Charlie Munger: How to Invest Small Amounts of Money

I just came across a long lost clip of Charlie Munger explaining the three things he would do to generate 50% annual returns investing small amounts of money. This clip looks like it was shot on an iPhone 4 but it is Munger at his absolute best. If you want to build real wealth, you need to see it. There is an old saying that it “takes money to make money”. This saying may be true, but the amount of money you need to get started generating high returns is not as much as many would believe, according to Munger.
Charlie Munger is the Vice President of Berkshire Hathaway and Warren Buffett’s business partner. There are three important principles you need to understand if you want to follow Munger’s advice on generating high returns on small sums of money.
The first principle is “Look in the inefficient markets”. Munger is the Vice Chairman of Berkshire Hathaway. As of the making of this video, Berkshire has a market cap approaching $800 billion. That makes Berkshire the 9th largest company in the world by market cap and the biggest non-tech, US based company in the world.
To most people, Berkshire’s massive size would seem like a huge advantage when it comes to investing, right? Well, actually, that’s not the case. Charlie and Warren have repeatedly said that Berkshire’s size is an impediment to generating high investment returns. Because Berkshire has so much money, Warren and Charlie are forced to only focus on large investment opportunities. The odds of these large investment opportunities being mispriced, or to use an investing term, inefficient, are extremely low.
*Disclaimer: Neither this video, not any content produced on this channel should ever be considered investing advice or official financial advice. All content is made for entertainment and educational purposes.

[@InvestorCenter]

Click this link to get up to 15 free stocks from moomoo U.S when you make a qualified deposit! Terms & Conditions Apply: j.moomoo.com/00mF1u

[@LClarke]

Charlie, Charlie, Charlie....you finally learned the _hard way_ that bitcoin _really is_ rat poison squared.

[@TheresaDiana12]

The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.

[@MarilynBeverly943]

Money invested is far better than money saved, when you invest it gives you the opportunity to increase your financial worth.

[@NotleyAlison]

It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

[@PatriciaMary11]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@ElijahWayne5]

I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

[@JordanJesse857]

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

[@AartFiona]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[@SaadmaanShohid]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@fameswap-dq5eo]

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

[@carlosinform]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@stephaniebeddis8069]

I'm new at this, please how can I reach her?

[@HighlightsSerieATIM]

Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Charlotte Grace Miller for I and my family

[@GkDann]

Keeping significant savings in cash feels secure, but I'm unsure if it's ideal for retirement. Planning to invest around $80,000 in stocks, as I've heard investors can profit even in tough times. Any great stock suggestions?

[@Maniakkkkkk]

A healthy portfolio needs three essentials: ETFs for diversification, cash-flow assets like dividend stocks, and leading tech stocks such as. While I can't provide personalized advice, consulting a reliable advisor is crucial for proper investment planning.

[@game46632]

True. I’ve been investing in the stock market for 11 years now, last 5 years with the help of a financial advisor. Through this period of advisory support alone, I've been fortunate enough to achieve a 10x return compared to my previous efforts as a DIY investor, summing up nearly $800k roi as of today. My best so far.

[@ApBurger3532]

Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

[@game46632]

"Kristin Amber Landis" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@ApBurger3532]

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@lawerencemiller9720]

With world markets tumbling, inflation soaring, the Fed imposing large interest-rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS.

[@checkforme234]

Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.

[@DynaRush]

@lawerencemiller9720 Invest in dividend companies. Any company that pays dividends is making money. If you invest in companies that don't pay dividends, well...

[@DynaRush]

@simonfes3770 Dividends, fruit of the Gods!

[@humanbeing5300]

There definitely is but of course it’s much harder than during a bull market. Safest thing to do is earn 5.3% risk free in a money market account. Those rates haven’t been available for decades. If you have $1mil in savings you’d make $50,000 in interest.

[@JackHudson.]

I find myself rueful for neglecting stock investments until now, yet I'm appreciative of retaining funds in the money market. With approximately $200k set to mature shortly, I'm considering delving into the stock market. What stocks would be prudent for a newcomer like me to securely nurture my finances?

[@Emmahernandez.]

The present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.

[@JenniferDavis7630]

Undeniably factual. Despite my absence of prior investing acumen, I ventured into investments pre-pandemic and managed to amass a profit of about $450k within that year. Essentially, I solely relied on professional counsel.

[@Jamesrogues60]

Please who is this consultant ?

[@JenniferDavis7630]

Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.

[@CarterHall-re5fu]

I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.

[@eliseduffyfxx]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

[@MiaDavis001]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@KevinEvans-mq4ob]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@MiaDavis001]

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@JanAlston-kd6yl]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@Supremeky333]

The best way is to start. Do what was said in the video. Find a business u like get to know it’s financials to understand it. Then buy it. We can’t time the market. Learn supply and demand that will get u started

[@JosephReynolds522]

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios this 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

[@WilliamHarwoodx]

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

[@ElizabethGalvin1]

Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.

[@JohnMoore1641]

@@ElizabethGalvin1 Do yo mind if I ask you recommend this particular coach you use their service? I have trouble knowing when to buy or sell.

[@ElizabethGalvin1]

Sure. There are a lot of independent advisors you might look into. But I only work with “ Laura Marie Ray ‘ and we have been working together for nearly four years. She has since provided entry and exit points on the securities I concentrate on. She's well-grounded and known, shouldn't be a hassle finding her page.

[@Adukwulukman859]

@@ElizabethGalvin1 I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

[@DanielPanuzi]

Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.

[@Angelavaldess]

@@Higuannn I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Also speaking with an advsior can help with pointers. I've been in contact with one I reached through commentaries here, she has been really helpful.

[@Angelavaldess]

@@Jaymilnere Sure, Alicia Estela Cabouli is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment.

[@jacobeakin9944]

70/20/10 rule 70% goes to your expenses and bills, 20% goes to investing, 10% for your entertainment.

[@Aurierserge50]

@@jacobeakin9944 This works for you?

[@Aurierserge50]

hmmm

[@Brennanoliver775]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.

[@MorganGarner-bk]

For the average citizen, the tactics are rather demanding. In actuality, most of them are effectively completed by experts who possess the necessary knowledge and skill set to carry out such occupations.

[@LenaSchweizer-ff8xy]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.

[@LenaSchweizer-ff8xy]

@@JasmineMarsh-ch8hw I work with Alicia Ann Jordan, a licensed fiduciary. Simply look up the name. The information you need to work with a letter to schedule an appointment would be included.

