Warren Buffett & Charlie Munger: How To Preserve Purchasing Power In An Inflationary Environment

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Warren Buffett and Charlie Munger speaking at the 2004 Berkshire Hathaway annual meeting.

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Hi Financial Review, Please keep updating these videos to your playlist.

ronit.pereira
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#1 - Have Earning Power (i.e Make more money.)

#2 - OWN fine businesses that will be able to price in inflationary terms and will not have huge capital investment. (I.e Own a business with ALOT of Cashflow and minimal liabilities).

#3 - Remove unnecessary consumerism from your life. (I.e stop spending your money on useless stuff).

You will not need to be concerned about inflation if you make double your income in inflationary times.

itsajaysharma
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How to increase the purchasing power of mine and preserve i need help

woman
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Gold. Period. Good luck trying to pick companies that will survive the global currency crisis and global reset that would still produce valuable products or services.

Wavetheory