QUALITY INVESTING

And now for another video night as I present this week's episode of WealthTrack featuring an interview with Lawrence Cunningham, law professor at George Washington Unversity and one of the world's foremost authorities on Warren Buffett and Berkshire Hathaway, having even coauthored a book with Buffett, among other classic best sellers on value investing.  Enjoy.  It looks like this hot summer heat may finally be over and we're in for a beautiful week.  

QUALITY INVESTING -  A message from Consuelo - August 27, 2021

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Sponsored by: August 27, 2021 Dear WEALTHTRACK Subscriber, In this era of indexing the investors who research and buy individual companies are becoming a rarity - some would say a throwback - to another era.   The most obvious example is Warren Buffett, the nonagenarian Chairman of Berkshire Hathaway who is widely considered to be one of the greatest, if not the greatest American investor in recent memory.  Buffett is famous for buying quality companies for the long term, in his words “forever”. He is less well known for his emphasis on seeking “high quality shareholders”, stock owners who stick around for the long-term, whom he has succeeded in attracting to Berkshire Hathaway.  This week’s WEALTHTRACK guest is an authority on Buffett, quality companies and shareholders. This is part two of our interview with Lawrence Cunningham, a Professor of Law at George Washington University who is also a driving force behind the university’s “Quality Shareholders Initiative”, intended to research and report on “high quality shareholders”, as they are dubbed by Buffett - traditional investors that study individual companies, acquire substantial stakes in only a few and hold them for the long-term. He has written over two dozen books, including one in collaboration with Buffett, the best seller, The Essays of Warren Buffett: Lessons for Corporate America, now in its fifth edition,  which we discussed with him on a recent WEALTHTRACK. You can see the interview on wealthtrack.com.   Among his other books are  Berkshire Beyond Buffett: The Enduring Value of Values, and Quality Investing: Owning the Best Companies for the Long Term. His latest book is Quality Shareholders: How the Best Managers Attract and Keep Them. Among Cunningham's many philanthropic activities over the years is his current membership on the board of the Museum of American Finance, the only independent museum in the U.S. devoted to a history of the finance system that made us the world's economic and innovation powerhouse. I have the privilege of being on the museum’s board with him.  The theme of this week’s discussion with Cunningham is quality in companies and shareholders and why a combination of the two often leads to better investment results.    If you miss the show on public television, you can watch it on our website over the weekend. You can also find the WEALTHTRACK podcast on Stitcher and SoundCloud as well as iTunes and Spotify. We appreciate the time you spend with us on WEALTHTRACK. Have a lovely weekend and make the week ahead a healthy, profitable and productive one!   Best regards,