2024-12-20
1 小时 38 分钟You're listening to tip.
On today's episode, I'm joined by my co host, Stig Broderson to discuss current market conditions, how hard money fits into our portfolios during an uncertain macro environment, and the one book that Stig rereads every year, Poor Charlie's Almanac.
With Charlie Munger having passed away just.
Over a year ago, I thought it.
Would be a good chance to revisit this amazing book and uncover some of the lessons that Stig has learned from reading it more than a dozen times over the years.
At the end of the episode, I'll also share more on the free and paid events TIP will be hosting in Omaha during the Berkshire weekend where Warren Buffett hosts the Woodstock for Capitalism.
With that, I bring you today's episode on the current market conditions and Poor Charlie's Almanac.
Since 2014 and through more than 180 million downloads, we've studied the financial markets and read the books that influence self made billionaires the most.
We keep you informed and prepared for the unexpected.
Now for you, your hosts, Stig Broderson and Play Think.
All right, welcome to the Investors Podcast.
I'm your host, Clay Fink, and today I'm happy to be joined by my co host, Stig Broderson.
Stig, thanks so much for joining me here as a co host today.
Thank you so much for inviting me, Clay.
It's always great to be a guest on one of your episodes.
So today I originally wanted to discuss Poor Charlie's Almanac, but I thought it'd also be interesting to discuss current market conditions because when I think back to when I was a listener of tip, those were some of my favorite episodes to get yours and Preston's take on current markets.
We have the election season finally out of the way and we're back into a market that sort of resembles 2021 in many ways.
So Stig and I will be giving a quick overview of the markets and the economy to get us started here, and I promise I won't.
I'll try and not bombard the audience and the listeners with too many numbers here, so please bear with me.
So The S&P 500 and the NASDAQ, they're both sitting near record highs and then bitcoin as of the time of recording soared to $96,000, really took off post election and also is around a record high and just the secular bull run of asset prices just seems to only surge higher and higher after the temporary decline we had in 2022 in the stock market and assets we Zoom out and look at interest rates.