IN THIS EPISODE, YOU’LL LEARN:

• The most important takeaways from Warren Buffett’s most recent letter to shareholders.
• An overview of the five major segments of Berkshire Hathway.
• What is the moat of Berkshire Hathaway after Warren Buffett and Charlie Munger.
• Should Berkshire Hathaway be used as a substitute for cash or a bond in your portfolio?
• Ask The Investors: Should I as a shareholder of Berkshire Hathaway buy stocks that are already in the company’s portfolio?

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

Preston Pysh  0:03  

On today’s show, we have Jake Taylor from Farnam Street Investments to talk to us about the intrinsic value for Berkshire Hathaway. Although this conversation was recorded prior to the aggressive market sell off, today at the end of March, Berkshire Hathaway currently has one of the top 20 enterprise values relative to its earnings power for the entire US equity market. 

During the show, Jake talks about Buffett’s recently released shareholder letters. He also gets into all the reasons why Berkshire is currently trading at an attractive price relative to all other stocks on the market.

Without further delay, here’s our conversation with Jake Taylor.

Intro  0:42  

You are listening to The Investor’s Podcast where we study the financial markets and read the books that influenced self-made billionaires the most. We keep you informed and prepared for the unexpected.

Stig Brodersen  1:02  

Hey, guys, welcome to The Investor’s Podcast. I’m your host, Stig Brodersen. As always, I’m accompanied by my co-host, Preston Pysh. We’re here today with Jake Taylor, CEO of Farnam Street Investments. Jake, thank you so much for joining us here today.

Jacob Taylor  1:17  

Thanks for having me on the show, guys.

HELP US OUT!

What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!

BOOKS AND RESOURCES

• Jake Taylor’s book, The Rebel Allocator – Read reviews of this book.
• The Investor Podcast Network’s interview with Jake Taylor on, The Rebel Allocator.
• Jake Taylor’s letters to his clients.
• Warren Buffett’s letters to shareholders.

NEW TO THE SHOW?

• Check out our We Study Billionaires Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts. 

P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!

SPONSORS

• Capital One. This is Banking Reimagined.
• Move your business to the cloud with Netsuite.
• Solve your long list of must-reads once and for all with Blinkist.
• Affordable, private online counseling. Anytime, anywhere with Betterhelp.
• Experience a real estate investing platform that is powered by an investor-first model with Fundrise.

Disclosure: The Investor’s Podcast Network is an Amazon Associate. We may earn commission from qualifying purchases made through our affiliate links.

CONNECT WITH STIG

CONNECT WITH PRESTON

CONNECT WITH JACOB

PROMOTIONS

Check out our latest offer for all The Investor’s Podcast Network listeners!