Warren Buffett is famous for his disdain of “investment strategies” that involve making small gains while taking big risks, even if those risks rarely erupt. He has described this approach using the above analogy, although he has said “pennies” instead of “millions”. In today’s $28 trillion US stock market, however, “millions” is a much more appropriate word.
The reaction to this edition of the Guest Evergreen Virtual Adviser (EVA) has the potential to be as incendiary as the subject matter itself.
This week’s EVA brings a special opportunity to hear from David Hay, Grant Williams, and Aaron Chan in an Adventures in Finance podcast. In this 15-minute clip, you’ll hear David candidly open up about one of the “things he got wrong.” Enjoy!
In this exclusive Quarterly Webinar, David Hay reviews what’s happening with the economy, inflation, bonds, energy and the stock market. You don’t want to miss this!
To Seattleites, the initials EMP stand for Experience Music Project, funded and founded by Microsoft co-founder and mega-billionaire Paul Allen. But to those of you who recall our May 19th EVA, it has a much more ominous meaning: Electromagnetic Pulse.