Warren Buffett explains why Berkshire reduced its big Apple stake

[@Jayj0214]

For all of you saying he sounds frail or or rambling …keep in mind his 93 years old …Not many can stand up to a live interview and talk the way he is doing at 93 …there is wisdom in his speech

[@onryrd]

Agreed. My grandmother, who is 93 years old, barely recognizes anyone in the family anymore.

[@CryptoAshkn]

​@onryrd yes even early 80s we had similar situations

[@twerkfromhome]

Kiss his balls

[@sylphsh]

I just felt a little sad that there isn’t a rejuvenation potion discovered or innovated that could make people live healthier for longer. I just have to convince myself human are somehow programmed to live approx. 90-100 years, and that’s it.

[@WeThePeople205]

The G.O.A.T

[@Dr_DeeDee]

He looks lonely up there all alone

[@thopham1107]

😢

[@matt.stevick]

😢

[@adilthescholar]

we are all alone in this world. Just take more time for some to realise this.

[@PrapullSharma]

Yup,

[@certifiedfinest5065]

@@adilthescholarsad and deep

[@jose2212-]

I watched the entire annual meeting of Berkshire Hathaway on tape. His position has been shifting since he started investing, and he's still in the game, which impressed me. I started following Buffett in 2019, and since then, I've learned a great deal from his approach to investing, which has allowed me to generate $20K in dividend income each month.

[@LuvmeRos]

When he casually brought up Charlie Munger, I was really moved. There was a great depth to their relationship. They've both been following me, and they've significantly altered my thinking about investing and who I should work with.

[@FrankPatrick-no8zo]

Would you mind mentioning a few of the concepts that most interest you?

[@DennisJack-km8ho]

My favorites by far are value investing and staying within your circle of competence or investing with someone who is competent. I'm a psychologist, so investing is not my competence, but I identify the best investors. The one I've worked with for the past couple years have made me more than $400k in net return.

[@alicegomez7232]

If it's acceptable with you, may I inquire with whom you now collaborate?

[@DennisJack-km8ho]

Monica Shawn Marti 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.

[@Skaahn]

Warren looks and sounds down, likely missing Charlie

[@MisterV0611]

Yeah he is different. Charlie is missing 😢

[@matthiass.7343]

mimmmiimimi

[@Nicole-yy1kn]

Definitely not the reason why he looks down and not kissing Charlie

[@brianly123]

To me it seems more like age is catching up to him. I mean he is reeeeally old

[@BeitBridg]

So down he wants taxes raised on those he will leave behind when he is gone wth

[@bobbymainz1160]

I already own shares of PALANTIR, TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less.

[@alexyoung3126]

If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.

[@jameswood9772]

...I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@williamyejun8508]

Please will you be kind enough to share the details of the man that helped you?

[@jameswood9772]

Her name is. 'Amy Desiree Irish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@williamyejun8508]

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.

[@InvestorCenter]

This meeting is the Super Bowl for those of us that love investing

[@SteeLHorseNomad22]

@@design_actual Learn from the older people around you homie, it will help you avoid the same mistakes and you might do better in life with the do's and dont's in life.

[@twerkfromhome]

Here’s a tipi idiot, be born wealthy.

[@michaeldiambrosio9800]

​@2wheel_freedom why listen to these old boomers lol?

[@SteeLHorseNomad22]

@@design_actual My comment was on your " old people " remark. Didn't know you were in such bad shape, but ask your self why your friends are doing better than you. Take steps on bettering your situation, not on hating on generations with useless remarks. I know plenty of younger millennials who are doing just fine and some doing better than me. PEACE !

[@user-ys8dc2ni8z]

Nah. Its extremely boring

[@Donaldsmith109]

AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[@ticynara1]

I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.

[@gracegomez109]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@Lettyogle]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@gracegomez109]

BONITA JEANETTE RODRIGUEZ is who i work with and she is a hot topic even among financial elitist. Just browse, you’d find her, thank me later.

[@Lettyogle]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@namokim]

Conclusion: WB wanted to increase his cash position. One reason is gains tax at 21% is relatively low this year, and it could go up in the future. WB said at one point in the past, it was 52%. So, he sold some portions of his largest investment, Apple.

[@ericmorrison8772]

no, berkshire hathaway is exempt from paying any capital gains taxes

[@watchin-stoof988]

@@ericmorrison8772what? No one is exempt

[@saravpreet100]

@@ericmorrison8772why would they be exempt? Only reason they would be exempt is either they are a flow through entity or a non profit organisation which I don’t think is the case. And WB Himself said in the video take a listen

[@jeffevey5763]

Exactly… took a little while to get the answer :)

[@ukulayme2]

How does selling Apple get him a lower tax rate?

[@hullbruce]

Stop with the clickbait titles. I used to love the unbiased videos on whats really going on in the market. Crash fatigue is showing with most folks. My $200,000 holdings are down 7% after selling some APPL. This video leaves me some serious concern.

[@Jaymilnere]

Before making any investing decisions, it is advisable that you consult with a qualified financial counsellor. Just my two cents.

[@Angelavaldess]

@@Jaymilnere Investing is more than watching KZbin Videos and reading quarterly reports. Learnt this from reading Peter Lynch's book. They are people who do this for a living, use them to save yourself from the hassle. That's how I make money from the market to be honest.

