14: Do You Use This One Buffett Secret? - Stansberry Investors MarketCast
Apple (AAPL) dominated market news last week with a $100 billion buyback announcement. Greg tells you why AAPL is one of the only tech stocks to rally after earnings. John asks Scott and Greg about Warren Buffett’s AAPL purchase, and what it says about today’s investment opportunities.
Greg reveals the one simple Buffett investment rule that’s served Berkshire Hathaway well for decades, but most investors still can’t do it. John wonders if Elon Musk was vaping during his most recent earnings call. Greg speculates that there is only one reason Tesla (TSLA) is still in business and tells you why the electric car maker may never be profitable.
Scott and Greg give you a couple reasons why China could win in a trade war and discuss the unintended consequences of rising interest rates on emerging markets. John offers Bill Gates help with shorting Bitcoin and asks Scott to breakdown the current M&A environment. Scott tells you what the Fed is willing to do to let the economy run hot for a while and why markets are quietly picking up momentum.