Advisors are like a casino. The house always wins regardless of what you win or lose.
@Baekstrom Жыл бұрын
"We were getting a lot of credit for being smarter than we were" Charlie keeping it real till the end.
@janpierzchala2004 Жыл бұрын
I do not follow Charlie's and Warren's advice...
@ecooled938 ай бұрын
@@janpierzchala2004 Okay
@vinichi3014Ай бұрын
Prob why ur broke and their rich @@janpierzchala2004
@JohnGlen502 Жыл бұрын
I bought Berkshire Hathaway for $21,542 on January 23 of 2018. It's now $37,846 up 76% but the S&P has gone up about 72% in that same time without considering it's dividend minus expense ratio. With a 1.3% average yield the same dates the S&P is up 82% in six years. The index QQQ is up 153% while paying some dividends. BH has never paid any dividends. Going back to 1965 BH has outperformed the S&P by a bit more than double but the stock market in earlier years was about paying dividends not focused on increasing the stock price, so moving forward it's worth playing with the numbers Warren's suggestion to buy index funds with the lowest expense ratios you can find seems like very solid advice.
@fortusvictus8297 Жыл бұрын
That is all 'summertime' data. If you expand out or even dial into just difficulty years QQQ is a horrible risk. Sure, risk is great when its great, but it doesn't have staying power and you will lose it all faster than you gained it. As you mentioned the current market philosophy is all about price which is manipulated with buybacks and other shenanigans. Once that stops or things get bad again the low side is greater than the highside when things are good now. Having triple digit potential returns means nothing if you can't realize them when your horizon goes from being far off to right now.
@JohnGlen502 Жыл бұрын
It's about time horizon for sure, but it is a different stock market today then when he started and he keeps saying they have so much money now it's much more difficult to identify a large cap company they would want to buy, compared to the small companies they bought when they were small. He is concerned about the commercial real estate market, inflation, and the overprinting of money. His recommendation remains the S&P if it grows huge in your lifetime then you can manage the downturns and siphon off the gains because it's just so large. Vanguard warns me we might have a 70% market drop they manage my account with index funds but have started to use managed funds in the retirement accounts. The world is a very troubled place hard to understand why the markets are so high but they printed a lot of money and most of that has probably left the pockets of the spenders and gone back to the the savers.
@byteme0000 Жыл бұрын
Love these two guys. R.I.P., Charlie. 😔
@Aubatron4 ай бұрын
Wow it’s been 8 months already since his passing. Rip
@maguilla Жыл бұрын
Large percentage of advisors only care about one thing , get as much money from the people. If you don’t know anything just buy the S&P500 total index fund
@HughButler-lb6zs Жыл бұрын
The problem with information about stocks is that when the individual gets this information, Wall Street already has it, and the damage is done. The individual investor is at a great disadvantage against Wall Street. I have called investor relations several times regarding investing in a company, and they usually couldn't be bothered. But fund managers get their attention.
@es330td Жыл бұрын
So you were okay in 2008 when the S&P 500 fell 48% or in 2020 when it fell by over 30%?
@maguilla Жыл бұрын
@@es330td Yes in 2008 I was buying nvidia, Microsoft, Altria , Kroger.
@HughButler-lb6zs Жыл бұрын
@es330td in 2020, I bought two oil stocks in a fire sale. I have made tons on both. I am positioned to pick up bargains next year if there is a recession and the market tanks. I do what most wealthy people do, and that is buy when everyone is selling. I am not wealthy, but am working on it.
@luckyc3926 Жыл бұрын
@@HughButler-lb6zs 💯
@HughButler-lb6zs Жыл бұрын
The one thing I do agree with Warren Buffet on is that retail investors should invest in index funds. Wall Street has information that retail investors do not have. So they make informed decisions faster than a retail investor can. By investing in index funds you are investing in a U.S. economy which is a money making machine ( most of the time)
@ttb1513 Жыл бұрын
The necessity to make fast decisions is removed if you have a long term investment horizon. Then the question becomes whether you can make good returns that way. I’ll say yes, definitely.
