How Would Warren Buffett Invest a Small Sum of Money?

Warren Buffett and Charlie Munger explain the benefits of working with less capital. From the 2001 Berkshire Hathaway annual meeting.
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Ben Graham's Security Analysis: Sixth Edition, Foreword by Warren Buffett: amzn.to/2XNYtAh
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Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger by Peter Kaufman: amzn.to/2oBddW4
The Essays of Warren Buffett: Lessons for Corporate America: amzn.to/3EwbNxx
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[@bobbymainz1160]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[@jameswood9772]

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

[@alexyoung3126]

Absolutely not, as I've closely tracked my portfolio's performance, witnessing a staggering $482k growth in just the last two quarters. This experience has taught me the secrets behind experienced traders' substantial gains in what might appear as unpredictable markets. Undoubtedly, it's been a bold and rewarding choice I made fairly recently.

[@lawerencemiller9720]

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

[@alexyoung3126]

"Lisa Angelique Abel" serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market.

[@lawerencemiller9720]

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

[@Emmahernandez.]

Given the current uncertain circumstances, it's crucial to grasp effective financial management, prudent investing, and adeptly maneuvering through economic downturns. However, my main focus revolves around boosting my stagnant reserve of $240k, which has remained idle for far too long with minimal to no growth. While I'm committed to the long-term approach, the erosion of my savings due to inflation and the daily depreciation of my portfolio demand immediate attention and a solution.

[@Jamesrogues60]

Should you seek guidance, consulting a financial advisor is advisable. While you're capable of managing on your own, financial advisors possess extensive knowledge and expertise in this domain.

[@JackHudson.]

The role of advisors is frequently overlooked until individuals suffer the consequences of their emotional biases. Recalling a couple of summers ago, amid the turmoil of my lengthy divorce, I found myself in dire need of assistance to stabilize my struggling business. This led me to seek out licensed advisors, eventually connecting with an exceptionally qualified individual. Through her guidance, my savings not only weathered inflation but also surged from $275k to $850k.

[@Angelinacortez495]

Please who is this consultant ?

[@JackHudson.]

'Laurelyn Gross Pohlmeier' 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.

[@CarterHall-re5fu]

I conducted an online search for her complete name and located her page. I sent an email and arranged a meeting with her; now, I wait in anticipation for her response.

[@NickWright]

“Very, very small sums of money” referring to $30,000+ BACK THEN lmao Perspective is a crazy thing..

[@ckjaer5288]

Lol, had to check if that was you. Nice to see you here :D

[@mvpmongo8675]

Kirsank why do we care about ur opinion on conspiracies?

[@vids9190]

@Kirsank nice troll

[@barriewright8323]

Nick Wright........tinnnnnnnggggglllaayyyyyy!👊👊

[@MartianMoon]

Kirsank conspiracy theories are just a conspiracy theory started by conspiracy theorists to use conspiracy theorists to spread conspiracy theories.

[@lnAmberClad]

I was expecting advice on what to do with my $200 in savings lol

[@ifeelfantastic8956]

I feel ya bro 😂

[@mazahirharoon]

I understand 😂

[@richardegan1204]

Grow weed, profits treble each time you reinvest

[@satisfy1039]

Fuck me u right

[@vegetaz1532]

chuck it in bitcoin

[@Alexamdern]

The small sum of money his refering to is your whole wealth

[@mazahirharoon]

Yeah. 😂

[@jasonkatsambiris1076]

With inflation too! $1 in 1950 is about $10 today. So my dude is investing “small” amounts equivalent to $150k today

[@NinjaNuggets21]

Not even haha

[@4EverAwesomness92]

well yea, the guy always worked, and was already interested in money. And u also have to compared it to the people that he was competing against.

[@DerRollkragen]

Jason Katsambiris how much would you consider a little sum then ?

[@luxurylozlo]

Charlie looks like he's not trying to share shit with anybody.😂

[@terencetyrone]

Exactly 🤣

[@mickcv4554]

Resting shit face

[@jaspreetsingh-pf4mc]

😂😂😂

[@renner695]

POKER FACE

[@Northdallasguy00]

Here’s his comment: I ain’t telling you shit

[@Greggsberdard]

I was told to spread my money across different things like stocks and bonds to protect my $750k retirement savings. Now, with the markets being shaky, should I keep adding money to my portfolio or consider other options?

[@lolitashaniel2342]

If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.

[@VictorBiggerstaff]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@crystalcassandra5597]

this is all new to me, where do I find a fiduciary, can you recommend one?

[@VictorBiggerstaff]

I work with Sonya Lee Mitchell who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.

[@grego6278]

Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Sonya

[@KidMillions]

"Once you get in the many millions the curve falls dramatically." I don't have that problem yet.

[@norbugrg6350]

Seems like we both won’t be having that problem any sooner.

[@CinemaFIN]

@@norbugrg6350 i mean statistically that is probably true, but why are you thinking so yourself?

[@okk2776]

XD

[@fadenmac8092]

Too bad ego, for people like Buffett, prohibits them from doing good for humanity. In his mind, he will never make enough money. (His donations are a tax deduction against capital gains!)

[@dawsonpublicover]

@@fadenmac8092 generally that is the required mindset for "success" of that level. Choices need to be made that will likely negatively impact others for your own gain very frequently. That is why you rarely see morally good people get stupidly rich like some more corrupt individuals

[@kevinkang4427]

These archive Berkshire Hathaway meetings are hidden gems

[@InvestorCenter]

Yes they are!

