Warren Buffett: 'Several times I had 75% of my net worth in one idea'

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Warren Buffett: 'Several times I had 75% of my net worth in one idea'

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Күн бұрын

Warren Buffett and Charlie Munger speaking at the 2008 Berkshire Hathaway annual meeting.
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Пікірлер: 17

@jonathancorcoran9427 Жыл бұрын

Concentration builds wealth, diversification protects wealth.

@andres5823 Жыл бұрын

Who said this?

@ConsumeristScroffa Жыл бұрын

Not necessarily. Did you watch the video? There are some ideas that you can put all your net worth in and be protected. Also, conservatism along with concentration builds wealth. You need to be concentrated in the truly exceptional ideas to have any chance at building wealth long time. Many investors concentrate and fail to even beat the market. Concentration alone may be catastrophic.

@C4rb0neum Жыл бұрын

Not really. Knowing what you own is better than having a diworsified portfolio (Peter Lynch terminology).

@MiguelLara-gj4hi Жыл бұрын

Concentration builds -or destroys- wealth

@jonathancorcoran9427 Жыл бұрын

@@andres5823 Me.

@writersrepo Жыл бұрын

So long as it is within your circle of competence and has good economics and its affords you a good margin of safety then you are ready to put 100% of your networth.

@drewlo9458 Жыл бұрын

Maybe 200% even!

@WarrenBuffettDividend Жыл бұрын

Big fan of your channel i wish to be there!

@extremecouponing91 Жыл бұрын

100 basis points 250 basis points in a stock will never move the needle unless you're up 500 fold. But if you don't know what you're doing it makes for good practice.

@MG_Stock_Analysis 10 күн бұрын

5:16 he had to pick 20% because thats exactly how much I got in my best idea…😂

@ReflectionOcean 6 ай бұрын

- **Put significant amount of money into one idea:** Consider confidently investing a large portion of your net worth into a single idea. - **Identify extraordinary investment opportunities:** Look out for exceptional investment opportunities that may require committing a high percentage of your net worth. - **Avoid overleveraging:** Be cautious not to overextend by putting a disproportionately high percentage of your net worth into a single investment. - **Value concentrated investment over diversification:** Focus on finding safe and wise opportunities to concentrate investments rather than over-diversifying. - **Recognize the importance of non-diversification:** Understand that diversification might not always be suitable for professional investors and seek concentrated opportunities wisely.