[@LenaSchweizer-ff8xy]

One of the fiduciaries I deal with is Alicia Ann Jordan. Just check the name. There would be a letter with the necessary information to set up an appointment.

[@redwarf8118]

ok bot

[@lawrencedyke]

Well, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered and I don't know where to go here out of devastation.

[@WillieNickell]

Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.

[@mikey43221]

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.

[@tmer831]

That is very remarkable! This advisors experience would be very helpful to me with my shrinking portfolio. Who is the expert assisting you?

[@mikey43221]

Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@tmer831]

I find this informative, curiously explored Vivian Carol Gioia on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

[@MegatPage]

I want to invest roughly $700,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?.

[@EleanorBaker474]

It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.

[@StocksWolf752]

that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+

[@StacieBMui]

Could you kindly elaborate on the advisor's background and qualifications?

[@StocksWolf752]

The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name, She's established.

[@grego6278]

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@lilytea3]

0:25: According to Munger, you don't need as much money as you think to start generating high returns. 1:29: Munger advises finding a few opportunities and acting aggressively on them. 1:45: Munger's maternal grandfather taught him that there are only a few opportunities in life that lead to prosperity. 4:39: Warren and Charlie are forced to focus on large investment opportunities, which are less likely to be mispriced. 5:09: Small investment opportunities are often overlooked by large investors, creating potential for inefficiencies. 6:02: Using stock screeners can help identify small, potentially mispriced stocks that may be overlooked by Wall Street. 8:18: Successful investing requires waiting for the right opportunities and avoiding the wrong ones. 9:14: A concentrated portfolio focused on a few outstanding businesses can lead to higher returns. 10:04: Billionaire investor John Ariaga's fortune is primarily in real estate, emphasizing the value of specialization. Recap by Tammy AI

[@patkilkenny]

How do you do this? Get the breakdown

[@agus3111]

Thank you

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@gaurasrspublishing]

Valuable summary . Thank you.

[@fiyahriddims]

Thank you....

[@PowerRuckelshaus]

Buying a stock is easy, but buying the right stock is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for sometime now, my major challenge is not knowing the best entry and exit strategies. I would appreciate any suggestions

[@BotSniffer]

🚨🚨🚨 SCAM WARNING 🚨🚨🚨 Several KZbin channels have been plagued with automated computer programs (Bots) posting unrealistic gains with different 'advisors' (scammers) and tricking regular people into contacting them. This post appears to be one of those scam attempts..

[@danmarsh1337]

Read Mark Minervini's and William O'Neil's books. Game changer.

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@billsteil8002]

Canadian STOCK WCP AND EGY will make you money now.May 17/24 Buy it after the long weekend holiday. I just gave you a gift.

[@mesutserim1595]

Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?

[@chrisbluebird5037]

I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I nettd a whooping $280K during this dip, that made it clear there's more to the market that we avg joes don't know

[@oliviataylor4672]

I wouldn't mind speaking with the Adviser that assists you. I truly want to improve my retirement funding because I plan to retire in three years.

[@chrisbluebird5037]

I started out with an FA named Heather Lee Larioni. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my very impressive ROI.

[@BotSniffer]

🚨🚨🚨 SCAM WARNING 🚨🚨🚨 Several KZbin channels have been plagued with automated computer programs (Bots) pretending to be real people promoting different 'advisors' (scammers) and tricking regular people into contacting them. This post appears to be one of those scam attempts.

[@gaek]

My God... couldn't A.I. write you guys a better script than this? Heather Lee. L. ... it would be laughable if it weren't so sad... such a telegraphed pitch.

[@stellaadams593]

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[@patriciacarlos]

Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income...

[@brendazvandasara]

@@patriciacarlos I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.

[@gowonjake]

@@brendazvandasara That's impressive! I could really use the expertise of this advisors. how can i get to your advisor

[@brendazvandasara]

@@gowonjake Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Tenley Megan Amerson" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

[@kollykolly]

@@brendazvandasara This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.

[@Mayor1248]

Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?

[@Mayor1248]

here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.

[@maureen...]

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

[@maureen...]

Kate Floretta Face book

[@maureen...]

Google " katefxfloretta " anywhere take classes to learn to trade.

[@wendyrosee]

having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.

[@GrammyHanks]

I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of 200k portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

[@empressjane-zv4gq]

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.

[@RosesKate-dl9fp]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.

[@GrammyHanks]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@RosesKate-dl9fp]

I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary "Pamela Kay Regel" actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.

[@GrammyHanks]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly scheduling a call.

[@BullBarry-ee1fy]

According to the New York Times, the average savings of a couple reaching retirement is $110k I’m closing in on my retirement and I’m under pressure to grow my reserve of $330k, despite the fact the capital gains you can make on growth stocks far outweigh dividend yields, and even in downtrends folks still pull off 6-7figures gains in months. surely the risk is much greater, but I’d love to know how.

[@CollinJon]

so long all risks are calculated and systems are put in the place, you'd surely rake it in

[@CollinJon]

That’s pretty tight, thing is I hold good companies but profit has been stalling, I should be fixing to retire in 3years so I need all the assistance I can get, who is the pro that guides you?

[@AlinaLopez-vz9qp]

Thanks for the tip Mayelin, I merely looked her up on Google and was highly impressed by her credentials; I just booked a call session with her.

[@petejablowski2123]

Rental property bud . 330 k isn’t enough.

[@flori5548]

I remember during Covid, Oil was so incredibly cheap when people were locked at home … I walked past a gas station with a friend of mine, we looked at the prices, at each other, and immediately bought oil on our trading platforms. It sky rocketed through the roof later … too bad we had only invested 1.000€. Should’ve invested more, but this seemed like “one of the few good ideas” you have in life.

[@gabriellat.6735]

This beyond amazing. Whoever’s reading this hope you find success.

[@gabriellat.6735]

I am fortunate I made productive decisions that changed my life forever through my finance mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.

[@gabytrumbull7880]

You're really doing well for yourself, I'm forty five and my financiaI life is in a mess. Any tips would really go a long way in shaping my life.

[@gabriellat.6735]

To possibIy grow your finance, a mentor is needful to make it a reality. I engage in varieties of lnvestments with the ldeas of my mentor and so far have achieved so much already.

[@gabriellat.6735]

sear ch her full name below, if you care

[@douglaschester2097]

that’s amazing

[@tomasnozka1]

It´s not only about maximizing profit - it´s also about minimizing the risk.

[@Christine-wp2bw]

I want to be invested in the market but between work and family commitments there is simply little time. I have a portfolio of about $400K at the moment all in equities. Please let me know of you can help.

[@WestonScally7614]

I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.

[@Mckennie61751]

I agree with you. This is what I do too. I'm not cut out for financial reports and industry news, so I use a wealth manager. Profits have been very consistent.

[@Christine-wp2bw]

Could you recommend your financial advisor? I'd appreciate some assistance.

[@Mckennie61751]

“Sharon Louise Count’’ You can easily look her up, she has years of financiaI market experience.

[@Redwood4040]

I just checked her out on the web browser, She seems really proficient. I'll follow up with an email. Thanks for the lead.

[@gahshdsjdndnjd]

As an elder millennial, one of the few advantages is having lived through the Great Recession, Election and Economy Crisis. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

[@gsssbsbjdkfdmjd]

The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.

[@DeboraGruba]

That's true...I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns.

[@gajsssnsmdndn]

You're absolutely right! It just takes a good mindset and nerves of steel. I was deeply invested in 2020 with the economic crisis being bad, divorce, and me with no job, so I had to work my savings in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long-term plan for me so I invest and reinvest

[@SixtoClarke]

Exactly why I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k

[@SixtoClarke]

Mind sharing info on the adviser who assisted you? been saving for pension since age 21 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 48 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

[@patrickdaly3628]

Let's not gloss over the fact that Mr. Munger casually mentioned his great grandfather OWNED A BANK and the incredibly " small amounts" of 10k of cash to invest is well beyond most people

[@jdenino6022]

His grandfather was actually George Bailey. 😂

[@archravenineteenseventeen]

The message is still the samw

[@peeonthe3rdrail414]

@@jdenino6022 Love the reference. Best Christmas move ever.

[@gordo3582]

Are you sure he wasn't Mr. Potter? Munger said he bought farms during panics, that's what Potter did 😂

[@joestalin2375]

​@@jdenino6022 Great role model Georgie is !!!!!

[@GoranIsmov]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $400K across markets but don't know where to start.

[@TommasaCollison]

For a successful long-term strategy, refrain from attempting to time the market and incurring unnecessary taxes. Stay rooted and concentrate on the long-term perspective!

[@TazioParisi]

I have been in touch with a CFP ever since the outbreak. With an initial starting reserve of $100k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@NellieRozanski]

May I inquire about your recommendation for the specific professional whose services you utilize? I am currently facing several marketing challenges and would appreciate your guidance in this regard.

[@TazioParisi]

I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.

[@samuelnjugunakimata5576]

No market timing buy value stocks. Value stocks have low p/e, p/book value and have been paying dividends without a break for the last ten years. When interest rates go up, you may reduce your stock holding say from 100% stock to 75% stock and 25% bonds/bills.

[@OwenLugard]

Crypto user could top 1B by the end of 2023 as nations continue to adopt Bitcoin Buy the dip, and HODLfor the long term .Bitcoin Always comes back.

[@MorrisonChris]

Good point , seeing as an estimated 3-5% ( closer to 2-3% in Dec 21) of world population owns crypto. To grow to 1B in year would be amazing! However, with the current state of things , zthat growth might be low estimate the US/USD , continue to debase, etc have been and continue worsening.

[@TianaHook]

How come someone who is just starting out navigate the crypto space ? I don’t have the heart to see the bulk of my portfolio go from green to red.

[@TianaHook]

Impressive can you share more info?

[@TianaHook]

She appears to be well-educated and well-read I ran a google search on her name and came across her website; Thank You for sharing.

[@TheOneRedlight]

"If you told me you owned all the bitcoin in the world and you offered it to me for $25, I wouldn't take it," Buffett said. "Whether it goes up or down in the next year, or five or 10 years, I don't know. But the one thing I'm pretty sure of is that it doesn't produce anything" - Warren Buffet Charlie Munger on crypto: "It's ridiculous anybody would buy this 'massively stupid' stuff" These two juggernauts would never touch something that is essentially a Ponzi scheme like crypto where you hope the guy behind you will pay more for the thing you bought but it has no intrinsic value.

[@Baeza_5.0]

10k is not a small sum of money 😭 imagine how much that was back then

[@jdenino6022]

My mother bought a house in NYC in 1965 for under $30,000. It's now worth almost $1 million. It's nothing special, just a small hi-ranch with a rental apartment.

[@kittydeleo4043]

It's even worse in Australia... @@jdenino6022

[@gordongekko2781]

COUNTER POINTS: Anyone can make the claim they can make a 50% return. Actually doing it is another story. In Berkshire's most profitable periods they earned 20% annually on their investments, not 50%. (which is still extraordinary) So, I would take it with a grain of salt when he boasts that he could make 50% returns. Secondly, the average Joe will not advance if they spend YEARS waiting for the perfect pitch. It would be better to at least invest in an index fund while you keep your eyes open looking for the right opportunity. Also, I'm a bit skeptical of this notion that diversification is a bad thing. Berkshire Hathaway is actually one of the most diversified companies on the planet!! So, you should probably watch what they DO, not what they say. [Disclosure: I've been following Buffet and Munger for years. And, BRK is the 2nd largest holding in my portfolio.]

[@avocadoarmadillo7031]

There's a big difference between managing a small personal portfolio where your income and savings are larger than the whole portfolio, and a multi billion dollar fund. With the small portfolio, you can identify a few strong opportunities and pursue them aggressively, doing that with a billion or trillion dollar fund is irresponsible. Nothing wrong with diversification, but the potential rewards are lower as a result of the reduced risk. That's why Berkshire has smaller gains than the 50% boasted of here, it is heavily diversified.

[@gordongekko2781]

@@avocadoarmadillo7031 Yes, the more concentrated a portfolio, the wider the range of outcomes positive or negative. That concept is essential to my point. My criticism is that it is a bit irresponsible for a couple of the best investors in the world to encourage the average joe to ramp up that risk. I would argue that slow and steady gains are a wiser goal for the average investor who has a fulltime job (or family duties) unrelated to finance.

[@codenamehiddenmeadow]

concentration builds wealth. diversification protects it. they both have a place, you should get more diverse as you grow, which is what brk did, but they started out much more concentrated.

[@vphls]

If you make double digits on managing other people's money while driving great investing choices like buying out insurance companies instead of picking stocks and arranging preferred dividend deals for the fund's investment interest I can easily see 50% returns.

[@kevinfruhwirth8391]

Man, never thought to get personalized investment advice from gordon gekko on youtube. Thank you gordon.

[@gabriellat.6735]

This video is beyond amazing. You’ll achieve a lot doing this.

[@gabriellat.6735]

when it comes to lnvestment, it’s wrong to engage in an option cause its performance level can’t make high dividends. I ad vise to diversify into various options.

[@gabriellat.6735]

Do not lay your eggs in one basket; coupled with ideas and guides from a financiaI consuItant will generate high dividends and balance volatility.

[@gabriellat.6735]

IsabeIIe ChIoe Scott is my consuItant, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

[@rogerkeith4267]

Thanks, I found her page immediately I researched, I read through her resume and seems pretty interesting, I just reached out to her

[@gaek]

The A.I. pitch bot is strong in this one.

[@hlf_coder6272]

So the sum total of wisdom conveyed in this video appears to be to invest heavily in a good opportunity? Wow, what a genius.

[@emanda1366]

"A few is all you need, and don't be disappointed." ---Charlie Munger

[@Evelyn32423]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks, crypt0 or ETFs or do I wait for another opportunity?

[@Hazel5063]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@Scarlett34568]

Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

[@Hudson367]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@Scarlett34568]

Actually, I'm not sure if I'm allowed to mention this, but I'd recommend looking up Aileen Gertrude Tippy because she was a big deal in 2020. She manages my portfolio and serves as both my coach and my manager.

[@Hudson367]

she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

[@blessingpaul5484]

I began investing at the age of 33, primarily utilizing my hard work and dedication. Now at the age of 38, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly but rather about building wealth consistently and persistently.

[@Jessicatorres_768]

This is superb! information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor ?

[@PhilSommer2]

I understand the uncertainty of tomorrow, and I agree that starting to invest today can be challenging, especially without a clear understanding of where and how to invest. Since I've personally tried navigated the path to passive income, I'd be delighted if you can offer me some guidance based on your experiences that help you embarking on your own journey towards financial security.

[@alicebenard5713]

I never expected it, but after closely monitoring my portfolio's performance, I was astounded to see it generate a staggering $473k in just the past two quarters. This eye-opening experience has given me insight into why experienced traders can achieve remarkable returns even in lesser-known markets. Taking this leap was undoubtedly the boldest decision I have made recently.

[@KatherineAnderson-lm8bw]

That's impressive! I could really use the expertise of the advisor, my portfolio has been stagnant.... Who’s the person guiding you?

[@alicebenard5713]

I'm working with a consultant named *'Nolan Velden Brent,'* whom I discovered through a CNBC interview where he was featured. After reaching out to him, he has been providing valuable entry and exit points for the securities I focus on. If you're interested in his supervision and expertise, you can look him up online using his name. Following his trade pattern has been a rewarding experience, and I have no regrets about doing so.

[@sierrasky2491]

Warren Buffett's suggested never investing in a company that you don't know anything about. Index funds will do just fine. As a matter of fact they've done studies in index funds outperform actively managed funds every single time.

[@Cryptoinverstor_01]

Hello

[@MikeRepluk]

Exactly. He said he puts 90% of opportunities in his I don't understand Pile. So if warren doesn't feel comfortable with 90% of buisness, imagine the average person? Etfs are the way to go

[@aimusabob88]

He is totally correct. Opportunities are all around you. You just have to notice them. My wealth was mostly created by buying google stock on it's IPO day and just holding. Upgrading my home in 2010 during the housing crash where it's up 400% in 13 years. Buying an investment property not far from my house that's gone up 400% in 6 years. Using leverage on that one. And just dollar cost averaging and saving for my working career. I'm not that smart maybe a little lucky but always looking for a good investment. And I've made a ton of mistakes.

[@Richyrich531]

I would call buying Google stock on IPO day and holding it pretty darn clever sir! Well done to you.

[@MonicaHerbert989]

I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Michelle Stewart focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.

[@NicholasClones]

What impresses me most about Michelle Stewart is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.

[@BryanWilliams-ji9gn]

I have been seeing so many recommendations about Michelle Stewart, Her strategy must be good for people to talk about her. Does she work for companies as well, I might be able to get her a deal with my board here in Canada .

[@LucyNicole866]

Isn't that the same Mrs Michelle Stewart that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

[@Jerrypopmno]

I'm new at this, please how can I reach her?

[@jennisonspolly5120]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@tishadin752]

Great video!. Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early

[@Joelgarcia47]

That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals

[@tishadin752]

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working

[@Joelgarcia47]

Actually this is not the first time am hearing of katrina susan and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her

[@tishadin752]

She has a verified account on T E L E

[@tishadin752]

GRAM

[@angelcedeno8225]

Thanks for the update.

[@binnycerwini]

Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....

[@HuguesLeDiallo]

You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?

[@angelcedeno8225]

Te/e gram

[@angelcedeno8225]

@Rolandostrategy THAT IS HIS USER NAME

[@angelcedeno8225]

please make sure you write the USER NAME complete and He's verified

[@TreesOnTheBeach]

Everyone gets opportunities... IDENTIFYING that opportunity is the hard part.

[@bjkarana]

Charlie's point is this: there are a million pitches that will come your way, but in life, unlike baseball, there are no called strikes, so wait for a pitch in your sweet spot and then swing _hard._ I'm 39 now, and my pitch came in 2020 when my work became insanely busy and I was able to get unlimited overtime pay for about 6 months. Ergo, I worked about 14 hours a day for 6 months and invested the surplus into blue chip stocks that were at once in a generation (or lifetime) discounts, and ended up generating a significant stream of dividend income that would have taken about 15 years to amass otherwise. Your opportunities will be different, but arrange your life so that you can take advantage of whatever comes your way, and living below your means certainly loads the proverbial dice in your favor.

[@InvestorCenter]

This is spot on. Perfectly worded. Thanks for watching!

[@_TulipMania]

Thank you for the well thought out advice.

[@grahsam6670]

"Small sums of money" $10k-$15k"? That's a lot of people's life savings.

