Warren Buffett & Charlie Munger: National Debt

Рет қаралды 34,262

5 жыл бұрын

Warren Buffett and Charlie Munger discuss the national debt of the United States. From the 1995 Berkshire Hathaway annual meeting.
Top ten investment books;
The Intelligent Investor by Ben Graham: amzn.to/2XP3Hvo
The Big Short by Michael Lewis: amzn.to/3ak7Wr0
The Dhandho Investor by Mohnish Pabrai: amzn.to/2PqQDgk
One Up On Wall Street by Peter Lynch: amzn.to/39JM2Kk
Ben Graham's Security Analysis: Sixth Edition, Foreword by Warren Buffett: amzn.to/2XNYtAh
The Little Book of Common Sense Investing by Jack Bogle: amzn.to/2UsGk8T
Common Sense on Mutual Funds by Jack Bogle: amzn.to/2Uxu2wl
Common Stocks and Uncommon Profits by Phil Fisher: amzn.to/2XOCU2v
Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger by Peter Kaufman: amzn.to/2oBddW4
The Essays of Warren Buffett: Lessons for Corporate America: amzn.to/3EwbNxx
(The above are affiliate links.)

Пікірлер: 50

@JD.......... 4 жыл бұрын

Debt to GDP ratio then was ~60%. In 2020 it is ~105%

@mattydomingo 4 жыл бұрын

interest rate is super low, keep sliding that credit card 🤘🏼

@aryankushwaha1964 3 жыл бұрын

Yup

@lksjfadlk 3 жыл бұрын

~107% now.

@Stewiehleba 3 жыл бұрын

If you owe people the thing you can print. Why do you care how much debt you are in?

@YoosufMuneer 3 жыл бұрын

@@Stewiehleba inflation

@SupermanJH68 5 жыл бұрын

Net national debt in 1995, when this was filmed, Is significantly different than 2019. In 2019, it’s much larger.

@briandiaz4802 5 жыл бұрын

Superman 68 did you watch the video? If you did, you have comprehension issues.

@crosswire7777 5 жыл бұрын

Yeah you're really dull superman68 for writing this comment. You just aimlessly leave comments without watching videos dont you?

@TheJeffMiller 5 жыл бұрын

I don't understand why Brian Diaz and crosswire7777 are bagging on this comment. Superman 68 is exactly right. 2019 national debt is 100%+ of GDP compared to 60% or so in 1995....exactly what Buffett and Munger advised against. So it is different. It is larger both in absolute and in relative terms.

@SupermanJH68 5 жыл бұрын

@@TheJeffMiller They are obviously uneducated ingnorant morons, looking for a fight, and have no care for the growth and improvement of the USA.

@crosswire7777 5 жыл бұрын

@@TheJeffMiller lol you two are so dull. You just focus on the numbers without any context behind what they mean. "If i had to look at one statistic it would be" and you stopped listening after that. Nevermind the rate at which its rising overtime, assets, or taxation, lets just focus on that simple statistic because we are simpletons. Here's some financial advice you can hold me accountable to: don't quit your day job, boys.

@shinekshaji3140 5 жыл бұрын

More videos . Related to Investing. Your videos are great. Keep going

@ChrisAthanas Жыл бұрын

Is anyone here fixated on the 60hz hum?

@Commando303X 3 жыл бұрын

Well, as of Thursday, January 28th, 2021, ~10:36 P.M., E.T., the United States debt is ~140% of its G.D.P. (i.e., ~$28 trillion debt, to ~$20 trillion G.D.P.). So, ...yeah.

@gordongordon98 3 жыл бұрын

I just love how he thinks.. It is so out of the box, and creative

@matimandambha9468 3 жыл бұрын

I like the way how you think 😂

@francisbeaudoin4747 5 жыл бұрын

Brilliant

@crystalyeowchingching1036 5 жыл бұрын

Spending Habits = National Debt Say Cheeseeeeee !!! Means you don't have good Spending Habits. 😂😂😂😌😌😌😂😂😂

@mkelly1118 3 ай бұрын

Very interesting. Wish he explained more how the rapid increase in debt to gdp would “set things in motion” 🤔 Apropos of today…

@unknownchannel3141 4 жыл бұрын

This is 1995...the national debt now...

@johnlaborat8816 4 жыл бұрын

He didn’t answer the second question

@shankarbalakrishnan2360 Ай бұрын

Ur waiting with ur red jacket on❤❤🎉🎉

@bluegtturbo 2 жыл бұрын

And now the debt to gdp ratio is disastrous 25 years later

@Trenton.D 10 ай бұрын

Government debt is private sector surplus. Government spending goes somewhere. It goes everywhere in the economy. Why? Because the government issues currency. A government surplus means private sector debt. Aka NO GROWTH.

@warriorz9451 5 жыл бұрын

Now. U.S economy 73% debt 27% economy

@bjtaylor4235 5 жыл бұрын

What's NET national debt? Net of what assets?

@Gamenetreviews 5 жыл бұрын

Think he means per debt/gdp.

@bjtaylor4235 5 жыл бұрын

@@Gamenetreviews sounds like he's trying to call NPV of expected future tax revenue an asset. But then you should call NPV of expected future expenses (military, education, social programs etc.) an additional liability.