325: Good Investments Are Not Defined By What You Buy, But What You Pay

Warren Buffet and Charlie Munger invest on the basis of value, not the economy. Good investing, versus speculating, should be boring, like watching paint dry. You want to protect your capital and get appreciation as a bonus. Chasing unrealistically high returns can cost a lot of money and create a lot of pain. Paul Moore, Managing Partner of Wellings Capital, has an impressive track record in investing in conservative asset classes and assets that are resilient, recession resistant, and stand the test of time. Paul’s latest focus Is on RV Parks. Five times as many people own RV’s today compared to just three years ago.