[@Angelavaldess]

Investing is more than watching KZbin Videos and reading quarterly reports. Learnt this from reading Peter Lynch's book. They are people who do this for a living, use them to save yourself from the hassle. That's how I make money from the market to be honest.

[@hullbruce]

@@Angelavaldess I've been getting suggestions to use a market expert too, but where and how to find one has been challenging, Can i reach out to the one you use?

[@Angelavaldess]

Thank you but I don't do much on my own I just work with the Popular lady Alicia Estela Cabouli. She's been very helpful over the years. All of the information you need to schedule an appointment is on her web page.

[@Jamesjerome0]

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

[@MickyGlover]

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

[@kurtKking]

The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.

[@Owenra]

nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

[@kurtKking]

SUNITA SUZANNE BYG is who i work with and she is a hot topic even among financial elitist. Just browse, you’d find her, thank me later.

[@Owenra]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@drwho9437]

Translation: I am selling Apple now to pay lower taxes on the gains I have made. I will be buying more shares back later when it isn't a wash sale. I expect the US gov to raise taxes on gains to cover the increasing fiscal debt. In the past they have been more than 50% right now they are only 21%.

[@hijauorganik]

Thank you

[@Sylvan_dB]

When selling for a gain there is no such thing as a "wash sale." Sell it and buy it back immediately. Or buy and then sell immediately. The wash sale rule applies only to selling at a loss.

[@JohnVC]

Yeah that's basically what I'm hearing. He's saying that they buy the best companies, but they still treat investments like a business. They're just offloading in the short term but not necessarily changing their overall view of the company right now.

[@filipsevcik4902]

Thank you!

[@dannyhantx]

There is no wash sale on gains dude.....

[@Sylvesterhunter870]

I always predicted NVDA will overtake APPL, its an obvious bet that AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[@AmberHeardo]

I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.

[@NicoleAniston-o]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@AdamLevine759]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@NicoleAniston-o]

Melissa Elise Robinson is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.

[@AdamLevine759]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@A_francis]

I’ve had majority of my holdings in tech stocks making about 65% of my $800k portfolio and I've done pretty well, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?

[@RickWatson-xu6gw]

it might be difficult finding the next apple within the tech stock sector, maybe look outside of tech stocks

[@benitabussell5053]

Personally, I delegate my investing to an advisor, ever since suffering a major steep-down amid rona-outbreak in late 2019. As of today, I'm semi-retired working only 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments.

[@HarrisRyan-oy8eo]

who is the professional guiding you please? figured its best to seek guidance from a proper advisor in this uncertain times, cant afford to make mistakes

[@benitabussell5053]

*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find a webpage and necessary details to work with to set up an appointment.

[@EverlyndPerez]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@bhavena_001]

The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance

[@soosi123]

It’s a total scam

[@victoriaabott]

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

[@kurtKking]

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

[@AmithKaury]

The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.

[@Vivienedouglass]

nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

[@AmithKaury]

MICHELE KATHERINE SINGH 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.

[@Vivienedouglass]

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

[@DonaldMark-ne7se]

Warren frequently makes good arguments. But hearing from someone with his level of experience is also beneficial. Given that the majority of my holdings ($650K) consist of Nasdaq, Apple, and Tesla companies, his opinion or any other professional recommendations on what to do would be greatly appreciated. I entered the market early, but I'm not sure if I should sell or buy back at a bargain considering the status of the

[@kevinmarten]

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

[@JacquelinePerrira]

Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.

[@Jamessmith-12]

I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.

[@JacquelinePerrira]

Could you guide me on how to get in touch with your advisor? My funds are being eroded by inflation, and I'm seeking a more lucrative investment strategy to effectively utilize them.

[@JacquelinePerrira]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

[@angeladeem2988]

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

[@DanielOrstein]

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@annaj.osorio]

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

[@MagnusLarson-l1o]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@annaj.osorio]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@Robbertskypes]

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

[@ScottKnupp]

The most valuable part of his response was at 7 mins in, anticipating higher tax rates

[@billimew7496]

thanks for pointing

[@ukulayme2]

What did that have to do with selling Apple. I didn’t understand what he was saying

[@cubertmiso]

btw you can just write 7:00 and it acts as hyperlink to correct timecode.

[@apophisxo4480]

@@ukulayme2 Better to sell now at 21% than later at 31% or higher. Considering the over $32trillion debt and a trillion added every 100 days it seems likely that the government will be forced (regardless of party) to cut spending and raise taxes. Obviously that wouldn't be good for the economy, so by selling now, he's selling at a much higher PE and avoiding higher taxes on potentially lower stock prices.

