💰Click here for the FREE 23 page Peter Lynch Playbook: thecompoundersclub.ck.page/c74f906d92
@RichPlusHappy4 жыл бұрын
What I like the most about Peter Lynch is his consistency... Dude is 70 years old for the last 40 years.
@InvestorCenter4 жыл бұрын
Consistency is very important in investing haha
@RichPlusHappy4 жыл бұрын
@@InvestorCenter 😂
@fne11984 жыл бұрын
The hobgoblin of investors.
@sofanova65424 жыл бұрын
Ain't that the real deal bruh 🤣🤣
@AFibsTables4 жыл бұрын
hahaha
@CalebMartin2U8 күн бұрын
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
@HildaBennet8 күн бұрын
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
@DaliaCohen22308 күн бұрын
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
@bartlyAD8 күн бұрын
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
@DaliaCohen22308 күн бұрын
DIANA CASTEE LYNCH is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@bartlyAD8 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an emaiil. I hope she gets back to me soon.
@paulxavier3314 жыл бұрын
I'm seriously considering buying this CD-ROM.
@InvestorCenter4 жыл бұрын
I wonder if it’s available online
@andio3104 жыл бұрын
What’s a cd-rom?
@paulxavier3314 жыл бұрын
@@andio310 I believe it stands for "Read-Only Memory" meaning that the disc is only intended to be read, not able to store any new information. It's a term not really used for commercial products much anymore.
@martin.B7774 жыл бұрын
You mean the VHS tape?😜
@janshuster14264 жыл бұрын
@@martin.B777 No a CD Like if you buy a music or movie CD VHS is tape.
@markcrouch9047 Жыл бұрын
Im amazed Charlie interviews people for a living. Incredible.
@xen.714024 күн бұрын
I feel like he doesn't understand anything
@Twotter544 жыл бұрын
Peter Lynch is one of the coolest investors and knows how to explain. He is up there with Warren Buffett.
@InvestorCenter4 жыл бұрын
I completely agree. Have you read his books or watched the other videos of him on my channel?
@Twotter544 жыл бұрын
@@InvestorCenter no i think i will buy his book. Which would you recommend? I already read Ben Graham's book
@InvestorCenter4 жыл бұрын
I recommend his book One Up On Wall Street. One of my favorite investing books. Link below. amzn.to/2JaNjTD
@edwin42424 жыл бұрын
@@Twotter54 Beating the Street is also a good book with case studies where Peter talks about companies he's bought in the past and the reasons why he did
@kirilmihaylov19344 жыл бұрын
@@edwin4242 what matters most is what kind of investment you are doing...long term ,short term,value investing and so on....
@NameLastname8884 жыл бұрын
"Stock prices ought to be dictated by earnings" 2020: "Hold my beer"
@InvestorCenter4 жыл бұрын
😂😂😂
@MrC0MPUT3R4 жыл бұрын
Tesla: Hold my carbon offsets
@leonardfox4814 жыл бұрын
😂😂😂😂😂😂😂😂😂😂😂😂😂
@WeLoveValue4 жыл бұрын
In the short run things can be wild but in the long run the prices will always come back to reality
@bigno19004 жыл бұрын
@@WeLoveValue Yup, throughout history this is the gospel truth
@Shaolinof36thChamber4 жыл бұрын
When a legend like Peter Lynch is speaking, you better shut your trap and show this person some respect.
@guvencolak3503 ай бұрын
I agreed
@guitargod69973 жыл бұрын
I recall as a college kid reading about some fellow who dropped out to start a computer company. Name was Dell. Apple and Microsoft were the new thing once upon a time. Watched that boat sail off. Got to keep your eyes open and have a few dollars to invest. Peter Lynch is a smart man.
@Daaannn-g6k2 ай бұрын
After facing significant challenges, I learned two crucial lessons about the stock market: it played a major role in the Great Depression, and the quickest way to make a million in the market is to start with two million. The Great Recession only reinforced these insights. In hindsight, I wish someone had guided me earlier. A well-defined entry and exit strategy is essential for success in the stock market.
@CarddtReddt2 ай бұрын
There are certainly ways to achieve high yields during a downturn, but these moves are best executed under the guidance of a financial advisor.
@Toni__Michelle2 ай бұрын
Exactly, many investors are overly focused on potential profits, forgetting that the market has both ups and downs. Securing your financial future requires patience and a strong understanding of market trends to identify the right stocks for investment. For instance, I made over $260k in profits during Q4 of 2021. The key to profitable investing is truly understanding market behavior.
@HotManP-l5g2 ай бұрын
I appreciate your comment; I’ve been trading stocks for some time, but I haven’t seen significant gains. How do you achieve such results?
@Toni__Michelle2 ай бұрын
@@HotManP-l5g Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
@DanöVee2 ай бұрын
Thank you for sharing! Rebecca Lynne Buie seems quite knowledgeable. I found her webpage and reviewed her resume, which was quite impressive. I’ve already reached out and scheduled a call.
@korylehman794 жыл бұрын
When he is talking about derivatives, I respect how confidently he says he doesn’t know
@InvestorCenter4 жыл бұрын
I have noticed a lot of successful investors are quick to admit when they are out of their circle of competence
@dantheman15344 жыл бұрын
same with buffet. only buys what he can understand. thats why he's limited on tech stocks. only bought apple when he notices lots of kids with them at dairy queens. two of the greatest kept it simple.
@lisaann58952 жыл бұрын
@@dantheman1534 Warren Buffett understands technology. When he said "He doesn't understand it" he meant what its earning potential going to be in the future. But he does understand the inner workings of a technology company.
@mikemcardle74663 жыл бұрын
Charlie Rose is the utmost, best interrupter of all the interviewers, everywhere on the planet earth...he's incapable of listening to anyone's voice except his own.
@Chadhogan1113 ай бұрын
He's the worst interviewer of all time. Good guests though
@WasabiJohn2 ай бұрын
@@Chadhogan111Peter Lynch is brilliant...
@דניאלגליק-ו4ס4 жыл бұрын
Feels like all of us can agree on two things: 1)Everything he says still worth gold even today. 2)that interviewer needs to shut the hell up
@InvestorCenter4 жыл бұрын
100%
@md.mahbubuzzaman77244 жыл бұрын
Agreed. I don't see why he's hogging time when his contribution is relatively close to uselss.
@xxrngxx54 жыл бұрын
Felt bad for Peter you can tell he was getting kind of frustrated
@souslesbombes4 жыл бұрын
I don't agree on 2. So your feeling is incorrect.
@mrkcur4 жыл бұрын
Nah, Charle Rose was a generally good with letting his guests speak.
@bla-ig4bd4 жыл бұрын
watching this in 2020/1 is crazy... This was recorded at at time when recessions mattered, fundamentals mattered. Not a single mention of the Federal Reserve. In Today's market (Jan 2 2021) markets have gone parabolic and everyone is expecting them to go higher because of no other reason than the Fed. We have lost our way in the USA
@dantae6664 жыл бұрын
I just go with it. I check to make sure the company is not.going broke and is making a profit then buy or not based on technicals
@iulianbaziru4 жыл бұрын
sink or swim
@roslolian114 жыл бұрын
Yoi are right but I guess its fine as long as you withdraw before it crashes again
@DesroQc2 ай бұрын
Now we're in 2024 and we mass invest in companies with over 100 p/e ratio, because f*ck valuation 😂
@kaydens6964Ай бұрын
@@DesroQcthere is only one company among the mass invested magnificent 7 is over 100 pe.
@ghostoferlock3 жыл бұрын
When listening to Mr. Lynch, there is a huge difference in what he says. He doesn't talk about a hot company to purchase into, he explains what he looks for and why. There is a big impact on future wealth because of this. Trying to pick a hot stock and speculating will eventually loose most people money. Strategically deciding on a company is more of a buy and hold approach. Buying and holding might take some time, but it will mean dollars of growth in the future when the speculators are loosing nickels on their last bad company.
@ashleyjeffrey31837 ай бұрын
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
@charlesethan22947 ай бұрын
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving
@worfganbitterlich38257 ай бұрын
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we're the market is wanting to go and keep it simple with discipline.
@desmondtrevor1187 ай бұрын
As an Investment 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 or do I wait for another opportunity?.
@luisparker66447 ай бұрын
The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.
@christianmark32447 ай бұрын
Many people downplay the value of advice until their own emotions become unbearable. After a long-term divorce a few summers ago, I needed a big push to stay solvent with my firm. I located the most qualified advisor after searching for licenced advisors. Despite inflation, she has helped me grow my reserve from $275k to $850k.
@ForNoOne14 жыл бұрын
I admire Charlie Rose's interview style of asking a question and then immediately interrupting with another question
@markswift3 жыл бұрын
Great description of him.
@faceless24686 ай бұрын
I should watch arnab goswami of India😂
@Action_Clips_CODM6 ай бұрын
Right. In like just shut up and let the master Peter lunch speak geeze. Charlie rose thinks he’s cresting entertaining moments
@VasileSurdu6 ай бұрын
Yeah he was annoying
@parkerpkthn4 ай бұрын
Exactly
@rohit1591003 жыл бұрын
Woah.. I never knew Charlie could interrupt that much!! Great insights from Mr.Lynch as always 💯
@coachstack2 жыл бұрын
It's always good watching Peter speak after consuming too much garbage mainstream 'market news'. The man is truly a legend. Impregnable foundations.
@nguyenTYN-g9jАй бұрын
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
@Morgangreen-b1lАй бұрын
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
@Morgangreen-b1lАй бұрын
Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
@arunabhawasthi37454 жыл бұрын
So the interviewer not letting the guest speak is an age old phenomenon.
@jomslitson85944 жыл бұрын
Haha we poor Indians
@user-jo3xe5if4z3 жыл бұрын
☝️☝️☝️☝️☝️ for more guidiance
@shanenolan0857 ай бұрын
Yes!!!!! Interviewers like this are ANNOYING ASF
@moahmadi224 жыл бұрын
This is so timely now! Especially in the back drop of cheap credit, covid 19 and tech stocks with no profits or negative earnings
@InvestorCenter4 жыл бұрын
Exactly! That’s why I posted it! I’m glad people are finding it relevant
@InvestorCenter4 жыл бұрын
@@rajatchaudhary1189 I agree
@Guitargrease14 жыл бұрын
@@InvestorCenter Do you know any free or cheap sites that do all the analysis for you? Phil Town is good but looking for something cheaper
@InvestorCenter4 жыл бұрын
@@Guitargrease1 no I do all my analysis in an excel spreadsheet
@Guitargrease14 жыл бұрын
@@InvestorCenter can you share this or do a video for dummies on it and where to get the info for free? Seen other vids but explanations are difficult to understand
@aroundandround4 жыл бұрын
Charlie Rose is talking too much in this interview interrupting Lynch all the time. Lynch likes to talk, and it’s fun listening to him, so just let him talk for Pete’s sake!