@barnabusdoyle4930 Жыл бұрын
Look at any pension fund that went to Wall Street and got destroyed. These investment firms lie, cheat and steal all legally through their calculations of average earnings, fees and intentionally selling you product that they have shorted.
@Walcingham509 Жыл бұрын
80% of all mutual funds under perform thier respective benchmarks is not a marching order. Meaning 20% outperform and no, its not a random crap shoot.. with a little homework staying in Alpha is not that hard. If you simply want to mimic the markets that's fine but a victim mentality is not necessary.
@barnabusdoyle4930 Жыл бұрын
@@Walcingham509 This is something Dave Ramsey says a lot too, but the number of funds that actually fit this description consistently over the years are actually very low. Why don’t you provide an example of the ticker symbol for 4 of the funds you use that have beaten the benchmark for the last 10 years.
@HughButler-lb6zs Жыл бұрын
@@Walcingham509 risk aversion has a price. You didn't say how much they underperformed. 1%, 10% 50% or 109%. I think that is important.
@glodelta Жыл бұрын
The biggest problem is that you paid them up front, if you hire anyone at any profession if you pay before they get the job done they may not even start the job. To pay 1% should be paid only if they make you money. But the system sucks even 401k keep keep offering their services, and they can make the decisions for you, for 1%, and still there is no warranty.
@ChaceBonanno8 ай бұрын
There are funds with no management fees and only performance fees
@peterfennell6994 Жыл бұрын
I substitute the word “stocks” with the word “companies”. And over the years I find these companies are often found in the top ten holdings of certain index funds over long periods of time. Index funds are great investment vehicles as well as excellent barometers of thriving companies.
@simon1066 Жыл бұрын
I’ve found investing in individual stocks or funds myself is a mugs game, a bit like playing a slots machine. People like Warren and Charlie are experts, their knowledge and experience is priceless, for the rest of us I know now our best chance of long term success are Global low cost index funds.
@kauaifishing1365 Жыл бұрын
I paid a manager at Morgan Stanley 1% thinking that he was incentivized to do well because the bigger my account grow the more he made and he did nothing. I could’ve tripled his performance by simply putting it into QQQ.
@keitha.978811 ай бұрын
Nobody but Nobody Takes Care of You Like Yourself......
@gamingsportz339011 ай бұрын
If you would have 20 million in your account he would probably do smth.
@ChaceBonanno8 ай бұрын
Did you tell him you wanted to be weighted towards more large cap tech exposure? That’s essentially the only reason the qs have done so well. I’m sure if they knew your risk tolerance and preferences, they would’ve better positioned you, but probably resorted to conservative investments to guarantee their management fees continue.
@jcavonpark Жыл бұрын
These guys are awesome but they remind me of those sarcastic old muppet guys and now I can’t unsee it.
@WilliamBrown-e3t Жыл бұрын
People think paying for a 'wealth manager' makes sense and should deliver good results. After all, they are highly qualified and well-paid professionals. Unfortunately, the wealth/fund management industry is about the only one where the old adage 'you pay for what you get' doesn't hold! The whole model is built around collecting assets under management and charging fees that may seem low (1% per annum) but act as a massive drag on performance over the long-term. People just don't get how accumulated fees compound - if they did, they would likely be horrified and just invest in low cost trackers.
@ChaceBonanno8 ай бұрын
Passive index investing isn’t for everyone’s income/cash flow requirements, risk tolerance, investment goals. And it comes with costs as well, like the expense ratio of an ETF. Some people need to diversify, or hedge, or need cash flow/income from their portfolio. Some people need more or less liquidity, or want different exposure. Some people haven’t a clue how to optimize their investments for taxes. Wealth managers can be valuable for those who don’t have the time, money, and/or knowledge to properly manage their investments according to their own preferences and needs.
@josephmichel8194Ай бұрын
Spot on advice from the Oracle of Omaha. Most fund managers can't even beat the indexes, they just get paid based upon how much money they bring in. So ignore the advisors and just buy the S&P index with most of your money. If you'd still like to pick individual stocks after that, get educated on how to value companies and do it yourself. Don't ever trade on margin and don't ever play with money you can't afford to lose.