[@nb6525]

Chilling 😬

[@FrancesRyan-b2p]

The economy is favorable to those who where able to get themselves into one investment or another, most people see investment as something big they can’t participate in because they’re too scared to venture into one. Today we have a lot of opportunities to invest in different commodities, stocks, cryptocurrencies and so much more but some people just sees this as a challenge and shy away from it

[@MarcosAlonso-wx8uw]

So true, thanks for bringing this up to my notice, the truth is this economy wouldn’t be so bad if people indulge themselves more with various investments rather than just depending on their stipends and savings, because the economy wouldn’t always remain as it was

[@HarrisonThomas-fx1qx]

It is good we acquire as much wealth as we can, most people fail to understand what it takes to become wealthy, they want to become wealthy overnight by thinking their savings will help them attain that, they fail to understand that investment is what truly builds wealth. I advise you all key into investing and earn side money than depending on your savings if you truly want to be wealthy

[@AlmedaKandemir]

Because of the economic crisis and the rate of unemployment, now is the best time to invest in crypto and make money 💯. But you have to invest with the right broker. Anyone here that Know more about crypto currency let talk more about it

[@SandraPatterson-di6xh]

There are series of distinct market phases that occur between the market peak and low

[@ShaniquaMcquiller]

Naturally, there's a lot of math involved in crypto/forex trading. but this is often presented in forms of daunting technical charts, indicators, patterns.

[@philipfletch]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[@RoseGuerra7862]

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

[@martinheaway]

I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential..

[@JaneClark7861]

I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?

[@martinheaway]

Amy Desiree Irish 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.

[@martinheaway]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Amy Desiree Irish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@CadeCowell-ft4fe]

I have a few questions and i'll be grateful if someone will reply. how can i invest in stocks? or how i can help to grow a portfolio? I want to invest around 140K cash savings. What are the best strategies?

[@Oliviathe17th]

Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.

[@MalikTillman-dy2qp]

Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

[@MalikTillman-dy2qp]

Yeah, she is Jennifer Leigh Hickman, look her up. Anyone is free to contact her.

[@Greg-vn9zi]

Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!

[@dsastre88]

Take all the money and put it in an ETF tracking the SP500. Strategy: split the money in equal installments (lets say $5000) and you define a range of time until your next purchase, let say every 2 months. That means that every 2 months you but $5000 of the ETF without looking into the news, or if the economy is down or up, you are just averaging the price u pay and betting that the US economy will do fine in the future, as it has been the case so far.

[@tonysilke]

Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA.

[@Dannyholt33]

I bought into NVIDIA around September because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my green market return last year.

[@PatrickLloyd-]

That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see.

[@mikeroper353]

One of my goals is to employ the service of one this year. Could you recommend who it is you work with?

[@PatrickLloyd-]

Sharon Ann Meny is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@mikeroper353]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@sirheisenberg4459]

The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.

[@belobelonce35]

According to Warren Buffett, dividends are less valuable for growing businesses and more suitable for established ones. Investing in companies that offer dividends might be seen as parking capital for steady returns, especially for those relying on portfolio income. This approach resembles bond investing, serving as a means of generating consistent earnings.

[@Tanner-c2m]

This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@PremSteve-yg4de]

Talking about advisors, do u consider anyone worthy of recommendations? I have about 100k to taste the water now that large cap stocks are at a discount... Thanks.

[@Tanner-c2m]

"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.

[@antoniaribeiro8073]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@Raymondcraw1967RaymondCrawley]

I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

[@FaithAndrada-xo9ou]

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@BrewerVera]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

[@AndersonFair-cy2bb]

This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation

[@BrewerVera]

I've been working with ‘’Rachel Sarah Parrish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, Look her up.

[@AndersonFair-cy2bb]

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.

[@Jayraymond897]

Buying Stocks or Gold are the absolute best hedges against hyperinflation.

[@Jerryrollins78]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@Jayraymond897]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing in stocks is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@JosmyAlzaeem]

Market fluctuations have frustrated my previous attempts at stock/crypto investing. Ready to pivot to passive income, I'd love to learn from your journey. Share your expertise and guidance, and help me overcome my past setbacks to achieve financial stability and success

[@Jayraymond897]

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

[@Jayraymond897]

If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor *Tracy Britt Cool Consulting*

[@malejo7807]

This might be the last time we see Warren Buffet. 🙏 The greatest investor of our lifetime.

[@joachimmerz4379]

I think so

[@AnkurVarsheny]

This annual meeting didn't feel like any before without Charlie.

[@Andygb78]

Yes, it's sad. Having seen numerous clips of Warren & Charlie and the great rapport they had together from the Berkshire shareholders meetings of the past, this is sad to see. It definitely has an end of an era feel about it.

[@WigglyCoop007]

It was genuinely sad to see him up there alone.

[@Martin_Edmondson]

I would enjoy seeing Warren while you can, sadly there will not be many more..

[@emilyburton-h2l]

I want to diversify my portfolio worth around $200k, i'll be buying some Tech stocks, what are some new gen stocks i can add to my portfolio to get reasonable increase and protect my future

[@NicoleWillams-d1q]

i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market.

[@margie-b2v]

Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

[@ashleybarlowe-q8k]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@margie-b2v]

Monica Shawn Marti is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@ashleybarlowe-q8k]

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

[@mniay]

I think take his words with a grain of salt here. He won't explain why because he is perhaps still in the process of unloading. He'd be doing his shareholders a disservice because his words carry so much weight and will move markets which in this case will cause his shareholders to lose gains in his process of unloading Apple. I personally think it is because it isn't as sustainable a business than Coca Cola and American Express. Apple is largely dependent on their iPhone as service revenue hinges on the number of iPhone users, but as a tech product, is something consumers are more willing to switch if an alternative is present (especially given the lack of innovation in recent years). Here in the US the alternative is pretty limiting (mainly Samsung) but if you look at China where there are quite a few alternatives (Xiaomi, Huawei) it has started eating into Apple sales.

[@stevelevine3008]

LOL ‘Apple isn’t a sustainable business’ - maybe you should take a look at the gross margin expansion for a company doing over 400B in gross revenue a year. And you know maybe the greatest business ever with the most successful consumer product ever that has been around now for 4 decades with a deep bench of executives that have been there for over 20 years. Also keep in mind Berkshires stake is now 135B. AAPL is doing a 110B annual buyback now- thats almost the entire Berkshire stake in cash. But obviously not a sustainable business with an extremely sticky ecosystem with a record number of connected devices every single quarter. Oh, and for you all that they don’t spend on R&D- they spend as much as GOOGL and don’t have the CAPEX outlay for building a cloud service business.

[@user-kg1od9es5d]

@@stevelevine3008 lol indeeed. APple has so much cash. soooo much fcking cash its insane.

[@Omariau]

​@@stevelevine3008they are not growing anymore. Everything is stagnating and there is no prospect of squeezing out more net income of other innovations. They’re late in VR and late in AI. What’s the point of keeping Apple if they don’t grow and they don’t distribute sizeable dividends. And don’t mention buyback because it will do is just delaying Apple inevitable stock price crash.

[@john0094]

I would disagree somewhat, because in India having an iPhone is considered an achievement & even people who earns less are keen on buying them on emi(even if it costs them half their monthly salary).

[@paulnumbers]

Yup, I'm left non the wiser by his rambling answer. maybe we'll never find out why at this point

[@NicholasBall130]

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

[@LiaStrings]

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

[@StacieBMui]

Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.

[@cowell621]

this is incredible! how can I vet your advisor, mind sharing info, if you please?

[@StacieBMui]

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

[@BateserJoanne]

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

[@andrephillips7764]

Man I’m sure he misses Charlie, he still talks about him like he’s alive.

[@cryptobull738]

So true

[@VeronicaOlivers]

LOL, guess even Buffett gets cold feet sometimes! Here I am with my $332k emergency fund, thinking I need a headstart, and meanwhile Berkshire is trimming Apple. Maybe I should just throw it all in crypto and hope for the best 😂. But seriously, anyone else feel like this market is hard to get into, or am I just late to the game?

[@SilvesterMiles-y4j]

Totally get where you're coming from, but don’t sleep on those opportunities. Buffett’s playing chess while the rest of us are playing checkers. Honestly, I’d recommend getting a solid investment advisor-I’ve been working with one for a while now, and it’s been a game-changer. Definitely worth the consultation fee!

[@blissds-gi3mb]

I hear you guys! Been sitting on my own savings, but honestly have no idea where to start when it comes to finding the right advisor. Feels like a maze, and I don't want to pick the wrong one. Any suggestions on how to find someone legit?

[@SilvesterMiles-y4j]

There are a handful of CFAs out there. I’ve experimented with a few over the past years, but I’ve stuck with ‘Linda Aretha Reeves’ for some time now, and her performance has been consistently impressive. She’s pretty well-known in her field.

[@VeronicaOlivers]

Just looked up Linda Aretha Reeves-she actually seems like exactly what I need to kickstart my financial journey. Thanks for the tip!

[@CharlotteJacobsons]

Watched Linda Aretha at the Bloomberg Finance Summit a few years ago-her presentation was 🔥! Definitely knows her stuff!

[@Benedictrud]

3 years ago, I started investing with $300k, but I've only made about 6% total, or 2% per year, which my friends say is very low. I also put $800k into a 401k with a financial advisor, and it's now worth about $1.2 million after 10 years. I think I need to revamp my portfolio. Any advice on what to do with my money would be greatly appreciated.

[@Adambarking]

I don.t really know your risk tolerance or asset allocation, sounds like just bad stock picking. Also unclear if the advisor is providing any other value via financial planning or other decision making. But likely scenario is just bad stock picks. Index funds, Etfs and chill.

[@AmithKaury]

You should definitely fire your advisor! That's a bad financial advisor. Over 50 years of data reveal that those who work with fiduciary advisors typically earn more than those who go it alone. I've been fortunate to work with one for 6 years, resulting in a $3 million portfolio.

[@rachelonigirl]

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@AmithKaury]

Her name is. SUNITA CHACHY JOSEPH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@rachelonigirl]

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

[@JennaHerberholz]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@EmilyMartinezE]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@roberttheodore9789]

Yes true, I have been in touch with a brokerage 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.

[@harryalexander6340]

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

[@roberttheodore9789]

My CFA ’Melissa Jean Talingdan’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@harryalexander6340]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you.

[@donaldwayne7023]

Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE

[@EthanBrown_23]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@debbygradley25]

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

[@Angelinacortez495]

This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.

[@debbygradley25]

'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.

[@JenniferDavis7630]

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

[@michaelngfinance]

He isn't even done selling Apple shares. For now, he is not going to say anything bad about Apple.