@AW668884 жыл бұрын
SHUT UP CHARLIE!
@jamespeterbrannan4 жыл бұрын
Agree, one of Charlie's worst interviews, not listening or allowing the viewer to listen. Shows that even the greats have bad days.
@4nt4r4y4 жыл бұрын
Lol he was like that to everyone on his show. Not anymore!
@markwilhelm1684 жыл бұрын
I want to reach back in history and smack him!
@bingtalksofficial4 жыл бұрын
This interviewer is really annoying for interrupting Peter's speech!
@JamesOliverr7s2 ай бұрын
Investments are the roots of financial security; the deeper they grow, the stronger your future will be."
@SebastianNoah5e2 ай бұрын
The deeper your investment roots, the stronger your financial security will be in the future.
@MatthewAidan4ns2 ай бұрын
Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.
@JosephGodwill9h2 ай бұрын
I would love an introduction to an adviser who can help me strengthen my financial roots.
@MatthewAidan4ns2 ай бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
@JosephGodwill9h2 ай бұрын
Thank you for this amazing tip. I just looked the name up and wrote her.
@InvestorCenter4 жыл бұрын
Most popular Peter Lynch video of this year. How to achieve a 30% return 🔽 kzbin.info/www/bejne/kIKwcnh8gr-Va8U
@silverman57074 жыл бұрын
I couldn’t get through this with Rose butting in!
@marcmini81374 жыл бұрын
Thanks for the video brother. Great clips man appreciate it!
@InvestorCenter4 жыл бұрын
@@marcmini8137 thank you for the kind words! I enjoy putting these videos together!
@RobotMowerTricks4 жыл бұрын
There's a video series on KZbin of Peter's videos from a CD. No idea of he made multiple.
@marcmini81374 жыл бұрын
@@silverman5707 butting it? Its called a conversation for a reason. U need 2 people... wtf.
@user-ql3ws5uz1d4 жыл бұрын
The great Charlie never disappoints when it comes to interrupting guests.
@WasabiJohn2 ай бұрын
Just think if KZbin financial influencers read Lynch's books on investing and used that knowledge instead of 90% of them grifting in obvious ways... Peter Lynch is a very brilliant long-term investor! He could still outperform the best...
@haelium57183 ай бұрын
A master craftsman will share his craft, knowing he will remain the master. Such a wealth of knowledge given freely to those willing to listen.
@Annasmith-qn3sw2 жыл бұрын
Very educative…To be successful isn’t easy . What most people see are results of hard work, hustle, dedication and commitment . I hope those seeing this never gives up and keep pushing they will be successful
@haleyjohnsons76472 жыл бұрын
Was pretty much scared at first but over the years he proved himself and I am earning 25000$ on a weekly basis He trades on my behalf due to my tight schedule and he is absolutely doing great thank
@haleyjohnsons76472 жыл бұрын
I made a lot on my investments with him…. I started with a premium plan of a minimum deposit of 3000$
@chrisjones10642 жыл бұрын
It’s all been good experience and good results since haven been trading with him
@chrisjones10642 жыл бұрын
Ohh yeah am a living testimony to Mark Allen
@mattturner87132 жыл бұрын
Wow, it’s amazing to see those who trade with mark Allen… I’m on my 6th trade and my portfolio has grown tremendously and have had gotten a lot from it It has really helped me in solving my financial issues and changed my financial status for the best.. all thanks to my bestie who introduced me
@kint_sugi4 жыл бұрын
"All you need's a few good stocks a decade." - Peter Lynch
@InvestorCenter4 жыл бұрын
It is true!
@andybogdanov4 жыл бұрын
His portfolio did have over 150 stocks
@darylfoster79444 жыл бұрын
Buffett has said the same thing. If you have to own 10-20 stocks, then you don't know what you're doing.
@andybogdanov4 жыл бұрын
@@darylfoster7944 Buffett owns 50 stocks in Berkshire
@darylfoster79444 жыл бұрын
@@andybogdanov that's general advice. I doubt if Berkshire could own 3-4 stocks. They probably are forced to own more out of sheer size.
@RobCLynch4 жыл бұрын
When Peter Lynch talks, it's best to shut up and listen.
@InvestorCenter4 жыл бұрын
Definitely!!!
@robertrydlewski95384 жыл бұрын
Indeed
@dnodlehs4 жыл бұрын
Interviewers like this gentleman are the worst. They seem like hearing themselves more than the guest they invited.
@samuel087904 жыл бұрын
i would like to tell the interviewer “ shut up” i don’t wanna hear your opinion, i wanna hear what did peter said. tqvm
@evm61774 жыл бұрын
🍷 AGREED!
@ronj54074 жыл бұрын
The timing of uploading this video is so accurate. Every damn stock is overpriced right now.
@InvestorCenter4 жыл бұрын
I try to find relevant videos!
@danowen40364 жыл бұрын
Stocks are always going to look “overpriced” since apps like trading 212 and Robinhood have came in because there are now more investors in the market and therefore more money in the market. The stock goes up with more people buying that stock so because there’s more people in the market investing now it can’t be valued the same way it was 20 years ago if you get me ?
@Josh-zq7pq4 жыл бұрын
Because the exact opposite can be true. They can also all be selling.
@footymathia16064 жыл бұрын
Overpriced because of investor accessibility, coupled with Q.E and low interest rates. Large amounts of retail investors pumping stocks based on hype from Twitter. Tesla value is a joke. Fundamentals mean nothing at the moment, forget everything this video taught you. Ride the wave, go long day trade and CASH OUT regular intervals
@lorenzmuller35424 жыл бұрын
Not all.