@jerryyoung6494 Жыл бұрын
Buffett and Munger were/are amazing. You can tell by how many KZbin channels leech off them
@blightedgrounds Жыл бұрын
Greedy, selfish, repulsively evil people who never lifted a finger to help anyone, despite all their riches and money. Yeah, such "amazing" people.
@dirtmcgirt168 Жыл бұрын
Invest in index funds says the active fund managers.
@kauaifishing1365 Жыл бұрын
Berkshire is not very active. They basically buy and hold.
@a.s.24269 ай бұрын
They’re active by standard definition. They’re not a traditional stock fund, however. In any case they’ve not done that impressively themselves over the last 5 years.
@ManPursueExcellence8 ай бұрын
@@a.s.2426 And the last 5 years is peanuts compared to their years in the game.
@a.s.24268 ай бұрын
@@ManPursueExcellence For sure. But Buffett has all but said that an S&P 500 index fund will likely outperform Berkshire for the foreseeable future because of Berkshire's size and other factors.
@ManPursueExcellence8 ай бұрын
@@a.s.2426 I agree.
@sashasavisha146 Жыл бұрын
Nobody should know what you want better than you. So don’t pay them for it. Take ownership.
@danielsoosay1772 Жыл бұрын
Most are not willing to invest the time to learn how each assest class works and what makes the prices goes up and down. Most can't even make up the relation between macro & micro economics to the price fluctuations.
@blairkinsman3477 Жыл бұрын
I’ve heard that, in buy/hold, only 1 portfolio in 10 can beat the S&P; it’s just the statistics not a criticism of anyone .. think about the target to be beat - the value of the 500 BEST (not average, best) companies in the US weighted by their market cap .. I think the only opportunity to do better is to actively manage the portfolio (like BRK does)
@witnessthewrath8061 Жыл бұрын
The opportunity to do better is to understand macroeconomic conditions and rotate asset’s accordingly
@ideabank.2 ай бұрын
Thank you for posting these videos.
@theRealJohnWayneGacy10 ай бұрын
What shareholder meeting is this?
@millenialmusings8451 Жыл бұрын
Warren always pulling Charlie's legs. Really dominating of the two
@Fljeep18 Жыл бұрын
You have realize where your talents are in life. ETF,s are the way to go for most people for the long haul.
@DarkoFitCoach8 ай бұрын
Correct. OR i would gladly pay 1% for investor firm if they can outperform index and compensate for their cost and more
@Fljeep18 Жыл бұрын
Investing in ETF’s is the way to go for most people’s best interests. The knowledge, information and time needed to invest in individual stocks is more than most people can handle.
@LKtube1 Жыл бұрын
Somebody should have invested in a better camera.
@abhijitbaner Жыл бұрын
on one side - draw up some company health/performance ratios (like ROI) on the other valuation metrics (like PE or P/FCF); see the best of both & invest in a basket of 15-20 stocks across 5-6 industries; its a very layman like approach & generally will give you much better than S&P returns
@mattheww79711 ай бұрын
Isn't Wells and Fargo a terrible bank though?
@justwatching198011 ай бұрын
Sees candy is a bad business in a world where sugar is losing popularity. Lots of Berkshire Hathaway companies reflect the whims and interests of the founders. Which goes to show you can make a lot of money focusing on your own interests.
@bigjohnisback9908 Жыл бұрын
Rip Munger
@qball66 Жыл бұрын
Finanicial advisers exist to help people manage risk and achieve goals who are unable to or do not have the expertise to do so themselves. To suggest that they should be ignored is poor advice. I take advice from my mechanic, my electrician, my builder, my doctor because they are experts at what they do. Find a good one and it will make a difference. Just don't find one in youtube comments!
@barcode6495 Жыл бұрын
So what do we do?
@ceasarwright7567 Жыл бұрын
Index funds ?
@AJ-ln4sm11 ай бұрын
Low cost index funds is what he recommends
@Andygb78 Жыл бұрын
Coca Cola just happens to be their favourite drink.
@LurchLures8 ай бұрын
Yes and they both always eat Sears candy all day long. Even when the camera isn't rolling.
@spencerbrady2425 Жыл бұрын
To be fair though, what you’re paying for is an ear to bounce your ideas off of and someone to help you not sell when the market is at its lowest. Not to mention estate planning, tax, education funding etc.
@cherishgp Жыл бұрын
When you pay a % of your portfolio as fees, you essentially are paying mg far more by way off fees than what you save through tax planning.
@ceasarwright7567 Жыл бұрын
They never want you to sell ...LOL
@diggernash1 Жыл бұрын
A pension that can cover all your expenses during down markets let's you avoid withdrawal risk and be more aggressive.
@drt28545 ай бұрын
Advisors only care about one thing: average performance- so you don’t pull money and they can keep leeching that AUM. They suck at investing and never owned a business themselves. Think about it these “pros” buy and sell businesses everyday but never even ran a lemonade stand! Thats like saying you can score 20 in a basketball game but you never played
@AroundSun10 ай бұрын
The problem i have with etfs are they are priced like a stock, so lets say i buy several @400.00 ea. But i want to keep putting say $600/mo. Into it for retiring, i have to wait until i have enough money to buy another one. Then as the price goes up, i have to wait longer and longer until i have the money to buy another share. All that downtime, my money is not being put to work. I want weekly contributions and etfs wont allow that
@Recon_Racing9 ай бұрын
can't you do fractional shares?
@shankarbalakrishnan2360 Жыл бұрын
So funny didn't know today was Holi day for shiva and kept talking about him in the last couple of days ❤❤❤
@barcode6495 Жыл бұрын
So what is the alternative for people that do not have the knowledge?
@ceasarwright7567 Жыл бұрын
Index funds ?
@arturoescorcia Жыл бұрын
ETFs
@Reza_Audio Жыл бұрын
DCA into low expense and well-diversified index funds or ETFs. checking their composition s very easy. Morninstar website or stock analysis and so on
@LarryLunchbox11 ай бұрын
Vanguard S&P index fund
@davidsoncl111 ай бұрын
Am I over simplifying it? Isn’t investing in individual stocks as easy as going out to eat or buying an expensive luxury item? Look for value, a proven winner over time. Buy what you like or what the majority of other people like. Rather than always spending money at the places you do business, buy the stock? Especially if it pays a dividend. I saw another video where Buffet said buy stocks and never sell. I understood that to mean, buy and live off of the dividends, if you can’t reinvest the dividends. Everyone likes computers and video games. NVDA NVIDIA makes high end graphics cards for gamers. Another example is CMG Chipotle stock has had incredible growth. I’ve been watching BRK-A Berkshire Hathaway Inc. for over a decade. It was up $6,000 today. Does anyone invest in individual stocks or is everyone in mutual funds?
@DarkoFitCoach8 ай бұрын
Individual stocks are always better but u need to do the legwork of knowing the companies. Seeing their worth. Then u can outperform the index which holds many companies
@TheLuminousOne Жыл бұрын
Are you kiddin' me..?! They tripled my money from 2009!
@JohnGlen502 Жыл бұрын
The S&P was about $80 now it's $485 or times 6.
@TheMightymolar11 ай бұрын
I love his disdain for Wall Street.
@richardpaul167811 ай бұрын
Isn’t BH a fund manager?
@RandallVoorhees11 ай бұрын
No.
@123lowp Жыл бұрын
Hold the S&P ETF and day trade with margin to capture alpha on top. Still, most of your gains will come from the S&P in the long-term.
@HughButler-lb6zs Жыл бұрын
I don't want to be disrespectful, but using margin is suicidal. The deal is when the underlying securities do not have enough market value to serve as collateral for the loan, the lenders have the right to sell that security. It will be done at the worst time possible. I am speaking ftom experience.
@carl9729 Жыл бұрын
I totally agree with Warren, and I am speaking from, experience. I now take the time to educate myself and do all my investing myself.
