RWH033: Lessons From Buffett & Berkshire w/ Chris Bloomstran


In this episode, William Green speaks with Chris Bloomstran, President & Chief Investment Officer of Semper Augustus. This conversation has been divided into two episodes. Here, in Part 2, Chris discusses what we can learn from studying Berkshire Hathaway & Warren Buffett; weighs the risks of Berkshire’s huge Apple stake; discusses Berkshire’s valuation; & explains why the stock should beat the S&P 500. He also talks about avoiding charlatans and living with integrity.


00:00 - Intro

02:38 - Why Chris Bloomstran says it’s so valuable to study Berkshire Hathaway.

05:04 - How Warren Buffett thinks about intelligent asset allocation.

06:59 - How share buybacks are mishandled by many companies. 

11:30 - How he values Berkshire, & why it should outperform the S&P 500.

20:40 - Why most investors shouldn’t pick stocks for themselves.

29:16 - How Chris manages his time.

40:28 - How he’s risen above a painfully difficult childhood.

43:42 - Why the key to investing success is a fierce work ethic.

44:57 - What his football coaches taught him about integrity & kindness.

54:10 - How Chris uses social media to criticize what he calls “charlatan promotion.”

58:41 - What he thinks of Berkshire’s huge stake in Apple.

1:08:15 - What a legendary golfer taught him about how to live.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.



P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!


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