Naval Ravikant - Money Habits Keeping You Poor [w/ Charlie Munger, Mohnish Pabrai]

Рет қаралды 117,176

Күн бұрын

Пікірлер: 69

@alphabeta8403 11 ай бұрын

4:21 Pick an aspirational hourly rate 5:29 There are no get rich quick schemes 8:30 If you want to become a philosopher king, first become a king, then become a philosopher 8:45 *Compound interest is the 8th wonder of the world* 11:20 How to lose time and money

@StellaAlmiron 10 ай бұрын

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains.

@RickyMansard 10 ай бұрын

Investors should exercise caution with their exposure when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@demetriussullivan4088 10 ай бұрын

Amazing. 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?

@RickyMansard 10 ай бұрын

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of my finances in the past two quarters.

@RickyMansard 10 ай бұрын

I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.

@HarveyHeckland 10 ай бұрын

I’m intrigued by your progress. Could you share some insights into your investment strategy or perhaps recommend any specific resources or mentors that have led to your success.

@thibaultdeheurles4561 11 ай бұрын

Thanks for your work this year 🎉❤

@PickingNuggets 11 ай бұрын

my pleasure!

@JakeRichardsong 11 ай бұрын

Mozart's cause of death was not any character issues, it was: post-streptococcal Schönlein-Henoch syndrome which caused chronic glomerular nephritis and chronic renal failure. He was also prone to illness since childhood. Again, not his fault.

@jeremyfinger843 11 ай бұрын

And was miserable for what Charlie said

@1001Balance 4 күн бұрын

It doesn’t matter to these ‘inspirational’ dudes. Never waste a possible good story 😂😂😂

@PickingNuggets 11 ай бұрын

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@Muller_Andr 11 ай бұрын

new trader here, love these vids this stuff is above my head. but after learning for two years starting to understand what your doing, would love to trade like this in my IRA I'll get there one day.

@simone_maya 11 ай бұрын

When stock picking, best to have a mentor who has a feel for sentiment and positioning of both institutional and individual investors. People like Munger and Buffet have good principles.

@AnkurYo 11 ай бұрын

Right, my question then is where should I allocate more of my contribution from my paycheck to in my, Tbills and Bonds or stocks since the S & P has been a rollercoaster YTD?

@xavier_lucas 11 ай бұрын

It is always good to have a bal-financial plan while seeking out alternatives as well. I work with a floor trader, professional planner and fixed-income strategist in NY, Monica. The fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

@Muller_Andr 11 ай бұрын

How has that worked out for you so far?

@xavier_lucas 11 ай бұрын

Under Monica Mary Strigle, I've gained up during these market shifts.

@TharunsJournal 9 ай бұрын

I enjoy watching your KZbin channel the most

@PickingNuggets 9 ай бұрын

Really appreciate that!

@Ethannesss Ай бұрын

"burning neurons", that's a good one!!!

@coder_rc 11 ай бұрын

Thankyou julio for doing all this❤

@PickingNuggets 11 ай бұрын

welcome my friend! Thanks for watching :)

@ryanpena1115 11 ай бұрын

Awesome content, love all your videos

@PickingNuggets 11 ай бұрын

Glad you like them!

@myexperimentalmind 11 ай бұрын

Thanks for another upload!!! Hope you keep them coming!

@PickingNuggets 11 ай бұрын

More to come!

@HIGHCLASSBOSS 9 ай бұрын

Love this channel

@PickingNuggets 9 ай бұрын

Thank you :)

@ekeminios 10 ай бұрын

Great insights! Thanks for sharing.

@PickingNuggets 10 ай бұрын

Thanks for watching :)

@DModernMonk 5 ай бұрын

Which tool are you using ?

@PickingNuggets 5 ай бұрын

Canva, FCP

@Blubbha 11 ай бұрын

So it's like this: push yourself as much as possible before you start a family to increase your income or build income streams. Then start to invest. Build up more income streams which is the hardest for sure. But reach a level where you can live from 50 to 75% and ignore the rest. Once you start pay yourself first it's easier to invest and build long-term wealth. Don't do it the other way around.

@silverchairsg 11 ай бұрын

Just don't start a family period. Or better still, don't get a girl/boyfriend. Attain financial freedom first before you have kids.

@Blubbha 11 ай бұрын

@@silverchairsg interesting View. Do you think this works with the limitation of the timespan you have available to start a family and have / find a partner?

@sp123 11 ай бұрын

@@Blubbhait doesn't, that is why birth rates are declining in developed countries. If both parents are high earners, raising 1-2 kids is possible, you just need a parent to stay home until they kids can go to school

@bec_Divyansh 11 ай бұрын

Great advice for handling money this year!

@PickingNuggets 11 ай бұрын

Glad it was helpful!

@MTtroutfisher406 11 ай бұрын

Correction: MMM didn’t have a goal to retire early, it just kinda happened as he’d built up enough resources to be self-supporting and could then leave traditional work.

@bakmaharangana 11 ай бұрын

Thank you

@PickingNuggets 11 ай бұрын

Welcome!!

@dsinghr 10 ай бұрын

There is nothing worse than having money in bank account and not splurging it. Frugality is worst than torture

@onfeetnation 26 күн бұрын

To whom?

@patrickmack7 11 ай бұрын

Mr Money Moustache does... not live in the sticks in Colorodo...he has purchased a new car, he's gotten divorced, and earns more $ than 90% of US housholds, even in 2023, ignoring investment income.