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I like the use of sound effects but when used in these kinds of videos I would try to keep them more passive rather than for example the LOUD girl scream. You could use a less terror scream lol.
It's rare that binging RU-vid can feel productive! These videos are the perfect way to revisit concepts in books read in the past when you're a bit hazy on their details. Great content as always, honestly one of the most informative channels on the RU-vid platform :D
ROFLing in my car (to get the internet I can't at home)! Funniest financial piece I've seen since Peter Schiff's Stand Up Economist routine at the improv!
Key takeaways: 5:40 Market is a voting machine in the short run and weighing machine in the long run 12:05 Graham: invest in cheap and disliked stocks while Munger focus on monopolies in market
As someone with reading problems and difficulties focusing, I love the fact that you condense these books into something that helps me learn things despite my difficulties
Indeed, it is definitely an exception. But it's one of few, and it took the longest of time before he went astray and did it. I bet Buffett wouldn't be in Apple currently hadn't his portfolio been so large 😊
The fact is Apple is no longer reliant on technology advancements at the core of their business. They're at the point which it doesn't matter which phone has a higher quality camera, increased power in cpu etc. people by Apple based on the branding and recognition. You see memes of people making fun of Android users, people upgrading their iPhone the day or week it comes out, the ecosystem that Apple products have with taking away aux, changing the charging port, general compatibility between Apple products gives it a massive moat which protects it from competition. If you have a full Apple household, it would be a pain to change everything to another brand. That's why Berkshire invested in Apple, they can essentially re-release phone's with little difference and people will pay $1000 for it. He recognises the brand power over the technology aspect which can be seen through customer retention rates.
I know most people praise Buffett for his investing, yada yada yada, but after reading the book I have come to a couple conclusions. First, I honestly think the man has Aspergers. I don't say this to be mean (my daughter has it), and his extreme ability to fixate on stocks and companies at the expense of literally everything else (including his family and his lack of doing anything enjoyable at all with his money) suggests to me he may be on the spectrum. Two, there are a number of times in the book where I honestly believe he is flat out selfish. Kind of going along with my first item, his extreme fixation caused him at times to be cold and indifferent to others in his pursuit of growing his wealth simply for the sake of growing his wealth. There's a reason he and his wife haven't lived together for many years. He essentially treated her as a servant and door mat while he built his wealth. He built his wealth by using other people's money through numerous partnerships. Brilliant honestly, but that is where the majority of his money came from. Granted he had the time and the skill to grow that money. While I submit he has done fabulously, he has made some wonderful investments, had a good deal of luck, his personal life is nothing I'd never want to emulate in my life. And it begs the question, what's the point of all that money if not to enjoy it with the ones you love? I'm sure I'll be roasted for my comments, since Buffett is like an investing god and he must never be questioned by the cult which follows him. Munger generally has much more sage advice, though I don't know his life story so I can't really comment
I think this is a fair point, and something that people should take into account when striving for the same type of success as Buffett. It is 100% impossible to do without making major sacrifices. One has to decide for him/herself if it is worth it or not. For some, it is. For others, it isn't. Everyone mustn't strive to become the next Buffett to be able to reap great financial rewards from learning from his style of investing though. It's not an either/or situation. You could be 50% Buffett and still become a financial guru 😂
I agree with you at every point, I've recently watched the HBO documentary "becoming Warren Buffet" his complete devotion to his business is remarkable and I do admire him for the genius that he is, but theres no denying that he became this successful at the expense of other areas of his life, like his family (that for me is a big deal) "He was present but not there" was a line from his daughter that really got me. Resuming, I love his advice and the way he conducts his business, I just wished he hadn't neglect his family so much :(
Well there's a few things to this as well. Buffett is no doubt a genius. Most geniuses in history just cannot connect with other people on the same level. For example: Nikoli Tesla and Albert Einstein. Those two were probably more eccentric, but still you get my point. Buffett isn't completely selfish. You forget, he did donate 27billion dollars to the Bill and Melinda Gates foundation. He does realize his money will have no use for him once he's dead, so where do you think some of it's gonna go? Probably charity. Had he not donated that large sum of money, he probably would still be the world's richest man
At the end of the day, he loved what he did and he always said that's the most important thing. And all successful people have to make sacrifices. He loved what he did and people will forever remember him as the greatest investor of all time. The rest of it doesn't matter, if it didn't matter to him
You provide simple take ons to understand from the mindset of one of the greatest investor of all time, great analogies and explanations! Amazing job! Subscribed
Please read and review Phil Town's books. Rule #1, and Payback Time. These are excellent books following in the same "family" tradition as Buffett, Munger, Graham, and Dodd. Phil breaks it all down into manageable bites so it's easier to understand and apply. Thank you.