[@lyonellaverde3135]

This is a very practical and useful video on basic investing. Of course any would-be investor should be aware of that concept that Warren Buffett and Charlie Munger know well: margin of safety. Bigger risks with smaller companies can have bigger payouts--they can also go bust.

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@marika7782]

I think Kiyosaki said he was buying small stocks and holding them for up to 1 year, seems like a reasonable strategy

[@bgt54rfvcde32wsxzaq1]

Berkshires number one stock purchase of all time is Apple. They purchased it 25 years after it was available. Buffet and Munger are famous for saying "They don't know much about computers, that's why they never invested in them."

[@takecare4697]

Excellent strategy...the most important part was selling when everyone is Euphoric...I realized this in the last six months. Second diversity...which leads to excessive loss and no plan... Thanks

[@nicholasmartinez6043]

Charlie is basically the personification of a compound interest over time calculator

[@sp9652]

😂

[@Johnsormani]

The thing is that stocks are not really compounding. The stocks added value is due to inflation, and natural growth of the assets value. You still have the same number of stocks. The compounding effect would be there if you would sell at the top and buy the dip, so you can over time buy more of the same stock for your money

[@greyknight5823]

4:25 "biggest non-tech US company in the world" Americans never cease to deliver comedy gold 🤣

[@patkilkenny]

What’s even funnier to me is most people don’t even know who Warren Buffet or Charlie Monger are.. Just start asking most people you know.. Many people aren’t even aware of Berkshire Hathaway🤷🏼‍♂️

[@someoneelse.2252]

Beware folks... scammers are all over the comment section.

[@amaldonado8641]

That's right!!! Giving financial advisors names sound like good marketing and scams!!! ❤

[@Elimoore_jk67]

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

[@johnghatti]

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

[@fionawats1072]

It's really not easy trading this market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

[@AntonioVidgilaski]

Trading under the guidance of an expert is the best strategy for beginners.

[@reubenmezie9515]

Beginner traders sometimes make the error of trading on their own without the right guidance or knowledge, and they frequently come to regret it. You need a mentor and an expert to help you trade as a newbie.

[@JerryBush-cm4np]

​@@reubenmezie9515Any specific guild?

[@FluxNomad678]

He started as a Real Estate Lawyer. A prime position to flip or rent properties and to build up capital for investing. He was already well off except for the issues relating to a divorce.

[@DataByMaria]

I never had $1500 at once in my whole life, I still managed to earn $1000 every month for over 240 months.

[@larryronhartfield55]

I'm in the stock market and also still running with investing in diverse assets, getting dividends while still trading currency pairs ,digital currencies and grade bonds i reserve gratitude for Lisa Rosa Cavanagh my humble CFA, been a year and half of steady financial growth getting ready to hit a 7 figure portfolio.

[@katelynrenesse4798]

sounds like you got something good going for you

[@stanleyfujiwara1394]

I did read about Lisa Rosa Cavanagh on the web., quite a great resume she has

[@emilyhowe3359]

she has a pretty decent bio, I wrote her and I'm waiting on her reply.

[@greyknight5823]

These are not real people.

[@MoneyGist]

Not this person framing the question like it was a ChatGPT prompt 😂

[@manuelnunez8802]

I just subscribed and added this video. Great stuff; particularly the info on the stock screener to find those companies "flying under the radar" so to speak. Thank you. Looking forward to more.

[@hankmarks69]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

[@mikeroper353]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@jessy830]

@@PatrickLloyd- Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

[@jessy830]

I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

[@attitudyhere]

Can you recommend any stocks or cryptos I can put my money into?? I'm new to this. Any info would be most appreciated?

[@user-pg2rj7kt1h]

I've read articles of investors who mentioned Galileo FX and its consistency in making lots of money from trading.

[@zainhassan7484]

I'm thinking of investing in the crypto and stock market but taking my time to figure out how the whole thing works. Has anyone used Galileo FX for trading automatically?

[@bushrarizwan1987]

Galileo FX is also my trading robot. With an initial invested capital of £1500, it yielded returns of over £3000 within two weeks of trading. I was really impressed.

[@ToxicBeast_FF]

Following a good pattern analysis, trading with Galileo FX is much preferable considering the recent market fluctuation.

[@Lyrical_legends]

Wealth is created by proper investments. I’m an investor and I can tell how it changed my life for the better. From my experience, it gets easier with the aid of a good trading robot like Galileo FX.

[@DavidVelasquez9]

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

[@peterwilliams6361]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

[@DavidVelasquez9]

Hi , please who is the expert assisting you and how do I reach out to them?

[@peterwilliams6361]

The broker I'm in touch with is *ASHLEY AIRAGAHI . I came across her in a Bloomberg interview and got in touch with her. You can use something else. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on

[@DavidVelasquez9]

Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing

[@greyknight5823]

None of these accounts are real people.

[@didierglorieux2286]

When I see the name of your channel, I can’t help but hear Leonardo DiCaprio in the Wolf of Wall Street say the words : “Welcome to the investor center” after he practically forced a bunch of Penny Stocks to some stranger on the phone.

[@sach98]

probably the only comment here that doesn't seem like an AI bot

[@sherlockrobin597]

"The biggest non-tech US company in the world!" That might be the most American sentence I've ever heard.

[@FaithMotasi]

The majority of my holdings, valued at around $2 million, are in tech stocks, and they've shown solid performance even amid market shifts. Apple's P/E (price to earnings ratio) has surged by over 30% in the last decade. I'm intrigued-what stocks do you think will mirror Apple's growth path in the upcoming decade?

[@ragabkamel_]

Identifying a counterpart to Apple's success within the tech stock realm might pose a challenge, given its exceptional performance. Exploring beyond the tech stock domain could yield more promising prospects.

[@thewilliams-]

I've opted to discontinue heeding financial guidance from KZbinrs. Ultimately, I found myself with a collection of perplexing stocks and uncertainty regarding profit-taking. In actuality, what I truly required was expert counsel.

[@FaithMotasi]

Could you kindly share the name of the advisor aiding you in your investments? If it's convenient, would you be willing to provide guidance on how to connect with them?

[@thewilliams-]

I collaborate with a consultant by the name of "Mr. Eric T Witt". He has been instrumental in offering insights on entry and exit points for the securities I emphasize. If you're interested in guidance, you can easily find information about him on the internet.

[@FaithMotasi]

Appreciate your input. After conducting an online search, I must admit their investing background seems remarkably impressive. I'm planning to send them an email shortly to gather more information.

