QAV S05E07 — Overconfidence

This week we’re talk­ing about Navexa port­fo­lio issues, over­con­fi­dence in investors, Murph resigns from Berk­shire, Berk­shire invests in a cryp­to bank, Munger’s recent Q&A, BFG’s mon­ey laun­der­ing prob­lems, HUM’s acqui­si­tion by LFS, CGF back on the buy list, S32 is Tony’s pulled pork, Ares buy­ing into GMA, FMG is a Josephine, and then we answer your ques­tions about Grantham’s bub­ble warn­ings, using trend lines to know when to can­cel a Josephine, the iron ore sell price, buy­ing stocks close to the sell line, using com­pa­ny mar­ket cap fig­ure rel­a­tive to Index Funds to deter­mine whether a com­pa­ny’s share price could be at risk of a near future increase or decrease, kiss­ing a few frogs to get a prince, hold­ing on just for the takeover pre­mi­um and FEX’s very low sell line.