I am a global investor aiming to identify companies with durable competitive advantages and excellent management teams. My goal is to acquire shares in these high-quality businesses when they are available for prices below their intrinsic value. Through this simple philosophy I strive for long-term outperformance versus market averages.
He isn’t saying ESG isn’t an important topic. He’s saying they don’t have big investors who they don’t know personally so they don’t want to spend resources on ESG reporting. Most people in comments completely misunderstood him and just started bad mouthing ESG without understanding it
So call "diversity" cost me being passed down for a job, to hire less qualified people, just to meet quotas. Stupid because the company suffers from performance. And I'm probably not the only one. Political correctness sucks.
The efficacy of DEI cannot be measured because nobody who benefits wants to give credit to DEI. The downside is, people who DIDN'T benefit from DEI might be undervalued because of the possibility they did.
Diversity means a POC brings more value to the team than a non-POC. How does this relate to racism? Does this mean a non-POC brings more value to a mostly POC-team than a POC?
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
Just because you are of a different race or color doesn't make you the choice over someone that has experience or graduate to get the job in the workforce but apparently it does nowadays.. I've seen first hand where they pick some idiot that doesn't know shit over someone with experience just because they are of color or other.. And no it's b3ing racism it's just the truth
Excellent choices having a great savings and more streams to earn makes life goal’s easier but our way of life needs better alternative,at the same time, people also need to be more responsible. I know for a fact that there's a lot of people that simply don't make enough, I make roughly hundred plus a year and in California, thanks to rent inflation alone eat up almost all of what I make, with dependents and other obligations included, it's easy to end up with zero. however it’s a good time to add to existing asset holdings as follow -on opportunities
I have a full time job. I'm just looking for investment that won't require my time that's very profitable as well. i don't have much to do real estate.
Great plan . Started investing at 37. Sometimes I wish I started earlier. it might seem like you are wasting your time now but you're making huge changes and progress. Watch out in nearest future your friends will regret why they didn't take this bold step. Keep it up.
@@FrenkVanDerBoon I do not disagree, there are strategies that could be put in place for solid gains of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
@@janebeazleym i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Without private equity you'd still be a monkey today ! The human condition is that baby monkeys sometimes by chance get to rule deploying their total shitty philosophy, like this one ! Think ! Don't DRIVE and drink !!
Stock pips, dips, splits, down, up ,side ways. Don't believe in that 💩 . Do you really think a trader who spends $3 on a happy meal is going to give the world free money?
It Is mind blowing how more than a year ago Mr. Munger had invested in BYD way before it became the company that could kill all giant car manufacturers.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Advisors only care about one thing: average performance- so you don’t pull money and they can keep leeching that AUM. They suck at investing and never owned a business themselves. Think about it these “pros” buy and sell businesses everyday but never even ran a lemonade stand! Thats like saying you can score 20 in a basketball game but you never played
I worked for Benjamin Moore owned by BH for 23 years. They have over the last few years become completely woke and everything is DEI. We had to fill out surveys asking all kinds of DEI questions. It will ruin the company over time. Glad I left and am now retired.
Awesome stuff! My portfolio just surpassed the coveted ~$1m mark! Biggest positions VOO, VTI, SCHD, VYM, and now looking to build up DRGO alongside my individual stocks. I got ~$48800 divs last year in taxable divs. Q2 taxable divs this year was ~$17k this year. Get started and don't look back.
If one is in their early 40s and just started investing (have 401k from work). Should they just focus on growth etfs since it will be too late for them to see real benefits with dividends?
Hi, I wouldn't say early 40's is 'too late' for anything related to investing. If you have at least 20 years left to put money into the market then I think growth is a nice way to lean. I would still have a balance of the two. I think value/dividends is good to have at any age in any market (with at least a portion of the portfolio). Having a CFA that dedicates time to research companies thoroughly and implements effective risk management strategies can be invaluable. This system has proven effective for me!
Appreciate the response. I'm trying to get an advis0r for guidance but it's harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it's not too much problem
Listen, lawyers are nothing but crooks! Ask any lawyer how many hours he billed in one week and he / they will not tell you. And you can't look it up anywhere. That is because they bill 60 - 70 hours a week and they were really only in the office for 35 hours for the week. They get away with it because most of our politicians are what? ATTORNEYS This video is a joke!!!!
3 minutes into this. tldr he is saying don't start your own investment fund until you figure out how to make or break even. then if you didnt hear what he said next.
