Then act on it and stay disciplined.

Yea that’s what I settled for ultimately. Just buy berk and follow what Buffett bought. It won’t be late to buy after the news hit since he doesn’t buy stocks for 10-20% gains anyway. I mean he’s the best in the world so no reason not to copy.

@@techdova1021 my guy ive watched all of these and been investing for years lmao

@@idontgetscared it's a good idea, mohnish pabrai is one of the best copy cat investors

Listen to them won't make you rich. Working and learning by yourself to bring value will make you rich.

I’m glad it was helpful!

There is a youtuber who makes a "time saver" edit of each of these meetings to strip out all the fluff/flattery and just hear Buffett & Munger talk. Of course you can go with 2x playback as well on these videos. Probably good to play if only to properly condition one's psyche.

🙂🙂🙂🙂

Being incorruptible is a very rare and under-appreciated quality. These two are great at it.

Just like Munger's hero - Lee Kuan Yew, founder of Singapore.

Glad it was helpful:)

I really appreciate those kind words :)

Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement.

​@@rajeshupadhyay5683Lookup Priscilla Dearmin-Turner, she's the real investment prodigy and has also help me handled my trades for over 16 months now

A news host spoke so highly of this💕 Priscilla Dearmin-Turner and her loss prevention strategies been trying to get to her ever since

@@ericalorraine7943I just look up her name and found her webpage, thanks🙏

Thank you! Glad you enjoyed it

Hi! Glad you found the video helpful :)

Thank you, Rob!

দ

Thank you! Glad it was helpful 😊

Thank you! :)

Thank you! Glad the video was helpful :)

Things are actually really simple. People who explain things in complex ways tells you they don't really understand what they're explaining.

That's what happens when you're worth $100 billion or whatever lol

Au contraire! You should see his interviews on Yahoo Finance. Essentially, he claims that the shareholder meeting is the only day he eats peanut brittle and drinks coke. It's Warren's idea to have them out there on the table, because "Warren is such a salesman." (a brilliant and effective one, at that)

Thank you!

OMG 🤔? I'm really sorry for such an experience Okey🙏

@@obipiusodu8699 OMG! You Trade With Mrs. Lauren Simmons too I thought 🤔people don't know her that well... she's really awesome!

@@rollynieva7643 Just made my first withdrawal last week and I wasn't happy with myself because I was skeptical which made me invest so law meanwhile I'm on my second trade with her and this time I invested in a big way.

@@joshuaigo3151 Those scammers they promise to make up to $50,000 profit within the space of 7 days with just $2000 to invest and end up not even refunding your capital but she's a woman of integrity, with $2000 Mrs. Lauren will tell you can only make profit within the range of $10,000 to $12,000 and actually delivers.

Those scammers they promise to make up to $50,000 profit within the space of 7 days with just $2000 to invest and end up not even refunding your capital but she's a woman of integrity, with $2000 Mrs. Lauren will tell you can only make profit within the range of $10,000 to $12,000 and actually delivers.

Glad you enjoyed it!

You are welcome!

I agree with this!

Same thing ,

I don't see bill gates, Jamie Dimon or Tim Cook listening to those guys managing millions which called this 2 sage outdated. Those guys just dunno wth they are talking about and with a few millions dollars they think they are superior than warren and Charlie.

They definitely are out of touch and clearly spout incoherent nonsense. I mean who would ask a 98 year old about an emerging technology? You dumb or what?

It’s all about learning. Got to be a “learning machine” as Charlie puts it!

Thanks!

We are where we are because we ignored the fact that there’s no such thing as a free lunch.

To manage investment risk consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal. Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline Because investing can be complicated. Consider working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out.

@@hudsonrowan2522 your assertion that as we age we become more risk averse rings so much true to me. Can you recommend any fiduciary Financial Advisor?

@@troypaul5608 'ALEXIS GEORGEANNA HERMAN' does a good job. She is quite the genius in portfolio diversification. You can look her up on the web as she is SEC regulated.

@@hudsonrowan2522 My previous financial advisor didn't want me to pay off my house (I'm 52 and close to retirement) and talked about lost opportunity and all that. Makes more sense to pay it off and be debt free going into retirement vs the little bit of return I'm going to get in the market. But the way I look at it is they aren't looking out for me as much as they are looking out for more revenue for them by managing a larger portfolio. I guess I'm cynical. I will give ALEXIS a try as i can see she is SEC regulated and has an amazing track record. Appreciate!!

You're welcome 😊

You are welcome :)

I appreciate this kind comment!

And how do you feel now? He was right, he was just a bit early.

Yes I did! I’m actually going to make a “vlog” style video about it sometime this next week or so!

@Hillary Wyrick Please how do I reach your expert Priscilla ? I'll be glad to know more about the service she offer.

I found her website, thanks

Priscilla Diane AIvazian made me my financial freedom.

Check Capital Management Inc, based in Costa Mesa holding 1.6 Billion Dollars of Stocks/Bonds. I recommend them.

Few months ago I liquidated my crypto assets worth 27 grand initially was sitting at over triple that amount. But right now I just don't know what the future hold.

For a newbie, what do you suggest is best?

@@gregorydennis3409 If you seek my advise, I suggest you get an advisor, We are in a Bear Market currently, meaning declining market. But pro and cons about the bear market is that people are still making profits and losses. This is why an Advisor is a game changer cos they have the experience and losses mean they lose clients and credibility. No pro wants that for themselves. I would recommend Angela Farrington, she's licensed and just two months in and I'm making profits and gaining knowledge.

