December Newsletter: 2021 in Review
Technology Progressivism, Open Source Payments and Virtual Reality
Technology Progressivism, Open Source Payments and Virtual Reality
I am concerned about Berkshire post-Buffett. Greg Abel as future CEO stands a chance of preserving the Berkshire culture of operating its businesses independently. However, it will become increasingly difficult without Buffet’s large vote, and, with the rise of index investing to resist short term pressures index investment groups. For now, I will continue to hold 30% of my liquid net worth in Berkshire and sleep well.
Berkshire’s most notable investment in 2020 was in buying back its own stock.
I have moved all of my investments to a passive approach so I can divert more time to building businesses instead of stock picking/reading about markets.
Replay video here.
Warren Buffett is likely the world’s most famous living investor. Each year, his company (Berkshire) holds a meeting with over 40,000 people where he takes questions for about six hours.… Read More »Ronan’s Live Pre-Stream to the Berkshire Hathaway Annual Meeting (Warren Buffett’s Company)