Find a great business, value it conservatively, and let time work its magic. Buffett is really good at what e is doing.
@huplim3 жыл бұрын
His advice is simple and stands the test of time
@harris9987 ай бұрын
@admin, do you have a link to the full video?
@shabeernaha Жыл бұрын
His advice would last as gem until the end of the world❤🎉🎉
@BluEN11112 жыл бұрын
Where is the full video on this speech ? Thanks!
@bogardan666 Жыл бұрын
Did you find out what year this lecture is from? I’d really like to know myself. I’m guessing somewhere in the 1990’s!
@MultiLex1019 ай бұрын
this is his most valuable lecture by far ive been looking for it in full for years, but it has been scrubed and if you try and upload it in full it gets taken down asap
@ronrimkus82956 ай бұрын
Did you ever find the full video?
@MultiLex1016 ай бұрын
@@ronrimkus8295 Yea any update by anyone?
@rushikantmori9424 Жыл бұрын
Can you tell me how can I watch full video???
@ronrimkus82956 ай бұрын
Did you ever find the full video?
@Marilyn-p4q2 ай бұрын
That is a very good question. Give me a clue or hint. Thank you.
@JamesToler3 жыл бұрын
Beautiful
@james-sk1si9 ай бұрын
Valuable lesson
@pneron20322 жыл бұрын
So.... how do you value a business?
@dairysmoreta6108 Жыл бұрын
The video boils down to searching for companies with durable competitive advantages. Brand recognition, product quality, pricing power. Lastly using the cash flow discount method which if you Google it you'll be able to copy and paste and input the numbers to get an estimated intrinsic value. Then you compare the analysis of the company with what it's competitors are doing and that's how you decide.
@vidya01410 ай бұрын
DCF is unreliable. Once you expand the business with capex, the DCF crashes.
@aishaibrahimabbas58679 ай бұрын
Thank you
@sakarikaristo49768 ай бұрын
Calculate the dividend yield plus net worth growth. Hopefully it’s sustainable. You compare securities with different returns like this, say you find one that has 25% returns on capital and it pays out half of its earnings and is selling for 25 times earnings. Easy to calculate: 2% dividend yield + 12,5% growth term, for a total of 14,5% yield. Your returns can be as much as +-5% off, so you apply a margin of safety. You want something where in the worst case scenario, your returns are sufficient. Worry about the downside, that takes care of the upside.
@vidya0148 ай бұрын
@@sakarikaristo4976 wrong
@jakelamotta79048 ай бұрын
Man. When he said he bought his first stocks in the 40‘s K didn’t know we had recordings from that time. He hasn’t changed much since then
@madmantrader2 жыл бұрын
He beats around the bush a lot lol
@astropgn2 ай бұрын
If he was right, no new companies would be able to compete because everyone should only invest in those who are already validated.
@henryzhao46227 ай бұрын
Basically don’t overthink it. Use common sense. Stick to the fundamentals
@ronrimkus82956 ай бұрын
Can I ask a question? Were you more interested in catching a glimpse of Buffett or really trying to understand how to emulate him?
@henryzhao46226 ай бұрын
@@ronrimkus8295 definitely the latter. Based on what I see him say; the key rule is big picture
@Chrisnojoke2 жыл бұрын
Steph Curry watching this 😔😔
@vidya0148 ай бұрын
Discounted cash flow is impossible to forecast as the future growth is keeping changing.
@pratyushsaboo94718 ай бұрын
that is why you need a margin of safety and try finding normalized earnings
@ronrimkus82956 ай бұрын
Why do you think that? When a company grows faster than you expect, then it also invests more. Likewise, when it grows slower than you expect, it invests less.
@dialloventures25373 жыл бұрын
Cool
@brentsrx73 ай бұрын
Warren has been an affable old man since before color television apparently.
@ericb7937 Жыл бұрын
So in 1990 tv was black and white?
@carwoman43 Жыл бұрын
Thank you, unless he was talking about Arnold winning Mr Olympia, with he was not.
@cartomancycarmen7 ай бұрын
I’m not a basketball coach but I definitely use the same checklist for dating 😩
@arjunreddy2264 ай бұрын
So I am out 😅😂
@JR-Canada2 жыл бұрын
He didn't really answer the question did he?
@musicjunk8266 Жыл бұрын
maybe you didn't really listen
@phyzix_phyzix Жыл бұрын
No, you're right. He only hinted at the discounted cash formula.
@musicjunk8266 Жыл бұрын
@@phyzix_phyzix you guys really think it takes under 5 minutes to describe his valuation process huh. lmfao...
@phyzix_phyzix Жыл бұрын
@@musicjunk8266 Why even make the video then? There are plenty of videos on KZbin that describe the process in detail.
@musicjunk8266 Жыл бұрын
@@phyzix_phyzix wrong again buddy. kzbin.info/www/bejne/d5S9ZHybqNeSldU
@moismailx8 ай бұрын
This looks like it’s from the 50s, but he’s referring to Elements now, like Walmart and Schwarzenegger
@minshum3 ай бұрын
It was the 90's. Schwaznegger became governer of California. Ignore the black & whiye b@llox.
@chuck197 Жыл бұрын
So Coca Cola Yes?
@SergioGonzalez-mh3wd Жыл бұрын
Bro said a lot of things and nothing at the same time💀💀
@christophermckimie75510 ай бұрын
He said plenty it seems you may not of understood it. Yes he was at the beginning but he was saying it to communicate his thought process when looking for businesses to invest in
@pajatt78362 ай бұрын
did he not go wrong there? everything is done on computers now
@haofu16732 ай бұрын
Nope, look at the returns of his company then compare to nasdaq index and then tell me he is wrong
@steamynoodle20105 ай бұрын
Basketball....chewimg gum.... Biden?
@mikefamily964710 ай бұрын
If you pay close attention to his talk, this guy makes no sense.
@james-sk1si9 ай бұрын
I think you didn’t pay close attention to- hear one more time
@ronrimkus82956 ай бұрын
I think Buffett's folksy charm is disarming. There is a whole lot more going on in his mind than he expresses. He is way more sophisticated than just buying and holding See's candies.
@mikefamily96476 ай бұрын
@@james-sk1si I did it again, and this guy has two brains. Still makes no sense
@Weave.seen.this.b46 ай бұрын
@@mikefamily9647what didnt you understand? I've used his knowledge for 20 years. He can't tell you what to buy, only someone that loves you, or w bad intentions or stupid would. You have a job, you see things, do you know your business? Thats the key! Buy what you know. Maybe, the competitor of a supplier in your field is better...... go ahead ask away. Being interested in this field is difficult because it isnt tue NFL but you can make NFL wages.
@JamieNoonan-og3rk11 ай бұрын
Where is the full video on this speech ? Thanks!
@henryzhao46227 ай бұрын
Basically don’t overthink it. Use common sense. Stick to the fundamentals