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Money Guy Show

Has Warren Buffett Lost Touch With Reality?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 23 March 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

Times are a-changing, and many investors believe that Warren Buffett has lost touch with reality and shouldn't be relied upon for investing guidance anymore. Warren has said he will never invest in crypto and has been critical of Robinhood and meme stocks. Is he no longer in-touch with how to be a successful investor today or can he still offer wisdom and knowledge? Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As Warren Buffett lost his touch.

0:03.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:10.1

investing, taxes.

0:12.0

You've got financial questions, he's got financial answers.

0:15.6

It's Brian Preston, the money guy.

0:18.3

Yeah, Brian, I am always excited when we get to talk about the Oracle from Omaha, Mr.

0:24.2

Warren Buffett himself, because we love his stuff.

0:26.6

But it seems like now the tone out there is a little bit different, right?

0:31.3

People should say, oh, maybe it's not the same Warren of old.

0:35.9

Well, I think it's interesting.

0:37.6

We've had it on the show hopper.

0:40.4

We're going to be covering the annual shareholder letter from Berkshire Hathaway.

0:45.1

What do you know, Warren, knowing we needed to put a little juice into this being a hot

0:50.8

topic or current event.

0:52.6

He goes out and makes one of the biggest purchases since 2016 at Berkshire Hathaway.

0:57.0

So good for him and Charlie.

0:58.8

But it is something I think we ought to have a discussion on.

1:01.8

It's because between cryptos, between Robin Hood, all these modern things that are impacting

1:08.4

the investment life is Warren, because he is 91 years of age, as he lost his touch on

1:16.0

everything, as he disconnected from this new modern world that we live in.

1:20.2

If you've been paying attention to financial media, there are a lot of things that are

1:22.5

headlines out there that are suggesting that.

...

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