[@yodamaster757]

Kirsank - Dude what? 😂

[@kevinkang4427]

Kirsank Like this comment if you guys understood what he said

[@yodamaster757]

Kevin Kang - I understand it I just believe it’s completely absurd

[@christolles3828]

having attended every year since 1999, i couldn't agree more

[@Raymondjohn2]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[@bob.weaver72]

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.

[@martingiavarini]

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 $21k ROI, and this does not include capital gain.

[@TheJackCain-84]

Mind if I ask you to recommend this particular coach you using their service?

[@martingiavarini]

When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

[@TheJackCain-84]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@JordanReam8186]

As directors of our farm business, my wife and I, aged 55 and 52, are starting our retirement savings journey, aiming to rely on rental income. I'd appreciate a live session to discuss online passive income strategies and achieving a comfortable retirement with a target goal of $3million.

[@WestonScally7614]

Whether you're earning income through work or investments, the fundamental consideration remains the balance between income and expenses. Considering financial advisors for a strategy that aligns with your timing could be beneficial.

[@Mckennie61751]

I fully agree. Retiring at 60 with around 1.2 million in non-retirement funds, my debt-free status contrasts with the seemingly modest growth in my retirement accounts over the past three years. Emphasizing the crucial role of an investment advisor, thorough research is essential to find a trustworthy professional.

[@Christine-wp2bw]

Impressive! Could you share details about your financial advisor? I'm looking to improve my finances and exploring options would be valuable.

[@Mckennie61751]

I collaborate with a specialist, *SHARON LOUISE COUNT* whom I discovered in a CNBC interview. After reaching out, she has offered valuable insights and guidance on my focused securities. You can find more information about her online for additional oversight. I closely follow her strategy and have no regrets.

[@Christine-wp2bw]

Thanks for the tip. Finding details about your coach was easy, and I thoroughly researched her before scheduling a call. Her impressive résumé suggests significant expertise, showcasing her proficiency in the field.

[@YFolermira]

Taking early inspiration from Warren Buffett on the significance of solid asset diversification and risk management-it cannot be emphasized enough. I've been working on growing my $300K portfolio for some time now and would greatly appreciate any additional suggestions

[@antonnohr]

Indeed, greater risks can lead to bigger rewards, and making such prudent decisions is best guided by professionals

[@VickyAlvy]

That's wise. I've been in contact with an advisor as well. With an initial reserve of $80k, my advisor handles the entry and exit routines for my portfolio, which has now grown to around $550k

[@Jason9o669]

I've been considering a switch to a new advisor for some time. Would you be able to provide me with the contact information for your advisor?

[@VickyAlvy]

There are many independent advisors to consider, but I personally work with Stacey Lee Decker, who I find to be outstanding. If she meets your criteria, I wholeheartedly recommend her.

[@colecfhd]

That fella on the right is Mr Monopoly.

[@christianpenchev2689]

Charlie Munger is the GOAT

[@ifeelfantastic8956]

Good MAN.

[@DonavanMcdabb]

They look like twins.

[@candyfloss184]

Thank you for the nickname

[@duanejackson6718]

That's Warren's brother from another mother.

[@lisaollie4594]

Great video, Ray Dalio, Warren Buffet and Cathie Woods just to mention a few emphasizes on the importance of investing, I've been keen to invest lately, my challenge is knowing when to sell/hold and how to grow profit consistently even in an unsteady market.

[@roseroland1998]

@Alexis Anders Haha, great to know I'm not the only one that go through series of emotions when dwelling with my investments.

[@Curbalnk]

@@roseroland1998 - People with little to no stock market experience frequently try to buy on their own. I had previously thought about it, but after taking note of it and getting in touch with "KAITLIN ROSE STERNBERG," a finance specialist with offices in the US, everything was put into perspective. During the first quarter of this year, I have already made $370k.

[@Curbalnk]

@Stanley Edwin Exactly the point! quickly do a web check where you can connect with her, and do your research with her full names, she has a wide web presence so its shouldn't be a hassle finding her.

[@marcob.7801]

Join the club!

[@marcusmay5461]

$15k is $163,330.93 today. Lol.

[@gondio447]

Lol.

[@kingdinodragonite3470]

Lol.

[@brandonsweat6432]

Lol.

[@ShowStopper26454]

Lol.

[@ammarraz.8090]

Lol.

[@dr0bert]

"Monetisation of hope and greed is a way to make a huge amount of money". "The biggest money made in Wall Street in recent years has not been made by great performance but made by great promotion". Something to write down and remember.

[@dwightstjohn6927]

The variation I have on that: buy people's VANITY: LuLuLemon, Starbucks, Apple, and back in the day, Sony.

[@dwightstjohn6927]

When I was in college in the 1970 Barrons' and the WSJ had a scathing article on Vancouvers' mining stock exchange. Wall Street then, two decades later, ADOPTED all the scam "rules" of said exchange, unleashing the scam artists like Madoff, etc. and if they lived within walking distance to the Trump Tower, it was all good.

