How do Musk and Buffett Invest During High Inflation Period?

llynnnie
2022-03-16

What Musk says on how to invest during a high inflation period: The second half of his tweet lines up with investing advice Buffett, CEO of Berkshire Hathaway, hasgiven in the past. Back in 2009, at the tail end of the Great Recession, Buffett said at Berkshire Hathaway’sannual shareholder’s meeting that one of the best ways to protect against inflation is to own a part of “a wonderful business.”

That’s because no matter what happens with the value of the dollar, the business’ product will still be in demand.

The higher the inflation rate, the more quickly cash loses value. Investments, on the other hand, generally grow over time. That’s why during periods of high inflation, Musk and Buffett both recommend investing in strong companies whose stocks are likely to stay consistent.

$Tesla Motors(TSLA)$ $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$

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Comments

  • EvanHolt
    2022-03-16
    EvanHolt
    But the period of high inflation is coming to an end.
  • fluffik
    2022-03-16
    fluffik
    Yes, I think it can also be understood as buying stocks of excellent companies.
  • skyel
    2022-03-17
    skyel
    Hope he buy more crypto
  • Ajay29
    2022-03-17
    Ajay29
    Nice article thanks for sharing 🙏
  • LouisLowell
    2022-03-16
    LouisLowell
    Musk really likes cryptocurrencies.
  • Gagnant10
    2022-03-18
    Gagnant10
    thx
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