@@ivankristina7435 Do you know of any licensed advisor you can recommend in the states?

@@ivankristina7435 Please how do I get in touch with your advisor?

Boolish

🤦

Lol

I was there in person. Respectively, they did waste a lot of words

good point

That's not what timing the market means.

😂😂😂

@Ahmet Adamson yup! Know and understand the difference between investment and speculation/gambling.

@Eric . W. Apel and that’s what they teach, investment principles. Companies change, world change, but investment principles will always be the same.

@@LivingWithGout Well said, Investing is good but investing in the right things is the actual key to success.

There might be so many investment out there but if profit must be considered which is the actual sole aim of every investment then I'll advice you to go into bitcoin trading because it has a higher profit rate than most investments.

Glad someone else caught that, without constant forever bailouts, Buffett would be rich. He'd be jumping out the window. Good riddance, he's a poison pusher

I actually think he stated it that way, “If I could buy all the Bitcoin in the world for $25 I wouldn’t do it!” to emphasize his disdain for it. Both he and Munger are fully on record for hating Bitcoin. Munger called it rat poison! Crypto/blockchain technology is the future. Buffett/Munger have built excellent reputations for decades, but unfortunately they’re future reputations will be based on what they’ve said about crypto and how far off base history will show them to be!!

Hello Jacky, how are you doing today?

I don't think anyone who 'truly' invests in Bitcoin would exit their positions. That would be asinine.

@@brandonsanon-jules7223 Except they do. That's why it crashed 50% multiple times recently. Very few people are actually trying to truly invest in bitcoin. You need lower investors to prop it up so a few can make all their money.

@@billr5842 that's true... same with the stock market. People gamble the market instead of truly investing. Selling at a lost instead of patience. As buffet says, "The stock market is a device for transferring money from the impatient to the patient." I believe the same will hold try for legit crypto currencies.

Also maybe the selling(of some is the selling) came from holders that exit some of they positions who bought when it was under 1k of even under 100 dollars. I mean if I 600x or 60x my money, I would exit some of my positions as well.(I'm still hurt that my college teammate mentioned bitcoin to me in 2011 lol and instead of buying it I thought it doesn't make sense 😅, my 278,476% non gain).

Probably ducking byatches the night before

He's selling it as candy.

Buy a share and sell it after meeting

He doesn't need to understand the tech to understand it as an investment. Just like he doesn't understand how to design a smartphone, but he has made some hundreds of billions on Apple. His point on bitcoin is completely correct - buying bitcoin is buying a non-productive asset. That's just it. He NEVER said the technology is useless or anything else - he is just saying that AS AN INVESTMENT it doesn't make sense because it does not produce wealth. From his perspective, if you want to actually invest in the technology, you would invest in MININIG, which is how you actually get paid (from transaction fees). Bear in mind that these the same principles he applies to gold - and he has outperformed gold by a very large margin in the long run.

@@KFGustavo what I meant is he should understand what something is before saying it does or doesn’t work. I don’t mean he needs to know how to read the code. To say it does nothing is incorrect. It does something. It provides a service. Another way to transfer value just like fiat, checks, credit cards, or payment apps like Venmo or PayPal. Thats all. Uber and Airbnb don’t produce anything nor own any taxis or hotels yet they are considered a taxis or hotel companies. If you made no effort into understanding what they do or provide, then you would say people are dumb for investing in them. but they provide a service. They provide a platform for end users. Warren never invested in Microsoft, Apple, Google, Facebook or Netflix in the early days or even when they IPO because as he stated he doesn’t understand what they do or their business model. He invested in Microsoft and Apple pretty recently. He didn’t invest in tech related companies in 90s or 00s. They didn’t “produce” anything. He doesn’t get SaaS types of business models, which is fine he is incredible at understanding other businesses. But my point is at least understand what something is before writing it off. In his investment in Apple he understands what it is they are trying to do before he made his investment which is basic principle when making any investment. We don’t just buy something without knowing what it is or what they do. Also,thank you for a civilized reply. Much appreciated. Most of the time people just attack. I’m just looking to have a convo and share opinions and more importantly i like to understand other view points. So thank you again.

@@oneopinion5231 to add: Warren has said to have never have sent a email(does not know how). He could have invested early into Amazon as he met Jeff Bezos a few times. But said it was a outlandish dream. Same with Elon. He has a Circle of Competence and only invest things that he understands. Anything Tech related your better of getting advice from people like Peter Thiel. Not to discredit Warren and Charlie as there the best within there realm

He prefers productive assets and cash. I don’t see a problem with that.

It's not, actually. Bitcoin is just a big pile of nothing much. Gold is an age old asset. One that doesn't just vanish into thin air when 9 teens in a villa on the Bahama's decide to go play with it.

If you have the mona lisa you have something that was painted by Leonardo da Vinci. It's unique and won't be done again. It has a history. If you have a copy that was painted by John Loser from Nowhereville, Montana, it's just paint on a canvas.

Yeah, the Great Depression, World War II, etc. - real simple. Folks today have it SO tough.

@@DisabilityExams yep, indeed, happy you agree! I didn't mean easier, just simpler

The man has been compounding his investments for 80 years. I don't know where luck came into play there, you probably would lose all your capital in the 2nd year.

Things were also cheaper back then too. Think about buying a 40k house back then and as time goes by, the 40k is little. Now homes are really expensive. Only way we can match them is if average home prices jump 10 folds in the next 30 or so years.