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....
@MaeveAthena21 сағат бұрын
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@VioletJessica-21 сағат бұрын
@@MaeveAthena That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@MaeveAthena21 сағат бұрын
@@VioletJessica- My advisor is VICTORIA CARMEN SANTAELLA
@MaeveAthena21 сағат бұрын
You can look her up online
@ElijahReuben-21 сағат бұрын
@@MaeveAthena The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
@Danielchirs4 күн бұрын
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
@doran-f6w4 күн бұрын
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@Bismarksolomon4 күн бұрын
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
@shirelylinero4 күн бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@Bismarksolomon4 күн бұрын
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
@shirelylinero4 күн бұрын
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@tomchoi707415 күн бұрын
But in theroy, everything else inflated as well, so your cost of living multiplied as well.
@OcularOracle20 күн бұрын
Appreciate the upload. I tried reaching out on Twitter, I couldn't message you so I left a "Reply" regarding this lecture/speech. Thank you for all that you do. Cheers
@crazycool112822 күн бұрын
I have a little bit of BABA and honestly don't know what to think of it. It's not the price, but the nature of the business. Right now, it looks like its market can be easily breached by any competitor, and whatever success the company had is now in the past as they try to "restructure". On the other hand, how could Charlie Munger misjudge a company's moat, given that he's one of the OG investors who stresses the importance of moats?
@john_nyman23 күн бұрын
Thank you so much for sharing this film!
@crazycool112824 күн бұрын
There's no update on Himalaya capital since 2021...
@vishnuvardhan594025 күн бұрын
How do you buy in turkey? Is there any platform broker allowing to invest in turkey
@robbiesands16625 күн бұрын
watching this three years later, very helpful information looking at GrafTech now.
@ClearGlassStudios28127 күн бұрын
Whoa
@PonderDuke28 күн бұрын
It's a great book. A lot of knowledge and experience of great minds with good personalities in one book.
@daxter224Ай бұрын
Great vid. Do you suggest using most recent EV and Operating Income or last 4 quarters/TTM?
@sidewaysrain7609Ай бұрын
Ridiculous..... your explanation. The seller doesn't care where the cash comes from, as long as you close the deal with cash and carry.
@user-pp8ly2wn6tАй бұрын
It is a great video thanks for the great information and well delivered. This is exactly what I was looking for.
@extramild1Ай бұрын
Hey Brad, hope you are good. I look forward to your vids, keep well.
@user-gz5mp6sw6bАй бұрын
Inflation is just a number it always going up adaptability and adjust on it ... Don't put a reason to worry about... Mindset..
@chesterholland5017Ай бұрын
To me I see the government inflation rate for the year as an average over 12 months but in reality inflation compounds monthly so it appears to be 5% higher. Getting rich with inflation or canceling debt with inflation is completely wrong in my mind and here is why. You can’t print your way out of debt and The cost of the house didn’t go up the value of the dollar went down so it gives a person a since of making money because the house might have cost 100k when you bought it and might sell for 200k but what has happen is your dollar lost 50%. Every generation is working much harder for longer for a reason and that is because our money is worth less every year and it’s just a matter of time before the dollar looses the reserve currency statues. We are all screwed if that happens.
@rationalron5511Ай бұрын
The most accurate stat on inflation is the M2 money supply growth rate over time. In general, if you market weight each country's currency the average M2 growth rate is 14% per year since 1960 (between relatively stable US currency and hyperinflating currencies like Venezuela). 6-7% per year inflation in U.S. is fair estimate and certainly higher than the governments quoted 2% that they always target. Fiat money is a giant ice cube....with value dripping off it...😐 Great podcast episode below detailing this: www.theinvestorspodcast.com/bitcoin-fundamentals/how-fiat-works-saifedean-ammous/
@user-ll9qk2el4dАй бұрын
Another investment channel did a back test to determine the performance of stocks (several hundred) after several insiders bought shares. The data showed that the stock price actually went down within the next 12 months. It was a surprising finding.
