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Money Guy Show

Top Investing Lessons from Warren Buffett in 2018: Letter to Shareholders

Money Guy Show

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

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 22 March 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

What did Warren Buffett tell us about personal finance in 2018? It may not be Christmas, but it certainly feels like it when the “Oracle of Omaha” shares his wisdom with us. There have been many of you asking when we are going to cover Warren Buffett’s letter to shareholders. That day has finally arrived!

Buffett shares that there are many things to be excited about, as well as future opportunities for all of us. In today's episode, we share the most important investment lessons he reveals that you can apply to your own personal finances. Join us for this week’s episode of The Money Guy Show as we explore Warren Buffett’s letter to shareholders.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/03/investing-lessons-warren-buffett/

Transcript

Click on a timestamp to play from that location

0:00.0

What did Warren Buffett tell us happened in personal finance in 2018?

0:06.1

It's Brian Preston the money guy

0:09.4

restoring order to your financial chaos retirement

0:13.4

Investing taxing you've got financial questions. He's got financial answers. It's Brian Preston the money guy

0:22.0

So it's not Christmas morning, but it's almost like Christmas morning every single year

0:26.9

We get so exciting

0:28.9

Excited when the Oracle of Omaha decides to lay his wisdom upon us. I'm always excited

0:36.5

We have we do a live show every other Tuesday and when we have people in the chat room actually asking is when we're gonna cover this

0:45.2

You know we've been doing

0:47.2

It's kind of it's kind of come our our thing and the way here's the way we want to set this up

0:52.5

Because y'all should know I love reading these letter to shareholders

0:56.9

So I've essentially created the cliff notes version of the letter to shareholders with all these pages

1:03.6

But we're not gonna cover everything I've done the cliff notes on

1:07.0

So what we've decided to do is is Bow has done a good job

1:11.2

He came in and we we had a whole brainstorming session on this and he goes

1:14.8

Let me have a whack at this thing to see if I can create some lessons that Warren created

1:20.2

Looking at these letter to shareholders and then let's see if we can distill this down a little bit more

1:26.1

So the way we're gonna set this up is Bow's gonna give us the lessons and then how you can tie this back to your own personal finances

1:32.5

And then I'm gonna kind of be the narrator of the things that really grabbed me

1:36.7

From the what Warren wrote this year

1:39.6

Yeah, I think that's perfect and I just thought it was so great because you can easily go read the letter to shareholders

1:43.8

You can just glean amazing wisdom from Warren learn a lot about Berkshire and how it works and why they've been so prosperous

...

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