Happy Mother’s Day weekend to all of you very important Mother’s !
Enjoy your very special and much deserved Day!
Nerds in Action
So you guys all know we are Financial Nerds …we are ok with this – calling a spade …..if the shoe fits… or however that goes…ha
Care to guess what Financial Nerds do to multitask?
Turn Around Trip Productivity – Warren and Charlie, Oracles of Omaha
If you click here, you will be directed to the 2023 Annual Berkshire Hathaway Shareholder meeting… it is a mere 7 hours and 44 minutes long…. eeeekkk
Break In – Think we finally figured out how to make the picture hotlink back to the webpage – lets see if it works when the email is received – fingers crossed!
Shhhhh…. don’t tell anyone, if you increase the speed to 1.75 X it is only a bit over 3 hours AND the voices sound amazingly normal (because everyone is speaking so slow normally) …
Turn around trip completed, lots of fun to a state just north of our resident Texas, great visit with Friends and clients…. AND the complete Berkshire Hathaway Annual meeting digested….
Now that’s multitasking…ya ya.. nerds, but that is ok, we will keep the review short but with the most important stuff!
Full report next week….ahhhh, but that is next week, enjoy your Friday and your Mother’s Day Weekend!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
May 2023 Audio Video Review – Buffet/Munger Words of Wisdom, Debt Ceiling, – Financial Planning and Capital Market Review – By John Kvale CFA, CFP
Hello and Welcome to our May 2023 Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!
Newbies –
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets thoughts and current events!
Hope you enjoy!
May 2023 Video –
YouTube
Financial Planning Tip(s)
Berkshire Hathaway – Buffett Munger Words to Live By
In this post Charlie Munger and Warren Buffet are discussed in great details… along with a secret to speeding the time to listen (1.75x speed)…..
Main thoughts to live by from Charlie and Warren:
Early on, write your desired obituary – and then behave accordingly.
irrational and get lousy results.
thing for a long time is a huge advantage.
Particularly added this as just last week, saw a review of the meeting that completely missed several of these points in my opinion.
Capital Market Comments –
Debt Ceiling Fizzle- All done until after next elections
With several comments from the field, we spoke multiple times, here and here about the Debt Ceiling, the history and the most likely outcome…
Much of our confidence on the matter comes from our contacts that we have developed over the years that try to give us a 100% straight scoop as much as possible…. They could always be wrong, but being numbers folks, we go with the odds…
They were right, once again!
Have a Great Day, Talk to You at the End of June !
John A. Kvale CFA, CFP
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Posted in Audio, Economy, Education, General Financial Planning, Interest Rates, Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Video
Tagged Charlie Munger, Debt Ceiling, John Kvale, Monthly Review, Warren Buffet