Dear readers, much has been reported of Berkshire Hathaway Annual General Meeting held just two days ago. Many of the reporting centred on Warren Buffet’s views of his company, the economy and the stock markets and these are readily available on the internet.
One of my surprises were finally resolved from the AGM. I was surprised that in recent months, Warren Buffet (who said before aviation stocks are not really good stocks in both good and bad economy times) had been buying a number of aviation stocks in recent months. At the AGM, Warren Buffet finally said that he had sold off the aviation stocks.
Warren Buffet had mentioned in the AGM that index fund investing is a good way to gain exposure to the long-term gains of the equities markets. His thinking parallels that of my investing strategy where I advocate a bulk of one’s investment portfolio to be invested in index funds (e.g. Straits Times Index ETF for our Singapore markets). I believe that index fund investing will become even more relevant in the increasingly uncertain stocks and macro-economy environment where it is challenging to maintain good fundamentals of businesses.
While Warren Buffet is a proponent of value-investing and prefers to invest in stocks whose prices are at a discount off their intrinsic value, I would prefer a strategy that dedicates some portion of the portfolio into stocks with a proven model of high-growth. Stocks like Ali Baba, Tencent for example. This is where I think my investing strategy differs a bit from Warren Buffet.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!