@Daniel-b1s3s2 ай бұрын
More than a collapse in the stock or real estate markets, inflation has a direct impact on people's standard of living. It’s no surprise that current market sentiment is so negative. To navigate this economy, expert guidance is more crucial than ever. ETFs, stock markets, and the housing sector are all volatile. My $350k portfolio has taken a serious hit.
@DanöVee2 ай бұрын
However, there are still investors making solid returns during this period. You need to be well-informed or seek help from a professional.
@FrankJaaay2 ай бұрын
In my view, investing was far simpler back in the '80s; today’s environment is much trickier. Those consistently profiting in the current market are usually professionals, which is why I've been working with an advisor for the last five years to build my portfolio in preparation for retirement.
@Toni__Michelle2 ай бұрын
My partner is thinking about following a similar path. Could you provide more information on the advisor you work with?
@FrankJaaay2 ай бұрын
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
@ToreyLanez2 ай бұрын
Thank you for the recommendation. Finding her online was straightforward. I did my due diligence and scheduled a call-her credentials are impressive and she seems very knowledgeable.
@FallLineJP4 жыл бұрын
”All you need is a few good stocks a decade" => this right here.
@InvestorCenter4 жыл бұрын
That is a very important thing to remember
@thamnosma4 жыл бұрын
I just need to know which ones lol
@jonsantos60564 жыл бұрын
6:45 . Really good answer and explanation on the stock market fundamentals
@InvestorCenter4 жыл бұрын
Yes it is. That’s one of my favorite parts!
@zayakoza4 жыл бұрын
PE should be between 10-20? Meanwhile $TSLA is currently sitting at a PE of approximately 1400...
@InvestorCenter4 жыл бұрын
The market is definitely enthusiastic about Tesla
@mockingbird1874 жыл бұрын
Gotta factor in "future earnings potential." Problem is, there are MANY theories on exactly what that is with TSLA.
@fxlltxtsearch4 жыл бұрын
Price to book of 60
@219garry4 жыл бұрын
Amazon might have a pe of 20......in about 50 years
@Halvard19924 жыл бұрын
He was talking about the S&P500 though, not individual stocks.
@Willi-w1q5 ай бұрын
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.
@maba52025 ай бұрын
Book values goijg up or down…
@syedbaqir26872 ай бұрын
SCAMMMMMMM
@tiruppurbulls7 ай бұрын
I came for this title "How to Invest When Stock Prices are At All-Time Highs" and i could not get one point. Kindly someone explain what he told for this question?
@xTakiRen4 жыл бұрын
This should be summarized cuz I can’t stand the interviewer interrupting.
@InvestorCenter4 жыл бұрын
It is worth suffering through the interviewer
@shanenolan0857 ай бұрын
Yeah Charlie needed to sit back and shut up
@thirteen37rose7 ай бұрын
@@shanenolan085 I'm also struggling
@wados35796 ай бұрын
I got halfway through and can’t watch the rest he’s so annoying
@Kannada_First4 ай бұрын
@@wados3579the same here
@ga209042 ай бұрын
This interview can never get old
@papapawer40434 жыл бұрын
I'm glad I'm not the only one getting pissed off by the interviewer. He interrupts Peter a lot of times and it's so annoying.
@DCHZS3 жыл бұрын
Coked up
@hugoclarke32843 жыл бұрын
Usually I'd hate it but I kinda like it in this interview. Gives off a sense of friendship. Also forces you to listen harder and read between the lines to make sense of it.
@shanenolan0857 ай бұрын
SAME!!!! I thought it was just me, but every other comment is saying the same!
@TDubya8114 жыл бұрын
"PE ratio should be between 10 and 20" Central bankers in 2020: "not if we drop interest rates to zero and do infinite QE" shiller cape currently at 34 on the 31 Dec 2020.
@InvestorCenter4 жыл бұрын
0% interest rates definitely change things
@sergioviana844 жыл бұрын
short term, central banks can dodge fundamentals, but the bill will arrive, it ALWAYS arrives...
@tommyz01234 жыл бұрын
You need to adjust to inflation just like everything. $10 in the 90s is not the same $10 today.
@ynsam4 жыл бұрын
@@tommyz0123 its ratio he is talking about. US market is too overpriced. Brace for impact
@njpme4 жыл бұрын
Tesla's PE 1000+
@Izzobird2 ай бұрын
I sold most my positions during the dip at a loss and now stocks are ATH. How do I stay invested in the market with $300K for a long-term to help me ride out the market’s ups and downs.
@CadeCowell-ft4fe2 ай бұрын
A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor
@MalikTillman-dy2qp2 ай бұрын
After selling at a loss during the dip, I was hesitant to reinvest my $600K. My financial advisor created a long-term strategy, focusing on diversification and dollar-cost averaging. In just 18 months, my portfolio grew to $850K. Their guidance has been invaluable in helping me stay steady and think long-term through market changes.
@LindsayHoran2 ай бұрын
That's amazing! Could you share how I might get in touch with your advisor? I’d love to learn more about their approach and see if they can help me achieve similar results.
@MalikTillman-dy2qp2 ай бұрын
Of course! My advisor’s name is *Victoria Louisa Saylor* . Just search her name online-Hickman has been instrumental in helping me create a solid, long-term investment strategy.
@MalikTillman-dy2qp2 ай бұрын
Yeah, she is Victoria Louisa Saylor , look her up. Anyone is free to contact her.