@perimetrfilms11 ай бұрын
Buffett came from wealth in an era of massive economic growth. They are rich people who got richer.
@apergiel Жыл бұрын
Here is some practical advise: if you do business with any Buffett company review your cost. I recently switched from Geico and saved 60%. Buffett has been getting a free ride from the media and has no qualms of jacking up prices. Greedy old man.
@leovenier101111 ай бұрын
regardless you still pay fees win or lose with no protection however for me there was a safe haven in the plans they provided for my company I am forever great ful thank you.
@Dantursi1 Жыл бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@Olsontim21 Жыл бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
@chrisnelson3046 Жыл бұрын
Buffet sells 28 billion dollars worth of stocks
@jesseoglidden Жыл бұрын
BH is worth $991.8B. It's a portfolio adjustment.
@BoydGilbreath Жыл бұрын
He's right: it's a total rip off!
@makiavelli610111 ай бұрын
Yeah, what he said.
@Abraham.Lincoln22 Жыл бұрын
Charlie was hilarious is this presentation.
@seemooreb.972411 ай бұрын
Old video
@maryreyes368 Жыл бұрын
Yup. These advisors from brokerage firms tend to make you broke. Lol
@NipItInTheBud1006 ай бұрын
Their job isn’t to be a good investor! Their job is to protect your investments long term!!
@Kurokimachine6 ай бұрын
No, their job is to make money for the company they work for. You are not their priority
@geovannycamargo1282 Жыл бұрын
puta madre 12 mil anuncios.....
@warrenwhitmore747210 ай бұрын
Thomas Malthus : The law of diminishing returns.
@andreyield2381 Жыл бұрын
Tautology: you have a number of people trying to do better than average and a very few with huge returns. Of course the average investor will do worst tha the average returns. It is the same with income: get a group of people, then the average income is 50k, maybe 200k... then if you have Bill Gates in the group, the average will be hundreda of millions and 99% of people will be doing worst than average. because of the outliers. Investing is not the same as delivering babies or getting haircuts...
@juhyokang2571 Жыл бұрын
Bad not will street ok
@rsb7608 Жыл бұрын
Wolf of wall st is all the information you need about wall Street
@yetanotherjohn11 ай бұрын
PLEASE SELL. Wells Fargo. They have been an atrocious bank for decades.
@jballin2288 Жыл бұрын
I would push back on this a bit. The S&P500 does outperform most investment managers IN THE LONG TERM. But people do have different investment objectives, different time horizons, and different acceptable levels of risk. And yes the S&P500 has historically outperformed other investment managers, but that is no guarantee that it will continue to do so. Also, during all of those years of returns, there were many times where the index swung high and low. If someone is only looking to invest for 5 years, an they just assume the S&P won't do them wrong, but right at the time they need the money, the market takes a dive, well then the S&P actually was not a suitable investment, and right when they were expecting gains, they incur losses. So any video that claims any one investment is the end-all be-all solution, always be wary. Everyones situation is different. We all wanna make money, but not everyone can handle the volatility of the stock market, an not everyone is investing with a 20+ year time horizon.
@TPG1977 Жыл бұрын
5 years isn’t investing, it’s speculating - Ben Graham
@Walcingham509 Жыл бұрын
The short answer is Buffet didn't become wealthy with index funds..
@TPG1977 Жыл бұрын
@@Walcingham509 I don’t think u know what buffet has had to say about index funds - u should read and Google my friend - In 2007, Buffett bet a million dollars that over the course of a decade, a simple S&P 500 index fund would outperform a basket of hand-picked hedge funds. He picked the Vanguard 500 Index Fund Admiral Shares (VFIAX). Hedge fund manager Ted Seides from Protégé Partners accepted the bet and picked five funds-of-funds. A fund-of-funds is a portfolio of funds that charges two layers of management fees. The outcome? Buffett triumphed decisively.
@thegodblogger3812 Жыл бұрын
Of course you, a random internet person, knows better than Buffet and Munger. You can't make this shit up.