[@valetudo1569]

I've also noticed he doesn't like to mention why he sells certain stocks, especially since its still his biggest position of common stock... bc he knows he'll tank it. I've seen him tip toe around these questions before

[@TroaTravis]

​@@valetudo1569 he talked about capital gains tax increases, so if he wants Berkshire to have more cash on hand, now is a good a time as any to do it. Especially since Apple is in a stock buyback mood right now.

[@MobBarley00]

Of course. He is Buffet, not stupid!

[@darrenprior6339]

You must be rich as a prophet

[@BusterDarcy]

So you think he’s up there straight up lying to his investors?

[@ErikKlaasenDad]

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

[@ErikkaCunham]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@PierreBailey3]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@StalinUndav]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@PierreBailey3]

Elisse Laparche Ewing 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.

[@IsabelConchita]

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.

[@Bridget-l7p]

I've been hesitant to invest in the present market, but I believe it's the greatest moment to get started. I heard one person talk about making over a million dollars with $300,000 in cash, and I'm left wondering what talent and plan would yield such a return.

[@trazzpalmer3199]

Avoid hasty decisions based on short-term swings. Prioritize patience and a long-term perspective, and most importantly, seek financial advice to make educated purchasing and selling decisions.

[@DavidLucas-so8rr]

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 $235k to $690k despite inflation.

[@Bako-b8j]

Please who’s this consultant ?

[@DavidLucas-so8rr]

"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

[@RobertBrown..]

She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.

[@TheCosmicDrama]

Warren Buffet, a true gem. Such a great man. Wise well beyond his 93 years of age.

[@thopham1107]

Doesn’t he look older and lonelier? No cheery air like when Charlie was there.

[@GK-qc5ry]

He seems older and his voice sounds more frail.

[@justincarrizales1206]

@@GK-qc5ryseems older? Bro he is 93 😂😂

[@Nicole-yy1kn]

Yeah he is older no it has nothing to do with Charlie who was half alive the last time

[@Neonb88]

He might have just had a cold

[@sirus312]

@@justincarrizales1206lol this, the guy is in his 90s. Give him a break lol

[@MD_Wisdom]

Allow me to translate, he’s selling a big position because he’s anticipating higher taxes in the future. He says people pay too much attention to taxes, but that’s exactly what he’s doing. Follow what they do not what they say.

[@Nicole-yy1kn]

So don’t sell? Because his sold a very small percentage of apple

[@damnthisuser]

I agree with follow what they do not what they say. However, I think he's right not to advise investors too focus on them because the gains are what matters

[@shadowrunner138]

You're completely ignoring the context. Berkshire Hathaway was happy to pay taxes. "If 8 other companies paid their share, no one else would have to." People pay too much attention to taxes, as in, they overly concern themselves with how to avoid them.

[@removechan10298]

THANK YOU! also his #$%^&* idiotic "if 800 more companies did this", the guy is innumerate - there are 27 companies (2013, old data) with revenues the size of that tax bill, let alone larger.

[@Numb_]

🎯 Key Takeaways for quick navigation: <a href="#" class="seekto" data-time="0">00:00</a> *💼 Berkshire's Approach to Investments:* - Buffett views stocks like businesses, not just tradable assets. - He emphasizes the importance of understanding businesses when investing. - Berkshire intends to hold long-term investments, such as Apple, Coca-Cola, and American Express. <a href="#" class="seekto" data-time="178">02:58</a> *📚 Influence of Benjamin Graham's Philosophy:* - Buffett's investment philosophy is influenced by Benjamin Graham's book "The Intelligent Investor." - Graham's principles emphasize treating stocks as businesses and focusing on long-term value. - Buffett's approach aligns with Graham's emphasis on fundamental analysis over market speculation. <a href="#" class="seekto" data-time="329">05:29</a> *💰 Berkshire's Tax Policy:* - Berkshire willingly pays a 21% federal tax rate on gains from Apple, highlighting its commitment to tax contributions. - Buffett predicts potential future tax increases due to current fiscal policies. - He expresses the importance of tax contributions for the country's economic stability. <a href="#" class="seekto" data-time="483">08:03</a> *📈 Fiscal Responsibility and Tax Contribution:* - Buffett stresses the significance of substantial federal income taxes paid by Berkshire. - He highlights Berkshire's contribution to the federal government, citing over $5 billion in taxes sent last year. - *Buffett encourages other companies to responsibly contribute taxes for the country's benefit.*

[@dev_raga]

At 93, this is incredible and admirable.

[@InvestorCenter]

Like this message if you miss Charlie 😇

[@chiquita683]

You either die a hero or live long enough that everyone realizes you're swimming naked - Munger

[@ognacyyoutuification]

it so sad to see Warren Buffet without Charlie Munger on his side. Just read Poor Charlie's Almanack - and can't recommend it highly enough.

[@Comexcyc849]

Use a dead person to gain likes for yourself, shame on you

[@TheWalamala]

No

[@Danpron109]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

[@kigletmary56]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@gracegomez109]

very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

[@gracegomez109]

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

[@gracegomez109]

Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@GK-qc5ry]

Warren's voice sounds more frail.

[@jt9947]

maybe he is trying to start smoking

[@lawron2]

Charlie was a good man. WB missed his long-term business partner 😢

[@JackKen649]

Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?

[@justinnicasio1306]

Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people.

