CNBC Pro Talks: Warren Buffett disciple Person Spier reveals how to spend proper now

CNBC Pro Talks: Warren Buffett disciple Person Spier reveals how to spend proper now


Be part of CNBC’s Tanvir Gill Wednesday as she quizzes renowned worth investor Person Spier on how to participate in the markets ideal now.

Spier, who phone calls himself an “ardent disciple” of famous trader Warren Buffett, manages the $350 million Aquamarine Fund. Spier closely follows Buffett’s investing concepts, and the Aquamarine Fund is inspired by the initial 1950s Buffett Partnership period.

For Spier, the U.S. stays the “harmless haven par excellence,” offered its “unparalleled” geographical and financial pros. He’ll focus on some of the country’s most important stocks, like Alphabet, Bank of The united states, and Micron Engineering, as very well as world wide businesses Alibaba, BYD, and Ferrari.

Spier will also share his ideas on AI winners, “pockets of gross overvaluation” in tech, the “particularly ignored” sector of oil and gas, as very well as U.S. financial institutions.

Spier’s fund, which was started out in 1997, has logged an annualized return of 9% because then, in accordance to Aquamarine. That compares to the S&P 500‘s 8.2%, the MSCI World’s 6.9%, and the FTSE 100‘s 3.6%.

Join CNBC Pro Talks on Wednesday, August 9, at 12 p.m. BST / 7 p.m. SGT / 7 a.m. ET.

Submit your queries below.

Understand a lot more from our previous Professional Talks:

Connected protection from Pro:



Supply

36-year-old travels the world in a Toyota Tacoma: After 3 years on the road, this is her No. 1 takeaway
World

36-year-old travels the world in a Toyota Tacoma: After 3 years on the road, this is her No. 1 takeaway

In 2015, Ashley Kaye’s father died and she inherited her childhood home in Waterford, Wisconsin. At the time, she was 27 years old, working in corporate healthcare and transitioning to a consulting job, where she worked 80 to 100 hours a week. “I worked from home, so I just walked from my bedroom to my […]

Read More
How regime change in Iran could affect global oil prices
World

How regime change in Iran could affect global oil prices

Senior Israeli officials said this week that their military campaign against Iran could trigger the fall of the regime, an event that would have enormous implications for the global oil market. The oil market has reacted with remarkable restraint as Israel has bombed the third-largest crude producer in OPEC for eight straight days, with no […]

Read More
How activist Barington Capital can collaborate with Victoria’s Secret to improve shareholder value
World

How activist Barington Capital can collaborate with Victoria’s Secret to improve shareholder value

People pass a Victoria’s Secret store in Manhattan, New York City, on June 5, 2024. Spencer Platt | Getty Images Company: Victoria’s Secret & Co (VSCO) Business: Victoria’s Secret & Co. is a specialty retailer of women’s apparel and beauty products marketed under the Victoria’s Secret, Pink and Adore Me brand names. Victoria’s Secret brand […]

Read More