After the Berkshire Hathaway shareholders' meeting last weekend, CNBC interviewed Warren Buffet, Charlie Munger and Bill Gates this past Monday.
Here are some valuable takeaways.
On buy-and-hold, low-cost, index investing:
On "investing" in Bitcoin vs. stocks:
Rick's note: This can be applied to any commodity - oil, natural gas, gold, silver, pork bellies…or GASP!…your house. Don't "invest" in something that's only potential return is the next guy paying more for it. Invest in things that produce - like companies in the form of stocks or stock index funds.
More on Bitcoin:
Rick's note: That thing you heard about that's too good to be true? Educate yourself and truly understand it before you buy into it.
On the company you keep: