Thank you for this lecture i could listen to both of them for hours, looking forward to new episodes with them
@JessieOpportunityCostInvesting4 жыл бұрын
Id give this guy the best conversation ever if he just wants to talk and i listen. Leaning new things every time i watch this
@donefield25914 жыл бұрын
Wow Bruce drops a lot of gems in here
@GrahamValueApp2 жыл бұрын
"I finally figured out why the teachers of corporate finance often teach a lot of stuff that’s wrong. When I had some eye trouble very early in life, I consulted a very famous eye doctor and I realized that his place of business was doing a totally obsolete cataract operation. They were still cutting with a knife with better procedures and I said why are you in the great medical school performing absolute obsolete operations. He said it’s such a wonderful operation to teach. Well that’s what happens in corporate finance, they get these formulas and it’s fine teaching experience. You are given a formula, you are presented with a problem, you apply the formula, you get a real feeling of worthwhile activity. There is only on problem, it’s all balderdash. - Charlie Munger, Berkshire Hathaway: Annual Shareholders Meeting (2018).
@tariitonyo3360 Жыл бұрын
two of the best!!
@holidayinpattaya82144 жыл бұрын
This is awesome, like it a lot
@rossferguson21234 жыл бұрын
It's a fantastic book for reading and as a reference, well done guys
@johnchew5034 жыл бұрын
Chapter 8 is a difficult chapter to put into practice.
@Oliverkor3 жыл бұрын
@@johnchew503 The appendix was very difficult to understand. Gonna have to reread it a few times to fully understand it. Still gold though.
@tishuchoudhary54264 жыл бұрын
Thanks for the Book
@36boys.11 ай бұрын
Is this book difficult to understand for beginners?
@alextchogorian24006 ай бұрын
No it's not
@juanochoa39724 жыл бұрын
But google is not a local market, nor Apple
@rhythmandacoustics4 жыл бұрын
They are specialized. Google owns the search engine market but loses to other things , which is their plan by the way to avoid being targeted as a monopoly. So is Apple, they are a phone manufacturer but to avoid being regulated they say that they make so much more stuff like earphones, stands and so on.
@gazynaz3 жыл бұрын
He doesn't mean geographically local...it can be but it can also be local product markets, local/niche customer segments etc...
@bkvenggviews82033 жыл бұрын
Congratulations
@brainskull984 жыл бұрын
Legend
@stefanknezovic883 жыл бұрын
Instalco went up over 40% since this video came out
@kurtglaser27744 жыл бұрын
I think Bruce makes value investing to complicated.. he is obviously extremely smart but I have found value investing much more simple than he views it.
@johnchew5034 жыл бұрын
I think you are correct.
@alextchogorian24006 ай бұрын
What are you taking about ? A DCF is complicated.
@marcusaurelius86864 жыл бұрын
Gorgeous
@joaodupui9503 Жыл бұрын
Very Nice, I learned a lot. Thank you Professor :) Yeah