Frederik Gieschen
Ackman still on that inflation train: "We believe inflationary pressures are likely to persist due to ongoing supply demand imbalances. Precedents suggest that prematurely easing monetary policy in a stagflationary environment is a serious policy mistake"
https://t.co/mtSoOJ0i5f
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Tren Griffin
“I don’t pay much attention to macroeconomic trends. Like the weather, I just ignore the weather. I just try to invest whatever capital I have as best I can and take the results as they fall. I seize whatever opportunities I can and I hope I get my share.” https://t.co/G3tw8AnXSP
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Frederik Gieschen
Munger on becoming an LP in Australian investment firm Stonehouse: “The money is not all that material for the Mungers. “I did it because I admired him, and he’s a rare type and I thought it would help him.”
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Tren Griffin
RT @TheTranscript_: 3. On the high cash reserves at $BRK:

"We didn’t accumulate the cash because we were anticipating a big decline where you can spend it. We accumulated the cash because things got so competitive and prices for good businesses ... we couldn’t find any good buy https://t.co/Jm43uFWWgb
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Frederik Gieschen
“To be a great teacher, an effective teacher, it's about being a great student, be a great learner yourself. And I think that comes through if you're doing it well.” @mjmauboussin
https://t.co/9Sp6EgnBkO
You can find the full conversation here👇

https://t.co/2ESoXo5s5d
- Frederik Gieschen
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Frederik Gieschen
Munger: “Life is a game where you work very hard and deal only occasionally.”
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Tren Griffin
“We didn’t accumulate the cash because we were anticipating a big decline where you can spend it...things got so competitive we couldn’t find any good businesses to buy. Of course we hope that eventually Berkshire will find a good investment for its accumulated cash.” CM
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Morning Brew ☕️
When the job sucks but the pay is too good https://t.co/u519VUhS6Z
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Tren Griffin
This is hysterical:

"Disney hopes the dramatic rate hike will remind subscribers there’s a lot of new and valuable content on the service."

https://t.co/ZJOR4woS3Z
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Morning Brew ☕️
"So I put the kid's college fund into this new NFT project" https://t.co/NV0TBFf31m
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Tren Griffin
"Fixed wireless customers would recommend their service more than that of any other service even though in many cases it has slower speeds – with the exception of DSL – than the other options available." https://t.co/fBHNZNuaVk
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Tren Griffin
Guessing without accountability is fun!

"Ask paid forecasters what will happen to the market next, and the answers [range from] falling 12% to jumping 32%, this is one of the widest ranges on record, according to S&P 500 strategists tracked by Bloomberg." https://t.co/lUnl0DOL7b
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