@evancampbell71383 жыл бұрын
Mr Lynch seems like a really genuine and good man 😌 Many thanks for the great post, all the way from little old Tasmania, Australia 😄
@InvestorCenter3 жыл бұрын
Yes he does! And glad you could join us 😊
@evancampbell71383 жыл бұрын
@@InvestorCenter - it is my pleasure! Keep up the great work! 😄
@tenzingjigmey47914 жыл бұрын
The word of wisdom by Peter Lynch will ring true when market calms down and come down to earth. Otherwise, in this current irrational market condition, all the nugget he shared is out of the door.
@InvestorCenter4 жыл бұрын
His wisdom is timeless
@jacobcoughlin18223 жыл бұрын
It’s been a year and the market is not that different No one knows shit about the future
@kylefrost21194 жыл бұрын
Lynch was always spot on in everything he said. He mentions getting hot stock tips from someone at lunch. Now it’s getting them from someone on KZbin, and that person has enough followers that it pushes the small caps they recommend up on their own and make the person look like a genius. It’s been a joke for a while. People seriously buy stocks just bc they see them mentioned by someone. They have no clue how to actually evaluate the company and so when it starts falling back down they don’t know what to do and if it keeps going up they don’t know whether to hold or sell (bc they don’t know why they own the stock other than someone online told them to).
@user-jt3nf7in5w4 жыл бұрын
Back then - this guy doesn’t know what he talking about. Today - this guy has been a genius the whole time!
@InvestorCenter4 жыл бұрын
That’s typically how it goes 😂
@electric06184 жыл бұрын
People are stupid. They don't understand that, hence why they can't see genius.
@frankyu69844 жыл бұрын
He was right about everything.
@InvestorCenter4 жыл бұрын
Definitely!!!
@Clubrat4 жыл бұрын
The thing he says about pensions is probably going to be the biggest problem going forward. Nobody can rely on their pension and so many people barely have any other savings.... shits about to be very bad for everyone because of that.
@leifseed4 жыл бұрын
In the context of a certain time period yes
@adilmohammed38284 жыл бұрын
@@Clubrat the problem was created years/decades ago, when the rules changed the retirement plan from ‘defined benefits’ to ‘defined contributions’. That single word swap shifted the stock market risk from the pension guarantor to the pensioner. Now, everyone is pretty much on their own; scrambling to secure retirement, with limited knowledge on how to manage investment risks. Trickle down economy is the BIG lie. It’s Trickle down risk.
@shamimmir3614 жыл бұрын
How
@royscott30643 жыл бұрын
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
@victormortensen55593 жыл бұрын
I totally agree with you
@franksmart38263 жыл бұрын
I have been trading offshore. I'm yet to make my first $5000, any recommendable expert to trade with?
@bentleybraxton85313 жыл бұрын
Rather get an expert to trade with giving you the required mentorship for a successful profit outcome. piece of advice
@abigaillucas97413 жыл бұрын
But I learnt the hard way, blowing over $3,000 account side trading with no mentor or expert
@kadirkocaman30893 жыл бұрын
I am new to trading and my presumptions is that I will be needing an expert as you would lose all your capital and you drop off the market
@kevinkang44274 жыл бұрын
"Even worse they put an option" he was ahead of the times of reddit
@InvestorCenter4 жыл бұрын
😂 Peter would not be a fan of Wall Street bets
@BedroomPianist4 жыл бұрын
Man I'd love to ask him what he thinks about Wallstreetbets.
@jdj81684 ай бұрын
He was also saying "its just gamblng" 😂
@zacktube100Ай бұрын
At 2:10, the PE ratio of the S&P 500 is 31 as of today, not in the range of 10 - 20. If the inflation rate is 2.5%, 20 - 2.5 is a PE of 17.5.
@kaise9893 жыл бұрын
Ok so what should we do these days? I have an eye on couple of stocks..shud I wait for correction, or buy in a staggered manner?
@InvestorCenter3 жыл бұрын
I personally am a long term oriented investor. Meaning I understand the market may be high relative to historical measures but I’m still going to buy stock in great companies for the long term
@debbygradley253 ай бұрын
What sets top investors apart from the rest? I've got $385K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.
@donaldwayne70233 ай бұрын
The strategies are tough for the everyday person. They are mainly executed successfully by professionals who have a considerable amount of skill and knowledge to execute such trades.
@EthanBrown_233 ай бұрын
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@Angelinacortez4953 ай бұрын
You seem to know the market better than we do, so that makes great sense. Who is the guide?
@EthanBrown_233 ай бұрын
'Laurelyn Gross Pohlmeier' 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.
@donaldwayne70233 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@InvestingwithKurt4 жыл бұрын
Absolute gem, as with many other interviews!
@InvestorCenter4 жыл бұрын
He is awesome. One of my favorite investors!
@xxrngxx54 жыл бұрын
Peter Lynch brilliant mind. This interviewer however though...
@InvestorCenter4 жыл бұрын
Peter Lynch is great!
@mrkcur4 жыл бұрын
I don’t get all these people disrespecting Charlie Rose.
@dantheman15344 жыл бұрын
@@mrkcur we are here to listen to Peter; not Charlie babbling stupid questions. Peter is the expert, so let him talk. Re-view n count the times Rose interrupts Lynch. Way too many.
@mrkcur4 жыл бұрын
@@dantheman1534 I've seen this clip before, it's on other financial channels. I agree it's not Charlie's best performance, but I really liked his show, and I guess I'm annoyed at the channel author hearting comments of people disparaging Charlie (after copy/pasting his work into this channel).