[@gagnepaingilly]

I started investing when I was 18, primarily through sweat equity. I just turned 26 and last month my passive income passed the $100,000 mark for the month for the first time. This is solid advice! DO IT! You don't have to get rich quick, you just have to get RICH no matter what.

[@shirleneunglesbee1423]

Understanding personal finance and invsting will likely lead to greater financiial independence. By being knowledgeable about money and invsting, people can make informed decisions about how to save, spend, and invest their money. I know of someone who made over $350k in this recession influenced market, but to my knowledge it was through a financiial adviisor.

[@glenbert1396]

Having a finanncial counselor can make a significant impact, especially in this market. St0cks are a bit shaky at the moment, but with proper analysis, you should be okay. I've heard of folks generating over $250k in a matter of weeks or months, so there is definitely wealtlh transfer going on if you know where to look. Since 2019, I've been workin with a financial advisorr, and my portfolio has risen to $1.6m. It's been a long road!

[@baileymclean8186]

Mr Glen pal, Is there any chance you could recomnnend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recomnnendation.

[@glenbert1396]

The thing is, I really don't like giving such recommendations. Conduct your due diligence. I have been working with "JILL MARIE CARROLL" for about four years now and she has had decent returns. If it is at your discretion, you can proceed.

[@baileymclean8186]

This is useful information Glen; I copied her whole name and pasted it into my brwser; her website appeared immediately, and her qualifications are excellent; thank you for sharing

[@metro1361]

What ETFs are good to use to achieve these results?

[@damondiehl5637]

VTI, VOO, VUG, SPY, QQQ are all good. Big, diverse funds. Invest on a regular basis, set up dividend reinvestment, and just let it grow.

[@aaronwright5641]

I disagree with the claim that Munger's portfolio is concentrated. Yeah, most of it is in Berkshire, but Berkshire itself is invested in dozens of different companies and ventures in industries ranging from toys to insurance. They also have holdings in a broad market S&P 500 index ETF. He may personally only have a few holdings, but he has exposure to pretty much everything.

[@rajanthomas3107]

Great video! Thank you for your efforts

[@AntBoogieWorld]

why are the bots so heavy in the comments I cant find the real comments

[@bonete8780]

😂😂😂😂

[@blakeaaron5698]

Please do a video on John Ariaga (expand on the chapter included here)

[@napoleon2564]

I usually split my investments into 3 categories and weigh them equally. Basically split the funds 1/3 into very safe things like cash, treasuries, metals, 1/3 into indexes like the s&p, and 1/3 into highly speculative things like crypto. The crypto wins tend to be massive, then get rebalanced with most of the profits getting locked into safe assets. Then when times are rough in the markets I have so much invested in things like cash and metals that I get to scoop up great deals when the speculative markets inevitably crash.

[@Cryptoinverstor_01]

Here

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@johnenglish929]

The only thing that Munger and Buffet fail to mention when they are giving advice is that they are both commercial and financial geniuses, which gives them a bit of a head start!

[@crock3877]

They don’t share the most important concepts

[@gordongekko2781]

That's one reason why I think it's a bit irresponsible of them to discourage diversification. Concentrating your capital can payoff big if you know what your doing and you get it right. But, under any other scenario it can be very dangerous. Diversification is like free insurance for investors.

[@FluxNomad678]

​@gordongekko2781 Why diversify when you own Berkshire, which is itself diversified? Anyway, Munger was already well off; he went from that to super rich. I think he also started more in real estate deals that were setup heavily in his favor. I think both him and Buffet got to a point of buying stock directly from businesses and not so much on the market and under terms set by them. They show up with a lot of money, say the can buy big, and that they basically expect to pay a lower price. Or in Buffet's case, start out getting a majority stake in a company to use their assets to benefit your interests and over rule the board.

[@gordongekko2781]

@@FluxNomad678 Right. That kind of proves my point. BRK is arguably the most diversified conglomerate on Earth. That's one reason why I'm comfortable with it currently being my 2nd largest holding. When they downplay diversification they are essentially instructing everyone to "swing for the fences". But, there is a good reason why not every player on a ball club does that. Games are won and lost with singles and doubles. Ever seen 'Money Ball'? Great film. That's how champion teams are formed in the Information Age.

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@kenankorkmaz7924]

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*

[@lettruthprevail9820]

That is a good tip - wait for a good pitch. i think there is always a good pitch though you might have found it.

[@kral_6346]

You are one of the most sophisticated and brilliant KZbinr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for *VRI TOKEN* much love from Chicago

[@Native_love]

Charlie Munger I love your humor, your attitude, your knowledge and even your glasses!

[@CharlesCharles-bb6qx]

He dead now.

[@lennard3204]

Please don’t us Broll when Charlie speaks or keep ending in the subtitles, would help a lot

[@InvestorCenter]

Thanks for the feedback! It increases viewer retention and helps the video (and Charlie Munger’s message) reach a wider audience

[@lennard3204]

@@InvestorCenter got it, hat a typo, meant editing* So also include the subtitles into the Broll, cause often it’s hard to understand Charlie 👂

[@kaxar6954]

I contributed in my company 401K plan in 2002. The portfolio accumulated 53K in 2010. I left the company in 2010 and moved overseas and stopped adding any money. I noticed recently that portfolio is now 90K. Just amazing.

[@jdenino6022]

That's good but you're supposed to double your money every 7-8 years. Check to see what you're investing in. Maybe roll it over to an IRA or something.

[@kaxar6954]

@@jdenino6022 Considering no money was added since 2010, I think that's amazing. Power of compounding and dividends. I cannot do much with it because I am not American. Once I left the company, it was rollover to an investment firm target fund. l will leave it there until I can access the funds without a heavy tax penalty.

[@johnaustin9452]

@@jdenino6022 most likely bond heavy.

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@videosbymathew]

I think that's just if you're money is in stocks and growth ones at that, right? (and assuming there's no significant drops...)@@jdenino6022

[@vincentdesapio]

So, Jack Bogle is wrong to invest in a diversified portfolio? I think not. I've been doing indexing in diversified portfolios for 30 years and been more than satisfied with the results. Most people aren't Ted Williams and are incapable of finding a stock in their "sweet spot".

[@MeltingRubberZ28]

While I'm with you and am big on investing in the index, that won't make you a Billionaire. It seems those asking these questions aren't content with a low million portfolio.

