Welcome to the Money Tree Investing Podcast.

Stock market, wealth, personal finance, value stocks, invest in your life.

Hello, Smart Money Tree podcast listeners.

Welcome to this week's show.

My name's Kirk Chisholm and I will be one of your hosts today.

So today we're going to have a special panel with our very own Barb Friedberg.

Hey, Barb. Hey, Kirk. Hi, everybody. And we also have a very own Megan Gorman. Hey, Megan.

Hi, Kirk. How are you doing? Good, good. Well, today we have a special show because we're going to be

talking about the Berkshire Hathaway Annual meeting. This is something that a lot of value investors

love this. They love just hanging on Warren Buffett's every word. This has been going on for years,

and it is just, it is the center of attention, especially in the value investing world. So we thought

we would bring the panel discussion here to talk about it, because it did happen recently,

and just kind of talk about our thoughts and our takeaways and some takeaways that you can learn from listening to the annual meeting.

Let's kind of get started here.

So, Barb, what were your kind of initial thoughts or takeaways from the annual meeting?

I called out the most

universal truths from the meeting. And the main takeaways that I had that will be helpful

for you as well as listeners are active trading is hard. Stock picking is hard. Most people don't succeed.

And therefore, according to Warren Buffin, you are better off investing in a index fund,

which is a fund that is comprised of a replication of the overall market, be it the U.S. market or a broader

global market.

So, Megan, what about you?

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