[@Ravie1]

It's pretty simple math, funds charge fees based on the size of the portfolio typically (a ratio not a flat fee), so by necessity the primary way they increase the amount they earn is by increasing the pool of investors into the fund. Beating the market by a few percentage points (which is incredibly difficult and resource demanding) makes the world of difference to your investors, but makes very little difference to most funds when their money would be better spent on marketing. It's simple game theory, the fee structure of most funds people invest in dictates a difference in incentive between fund managers and investors, that's why so many highly profitable funds do little more than follow the market and consequentially provide average returns. To make it worse, by definition the average investor can't beat the average. That's how the average is defined. Winning a zero sum game comes down to strategy, and everyone can't win.

[@hamboharambe9982]

@@Ravie1 Why is it a 0 sum game

[@Ravie1]

@@hamboharambe9982 It's a game theory term referring to when all the players in a game (in this case investors in the stock market) can't win. Simply put, when your fund does really really well, most of the time, it's because someone else does "loosing" trades against you. Your win is someone else's loss.

[@licensedblockhead]

They look like the 2 muppets that crack jokes at everything

[@reddotgaming7320]

Fuck you 😂🤣🤣🤣😂 that shit made me burst out laughing

[@sam_fawcett3971]

GOAT comment

[@magnakid]

Lmao

[@Mii.2.0]

Underrated. 🤣

[@foolapprentice3321]

Statler and Waldorf are their names

[@victorespino5650]

Tiny amount of money. $15k to invest in 1950 isn't small money. Lol

[@babyfreezer]

half a million in todays money...

[@shootingstar3371]

@@babyfreezer a small loan of a million dollars

[@desmond2640]

it’s a very small amount compared to how much he is investing now

[@larrygerry985]

So true, a house cost 10k

[@JohnSmith-wx6dx]

A small loan of a bahgillion dollars

[@bjblues7823]

The main thing I understood Warren saying was reading 20,000 pages of documents. That means he really loves what he's doing. Not many people can read 20,000 pages of financials. Anyone dedicated to anything that much should become a millionaire.

[@bassat6677]

What kind of pages is he referring to? Of what kind of articles? Does it even make sense to read in todays times with computer technologies and everything? Sorry im new in this area, don’t judge me please:D

[@bacardibum]

i don't know that much about buffett. does anyone know exactly what he was looking for? is there a specific stat or piece of info that would let you know how good a company is?

[@PlutoTheGod]

bacardibum I believe he looked for reliable representatives in the company and cash flow

[@StevenTheSinner]

Luckily we can get that info in a fraction of the time thanks to the internet....

[@PlutoTheGod]

Steven S well that and the fact warren is the one who paved the way for that kind of researching, he pretty much showed people WHAT to search for when researching

[@Casey-summer]

These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $150k set aside to put in the market.

[@lilyhershey1]

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 an F.A `

[@mellon-wrigley3]

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 investors raking in 6 to 7 digits in a space of 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 2020, and the least I returned was $95k ROI, and this does not include capital gain.

[@louie-rose7]

​ *@heathermellon7826* Mind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.

[@mellon-wrigley3]

Mary Onita Wier, is my Advisor, she is a consultation-free expert. She has her clients best interest at heart. I have been working with her since covid period. Though she's a very busy woman but she can offer you assistance if you reach out.

[@louie-rose7]

Onita appears to be a true authority in this field. I looked her up on the net because I really need this, and found her website, went through her profile and I can say she's superb. Dropped a message hoping it gets replied.

[@bwing411]

Best thing you can do with a small savings account is focus on increasing your income. A 20% (unheard of) return on $500 will be nothing compared to working a few more hours, or raising your skill/value level

[@_Information_]

Good point.

[@raebean6018]

Yeah good point. And living as low below your income to squirrel money to invest later 😊

[@blaine4754]

and to learn how to stop spending more as you make more

[@cameron7319]

Learn how to make your money work for you. Hire people to complete a task and take away a profit. The ability of 1 person is limited

[@Dmorr98]

I’ve made 40% in the last year with strategic swings. You’re not growing $500. You’re growing your savings account. You can continue to add to your portfolio while aiming for high returns.

[@mihail3852]

What I understood: 1. Do the work to find good companies to invest in. This means a lot of fundamental analysis, on a lot of companies. Now days, we have a lot more tools that can help, but so have the competitors. 2. If you invest less money, you'll have a lot more opportunities since you can invest in smaller companies without affecting the stock price: by buying shares of millions of a small company, this will skyrocket the price. if the sellers will know that a big buyer wants to invest, will raise the price that high that your "under priced" stocks will become an opportunity just for the seller. Also, when you decide to sell your large amount of shares, the price will go down a lot since the volume is so small in comparison. On the other hand, if you invest small amounts in small companies, you will not affect the price of the shares significantly.

[@MrCapsMan]

Thank you for explaining this - was looking for an explanation as the video was quite vague on why "the curve drops dramatically" the more obscene amounts of money you have to invest.

[@nn-db4fw]

-"70 years ago I invested a very VERY small amount of money like 15000 dollars."

[@ADAMJONES-xt5mw]

Yeah that's like investing 170,000 today

[@PlutoTheGod]

ADAM JONES well really the principal is the same with any amount unless you’re investing multi millions because then people are paying attention to what you personally are doing.

[@hushglowy]

@@PlutoTheGod actually no

[@guillermomaldonado6024]

@@ADAMJONES-xt5mw he is refining to professional investors with small AUM, not individuals savings. things need to to be put into context

[@JSB-2Z-2K]

poor guy. And poor Trump too, all he had when he started was a meagre 1 million U.S$ given to him by his daddy.

[@cerron100]

"too much chasing after easy money" so profound, thank you for this video.

[@awaaahe]

it's not profound..

[@jaskour1]

woosh

[@awaaahe]

@@jaskour1 that's no r/woosh material, it wasnt satire nor irony.

[@jackzachary7603]

No eesy money anyway.... don't use that word please...

[@tedwachtler4870]

don't chase after easy money. Make your 10% a year and work 40 hours a week and barely have enough to retire when you're 60, lol. Honestly I see both sides tho. It's a balance.

[@EpicCoolGuy21]

“Very small hedge fund” = *125 million dollars*

[@egg5474]

That’s a lot of people’s money, some hedge funds go into the billions usd and you’ll get laughed out the door if you don’t have tens of millions to put into the fund of your own money

[@kevindurant5516]

As a hedge fund it is relatively small

[@marcopeek5668]

Very small compared to others. Bridgewater manages 125 billion.

[@tylerguitar75]

it's not one guy's money. Funds are more about sales than investing. They "sell" their fund to investors, and get maybe 10, 100, or 1000 people to contribute money. Then they take a small fee. Salesmen... not necessarily good investors... At all.

[@Elaba_]

He had a track record of a lawn fund.

[@policbolsha7064]

Question guy : so how did you guys do it Charlie: *sweating frantically* don’t say insider trading don’t say insider trading😓

[@doublecheckityt]

So right now companies are cheap. This is when he buys.

[@tafhut3522]

What stocks would you look at right now ?

[@doublecheckityt]

@@tafhut3522 find an industry that you understand very well and look for a large, stable company whose stock price dropped due to the current recession. Buy what you can afford and plan to hold the shares for a few years as the stock price recovers. If they normally pay a dividend, then that is even better. kzbin.info/www/bejne/qJjcinmHosmFr7s

[@doublecheckityt]

@@tafhut3522 this play list will teach you what you need to know about investing kzbin.info/aero/PLECECA66C0CE68B1E

[@davidjgrant23]

Double Check It it’s not really dropped yet. Has just been overpriced for a while now. It’s not time yet.

[@LukeFaulkner]

Love how Warren keeps passing it over to Charlie and he's caught off guard every time, though tbf "I would state it even more strongly" is definitely the best lifeline in that position.

[@tonicruger]

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

[@kurttSchuster]

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

[@eastwood224]

Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@tonicruger]

@@eastwood224 I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@eastwood224]

I started out with an FA named Nicole Desiree Simon Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

[@tonicruger]

@@eastwood224 I just googled her name 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 call.

[@melwatz4173]

I love how straight forward Charlie is. He told it like it is at the end, and the video began to fade out. That’s the stuff we need to hear. Great overall though. Thank you.

[@dannyzuehlsdorf3697]

remember the two old dudes from THE MUPPET SHOW?

[@RavnerRavner]

Been sayin that for years...

[@5.0_life30]

🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@deon.francis]

Munger kept lookin back at Warren like "What am I supposed to say?..." lmao

[@zeroism6036]

Hahaha good one! And a he doesn't seem very interested judging by his impression.. Like, get your own ideas.

[@billowen3285]

I think he was wanting warren to take over the answer

[@jowinewbandz7056]

That's just Charlie. Get the book...Poor Charlie's Almanack...The Wit and Wisdom of Charles T. Munger, and you will see that Charlie is much more opinionated than Buffett, much more interesting, and one of the all-time legends. You will thank me.

[@rejuvenatingsoul3498]

Munger is blind in one eye, so he has to turn his head twice in rotation degree to take a quick glance of buffet, which appear as if he's shocked or in awe.

[@Bmayo27]

Thank you so much for posting this!! I remembered Buffett reflecting on his obscenely good returns from 1951-1960 (besting the DOW by 37% per year); but couldn’t remember the year. Again, many thanks!

[@simpleinvesting7371]

*You can also watch Buffett's videos from my channel !*

[@thenoobthatdied6489]

"The biggest money made in wall street in recent years is not by great performance but by great promotion of that stock" - Buffet Dayummm

[@omarkaya42]

"The monetization of hope and greed is a way to make a huge amount of money." ~ Buffet

[@VivekMayinkar]

I like the way how Munger responds, always to the point, buffet gives a gist of the process/summary and Munger gives a conclusion, more like a moral of the story

[@justinjrahman]

Thanks for taking the time to put these out!

[@Tapas2017]

Video Summary: Back in 1950s you bought very undervalued stocks even ones with Low Moat and sold them off quickly. Now you invest in undervalued High value companies and hold. How would you invest a small sum of money? WB: When I started I started through pages of financials, pages and pages 20K pages of Moody's Industrial Transportation bank manual. You can do that with a small sum of money. Monetization of hope and greed is big with hedge fund. Curve on expectable results falls as you have more money. CM: Look for obscure stocks in unusually mispriced opportunities. Its a long slog.

[@NyesPiece]

What are these manuals he talks about

[@cory99998]

@@NyesPiece yeah seconded. What information is in these manuals?

[@GMLondon]

@@cory99998 Probably Moody's manuals I think (they contain stock information)

[@attentionlabel]

Thanks guys. I'm gonna turn my $2 into $10 by flipping apples

[@Needalex]

not happening

[@andreandsolie]

Buffet: *I* would easily make millions from $10,000 today. Munger: y’all are screwed.

[@CStrik3r]

People actually overestimate how hard it is to make a million. A billion, now that's hard.

[@nathanhatton18]

Hypnotica Any tips on making a million? That’ll do me just fine lol

[@spatialtrader]

Nathan Hatton well if ur scared of putting ur money into stocks then try to find someone that does real estate around u and ask if u could invest for a cut in the property with $10,000

[@CStrik3r]

@@nathanhatton18 With a 10k deposit and monthly contributions of $500 if you earn 7% monthly on your capital and reinvest the cash flows you'd make a million in a bit under 6 years. Of course with a bigger deposit/contributions/rate of return you'd make it in less than that. So the question becomes how can you get an average return of 7% monthly? For me I couldn't find such returns (consistently) on the stock market. Only place I found such returns is trading currencies where my weekly average returns fluctuate around 4%. Which puts the monthly one actually higher than the 7% example. (to be precise it puts it at around 16.9% monthly. Which with the same parameters as in the first example that would get you a million in a couple months over 2 years. The hard part is to actually achieve those kinds of returns). Other than that read, read, read. Learn everything you can get your hands on about trading, investing, risk management/leverage, analysis, trading psychology etc. Above all pick something that you like so you stick to it in the long run, not just something that you think will make you money. Good luck Edit: if you don't want to go through that whole learning curve (although it's preferable you do) and want someone else to make you that money, you can look into things like Copytrading, high yield ETFs (with a low expense ratio and low turnover so you don't get ploughed by Uncle Sam come tax time), REITs if you wanna get indirectly into real estate, etc. Just take all your time to do your research above all and learn all you can and inspect anything you're gonna put your money in to see how sturdy of an investment it is, how vulnerable it is to recessions/defaults etc. Don't fall for FOMO.

[@nathanhatton18]

Guys, there is no easy way to make money! Learn how to INVEST. Don’t speculate. Follow Buffett and you’ll do fine. He has enough money, he doesn’t want yours.

[@MrAirblown2009]

"The current scene is obscene" . Hmmmm. He's so right. Promises here, Promises there. " A fool and his money are soon parted".

[@samuelr.broker]

Great content and value you're bringing! Keep the good job my man!

[@1000xGLOBAL]

Today it's not about return ON capital. Today it is about return OF capital

[@trevorhoerdt5876]

Lol that is true

[@michaeljohnson2922]

5 great dividend stocks in 5 different industries. Each month you save and when you see one of theirs 5 dip you just buy it and forget it. Make sure payout ratios are under 50% and make sure they have a CAGR that makes sense. Anyone can get weary of your patient and disciplined.

[@alexanderg9770]

Does anyone know where to find the full recording?

[@keenanburkepitts]

Charlie Munger's body language cracks me up

[@ccasazza8016]

The man he was talking about seeking the $125 million was Bernie Madoff

[@financialroute2056]

This is one of the best advices by one of the greatest investor of all time.

[@RADIUMGLASS]

Companies in the 1950s did not fail like the way they do now. You have to understand that the men that owned and managed these companies had their names on them and corruption was rare at that time. FDR banking regulations were in place, which Ronald Reagan when he got into office ended the New Deal contibuting to the mess that we have today. One notable company Buffett invested in around 1960 was the L.A. Young Spring & Wire Company out of Detroit. Young had his name on the business itself. A lot of buffets early investments were companies just like this.

[@larrygerry985]

The problem is that buffet talks about 10k in the 1950s as small amount of money. In reality, the average yearly salary was 4k per year. Moreover, a house cost around that much. I wish he would qualify his statement rather than use his "I am just an average guy" personna

[@hampuswallin5942]

Just to add to the context of what he is saying, he did not invest his own personal money from a job salary. He invested as a business, people gave him money to invest for them. From that perspective 10k even in 1950 is not that much, because it is not created from a monthly salary as an employee. But rather as raised money as a business with the aim to increase that sum of money for the people who trusted him with their money. But I understand your point of view, in this video there is no context of Buffett's advice, which might make it unclear of when his advice applies

[@960john]

@@hampuswallin5942 Nope! he had 10K because of little jobs and investments he did since he was 7! Then he also received money to invest from people.

[@hampuswallin5942]

@@960john I see, thank you for clarifying

[@roseannemelissant2453]

Doesn't matter so much what an investor says, be it Peter Lynch or Warren Buffett their decisions are not influenced by the market makers. Buffett sold airlines' despite saying he wasn't going to. Berkshire took a hit with oil prices on the bearish end. It is a pandemonium but consulting is key. Get you a pro, a licensed one at that. I am doing business with one, a portfolio manager and licensed broker with Ameriprise Financial Services. Meghan Paige Villanueva look her up all information you require to reach her is out there alongside her certification and registration with finra

[@jesusantonio105]

Plz how could that make it any better every investors portfolio is down by at least 10%

[@roseannemelissant2453]

@@jesusantonio105 not mine. ms meghan uses a diversified strategy in handling my portfolio, she allocates funds to a plethora of assets and markets out there. She is not just operating within the boundaries of the stock market. I have over 100k invested together with my husband on a joint account with an ECN broker that provides her direct quotes from the best participants in the market space.

[@jesusantonio105]

@@roseannemelissant2453 thanks for sharing. absolute serendipity. I have been curating the internet for someone who can offer candid and solid advice to me. I looked her up and what I find is impressive. I hope she replies my email although I wrote my full name and presented it well. I will be patient for her reply.