[@Paulakanyutu]

I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.

[@drinkkatie1395]

To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!

[@MelanieJuliette305]

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

[@ZeeMatthias]

I think I want to try out a financial advisor, but the amount of information on the internet is overwhelming. Could recommend any good one(s)?

[@sarawilliam696]

I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.

[@PatrickFitzgerald-cx6io]

Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k

[@NicholasHarmon-ow3jl]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.

[@Justinmeyer1000]

I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@NicholasHarmon-ow3jl]

I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@Justinmeyer1000]

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

[@aliwehbeh8212]

I cant but admire the character of the goat; despite the absence of his long time partner whom we missed dearly today, he spared no occasion to mention Charlie and I; as if Charlie was sitting there right beside him - this tells alot about his character - what a legend

[@Nicole-yy1kn]

Who said he is missing him greatly

[@SeparadoresAtecon]

Sounds to me like the first part is the real reason, we look at apple as a business and market as a servant not as an instructor, means the market has to richly priced apple stock and its no longer in line with its prospects as a business

[@hannahbrownnn]

I've admired top investors' ability to build wealth through savvy investments. Now, with $545,000 in hand, I'm weighing my options. Should I invest in stocks and potentially benefit from economic growth, dividend income, and diversification? Or should I wait for a more favorable market?

[@allisonbutlerj]

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.

[@JanAlston-kd6yl]

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

[@calvinlewis-h2]

I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

[@TWN321]

“The market is not there to instruct you… but to serve you…”. Facts

[@brianwhitehawker1756]

To enhance our long-term investment mix, my partner and I are introducing a range of stocks and ETFs. We've committed $220k initially, with a particular emphasis on inflation-protected bonds and businesses demonstrating robust cash flows. I see potential for enduring growth in the current market, yet I'm also keen to explore strategies for generating short-term gains.

[@Jadechurch-ql3do]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@yeslahykcim]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@BerryRyan-gl3sm]

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

[@yeslahykcim]

Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@geraldt331]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@TheDrunkenGrape]

what a brilliant man and such an icon, doing this at 93 years of age is incredible

[@traviswes7082]

I recently sold some of my Nvidia stocks to secure profits, but I'm retaining a portion for the long term, its growth potential is robust. I'm also considering diversifying my $400K stock portfolio, but I'm uncertain about managing risks in my next move.

[@Patriciacraig599]

When diversifying, spread investments across sectors and assets to lower risks. Research and consult a financial advisor for aligned decisions.

[@tommychestnut5335]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

[@PhilipMurray251]

That's impressive! I could really use the expertise of this advsors.

[@tommychestnut5335]

Kathleen Cheryl Constantz 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..

[@Alejandracamacho357]

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

[@justinsmith2227]

He's 93 and Mr. Buffett still looks great! love this man

[@nicholasstearns5551]

I miss Charlie :(

[@guydreamr]

I think Warren does too 😢

[@geoms6263]

@@guydreamr Matthew 16:26 For what will it profit a man if he gains the whole world and forfeits his soul? Or what shall a man give in return for his soul?

[@guydreamr]

@@geoms6263 Which is relevant how?

[@michaelbodine6142]

yes HE DOES, & avoiding foreign risk factors. I would rather be paying taxes in Nebraska or Kansas, than (Finland).

[@michaelbodine6142]

​,,, THINK over 20 to 30 years what you build and SERVE rather THAN what you spend. Warren Buffett checks won't bounce.

[@nickyclabbers8084]

Bless him he just lost his best friend. Still giving droplets of gold. He cashed in a bit to keep the company going through hard times. Well done warren.

[@cesarmurph]

Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...

[@ThePatrioticAmerican4L]

It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing....

[@JosephMartin7226]

i've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free...

[@theTeslaking]

@@JosephMartin7226 bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@JosephMartin7226]

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

[@CHRISTIAN-MYERS]

Well-done. Vivian Carol Gioia appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.

[@JordanJesse857]

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

[@Francesjean432]

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

[@ZahidTaimoor95]

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

[@RandyVincent808]

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

[@CharlotteNatalie-rt1gj]

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

[@LucasSmith715]

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

[@slimpickens8589]

In Summary, Warren is saying the US Govt is spending like a drunken sailor and eventually this outrageous spending will need to be paid for through a higher tax rate. He's happy to pay a 21% tax on his Apple gains now than having to pay a higher tax rate down the road.

[@korewest]

Had to sort through a damn army of bots before I found this useful summary. Thanks

[@OGCrypto33]

gotta admire the guy. he just plods along doing his thing causing no drama.

[@Beatricegove733]

I've been eye balling a couple Tech stocks and APPL for a while now. I own no TECH stocks in my portfolio and I want to make that addition to my portfolio or is too late? I currently plan to budget about 500k in savings lying waste to inflation.

[@Justinmeyer1000]

I find it more productive and safe to buy growth/blue-chip stocks rather than tech stocks. However, It's advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.

[@brucemichelle5689.]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024

[@KaurKhangura]

Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

[@brucemichelle5689.]

She goes by '’Aileen Gertrude Tippy’’ I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finances, but so glad I did!