@danielmurray2218Ай бұрын
Thoughts today?
@vidya014Ай бұрын
The greatest competence skills to be acquired in stock market are : Operation Efficiency Evaluation and Intrinsic Value Valuation.
@bayazidhamzaАй бұрын
But they are super expensive
@daxter224Ай бұрын
You rarely see a bad backtest
@HendersonKing-gx3jyАй бұрын
What a pity that they failed to make it. However it's an inspiring movement by students
@DBrianAshby2 ай бұрын
We know producing videos are a lot of work. I noticed you haven't posted on X in a while either. Hope everything is ok.
@scottlurken96672 ай бұрын
Hello, wake up to the post QE error of high interest rates. When your interest rates out pace, the rate of inflation, then this formula simply will not work. The days of near zero interest rates are over. They will be printing money again, which will ensure these rates remain high.
@chrissssjohnson2 ай бұрын
Inflation is the rate of the monetary supply expansion that’s where he got the 5% from
@jumbojet82 ай бұрын
Thank you to Li Lu and all of the anti-Communist legal immigrants that are ringing the bell as to the danger within America today. Americans should listen and learn from their experiences, lest we repeat them!
@The-E-Dude2 ай бұрын
Trying the same approach. Avoiding rehearsing. Hit 190. Took 10 years to reach that. Doing what interests me. Experiencing slow steady growth.
@tasdeepsingh65222 ай бұрын
I used insider ownership to invest in REITS & BDC. Those business grew around 25% a year for last 3 years. The stocks are not up that much but I know it will grow eventually
@bawwapark2 ай бұрын
Jackal of the Silicon Valley
@shukrankaakal27312 ай бұрын
video becomes really shitty when you always stare at your notes. Do you really know the shit your saying...
@stevemolina5052 ай бұрын
So down to the real questions , Can you buy a house with a suitcase full of money if necessary?
@gmo7092 ай бұрын
Yes, but in a way, when we talk ab margin of safety... that can be partly based on..estimations of free cash flow to back into fair value using DCF...or events in the future.. so, that can be part speculation. No one knows the future or what can throw a wrench into things. Also, everyone comes up with different margins of saftey..esp the pros. As a whole, the stock mkt is volatility in an...upward direction...and time in the market beats timing the market most of the time. Investing in individual stocks takes work but it is so much fun...and addictive
@pedrogonzales61172 ай бұрын
Gives more added perspective on this leading investor & thinker.
@sarajohn68552 ай бұрын
What taste? He looks like a normal guy with the out plastic surgery or fillers? He doesn’t care about your superficial taste. He is happy with himself.
@MikeEnergy_2 ай бұрын
G
@pmexplore2 ай бұрын
6 years later. Everyone believes this.
@romanholik58982 ай бұрын
80% down now?
@_.-c2 ай бұрын
he looks like a cartoon ; what sthe use of all that money if u lack taste.
@chriss43652 ай бұрын
You only benefit if you borrow the money before inflation hits.
@aaronbrent-fulps24952 ай бұрын
You need to look more into the CPI, the basket of goods, and how it has changed over time. The way that they have measured inflation has changed over the last 50 years.
@DrEMichaelJones2 ай бұрын
Yeah, I bought my house during Covid, locked in a 2.875% mortgage, and it's now valued at 50% more than I paid.
@Electrocutioner-12 ай бұрын
Me as well.
@yanivkovler40563 ай бұрын
Charlie Munger R.I.P was human race equivalent to Master Yoda
@Tendomcgoobin3 ай бұрын
Thanks Bald. Great video.
@ujjwaltripathi11783 ай бұрын
I’d love an update on srg
@Lanark833 ай бұрын
See little reason given your current holdings why you would not have a small counterbalance allocation to btc (barbell position) for the asymmetric benefits. Buy and hold forever.
@SFreedberg13 ай бұрын
You're one of several investment channels that i enjoyed following. Seems like many of them, including yourself, stopped creating content. Perhaps it is related to the pandemic. Hope whatever path you have chosen is going well for you.