[@samuelandrejew2095]

@@roseannemelissant2453 wonderful recommendation for anyone out there needing help with their portfolio, just heard back from her and she really sounds professional, we've scheduled to talk and I'd due my due diligence before getting invested.

[@tonyh1718]

Peter lynch > meghan paige Villanueva

[@ClementRusso2]

Getting a head start by beginning early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.

[@Rodxmirixm]

Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

[@InvestorCenter]

Buffett is the greatest investor of all time. I could listen to him all day

[@dakotah3043]

The Investor Center - Learn Finance & Investing give Charlie some credit too

[@sharonyohannan5293]

Jim Simon's got 66%CAGR for 30+ years

[@InvestorCenter]

Sharon Yohannan he is more of a quant than a fundamental investor

[@sharonyohannan5293]

You're right

[@nordi2010]

No! Jeff Bezos is the best! ;D

[@Vitoandolini13]

Mr. Buffet thank you for being a bright spot during gloomy times.

[@PhantomSavage]

I know they're probably waiting until he passes, but they NEED to make a Warren Buffet/Charlie Munger biopic. And while we're on the topic, production for a Jack Bogle biopic should start right now.

[@kookokooko-xg5uo]

No

[@konstantinhochhaus3125]

It would be so boring. No big parties no scandals, nothing wolf of wallstreet like. Just a dude reading financial reports in an office and then telling his secretary to buy x amount of stock y. Then some more of the same guy sitting in his 300k normal people home, he bought 50 years ago and maybe some fast food eating. The End.

[@SdoubleA]

@@konstantinhochhaus3125 Get Netflix to do it. They'll somehow find a way to create a drama out of it.

[@onthedot100]

I think a movie or a series about his late wife would be pretty cool, as did go through civil rights movement and met doctor king, plus she was like a mother to LGBT community in San Francisco

[@sentientmlem727]

As much as it seems like that would be fun it would actually be rather boring to watch. Warren did it the right way. the normal way and lived an honest life. That's not something people want to watch.

[@ZacchaeusNifong]

The insight on full display here is nuanced, but completely real.

[@kiethmergard]

2500 on a margin account= over 100 dollars every 5 days. If you can get ahold of 26 thousand, you can make between 500-1000 dollars every 5 days. Stock scalping is amazing money. The hard part comes in not chasing profits. Get in at a reasonable price and sell 5-10 cents higher. With a good stock, it is easier than looking through volumes of financials. Every trading day, 5-10 cent swings happen hundreds, or more like thousands of time a day. Finding one that returns 10 cents a share every trade is not difficult

[@MrEaglenator]

That "tiny sum of money" in 1960 is more that I have ever seen in today's money.

[@stevenrichards1539]

You have to overcome fear and be willing to take the risk of losing it or not make money at all. I had a chance to invest 50,000 in Amazon over a decade ago and today I would have several million. But fear of the risk of losing it stopped me from investing.

[@lonewanderer_n7]

True, however…maybe it was still for the best. There’s no way you could have known for sure and that money you saved might have been what you needed during the time. I wouldn’t beat yourself up m8. Always woulda shoulda coulda thoughts. Better to be safe than sorry imo..or at least sticking to the rule of never investing more than what you can afford to lose.

[@cr7rulz97]

Absolute Gold ♥️

[@microstrategyus295]

I love this channel

[@ashtonlyons2139]

Okay now I just need to save a “small sum” of $30,000 or more to invest in obscure, undervalued stocks

[@Austoned91]

$30,000 isnt unobtainable, as long as you have some discipline in terms of personal finance and not an excessive amount of debt.

[@Austoned91]

@@davidluong8370 Fair. Note that I said excessive amount of debt.

[@TitanFormEren]

Debtors can be winners

[@tonyclampotte]

Hello what’s the best way to get started with bitcoin investment cos I’ve been making my personal research for a while now?

[@Johnmalone_2]

Investing in crypto and stocks is a good idea, a good trading system would put you through many days of success.First thing to do is to stop all form of trade and seek the help of an expert to guide you through. Allot of people shy away from this thinking they could do it alone and end up blowing up their account.

[@Johnmalone_2]

Well I've gotten into plenitude of assets with $100k spreads across stocks and index funds, ETFs, for a long term, I've been investing with the help of a pro fund manager Kathleen Susan by name, who overseas my investments, now I sit back and reap my dividends, while I just reinvest from time to time.

[@tonyclampotte]

​@@Johnmalone_2That's Impressive are you giving her your money or the money stays in your trading account? What's really the idea behind copying trades.

[@Johnmalone_2]

​@@tonyclampotteMy money stays right in my trading account, my account just mirrors her trades in real time. That's the idea behind copy trading.

[@tonyclampotte]

​@@Johnmalone_2I tried getting in stocks myself some times ago last year and I lost lots of money, can you give me an info on how to get in touch with her so she can help me 🙏

[@rayeason5058]

I had hoped for some insights about reading company’s annual reports, perhaps the need to understand company’s financial reports and other words of wisdom that I am unaware of.

[@financeabcs]

Even a relatively small amount of money grows exponentially when compounded at 20% per year over a long period of time!!!!

[@TheIcelandicInvestor]

"I was working with a tiny,tiny, tiny amount of money", 10.000-15.000$ 😆

[@CinemaFIN]

Well, it's wrong to say that a tiny amount of money. But indeed it is a small amount for investing.