[@KaurKhangura]

I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff

[@ahmedelkoussy1769]

Love how he is saying we sold to avoid possibly higher taxes that might come soon - but we love to pay a lot of taxes to help our people amazing, isn't it? :)

[@maalikserebryakov]

Schrodinger’s buffett lol

[@2coolartsmusicmom572]

He only sold 13%...he trimmed...which he said he never does. He usually sells all. He probably did it this way to minimize tax.

[@ChaceBonanno]

Minimize the tax rate on a small portion? Doesn’t make sense, it’s such small savings relative to their AUM/net worth. Sold to have more cash? Doesn’t make sense when they have so much cash relative to their net worth.

[@csuporj]

@@ChaceBonanno Probably two reasons: 1) He thinks that 2009 is repeating soon, so we are near the maximum. When he bouth Apple, the P/E ratio was much better than now. 2) He anticipates a rise in the taxes after the election, thus he wants to pay the taxes before. 1b) or 3) He wants cash to buy shares at the low, if 2009 repeats. He cannot sell all at once, as that would reduce his selling price. Who buys that much at once?

[@TedHZhang]

No Charlie 😢

[@b.r.8528]

misleading title because he never mentions once why they sold part of apple.

[@YTBeyondBorders]

he cant say apple is getting stale and thats why he is selling. if he cant sell it at good price, its bad for berkshire shareholders. he owns a big part that getting out is not very easy

[@jaym9846]

He said sell at the top, buy at the bottom.

[@Ramonsito1]

He DID say the reason: you won't mind if we sold a few shares of Apple, when BRK has to pay 21% tax now (whereas, if we hold and sell at a later time, we'll likely have to pay a higher percent); also, we are raising our cash position at this time of uncertainty (implied: economic, geopolitical), etc. He DID reveal at least two reasons. He ALSO said that he believes that Apple will nonetheless be BRK's largest equity position in the not too distant future. Perhaps listen again?

[@fahadgilani7817]

He did in the last 10 seconds of the clip. He expects taxes to rise and so he’s interested in increasing his cash position for now (to buy cheaper later).

[@boomclash101]

He said he sold because it's a business. Meening there is no emotion just taking profit. And I believe he didn't sell it all.

[@MuradSamadov-n6i]

I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow for retirement?

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You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.

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[@RusuSilva]

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[@RossiPopa]

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[@RusuSilva]

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[@nothimbutbetteractually]

Warren Buffet, just said corporate greed is real. He'll hand over the 5 billion now than what the total would be next year with a higher capital gains tax possibly coming. I know it's a complex system, but props to the man for not hiding the truth. He's a credible man, he's being transparent and we should listen. RIP Charlie.

[@jayjason423]

that means we need to win this election at ALL COSTS

[@drarunaj]

Felt sad when he said *'Charlie and I'*

[@ncprealty3844]

Warren will never stop talking politics under the guise of taxes.

[@shaniarain650]

80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.

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It’s important to do your own research and consult with a financial advisor before making any investment decisions.

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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

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[@arthurdean7224]

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[@arthurdean7224]

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[@Игорь-э7о4х]

The guy is like Putin: - why did you do this? - let me get you through history lesson for couple of hours...

[@velox__]

this guy is like any other old guy

[@rdsethi]

Gosh Warren sounds so different in this call than the previous ones. He just doesn’t stop at all, usually he is concise and to the point

[@GeorgeSkinner-564]

Is this a good moment to make stock investments? I am aware that equities are inexpensive, but when will we start to see gains? It is true that there are tactics to be applied in this market, but are they available to the common individual, thus would it be better to place my money elsewhere?

[@JosephScheiber5]

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[@Lumencraft-]

Answer: :Building our cash position". Sounds like taking some profits, to have cash on hand for a buy opportunity. Also seems to suspect a tax rate increase in the future.

[@louislong1514]

He spoke for 9mins and didn't actually answer the question

[@magalengo]

Lawyer speak. Say a lot of words without saying anything concrete.

[@trevorjones3530]

Well...If you take out the...aww...uhh...mhm...you can hear that he ist not so convinced about Apple anymore.

[@almac9203]

​@@trevorjones3530 he mentioned realising the gains on Apple stock at the current 21 percent tax rate as opposed to a projected higher future rate.

[@alexandersanchez6337]

I heard quite clear that he is afraid of future taxes

[@almac9203]

@@alexandersanchez6337 thats correct. The current tax rates are low by historical standards so he is taking advantage of that before they rise.

[@ebrael]

He recently has said that there's no great opportunities currently in the market, shows how large is BRK standing cash position. Then, he goes there and sells an "even better business" than all others BRK owns. He clearly circumvented the question to not answering it.

[@magalengo]

Yes, he could have bought a ton of Google over the last 2 years and made close to a 100% profit. Instead he makes a real return after inflation of about 1% on treasuries. 🤔

[@mjmf1430]

That’s a very, very, very long windy answer why Berkshire reduces Apple shares. Basically he seems to be suggesting he has less confidence in Apple (for now), the rest is just rattling on and on 😅

[@aN0nyMas]

need to keep watch for the next quarter. in case they keep selling 5% every month.

[@GXR-TRADING]

Warren, a true warrior and go up still in shareholder meetings. Dedicated to his passion. Yeah Munger passed but we will all pass one day. So enjoy the most as you can, we are just in a trip on earth.

