The topic of this week’s episode is Warren Buffett’s annual letter to Berkshire Hathaway shareholders. My guest is Jake Taylor, the Chief Executive Officer of Farnam Street Investments. Jake has been a previous guest on The Good Life as part of the Decision-Making Mastermind Group. Jake breaks down Warren Buffett's latest Letter to Berkshire Shareholders and helps us understand what we can learn. Jake is an incredibly knowledgeable investor, and he follows Berkshire carefully, so he's familiar with the company and he brings unique insight into interpreting Buffett's letter and his message to the investing community.
This show grew out my interest in Value Investing and in helping others to apply the principles of value investing to our lives. Buffett's annual letter is always full of wisdom and Jake helps us unpack this year's edition so we can get the most out of it.
What You'll Learn
- How to analyze Berkshire’s earnings
- Buffett’s two primary goals for his leadership of Berkshire in 2020 and why he didn’t meet either of them
- What share repurchases at Berkshire and Apple in 2020 mean for Berkshire shareholders
- How to think about the Retained Earnings at the companies Berkshire partially owns
- Why Buffett is writing down his purchase of Precision Cast Parts
- The structural advantages of Berkshire
- The “Four Jewels” of Berkshire
- Why you should never bet against America
- The surprise announcement about this year’s annual meeting
Books & Resources
- Berkshire Hathaway Letter to Shareholders 2020
- The Rebel Allocator by Jake Taylor
- Episode #4 – Jake Taylor Discusses his novel, The Rebel Allocator
Connect with Jake Taylor
Connect with Sean Murray
- Email: seanm@realtimeperformance.com
- Twitter: @seanpmurray111
- LinkedIn: https://www.linkedin.com/in/seanpmurray/
- Website: www.seanpmurray.net
- Newsletter: https://www.realtimeperformance.com/newsletter/
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.