This year, the Berkshire Hathaway AGM was virtual-streamed for the first time in its history.
It seems Warren Buffett is waiting for it to ‘rain gold’. Waiting for the market to fall further and expose even greater opportunity.
He made his key point. ‘Never bet against America.’ Explaining that the country had survived wars and the Great Depression. That an investment into America at its founding 231 years ago would have yielded a return of 5000 to 1.
He covered some of his old ground. It’s the business you must believe in. Don’t worry about the day-to-day share price. Which can be irrational. Buy as much as you can of a great business and hold it for as long as it’s great. Indeed, our philosophy here at Lifetime Wealth.
Risk events generate fear. Fear in the short-run creates buying opportunities for the long.
There are several updates on our portfolio holdings this week and revised guidance…
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