Every year, professional and amateur shareholders have the opportunity to partake in Berkshire Hathaway’s annual meeting where legendary investors Warren Buffett and Charlie Munger field questions on Berkshire’s business and investment decisions. Typically, the annual event is…
Regular readers of the Evergreen Virtual Advisors (EVAs) written by me have probably noticed that I’ve been unusually silent on Bitcoin and the other cryptos for a very long time. In fact, I can’t recall the last time I’ve made any comments; however, I do vividly remember when I should have.
It’s not often that we don’t run a relevant quote in at the beginning of an Evergreen Virtual Advisor (EVA). However, there are enough gems in this week’s Guest edition to obviate the need. The lead soundbite is by one of the people I most admire in the investment ecosystem, Howard Marks.
One thing that has become apparent over the past decade is the growing connectedness between the physical and digital world. VR (Virtual Reality) and AR (Augmented Reality) products have made it possible to explore new universes and to see the existing world in new ways.
Over the past several weeks, a sharp spike in bond yields has created volatility in equity markets. In particular, the Nasdaq and many tech companies have come under scrutiny as investors have reconsidered their exposure to these historically expensive securities. Inflation has also been a red-hot topic as new stimulus gets distributed and further stimulus is being discussed in Washington.