2-26-2021: Warren Buffett's Long-Time Business Partner Says Diversification Is 'Diworsification' episode artwork

EPISODE · Feb 27, 2021 · 46 MIN

2-26-2021: Warren Buffett's Long-Time Business Partner Says Diversification Is 'Diworsification'

from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

97-year-old Charlie Munger is Vice Chairman of Berkshire Hathaway and he argues that owning only two or three stocks can be an advantage--what is his reasoning?Today's Stocks & Topics: ENPH - Enphase Energy Inc., VZ - Verizon Communications Inc., TOL - Toll Brothers Inc., NEM - Newmont Corp., Economic Numbers, SNDL - Sundial Growers Inc., GOLD - Barrick Gold Corp., AMD - Advanced Micro Devices Inc., Deferred Annuity, BIG - Big Lots Inc. TRIVIA QUESTION: "Can you name a scientific discovery that evolved into a business or an industry-- or that influenced the direction of existing public companies?" Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

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2-26-2021: Warren Buffett's Long-Time Business Partner Says Diversification Is 'Diworsification'

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This episode was published on February 27, 2021.

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97-year-old Charlie Munger is Vice Chairman of Berkshire Hathaway and he argues that owning only two or three stocks can be an advantage--what is his reasoning?Today's Stocks & Topics: ENPH - Enphase Energy Inc., VZ - Verizon Communications Inc.,...

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