I dont understand the joke can anyone help me pls

There are more inefficiencies to take advantage of in the equities market versus commodities.

Last quote xD

i know a lot of people who make great money in oil but theyre just good traders who can make good money in any market

Ches moving like at tortuga up

Goodwill can never be amortized, as it has an indefinite useful life. However, it should be regularly tested for impairment, and when impaired the "Loss on Impairment" account is debited.

This yr inflation at a range❤❤🎉🎉

there was never was, never has been and never will be a shortage of oil. It's a natural earth process and will never stop.

Despite all the years Charlie praising costco, buffett never bought smh 🤦

🎯 Key Takeaways for quick navigation: 00:03 *💡 Investissements dans les matières premières* - La question principale porte sur les investissements dans le pétrole et les matières premières, - L'investisseur a commencé à acheter du pétrole en 2007, a bénéficié de la bulle du pétrole en 2008, et s'interroge maintenant sur la viabilité de ses investissements. 01:02 *🛢️ Perspectives sur le pétrole* - Buffett et Munger partagent leur point de vue sur le pétrole, - Ils reconnaissent le caractère fini des ressources pétrolières et envisagent une hausse future des prix. 02:15 *🤔 Stratégies de trading et d'investissement* - Discussion sur les stratégies de trading et d'investissement dans les matières premières, - Buffett et Munger expriment leur préférence pour les investissements dans des actifs productifs plutôt que la spéculation sur les matières premières. 05:17 *📉 Difficultés du trading de matières premières* - Soulignement des défis et des risques associés au trading de matières premières, - Buffett et Munger mettent en avant la complexité et le manque d'avantage compétitif dans ce domaine. Made with HARPA AI

he says it's too hard to predict commodity prices. i dunno man, sure it's hard to predict whether a resource will go up or down but at least i can understand its usefulness and therefore its demand. compare that to, say, a tech company. what do i really understand about how this tech company makes its money? how can i really claim to understand its usefulness? to me commodities seem far less opaque than tech stocks

Buffett loves government spending. The more government spends the more Buffett likes. Buffett knows that money trickles up to the rich. Even if taxes are raised he does not mind ,why more taxes equal more spending. When the 5 trillion dollars for covid was announced Buffett was seen doing backflips across his front yard and Charlie got out of his wheelchair twerking. In jest of course. RIP Charlie. Great American. IMHO

This is dumb, buffet and Berkshire just bought a commodity company a few weeks ago 🤣

Well one hand it's just common sense like how he put it "Physical resources are finite" so it doesn't really matter the commodity is if you go long and you did so a few years ago you'd be a billionaire today.. Look at cocoa, cotton, oil, gold, silver etc they all have gone up. So if you bought low and early enough, then you couldn't go wrong if you tried.

People always try to "man him up" or have some type of ego battle. How is it not clear that Buffet and Charlie like easy and reliable investments? It's not like they take themselves as seriously and as authorities.

The 2 old guys from the Muppets?

Buffet is a Mason I’m sure. Never gonna give you the answers. Never gonna teach it at school. If he says don’t trade com. Trade them haha

Dollar is history.

It’s amazing that you can ask Warren Buffett just about any question and he has an extreme depth of knowledge about it.

The short answer is he doesn't know about Crude oil

The focus on ESG distorts the pricing on EVs. The price of EVs is telling you something but subsidies distort the signal.

Is NATURAL GAS AN 3 EXCELLENT BUY FIR THT $5

shit, he might live to 120 - he speaks eloquently and quickly

Turn your mic off if you going to eat like a child.

this is straight out of south park

What a jackass and an idiot and that’s an offense to jackasses and to idiots. He’s trying to sound smart in front of a couple proven geniuses.

I cannot watch anymore of this. The BH shareholder wants to stroke their ego in public. Every question is 8 minutes

JUST TRADE IN KIDS WITH EPSTEIN 🤷‍♂️

"And your Dollar Aint Shit" - Oliver Anthony

She went to Berkshire shareholder meeting to ask a question about trading oil?! 🤦‍♂️

This is like if Statler and Waldorf from The Muppets came to life

LIke number 500

U spread misery,,I'm not interested

If money is our only tool,,u have nothing

People with an edge in commodities are people with a very very good understanding of economics and a lot of information about the markets, and can get in and out fast. People with an edge in stocks know that the company makes good products and has good management, and only needs to know maybe a little bit of economics. When you trade commodities, you ARE the company, you don't only own the company. It's a lot of work, but worthwhile if you really do have an edge.

This gal's a gambler (and a bit self-congratulatory), not an investor.

buffoon and mongoose are nothing but a pair of thieves they stole from the American Indians and should be put in prison

This is a strong friendship there between these two men. Charlie laughs hard at the joke and buffett doesn't look at his friend concerned because he knew Charlie would take it in right spirit.

Buffet, once public speech crash course direly needed is best sitting talk show host!

Buffet: I predict Charlie is gonna talk ab costco( his only best bet) . Charlie: Costco….. 😂😂😂😂😂😂😂😂😂😂

Draaaainage

When considering an asset for investment, it makes some sense to zoom out and look at a long-term price chart. If the asset just goes up and down, it may take significant skill to make money trading it, and not be sensible to buy and hold the asset. If the asset goes up over long periods of time, like stock indices tend to do, buying may be more sensible, and you can trade around a core position if you are skillful.

That is the way business is taught in top MBAs. It's called the case method. However, showing cases isn't enough. You need to put the student in the shoes of GM and ask him, "How do you get out of this trap when the board and the unions insist that this trap is a great place to be". For undergrads, I teach mechanics: set up a webpage, how to run ads, etc.

I do not count goodwill at all. Most of the time its made up bull.

I don't understand why someone would ask this question at a Berkshire meeting. It's like bragging about gambling winnings

Longest laugh from Charlie. 10/10 on the joke 😂. Wise words from both as usual 😊

Humpty dumpty sat on a wall. Humpty dumpty had a great fall.

👍👍

Meritocracy and ethics. Those are just tools of the oppressive patriarchy 🙃😊

2 SMARTEST GUYS IN THE WORLD. BEING NICE TO THE LADY TELLING HER HER INVESTMENTS IN OIL COMMODITIES NOT THAT GREAT...👍👍