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TIP 054 : Mastermind Discussion 3Q 2015 (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network | Podcasts
By: We Study Billionaires - The Investor’s Podcast Network
Published: 2015-09-27 02:00:00
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In this episode of The Investor's Podcast, the mastermind group discusses new information about Mohnish Pabrai's Dhandho Holding Company, the Japanese Stock Market, Currency Concerns, Quantitative Easing, Warren Buffett's recent stock market purchases, and much more. 


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The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.
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