This is my high­light show for 2020. Obvi­ous­ly, from an invest­ing per­spec­tive, 2020 was all about how to han­dle Aus­trali­a’s first reces­sion in 30 years and a major mar­ket cor­rec­tion, so I’ve pulled togeth­er some of Tony’s com­ments on those sub­jects in the first half of the year. To fin­ish off the episode, I picked a cou­ple of clips of TK talk­ing about the mir­a­cle of com­pound­ing and why investors need to embrace volatil­i­ty.

 

Tran­script avail­able here.

 

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  Episode Overview This week we catch up with Tobias Carlisle, who joins us to talk about his new book, Sol­dier of For­tune: War­ren Buf­fett, Sun Tzu, and the Ancient Art of Risk-Tak­ing. Tony and Cam quiz Toby on the three big Berk­shire deals the book dis­sects: the…

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