468- Ten Billion
The world\u2019s best investing minds have made fortunes that most people can barely dream of in their lifetimes, but having a successful portfolio doesn\u2019t require the highest IQ, an office full of analysts, or access to top secret information.\n\nUnderstanding your own strengths and being able to identify the fields that are of interest to you are crucial components of a fruitful investing practice, and maintaining a limited scope in your research and analysis can help you maintain focus and avoid wasting energy on superfluous data.\n\nThis week, Phil and Danielle take a look (and listen) to the latest Berkshire Hathaway shareholder meeting and discuss some key takeaways from one of value investing\u2019s most important financial summits.\n\nIf you\u2019d like to evaluate your investing knowledge, discover areas for improvement, and enhance your investment strategies, click here for the Rule #1 Investing IQ Quiz:\xa0https://bit.ly/3Faf7ks\n\nTopics Discussed:\n\n2024 Berkshire Hathaway Shareholder Meeting\n\nMarket indices\n\nThe importance of mentorship\n\nInvesting in your interests\n\nCircle of competence\n\n\nResources Discussed:\n\nThe Intelligent Investor\n\nMoody\u2019s Transportation Manual\n\nValue Line\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices