Buffet and Munger's Musings
In April we sent our latest newsletter, “Is the market partying like 1999?” (if you would like to revisit this, please click on the “Newsletter” tab in this website)
Here we are a couple of weeks later and we once more enjoyed the Berkshire Hathaway annual meeting (albeit virtual this year). There is always lots of wisdom shared at this event.
Warren Buffet and Charlie Munger makes some comments remarkably similar to those made in our newsletter with regards to some parts of the market we are all not comfortable with including bitcoin, SPACs and marijuana.
We all agree, too, that finding emerging winning companies is a tough game and sometimes the best way to ensure exposure is through index investing.
Another similar sentiment is that we are all looking forward to when we can see our client/ shareholders in person again once it is safe do so.
The Pope Team