@Dfm_Sushil4 жыл бұрын
Thank you so much for his video. He is fantastic.
@InvestorCenter4 жыл бұрын
Glad you enjoyed it!
@red1494 жыл бұрын
The paradigm has changed since then . Back then we had a free market . Companies went bankrupt and stock market corrected itself . Since 2008 everything has changed . When Fed injects money to stock market , it has no choice but to go higher . Companies valuation don’t matter anymore !
@mohammadnajafi77914 жыл бұрын
Something is different all the time, back then you could have a crappy website and value your company at 3000 PE and go public and bond returns were freaking 6%, read about dot com bubble. Market is not that crazy yet, most of the SP500 cap is fairy valued considering the 0 interest rate and asset inflation.
@thegreat94814 жыл бұрын
Lol no sir, the gov has always intervened.
@billybadass86904 жыл бұрын
Good job finding this interview
@InvestorCenter4 жыл бұрын
Thank you!
@velayuthman7 ай бұрын
Market highs are followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $350k portfolio or maybe even consider some defensive investments.
@greekbarrios7 ай бұрын
Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
@84gaynor7 ай бұрын
@@kansasmileTrue, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boast of a 75% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.
@84gaynor7 ай бұрын
You're right, I and a few Neighbors in Bel-Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew by close to 30% in the last quarter.
@84gaynor7 ай бұрын
Well, I chose *Jennifer Leigh Hickman* as my advisor after her interview on CNBC In 2020. She is SEC regulated with offices in the US and quite frankly a genius with portfolio diversification. You should look her up...
@doctoruttley7 ай бұрын
Good dividend paying blue chip stocks will recover eventually if there is a crash. Stay invested, reinvest dividends if you can. Buy physical assets (real estate, gold and silver) as insurance (25% of my portfolio). Stay invested and don’t get spooked into buying high and selling low. That’s my advice. Got me through the 2008 crash, and even helped increase my net worth by summer 2009. Just didn’t sell and averaged down as much as I could. 🤷🏻♂️
@vrl90374 жыл бұрын
Watching this counts as essential research when planning to invest in ARK ETFs
@milesjones89314 жыл бұрын
I’m a fan of Peter Lynch! I need to read up more on the legends like him. He had some great takeaways.
@InvestorCenter4 жыл бұрын
He’s the man!
@shamimmir3614 жыл бұрын
Huh
@cwjonesII4 жыл бұрын
His book “One Up on Wall Street” is great.
@mike_valueinv28 күн бұрын
Peter Lynch’s advice is timeless-know what you own and stay disciplined, even at market highs. His 30% annual returns with the Magellan Fund say it all! Focus on what you understand also at the market highs.
@SasaSchueller3 ай бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@YareliClarketwG3 ай бұрын
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@SasaSchueller3 ай бұрын
@@YareliClarketwG Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@YareliClarketwG3 ай бұрын
@@SasaSchueller Oh please I’d love that. Thanks!
@SasaSchueller3 ай бұрын
*MARGARET MOLLI ALVEY*
@SasaSchueller3 ай бұрын
Lookup with her name on the webpage
@chrisdel31204 жыл бұрын
"Japans Equity Market went from 15k to 40k and now they are in a 7 year recession." I have a bad feeling for the US stock market now....
@InvestorCenter4 жыл бұрын
Only time will tell...
@AlexorNah4 жыл бұрын
That’s what i’m saying! I have 9k cash i want to invest but i seriously feel like we are due for a recession. we recovered from this pandemic too quickly!
@adamconrad52144 жыл бұрын
@@AlexorNah Put some in, and use the method of dollar cost averaging :)
@dantheman15344 жыл бұрын
@@AlexorNah watch carefully, will be 10 - 15% correction soon, buy industrials, financials, n energy. When get a good return ( 20% + ) take some profit. Back half of '21 good based on reopening n nearly fully vaccinated by june. Thereafter, going back to fundamentals, interest rates rise, Biden raises taxes ---- market goes down / flat. Parties over for a while. That's my guess.
@retireby40_lalala4 жыл бұрын
Ppl comparing japanese market to us market have no idea what they are talking about... Japan and other Asian countries dont even have 401k and other systems that encourage ppl to invest. In fact, most ppl in Asia consider investing in stocks gambling.
@sirheisenberg44595 ай бұрын
Putting well-earned money into the stock market can't be over emphasised for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me?
@PennyBernadette5 ай бұрын
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
@NorthCarolinaForward5 ай бұрын
Some individuals minimize the importance of counsel until they make regrettable mistakes. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@type-r3x5 ай бұрын
I think this is something I should do, but I've been stalling for a long time now. Mind if I ask you to recommend this particular coach you using their service?
@NorthCarolinaForward5 ай бұрын
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@belobelonce355 ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@99.8Survivor4 жыл бұрын
Stocks go up. Stocks go down. You only lose money when you sell a stock that takes a hit down. Fully understanding the fundamentals of a company is your edge on knowing which ones to keep and DCA or simply hold through the storm and which ones to liquidate. That is when you will be tested. Good luck!
@InvestorCenter4 жыл бұрын
I like that strategy
@ifh40304 жыл бұрын
"You only lose money when you sell a stock that takes a hit down." No, you can lose money on a stock that gets zeroed that you never actually sell. Could easily happen to people buying some serious garbage in this market now.
