Alex Morris on what you can learn in his new book: "Buffett and Munger Unscripted"

Alex Morris, Author of "Buffett and Munger Unscripted" and Owner & Analyst at TSOH Investment Research, joins the podcast to discuss his first book, "Buffett and Munger Unscripted." You can buy your copy of Alex's new book, "Buffett and Munger Unscripted" here: https://amzn.to/4asUWNi Chapters: [0:00] Introduction + Episode sponsor: Fintool [3:03] Why Alex decided to write "Buffett and Munger Unscripted" [7:53] When did the repetition build up (speaking to organization of the book) [10:23] Incentives and ethical guardrails [21:10] Biggest differences about Buffett over the last 20-30 years [29:53] Nike [39:14] Is there an industry that Berkshire hasn't really invested in after all of Alex's research [41:56] Wal-Mart and Costco [45:27] Predictability and cyclical businesses [49:11] Alex's view of Buffett's thoughts on the market these days [51:55] Parallels between Berkshire to Markel [55:42] Banks [1:04:22] Andrew's thoughts on Academy Sports + Outdoors, and the space in general Today's sponsor: Fintool Fintool is ChatGPT for SEC Filings and earnings calls. Are you still doing keyword searches and going to the individual filing and using control F? That’s the old way of doing things before AI. With Fintool, you can ask any question and it’s going to automatically generate the best answer. So they may pull from a portion of an earnings call, or a 10k, whatever it may be and then answer your question. The best part- every portion of the answer is cited with the source document. Now- if you’ve tried to do any of this in ChatGPT you may know that the answers are often wrong or hallucinations. The way Fintool is able to outperform ChatGPT is their focus on the SEC filings. If you’re an analyst or a portfolio manager at a hedge fund, check them out at https://fintool.com?utm_source=substack&utm_campaign=yavb&utm_content=podcast280