Warren Buffett has referred to the massive cash pile at his company Berkshire Hathaway Inc. as his “elephant gun,” meaning he’s always on the prowl for an opportunity to shoot large sums of money at a big acquisition or investment. While he made a few deals this year as the Covid-19 pandemic roiled markets, he hasn’t been quite as active as he was during the global financial crisis more than a decade ago.

Why is that? Joining this week to discuss why is Larry Pitkowsky, co-managing partner at GoodHaven Capital Management. His GoodHaven Fund counts Berkshire Hathaway as its top holding. Pitkowsky also discusses other holdings in the fund and shares some thoughts on markets and value investing. 

Mentioned in this podcast:

Amazon Tells Echelon Fitness to Stop Selling $500 Prime Bike

Can’t-Lose Trades Falter With Inflation Expectations Flagging

Warren Buffett has referred to the massive cash pile at his company Berkshire Hathaway Inc. as his “elephant gun,” meaning he’s always on the prowl for an opportunity to shoot large sums of money at a big acquisition or investment. While he made a few deals this year as the Covid-19 pandemic roiled markets, he hasn’t been quite as active as he was during the global financial crisis more than a decade ago.Why is that? Joining this week to discuss why is Larry Pitkowsky, co-managing partner at GoodHaven Capital Management. His GoodHaven Fund counts Berkshire Hathaway as its top holding. Pitkowsky also discusses other holdings in the fund and shares some thoughts on markets and value investing. Mentioned in this podcast:<a href="https://www.bloomberg.com/news/articles/2020-09-22/amazon-unveils-500-prime-bike-sending-peloton-stock-down?sref=jaGkMhDb">Amazon Tells Echelon Fitness to Stop Selling $500 Prime Bike</a><a href="https://www.bloomberg.com/news/articles/2020-09-24/can-t-lose-trades-falter-with-inflation-expectations-flagging?sref=jaGkMhDb">Can’t-Lose Trades Falter With Inflation Expectations Flagging</a>

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets.

What Goes Up

Buffett’s 'Elephant Gun'

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/00b9cd4f-1cc0-4d08-9bf5-ae3c002ffa81/transcript

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