@JohnBowl146904 жыл бұрын
You can lose money before you sell. Some stocks fall and they never return to the price you bought at.
@sten2604 жыл бұрын
@@JohnBowl14690 that only happens if you buy bad company, if the company is growing even though the economy is bad then the stock price is gonna come up. Most important thing to look for is the debt, because that's what kills companies, large debt + no profits = bankrupt. no company in the history of stock market exists where revenues/profits kept increasing but stock stayed down.
@mr.majestic26673 жыл бұрын
@@sten260 Ride is my big boo boo not sure if company will survive. took big loss.
@FritzSchober4 жыл бұрын
This was 1997 - after this interview the market skyrocketed to a crazy high for 3 years and crashed in 2001.
@joehenry95462 ай бұрын
The information that Peter Lynch gives to investors is still valuable and informative today. While Charlie Rose appeared condescending in his laughter and interruptions.
@sunnyk0075 ай бұрын
Great to listen to what Peter has to say. Absolutely hate it when the interviewer interrupts Peter mid-sentence time and again.
@wakefield7474 жыл бұрын
How can this interviewer be so arrogant that he doesn’t want to listen to one of the greatest of all time sitting across the table from him
@jeremystig984 жыл бұрын
That's what journalists do, they don't just suck up everything somebody says only because they are famous or had success, they are questioning everything to get more out of the people they are interviewing. They may even already know the answers to some of the questions they are asking, but some of the viewers might not and that's why they ask these kind of questions that sound dumb or ignorant.
@hyunbaekim60594 жыл бұрын
True, its kinda hard to hear the dude
@ckersh744 жыл бұрын
He's the star of the show, and he wants everyone to know it.
@WeLoveValue4 жыл бұрын
So much wisdom. I love all of Lynch's interviews
@InvestorCenter4 жыл бұрын
Lynch is great!
@kyle75744 жыл бұрын
It’s hard to find to know when to invest especially in these times. I just buy etfs when I’m unsure.
@InvestorCenter4 жыл бұрын
Not a bad strategy!
@keisari32674 жыл бұрын
Don't worry about market timing. We've been trying to learn it for about a hundred years and still can't. Long-term ETF / index fund is the really the best way to go for most people, "buy everything and hold forever" as Bogle said. It might not be very exciting, but you will always beat the average active trader.
@karl17064 жыл бұрын
even ETFs are overhyped
@keisari32674 жыл бұрын
@@karl1706 Yes, of course, as (index) ETFs comprise of the very stocks that are being overpriced so heavily. No cure for that really other than to hold some cash and participate in the sale after a correction or direct your investing to less overpriced markets. Brazil and Russia, for example, are at 70-75% of the pre-corona ATH. For good reasons of course, but on a long term those might be less overpriced and have more real growth potential (growth as in real economy instead of speculative overpricing).
@keisari32674 жыл бұрын
@@lazerhawk2192 This is not even remotely correct and defies basic mathematics. Yes, the markets are expensive currently but other than that your comment makes no sense.
@MarioLuigi-vb3rpАй бұрын
I like this guy because he’s not a jerk he will tell you how to make money he’s honest about how it’s done
@OurWorldofDanceSport4 жыл бұрын
So interesting stuff. Thank you for posting! PE now at 38. Tech companys overvalued? We will se where it all goes. Exiting!
@InvestorCenter4 жыл бұрын
Thank you for watching! We shall see what happens!
@Commando303X4 жыл бұрын
What's up with the awkward cropping of the image?
@jholid6y4 жыл бұрын
Lynch: stock price is directly related to earnings. 2020: GDP -36% Robinhood investors: hold my beer. Lynch: FML
@InvestorCenter4 жыл бұрын
I would like to hear what Lynch thinks about the market currently
@inertiaforce78464 жыл бұрын
@@InvestorCenter so would I.
@Phurngirathaana4 жыл бұрын
I followed Weinstein and invested only in October and rest you know
@afonsodeportugal27 күн бұрын
I couldn't help but laugh when they said the max PE range for the S&P 500 was 20. Those were the days! 😂
@realjaytruth4 жыл бұрын
I love the general conversational skill they have.
@InvestorCenter4 жыл бұрын
👍🏻
@richardfinance6164 жыл бұрын
The guy is simply a Genius
@InvestorCenter4 жыл бұрын
Yes he is
@dakotah30434 жыл бұрын
I haven’t seen this video before. Thank you
@InvestorCenter4 жыл бұрын
You are welcome!
@zacheray4 жыл бұрын
tbh.. I’m liking how much I already think like this guy
@prashunpcchakraborty704 жыл бұрын
4.42 did he say winter is coming?
@InvestorCenter4 жыл бұрын
I believe so 😂
@TheRamg754 жыл бұрын
12:07 About Asia. Visionary and his reasons are still spot on for Asia
@bidmcms34 жыл бұрын
The S&P average P/E is almost 35 now. 🤔
@InvestorCenter4 жыл бұрын
0% interest rates distort valuations
@dantheman15344 жыл бұрын
@@InvestorCenter also a couple trillion dollars of free money from the govt helps a little bit
@overPowerPenguin4 жыл бұрын
@@InvestorCenter how should be valuated consider that?
@inertiaforce78464 жыл бұрын
@@dantheman1534 yeah just a little bit.
@zwatwashdcАй бұрын
The Dow is 44,600+ right now. Whenever this was recorded, they should have bought.
@lloovvaallee4 жыл бұрын
The relevant piece of information here: The P/E ratio of the S&P 500 is usually between 10 and 20. The valuation should be 20 minus the rate of inflation. The ratio right now as of 1/7/21? It's 37, so you would have to be a fool on wheels to buy into the market now.
