Has Warren Buffett Lost His Golden Touch?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 7 March 2014
⏱️ 50 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | It's Brian Preston, the money guy, |
| 0:02.9 | restoring order to your financial chaos, retirement, investing, taxes. |
| 0:08.8 | You've got financial questions, he's got financial answers. |
| 0:12.4 | It's Brian Preston, the money guy. |
| 0:15.4 | Hey guys, it's your host Brian Preston. |
| 0:17.2 | Pretty excited because you all know what happened in the last week. |
| 0:20.5 | The annual letters to shareholders came out. |
| 0:23.2 | Mr. Warren Buffett has been all over the place, |
| 0:26.0 | kind of talking about what Berkshire Hathaway has done in the last year. |
| 0:30.8 | And a lot of people, it cracks me up and it's the same people he picks on |
| 0:34.2 | when you get into the letters of shareholders are asking, |
| 0:36.9 | has Warren lost his touch? |
| 0:38.6 | All the headlines are saying, |
| 0:40.4 | has this man who has the modest touch lost it |
| 0:44.0 | because he didn't beat the S&P 500 last year? |
| 0:46.8 | Have you guys lost your mind? |
| 0:49.0 | I mean, this is the guy that if you compare his performance to |
| 0:53.0 | what the general markets have done, he owns them. |
| 0:56.0 | I mean, it really is. |
| 0:57.4 | He even makes an old quip that they've acquired eight companies, |
| 1:01.8 | the holdings of eight companies that if they were individual, |
| 1:05.5 | they would be in the Fortune 500. |
... |
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