[@KamilaMajda]

"Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make huge profits every single week, I was able to build a big income stream investing with Mrs Louise O'Brien..

[@elfrenavilas.]

wow.. amazing to see others who trade with Mrs Louise O'Brien, i'm currently on my 5th trade with her and my portfolio has grown tremendously.

[@JoelConger]

I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

[@DanetteAguilar01]

As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.

[@KamilaMajda]

SHE IS ON TELE GRAM 💯

[@KamilaMajda]

She's often interacts on Telegrams, using the user-name below

[@AyseOzturk-pt9xs]

All of them are really nice picks. But the potential of project that elegantly combine blockchain and *VRI TOKEN* and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.

[@Kayzeristankk]

I drove my first car in my dad's name and later went to get a truck in mine after I paid off my first one and drove off the lot with the truck I wanted, its mostly about a good credit score and a loan portfolio helps as well...lenders like to see various forms of loans in your name to be less of a risk and yes you might have to put money down but not HALF of the car loan Your exactly right I screwed my credit as a young man now I own a detailing company and can't get anything with out the full amount of cash. I'm working on my credit to get better with *VRI TOKEN* , Love the knowledge keep it up

[@peteraaron6714]

Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in October 2023

[@chimbuzi1]

"i would have loved to watch the man speak and read the subtitles" with out the random clips" but thank you very much for the content

[@soniatrevino8620]

Thank you for sharing this. I'm a beginner and this will help a lot!

[@garymanis6305]

Mr. Munger is referring to once-in-a-lifetime opportunities to invest and earn big. I missed one about 20 years ago. I could have borrowed some capital from family to purchase a pair of unfinished high-end houses in a tropical location that were being sold for less than $90k each. The company that built/owned them had went bankrupt. They had been worth $1.5M each before a recession hit. The value of the homes recovered just two years later and nicely finished sold for $2M each. The total investment to buy and finish both houses combined would have been less than $400k at that time. Had I taken the plunge, I would have had capital to invest bigger. Worst case, I would have sold one and kept the other as a nice place to spend the winter. A similar opportunity has not come up in 20 years.

[@DamDogulas-my3oe]

Good video! Well, I'm so happy that I made the best decisions by making a good investment. Recently, I was able to acquire my third house even at my age and I believe that if things continue well, I will retire early

[@Arianna-hy5yx]

It's good! But how did you manage to achieve all this, even in the current economic context which is very bad? Please I would appreciate your help on how to proceed, I am desperate for a way to pay off my debts and achieve my goals

[@MikeMorris-pm7yk]

Bitcoin has been going up and down for a while now and it could continue to rise. The truth is that no one knows, I think it is a good time to make a purchase and also seek professional assistance

[@DamDogulas-my3oe]

Many people are struggling financially to live, keep a roof over their head and put food on the table. Anyone who fails to grow their wealth financially right now is missing out on a tremendous opportunity. Imagine I start a $2,500 financial plan and get $17,380 in profits.

[@Maidison-pu7jl]

Yes, it's true, there's a lot of talk about investing lately, but I'm new and I'm also curious about where to start. Can anyone explain to me how to invest and where to start?

[@DamDogulas-my3oe]

She is on Instagram

[@antonialuiz5900]

>>Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means, I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[@cruzantonio6016]

Investing in stocks is a good idea, a good trading system would put you through many days of success.

[@savanna983]

It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

[@arthurcaleb2143]

My positive attitude is definitely one of my strengths. I have been a restaurant server, a tutor, and a health aide in the past decade, all jobs that require plenty of energy and endurance. I can view a situation from multiple perspectives and empathize with my customers, students, and patients to understand their needs at any given time. Well I must thank Lilian for taking the time to work with me in investing in to Bitcoin. It helped me get so much that I didn’t expect. Thank you @lilianharris_entrepreneur. I recommend you 👍🏻

[@xpierogix]

I would be skeptical about this video. As a grain of salt, let's look at these two people backgrounds. I did paste in my opinion the most important bio parts from Wikipedia for this particular case. Be sure to read the entire bio to not tell me it is out of context later. Just to clarify, sure Buffet could have a talent for business, and he did apparently did earn quite a neat sum of money as a kid, but not enough to make any decent investment. Just my opinion, of course. Well, then to the quotes we go: "Munger was born in Omaha, Nebraska. As a teenager, he worked at Buffett & Son, a grocery store owned by Warren Buffett's grandfather, Ernest P. Buffett.[1] His father, Alfred Case Munger, was a lawyer.[2] His grandfather was Thomas Charles Munger, a U.S. district court judge and state representative.[3]" "Munger was previously the chairman of Wesco Financial Corporation, now a wholly-owned subsidiary of Berkshire Hathaway." "Warren Edward Buffett was born on 30 August 1930 in Omaha, Nebraska, as the second of three children and the only son of Leila (née Stahl) and Congressman Howard Buffett.[13]" "Buffett's interest in the stock market and investing dated back to his schoolboy days he spent in the customers' lounge of a regional stock brokerage near his father's own brokerage office." "In high school, he invested in a business owned by his father and bought a 40-acre farm worked by a tenant farmer." "Buffett worked from 1951 to 1954 at Buffett-Falk & Co. as an investment salesman; from 1954 to 1956 at Graham-Newman Corp. as a securities analyst; from 1956 to 1969 at Buffett Partnership, Ltd. as a general partner; and from 1970 as chairman and CEO of Berkshire Hathaway Inc." Ok, so what do we have here. They were close friends from early age. Both of them were from influential and wealthy families that could support them with enormous money funds and connections in politics, banks and stock markets. It would be naive not to think they did not use that opportunities. Now in this video at 0:35 Someone says that small sum of capital is $10 000 000. Is this something that normal person can call as small sum and actually obtain in lifetime by normal work and no connections? At 1:50 Munger says he's grandfather from mother's side did struggle but at the end was the richest man in the town and owned a bank. I have no idea if he did really struggle to obtain that wealth or not, but let's assume he did. So what small sums did his grandfather invest to make profits? Well not that small actually as he apparently bought multiple farms during market panic to sell them to Germans later as mentioned near 2:40. Who can afford to buy few farms this day's? Would someone that works in a shop, IT or other common job be able to afford to buy more than one farm? Near 5:00 probably Buffet is saying about investing $10 000-$15 000 into small businesses and calling this small sums. Money had different worth that days. You know, inflation and stuff make the toll. If someone can check how much it was worth at the time of making that video it would be great, but I guess that $10 000 at that day could be worth more or less $70 000-$100 000 today. This is why I find their explanations utterly useless, especially in current times with huge corporations owning and influencing everything, with politics included. It was not at such scale in the past. I do not accuse them of anything but in my opinion and after looking not only at theirs bio but other famous investors and successful businessman and businesswoman that supposedly got rich by hard work this is how you actually achieve financial independence and wealth: 1. Be born in rich and/or influential family 2. Use your parent support to get to a good and/or private school where other influential people kids go, befriend them and make connections. 3. Use your parent's connections or make your own connection with influential people. 4. Use your parent's enormous wealth and support to open businesses. 5. Use classified data, news and gossips obtained from influential people that you know to plan and make your investments. 6. Profit.