[@TheIcelandicInvestor]

@@CinemaFIN Yeah I just thought it was funny because obviously it is a small amount for him but a big chunk of my portfolio for example.

[@CinemaFIN]

@@TheIcelandicInvestor Yes, it is personally big amount of money, but that doesn't change the fact that it is a small amount when it comes to investing. I mean, 10-15k is really huge amount for me too, but my point is that he wasn't wrong saying that he was working with "tiny amount of money".

[@TheIcelandicInvestor]

@@CinemaFIN Yes I see what you mean.

[@chisco1616]

And it's 10k in 1951....

[@ejcampbell6587]

Small amount is not talking bout $20 guys he’s talking keys

[@amysummerlin2438]

It’s quite some years ago I stared this business. I traded with Kortan he’s originally from UK 🇬🇧 We met on Instagram. I earned a lot of money from it. My family always comes first and I found something that allows me to work around my life. This doesn’t require you to sit at desk for hours All it takes is picking up your phone , like you are right now When you have a spare moments, trust me it changed my life 😊 I got interest in the business. So he taught me everything I need to know. The hardwares used in doing this and how the operation goes. Today I’m so excited I’m doing great in it. A lot of people got rich through this. Bitcoin has changed the life of so many. Bitcoin is the future... *INSTAGRAM* Kortan at *TKORTAN_24* to learn more.☺️😊😊

[@kevmcevoy8979]

Anyone else notice that the guy on the right is completely in control of the guy on the left.... He turns his head and makes little gestures and the dude completely changes the way he's talking

[@graemepaton3881]

"not by great performance but by great promotion".....so true

[@candyfloss184]

A lot of money in recent years have NOT DUE TO PERFORMANCE BUT DUE TO PROMOTIONS of fake products.

[@poika22]

That's performance

[@thanduxolonelisiwe3265]

People forget Charlie Munger is also an investments guru just like Buffett.

[@leverage2279]

Could anybody explain why Buffett answered that if he would invest with smaller sums of money today, he would use the discounted cash flow approach? I thought it is only used when you plan to hold the stock for the rest of your life.. And that when you want sell the stock after a few years just to get the "puff," we should use the Benjamin Graham formula?

[@wholeNwon]

Buffett's favorite holding period...like mine...is "forever".

[@cynthiastevens8302]

They look like twins sitting up there.

[@Interdiffusion]

I have got to get myself some high-magnification glasses. I think that's the key here.

[@cosmicmauve]

Subtle but deadly. I almost spit out my drink (as in beverage, not drinky-poo)

[@yannickvankerkhove5371]

This is from 2001? It feels like I've been warped back to the 70's

[@deadlypendroppingby]

So lucky I can watch that in HD....

[@alexnicklen5379]

The warnings at the end were so prescient given that this meeting was just before the dotcom crash. They certainly weren’t wrong!

[@TheRealGnolti]

"I would pore through volumes of businesses, and I would find one or two I could put X amount of money into." No doubt, this was and is a strategy that has proved the test of time. But seriously, that kind of research is not only unrealistic for the average (working) person; it is probably out of reach for the simple reason that he or she won't have access to the crucial internal data about a company that would allow you to winnow the gems from the dung. The "financials" reports published publicly for investors are pure ad copy.

[@awkwardcultism]

It's actually probably much easier now for the average person because the internet and search engines exist. You can turn up a huge amount of data on any company you can imagine in seconds. The issue is that everyone else can also do this, so more opportunities have already been found.

[@victorespino5650]

Still don't know where to invest. Buff said companies you find that are trading cheaper than they should be then contradicted when followed up with thats no way for someone to make it by picking obscure stocks

[@raterrr123654]

Just because a stock is undervalued, it doesn't mean it's obscure.

[@victorespino5650]

@@raterrr123654 Charlie called it obscure and said thats not a way to win. It sounded that he said doing what buff did isn't practical.

[@victorespino5650]

@@Nov1706 lol. Well hedge funds are what they sound like, to hedge. Not only out perform. The whole idea of modern portfolio theory whatever that he shitted on lol. Isn't to produce max return, BUT based more on risk tolerance, and putting together a strategy based on the persons risk. Then selecting stocks for optimal return with in the investors risk tolerance. He's smart though, he doesn't speak very clear and in a way where he can answer with out giving it all the way.

[@bastiaanstapelberg9018]

A great man from a great land.

[@pzpinkslip123]

And today he just answered that same question buy saying you should invest etf's.

[@emelij.holmberg7274]

There is an investment I will like to shear that’s is very profitable. “Bitcoin mining on blockchain” and I think you need to make a video about bitcoin?

[@kelvinjones5394]

Bitcoin mining is a very profitable investment, after gold comes bitcoin.

[@emelij.holmberg7274]

@@kelvinjones5394 You can say that again, I started my investment in March after I lost my job. I invested 10bitcoin with the company and So far I haven been able to accumulate 18bitcoin in profit

[@a.dsmith257]

I mine bitcoin on hashing24, it’s quit profitable I receive about $100-$150 weekly from my $3000 investment capital

[@chrisrodriguez2574]

Blockchain hardware mining unlike cloud mining very profitable indeed am making huge amount of profit from it too

[@ariennedaoust3301]

how does this mining work, I saw an ad last month about it, please can someone put me through

[@Je.rone_]

This video is worth a lot of money

[@moneygrinds4216]

Dude your everywhere i go

[@moneygrinds4216]

I stereotype you as being from the poor side of town but I definatly am. We out here tryna get some bands

[@davidcraig7771]

Money Grinds definitely

[@JSolomonOfficial]

Question at 0:54

[@loplo8388]

Lowest Price relative to the dcf in the Future how can i calculate That

[@RyanAnthonyDigitalMedia]

So, their advice is to go back to the 1950’s & invest in small businesses with flawed pricing models... got it.