@InvestorCenter4 жыл бұрын
It’s also important to consider the impact that low interest rates have on stock multiples
@lloovvaallee4 жыл бұрын
@@InvestorCenter Don't interest rates tend to track with inflation rates?
@diegorivera65004 жыл бұрын
Trying to time the market thinking it is too high is wrong. I sold some stocks last year cause some people were saying stocks are too high and they are going down anytime soon. Guess what I was never able to buy them to the price I sold them off. They only go up and up. And I am talking about quite a few stocks like netflix, adobe , apple, paypal etcc etc
@lloovvaallee4 жыл бұрын
@@diegorivera6500 It's not market timing if the valuations don't make sense.
@diegorivera65004 жыл бұрын
@@lloovvaallee if you’re only rely on valuation of stocks to invest then you better off not investing because most of the stocks in the market don’t make sense. It is the intrinsic value of a company that makes sense when you’re investing. All of investors with good returns invest in stocks that will perform well in the future. No google or Amazon has a fair valuation now in the stock but they’re good picks cause of the intrinsic value of the company.
@MoneyMindsetM4 жыл бұрын
The Legend with Golden Words! Thanks you For the Information Mate
@InvestorCenter4 жыл бұрын
Glad you enjoyed the video!
@mrwilliams99544 жыл бұрын
When I close my eyes its like Peter Lynch is like the Jordan Peterson of the stock market...
@InvestorCenter4 жыл бұрын
I love that comparison
@rodrigobarth40074 жыл бұрын
Not at all. Peter Lynch actually knows what he is talking about.
@bhe83364 жыл бұрын
@@rodrigobarth4007 Being a licensed clinical psychologist means he knows nothing of what he speaks. He also knows nothing of neurochemistry according to you oh enlightened one.
@rodrigobarth40074 жыл бұрын
@@bhe8336 I am sorry to disappoint you, but having a psychology degree doesn't make him qualified to talk about extremely complex sociological and philosophical theories (postmodernism for example). If you are into philosophy you should read real philophers like Foucault or Jean Baudrillard. Peterson is lying to you and you're following him like sheep.
@bhe83364 жыл бұрын
@@rodrigobarth4007 Believing the words of someone who believes words are a tool for obtaining and maintaining your position in a hierarchy of dominance through power doesn't seem to make much sense. You should probably actually read Foucault.
@financeroyce4744 жыл бұрын
Our market is a 35pe because many of these companies have a 600pe+ rn holding up the average
@OnkelFrauenknecht2 ай бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
@EliaszPass2 ай бұрын
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@OnkelFrauenknecht2 ай бұрын
@@EliaszPass Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ...
@EliaszPass2 ай бұрын
@@OnkelFrauenknecht Oh please I’d love that. Thanks!
@OnkelFrauenknecht2 ай бұрын
@@EliaszPass *MARGARET MOLLI ALVEY*
@OnkelFrauenknecht2 ай бұрын
Lookup with her name on the webpage
@aashishbarnwal4 жыл бұрын
Thanks for sharing this! How long is the full interview?
@InvestorCenter4 жыл бұрын
This is the full interview
@shamimmir3614 жыл бұрын
Look very old
@sage88894 жыл бұрын
This Man is ahead of his time. It's like he did time travel into 2021. 💰
@InvestorCenter4 жыл бұрын
He’s a legend!
@atrainc243 жыл бұрын
Jesse Livermore, Peter Lynch. The pillars in investing.
@importedmusic4 жыл бұрын
My strategy: YOLO it all on NIO and PLTR *to the moon*
@InvestorCenter4 жыл бұрын
High risk, high reward
@adilmohammed38284 жыл бұрын
@@InvestorCenter high risk, yes. High reward...maybe. The risk level to invest at , is dictated by the quality of sleep one seeks at night.
@XXXX-po4ir4 жыл бұрын
Tesla gang was here
@morten1704 жыл бұрын
Watch out with nio, dont trust their Numbers blindly.
@VoltageLPАй бұрын
Love his movies, best director ever
@JNdeepak4 жыл бұрын
wow that interviewer was something else definitely not in a positive way.
@InvestorCenter4 жыл бұрын
😅
@mrkcur4 жыл бұрын
Charle Rose interviewed politicians, actors, scientists, all sorts. He was not a financial specialist, you shouldn’t disrespect him because of that. He was a great interviewer.
@coolguy-ze1gs4 жыл бұрын
@@mrkcur Shut up.
@hman29124 жыл бұрын
Too right.
@connerkinney974 жыл бұрын
@@mrkcur Yeah when you do a shit job in an interview you deserve the repercussions of it.
@robertmiller23672 ай бұрын
Remember all this is before cell phone trading and high frequency algo trading. You can still follow peter and Warren's strategy but you will be way behind the current trading game..
@Susan001972 ай бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.
@Susan001972 ай бұрын
@@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments
@Susan001972 ай бұрын
@@BrandonIvan-c6e Clementina Abate Russo is her name.
@Susan001972 ай бұрын
Lookup with her name on the webpage.
@Susan001972 ай бұрын
@@BrandonIvan-c6e You are welcome .
@augustvctjuh84234 жыл бұрын
Title is confusing because in the first fragment he talks about investing when stock prices just became lower. So they aren't at an all time high
@Adam-ui3ot4 жыл бұрын
I like the conversation, Just like to mates having a chat about something they have in common.