In keeping with our objective of concise posts, we hereby summarize Berkshire Hathaway Annual Meeting 2021. For details, for the Yahoo Finance report.
- Investing in America has the best prospects of any.
- Buffett stated: “On my death there’s a fund for my then-widow and 90% will go into an S&P 500 index fund.” In other words, investing in an exchange-traded fund which tracks the S&P 500 is ideal. Picking stocks is futile for most investors.
- Investing in bitcoin and other cryptocurrencies will end badly for investors.
- SPACs are similar to a ‘gambling-type market’.
At 90 and 97 respectively, Buffett and Munger are the epitome of the erudition, integrity and understanding of history. At least intellectually, we should all strive to die as the young as possible as late as possible.
We have designed the Monday Morning Millionaire Program to offer abstracted investment education. Over the last two decades, the program has outperformed over 90% of portfolios, including professionally managed ones.
The program does not provide any investment advice or endorsements.
Members can read our posts in less than five minutes. Following and studying the links embedded in these posts would take longer. How members manage a post depends on their level of interest and investing knowledge.