[@Schoolstuffs2011]

Ive found 2 stocks that went up 50% and over 100% in last 3 months! It is doable :) granted the rest of our buy and hold portfolio has taken a hit from covid. So we are probably up only slightly as a whole since covid started

[@sirbellamo]

ACB made huge gains, its possible

[@MeetYourArchitect]

@@Schoolstuffs2011 Yea its easy to spot them but not easy to have the balls to go all in on them. You never know! You can read the papers, go through the sheets but still, you'll never know whats going on on the background in that business unless you are a major stake holder, at least more than 5%.

[@enjoijamesx]

@@Schoolstuffs2011 I made around 9k when tesla stock went from 150$ a share to $980 a share.

[@Schoolstuffs2011]

@@MeetYourArchitect yeah, i try to avoid businesses which are hard to judge for that reason. Some have financials that are easy to read and easy to extrapolate. But if you are dealing with a mining company or a contract heavy company the business chops and changes so rapidly it is hard to tell its profitability.

[@talkingrefugees3845]

10 k in 1951 = 100k in 2020. Small amount (s)?

[@julieta203]

Randolph and Mortimer Duke

[@MASH6666]

Two investing geniuses

[@xa2148]

15k is a small tiny tiny amount of money according to Warren Buffet

[@viniciusalmeida9754]

If you have small amount of money, invest in your education and knowledge.

[@lilnotoriginal7850]

dont

[@brucehades6323]

No lmao, college is a joke. The entire education system is a joke. Learn a skill. Any skill. Preferably in technology or auto technology. Anything technological at the software or hardware level. From there, learn. Learn as much as you can and progress and learn even more.

[@viniciusalmeida9754]

@@brucehades6323 where did I mention college? I'm not necessarily talking about the "traditional" education. Education/knowledge can come from different sources.

[@viniciusalmeida9754]

@@lilnotoriginal7850 without knowledge you can't do anything properly. Not even invest in the stock market, if that's what you want.

[@BoyBlessing]

1:13, what does he mean by “discounted cash”? Can someone knowledgeable please explain to me?

[@charleyirons4000]

Discounted Cash Flow. It is a financial concept. Basically it means totalling the expected future cash flows of an investment "discounted" to a present value. The theory behind the present value is called the time value of money. You could find some cool stuff if you google it that will go much more in depth

[@smoketea4375]

6:02 it could not be more current, this aged very well

[@ericwango]

Lol so true, people now invest their money based on hope, expecting easy money.

[@scsi_joe]

If I was in Buffett's position I probably would have cashed out long time ago and just put my money on interest and live off that. He must really enjoy what he does to still be in the game.

[@surajpatil7242]

Yes

[@disguy1801]

Exactly the reason you aren’t Warren Buffet

[@scsi_joe]

@@disguy1801 fine, I'll re-word that:. If I was in Buffett's position*

[@npip99]

He is the interest lol. If you don't have people participating in price discovery and financial analysis, the stock market wouldn't return any type of consistent money money, a $200 stock might only return $1/yr or a $50 stock might return $50/year and you'd basically just be gambling on which one is which unless you do the research yourself, or have people like buffet working so hard to make sure that every stock out there is priced fairly.

[@konstantinuzhinsky6494]

Interest doesn't pay anything, especially at a time like now. His dividend stocks pay him a few percent, which is much better than the current interest rates.

[@MohammedAli-tf8xp]

I thought I was tripping but these two geezers look so alike

[@McRuffin]

A lot of comments on this...I think he calls that amount of money small because he is comparing it to how much he has to manage now. So 15,000/160,000(adjusted for inflation) is not that much money.

[@InvestorCenter]

I wish Charlie would tell us what these “obscure” stocks are that we can get 50% a year in

[@everready2903]

Amazon

[@tomlxyz]

Simply getting mentioned would probably make them temporarily sky rock in value due to demand being so high and then get back down more reasonably again, most people not getting anything out of it. The key strategy of buffet is going for something that is not seen by everyone

[@aerialexplorer772]

@@tomlxyz That's a good answer, and actually gives an insight into a big secret of stock market investing. Which is that you are not investing in companies, so much as you are investing against other investors.

[@InvestorCenter]

dropout0110 I am familiar with the company. What do you like so much about it?

[@aerialexplorer772]

@dropout0110 On a P/E of 30 looks expensive to me.

[@hoodoolem]

“Tiny tiny amount of money, I mean I was looking for companies I could put $10,000 into” This is America.

[@PeterS3316]

Well respectively, in the world of investing, $10,000 is a very small sum.

[@KidMillions]

He was already managing other people's money in a small partnership, mostly relatives at first. (mother, sister, aunt, father-in-law, brother-in-law, college roommate)

[@themaincheese5897]

Everywhere I look all I see is cry

[@erwina4738]

10k is not alot of money at all lol

[@akaakaakaak5779]

Corey Lazenby or 40% of the average salary in the UK

[@aero_singh]

How to ask for money from parents for investing in stock markets?

[@crk140]

Very wise men