[@md8473]

i was there.. Charlie got a standing ovation.

[@Shieldbiter1000]

It's weird not to see Charlie there. You can tell that Warren misses Charlie very much. I'm sure we all miss his humor, wit, and great wisdom.

[@jasonstorm2118]

Have thought of going into cryptocurrency trading Investment lately, I often wonder how top investors are able to become millionaires off investing. I do have a capital to start up but I have no idea what strategy and direction needed to get started that will enable me make decent returns.

[@kateburns2635]

Invest if you actually want to be wealthy. However, you should get guidance from a financial advisor if you want to create a successful long-term plan....

[@johnmilestone6211]

Try Bitcoin price prediction

[@johnmilestone6211]

Venturing into trading require adequate orientation from a reputable professional broker to minimize losses and accurate signals.

[@helenmike4763]

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed.

[@christenmadison260]

Amazing, But getting one is easier said than done. If it's not too much to ask, do you know any legit ones?

[@willl9883]

remember tim cook is in the audience you don't sell 113 million shares of Apple for "tax reasons"

[@mccflo99]

As he nervously rubs both his legs and knees under the table immediately after the question about his dumping Apple stock so as not to trigger the stock tanking before he unloads the rest of his position. Warren is smart.

[@user-kg1od9es5d]

nonsense. hes trimmed.

[@AnsonLoo]

tax rate is the key, now im thinking the many will start to sell on profit to take advantage of current low tax rate especially many have made huge gain from the run up since 2023

[@paulgilliland2992]

He just waffled on with a 10 minute monologue in lieu of yes or no but he’s definitely showing his age.

[@Alexander-dr4mw]

Two things: First, Apple was always Greg's choice and his convition. Second, Warren never gives away decisions directly. At 5:41 he basically says those stocks are very overpriced and Berkshire decided to build cash positions, to buy up companies at a better price later, meaning he (and Greg) thinks Apple is overpriced to it's performance.

[@jimson3785]

Needing a yes or no answer is a you problem. Learn to read between the lines. He explained precisely why he sold. He prefers cash over equities at the moment because he believes the government will raise taxes, so he sold now to take advantage of the current lower tax rate.

[@George-f8h]

That's a long winded answer. I still don't know his reason for selling Apple. The way he stumbled out of the gate with his explanation @ <a href="#" class="seekto" data-time="51">0:51</a> makes you think, "uh oh".

[@andrew2469]

to save money on the taxes he would pay if he sold apple in the future, lets say after 2024...taxes going up no matter which president gets elected

[@djayjp]

Soooo why did he sell some AAPL...?

[@jays5926]

It’s a dying business with no clear AI framework . Apple has very poor cash management , now spending 110 billion in buybacks at a time when other big tech is spending equivalents into AI

[@djayjp]

@@jays5926 Well it's a hardware and services company, but yeah once AGI and competent robotics come around in the next couple of years nothing else will matter.

[@removechan10298]

dodge taxes, then lie claiming he loves taxes, then lie saying he pays 21%, when he paid 8%, then lie further saying "if 800" other companies did that. they produce nothing. they help nothing. they make earnings from other people's losses. they are parasites.

[@liqritrs8391]

@@jays5926and how exactly is anyone monetising AI? Does anyone outside of nvidia who is selling the data infrastructure have a run rate of more than $5bn in revenues from AI derived investments? No, they don’t.

[@borishahaha]

I struggle to believe the reason he sold shares in apple is because the impending tax increase. But it is also a strange sale considering the nearly 200b in cash they are sitting on.

[@magalengo]

Yes, the stock portfolio moves over the last decade have been nonsensical. Selling Costco, selling the airlines at the panic COVID low, and many many other bad decisions.

[@stevethebot]

It's so sad to not see Charlie up there with him.

[@minimad8793]

I hope this guy, being the age he is, will step back at some point this year from public speaking and pass the reins onto someone he trusts. A great guy and still working so hats off to him.

[@AnalystOfGaming]

Basically what he's saying is he sold Apple because it no longer meet his investment criteria

[@cscrignaro]

Wtf were you hearing? He sold because they want to increase their cash position and now's a good time to do it with the fed tax rate at 21% as opposed to 51 or 39 in previous years. With the election around the corner they are anticipating overall tax increases with the state of the deficit regardless of who is elected. It's not to avoid paying higher taxes, it's to benefit their shareholders further and have a bigger war chest ready for their next purchase.

[@CSqrdX]

Not what he said at all. Quite the opposite.

[@friednoodlee6599]

Its so unusual watching Buffet without Charlie besides him

[@Dukaamoses]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I'm up with 244k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

[@Miaisabelle-yk6rd]

yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too

[@LeeWalton6]

His ability to utilize Ai to maximize profits in the stock markets is just amazing, I bet you will be amazed at the level of his efficiency

[@Karagoldberg7]

{}That's true I know Barymoer. I met him at a conference in New York in 2022 where he introduced us to his business strategy, he helped me cover my student loans with ease and so many more to be mentioned

[@AnotherBrownKid]

so why did he sell????

[@kriterium123]

somewhat hard to follow his train of thoughts

[@xantiom]

Play it 2x