Category: Video

Buffett and Munger’s 2007 Warning About Market Valuations

Posted quantofasiaLeave a commentPosted in Video

Today’s video is from the 2007 Berkshire meeting, where Charlie Munger and Warren Buffett discuss the rise of corporate profits as a percentage of GDP’s rise from around 4% to over 8% as a reason “not to swing for the fences” at valuations then. Part of the rise in this ratio up to 2007 was […]

2019: The Year Private Investing Started Losing Its Shine

Posted quantofasiaLeave a commentPosted in Video

One trend I have disliked this decade is the relative increase in private equity and investors chasing them. As I describe in chapter 6 of my book, investing in private equity is similar to investing in public equity, other than lack of transparency, insider trading protections, larger ticket sizes, lower liquidity and a few other […]