[@RealCarrera]

This advice is gold.

[@ApteraEV2024]

Genius, Simply Genius❤

[@lucyweilbel6681]

Nice video! It was quite a rough year for me as I lost my job as a college teacher and earning from home was so uneasy due to the economic recession. Things turned for better mid-year as I got in contact with Ms, Norman Davina, I opened up about challenges I was facing here in Norway. During my time working with her, I was able generate weekly returns on my investment in the money market. We still keep in touch, such an amazing lady.

[@macbethlizzy]

At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies, stocks and more. thanks to Davina Norman for her guidance in these fields, her proficiency is outstanding

[@haleyconnor5365]

Hi there, I’m commenting from Switzerland . Interesting to know she connects with people from different parts of the world. Such an ambitious woman. I got in touch with Ms. Davis early this year. As a newbie in the market, I had little knowledge on predicting the stock market, but with Ms. Norman weekly analysis and advise profits are guaranteed! I received three times my initial deposit in a week!!

[@clipnathannature]

I want to be financially free , I currently work 2 9-5 jobs and I’m struggling to pay bills along with my moms medical bills. I heard about forex a little while ago and was really interested and wanted to get into for the longest but I never had someone who could help. Can I get her contact? I need her assistance

[@clipnathannature]

How can I reach Davina does she have a telegram page??

[@lucyweilbel6681]

Yes, she does and is very accessible with the username..........

[@philochristos]

Just fine one amazing stock, and YOLO on it. That's shear elegance in its simplicity.

[@jillybe1873]

I just looked back and I invested £800 first. I knew nothing at all about it. I added bits as I had spare.

[@gomezanderson1723]

Impressive video, I've been making passive income monthly from crypto for over a year tho' I prefer trading with the help of a professional broker Nora Hendrix because she saves me time and reduces the risk of losing funds in trading as we all know how volatile the market is.

[@calebsarah9985]

Am trading with expert Nora Hendrix too, a regulated broker, Met her sometime early last year at a start up funding event. She has some interesting things to say about the state of algorithmic trading today. Obviously I'm seeing the results.

[@jerryflecther17]

Expert Mrs Nora is legit and her success story is top her notch in many KZbin channel, i just withdraw my profit past two days before now, glad i did invest with and still reinvested and the trade is ongoing.

[@jameswashington5774]

Trading with an Expert like Mrs Nora is the key to successful trading, Bitcoin is the future investing in it will be the wisest thing one could do.

[@jameslenonmiranda5173]

@@jerryflecther17Please how can i contact her?

[@leoryruth903]

I invest with Mrs Nora too, she charges a 20% commission on profit made after every trading session and that's fair compared to the effort she puts in to make huge profits.

[@InvestorCenter]

Charlie Munger: Why your first $100,000 will change your life kzbin.info/www/bejne/hJiqdYGObKuobJI

[@ericwood3709]

Your use of stock footage is very cringe.

[@Karenlisa1]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

[@ericwood3709]

@@Karenlisa1 You're a scammer.

[@johnmay9699]

How big is the other nontech company Aramco?

[@DiCaprioHuges-rq4co]

Great video. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

[@LeonardoCarlos-bc9tk]

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Rob Lothian, he is my current trader and his strategies are working

[@SashaRae-vm8mm]

I'm amazed you mentioned Rob Lothian, he is the best and his strategies works like magic. I've been making over 80% of my investment weekly since I started investing with his trading service

[@MelvinSean-pm6hv]

I'm amazed you mentioned Rob Lothian he is the best and his strategies works like magic. I've been making over 80% of my investment weekly since I started investing with his trading service

[@ibrahimbarakat5872]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Maria Reyes.

[@colleenballinger5919]

I invest with Maria Reyes too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

[@elizabethkarvelas308]

this is not the first time i am hearing of Maria Reyes and her exploits in the trading world but i have no idea how to reach her.

[@lucascruikshank9605]

As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.

[@roberthansen404]

With the consistent weekly profits I'm getting investing with Maria Reyes, there's no doubt she is the most reliable in the market. such a genius

[@ibrahimbarakat5872]

She often interacts on Telegrams, using the user name written below

[@stevenmark-eh5ne]

I started investing in the stock market because of dividends. What matters, in my opinion, It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today.

[@marcusjim-yi3re]

It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. When your portfolio turns from green to red, it might be unsettling, but if you have invested in great companies, you should just keep adding to them and stick with your plan.

[@rolandrey-yy1vf]

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.1 million dollars working with an investment coach for more than two years.

[@rolandrey-yy1vf]

There are many financial coaches who excel in their profession, but for the time being, I employ Olivia Lyla Kennedy because I adore her methods. You can make research and find out more.

[@lucustyson-rk8cb]

I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.

[@recepsen4917]

I still think *VRI TOKEN* has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!

[@danielchin5920]

I find it interesting that you mention Munger's family's fortune is in 3 investments - Berkshire, Costco, and then quickly mention Li Lu and then dive into John Arriaga did this and John Ariaga did that; and not giving Li Lu any coverage or credit. Remember, Munger didn't give any of his fortune to John Ariaga. Legendary investor Munger gave some of his family fortune to a man named Li Lu!

[@AcaradaRiquezaHUB]

I can say now is my life has changed since meeting John Desmond Heppolette . He has helped me become debt-free and save for retirement." I made over six figures during this dip, which made it clear there's more to the market than we average joes know. Having an investment adviser is currently the best course of action, especially for those who are close to making losses..

[@marksaylor3123]

Investing is easy when you're in the club and get the inside information. Make no mistake, all of the markets are rigged against you.