The Mother of All Credit Bubbles (EP.34)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 20 June 2018
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing, |
| 0:06.0 | hosted by Michael Battnick and Ben Carlson, two guys who study the markets as a passion and invest for all the right reasons. |
| 0:14.6 | Michael Batnik and Ben Carlson work for Rit Holt's wealth management. |
| 0:18.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of |
| 0:23.9 | Ritt Holt's wealth management. This podcast is for informational purposes only and |
| 0:27.8 | should not be relied upon for investment decisions. Clients of Ritthold's |
| 0:31.0 | wealth management may maintain positions in the securities discussed in this podcast |
| 0:35.8 | Welcome to Animal Spirits with Michael and Ben there was an article over the weekend in Barron's preparing Berkshire for a future without Buffett. |
| 0:43.4 | What were your thoughts on this one? |
| 0:44.4 | I think that as Buffett approaches 88 this year, they said. |
| 0:48.4 | My prediction is a bull market in stories of giving advice to Berkshire. I'm sure that they've, wait, Berkshire or Berkshire? |
| 0:55.0 | You could stick with Berkshire. I'm going to take the traditional rap. |
| 0:58.0 | Okay, we'll call it my Midwestern accent. |
| 1:00.0 | He gave eight talking points about things that Buffett should do now to prepare the public I guess. |
| 1:05.6 | And I'm guessing Buffett probably just doesn't care. They probably thought about this stuff internally obviously. |
| 1:10.0 | I think Munger is what 95 probably. Buffett it's almost 88 they obviously have to have this |
| 1:14.9 | stuff figured out I would imagine and some of the some of the quick things that they talked |
| 1:19.4 | about were you know open things up to the public at a successor consider paying a dividend |
| 1:24.4 | buy back stock I don't know I'm guessing none of these things will actually |
| 1:28.5 | happen so it's kind of just an exercise in intellectualism, I guess. |
| 1:32.6 | Yeah, I thought some of these suggestions were okay, |
| 1:34.1 | others I didn't really care for. |
... |
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