Are we forgeting the bnsf railway, and berk hath energy? Infrastructures and utilities and insurance companies are its cash cows. This is in the shadows. People only get the fashion brands like apple heinz and coke. Theres much more to it, and the boring infrastructure and utilities are the basis of berkshire, and should be the basis of any portfolio
By Fashion, you mean highly visible or fashionable? Analysing his company's portfolio, the only "fashionable" stock in it is Apple, all the rest are mundane. Who gets excited about Bank stocks? Almost a quarter of the largest holdings belong to banks. Definitely, not sexy. Coca Cola or Kraft Heinz? Coke is a steady as she goes Blue Chip dividend machine, but Kraft Heinz? Nope. When you look at his portfolio, his ability not to be a magpie that goes for shiny things is clearly apparent.
Buffett's strategy learned from Graham was to invest in good companies, at a good price and to compound growth. When you are at Buffett's level you can actually identify good value and make profits from that.
That first graph looks like he's steadily lost his mojo. So why is his 'historical average' meant to be impressive now when it's apparently been gone for a couple of decades... This is a ridiculous religion, now.
Li Ka Shing scrambled under his car for a HK$2 coin. After his chauffeur helped him find it, he was asked why he bothered as he was the richest man in Asia at the time. His response was that money can be spent but never squandered. He rewarded the chauffeur for his help by giving the guy HK$100.
Hey a new razor, Buffett's razor. 01:06 "Whenever my version is different from somebody else's , use the less flattering one." (So far I only knew Occam's , Hitchens' and Hanlon's razor.)
Hi! You said that you focus on the swedish market but I don't really understand what you ment by it. The swedish market is incredibly diverse and is extremely hard to keep track on. You surely must have a focus on example meds or banking right? Not just "swedish market"
Sleepy Toast, this is a good question. Yes, there's a diverse group of companies on the Swedish Stock Exchange, in many different types of industries. To be honest, I don't prefer any single industry specifically. As long as I understand the company I'm thinking about investing in, I regard it as part of my "circle of competence". Much like Buffett though, I act from a "via negativa" standpoint instead. While Buffett generally avoids IT and tech, I avoid banking and insurance.
@@TheSwedishInvestor Buffett does not actually avoid technology companies. The problem with the sector is that it is full of junk businesses. For every Apple, Microsoft and Amazon there is twenty pet dot coms. Over the years it was very difficult to find good quality businesses in technology sector. Many were fly by night businesses that the likes of Buffett would have seen over several decades. But that is not to say there are not good companies and that Buffett would not invest in them if they were available at the right price.
I'm trying his method of compound interest and something I've read In the richest man of Babylon of pay yourself first and 10% of gross pay goes to investing that pays you ie-real estate or business stocks
Thought it was inspirational that he began with only $1,000, until I realized that in 1940 that amount had the purchasing power of close to $17,500 today. Not that it can’t still be done, just saying... perspective is a MF.
Hahaha damn, inflation at work ... Still though, most people in western countries would probably be able to bring that money home in ~1 year if they gave it their all. So I wouldn't want to say that it takes anything away from the guy 😉
Key Takeaways; 1.) Power of compounding income 2.) Be very skeptical of new paradigms 3.) Stay within your circle of competence 4.) Use a margin of safety 5.) Invest where there's a Toll Bridge
*Watching casually a random video about Warren Buffet in english* - "Chrzaszcz" word appears- wait, there's a word I don't understand *checks up* why there's a polish word, HOLD ON A MINUTE, WHAT'S GOING ON - just a reaction from a polish language speaker.
A very nice video except the “no one would pick up a $1 except Warren Buffet” part. Asking a 90-year old billionaire to bend down, take his attention away, and pick up something when there is COVID-19 going around is definitely not the start of his next billion. He gets his next billion by sitting around doing nothing.
Love this channel. For 90% of simple folk, buy a reliable accumulating etf and invest in the good and bad times. Leave it to grow and stop listening to all the noise around you!!
Man! This video is so awkwardly inappropriate. There's something weird going on with how OP is obsessed with bringing in sex into the conversation too often.
this is glorious! ive always been trying to find out about "Runescape investing tips" for a while now and i think this might have helped, Ever heard of WinxInvest?
my m8 got amazing results with him ?its crazy. how does he work!? looks like a guy who doesnt do much but i keep getting amazed by the steady profits even when the market might seem tough
my m8 got amazing results with him? its crazy how does he work !? Looks like a guy who doesnt do much but i keep getting amazed each time at the steady profits even when the market might seem tough
While i do like the video everyone please take note that 1000s in 1941 is equivalent to about 20,000s today so don't go thinking 1000s is sufficient in most cases.
It is also problem to give any one try it big problem created when you give it four years going but payment nil when money is stock then playing when Tite the money simple escape it yshk viswanatham MscBed.