@SuperGirl-tf2wn Жыл бұрын
@@Walcingham509 Sure. But he was afforded chances most people cannot get. Nothing wrong with index funds. Define wealth. Studies shows most people are content with retiring comfortable, ie. not having to worry about bills and shit and can still live their daily life. With the way it's going, most people won't be able to retire.
@LIONTAMER3D Жыл бұрын
The Old Guyson the Balcony, from The Muppet Show
@dr_flunks Жыл бұрын
as a vhnwi, i laugh at fin advisors.
@roskapostit2609 Жыл бұрын
But when the Munger left the building and went to eternity or hell he didn't take a single cent with him. He just couldn't. So what's the point. The life has been lived very quickly compared to eternity. So shouldn't we focus more on how to access the eternity not the money ?
@HughButler-lb6zs Жыл бұрын
The answer is maybe. I don't believe in eternity. When you die , it's over. There is no afterlife. Since I believe you have one. Life, you should make the most of it, and do what makes you happy. If making money makes you happy, go for it. But if eternity makes you happy do that also. If you are wrong about eternity, you really don't lose anything.
@roskapostit2609 Жыл бұрын
@HughButler-lb6zs If you believe in eternity (ie Jesus Christ) it won't take away your happy life. This is a common misconception. It's actually quite the opposite. I chose faith because of the better odds: better life quality and a chance for eternity.
@sashasavisha146 Жыл бұрын
So invest in healthcare stocks.
@HughButler-lb6zs Жыл бұрын
You don't know what happens to a person after they die. You only know what you have been told. I think the smarter play is to make the best of the life you have while you are alive and do what makes you happy.
@juhyokang2571 Жыл бұрын
To going ok ok
@bipl8989 Жыл бұрын
OPM
@Agent77X Жыл бұрын
Buffett getting up there, better hire a CFA now so he has some left money to retire on!😮
@Glen-ft8ch Жыл бұрын
Worst Bear Market since 1929 !!
@rsb7608 Жыл бұрын
YOLO!!! Dogecoin!!!
@luperamos7307 Жыл бұрын
Doesn't matter how anyone invests, houses just got much more expensive than what you made. Sure, you can take on even more risk than 100% stocks, but then you also stand the chance of losing it all.
@Plow-b1x11 ай бұрын
You can't take it with you 😂
@socialtraffichq5067 Жыл бұрын
Aren't these the old guys from the Muppets
@STP-bc5cy11 ай бұрын
No ... these old guys own the Muppets
@jaybee789011 ай бұрын
the amount of stupid people who think the market is a casino is both mindboggling and pleasing.
@gregorylyon1004 Жыл бұрын
Just think about what these two guys have done in the investment world. They built a $750 billion dollar company from nothing. And all their earnings were from the losses of all the other so called investors. Basically how Wall Street works is, if an investor makes 100 million. Somebody else lost that 100 million
@ttb1513 Жыл бұрын
Zero sum it is not. You invest in growth markets. Where the "100 million" of value did not exist previously.
@markw999 Жыл бұрын
You should find something else to invest in. Not stocks.
@simon1066 Жыл бұрын
@@markw999I agree in so far as investing in yourself, expanding your knowledge, skills and education is the best investment every person should make. Wealth will then follow naturally.
@Walcingham509 Жыл бұрын
Ya.. they lost it in index funds that Buffet NEVER invests in unless he is flat out of good ideas.. 👍
@blairkinsman3477 Жыл бұрын
Not necessarily “lost” $100M, but definitely “spent” $100M .. for example, BRK buys an electric utility company for $120M and we say that last year that company sold electricity to customers for $500M, spent $420M after tax to generate, supply and service that electricity to those customers, leaving $80M for BRK - along comes another investor who is now willing to to pay BRK $140M for the company under the belief that the company will do that again for the next two years with potential profit of $20M ($160 -$140) - leaving BRK with a years profit $80M from the company + $20M profit from the sale .. BRK “gains” $100M, others have “spent”, but nobody has “lost”
@juhyokang2571 Жыл бұрын
4F meet goodmorming ok trump not out ok
@RodgerMudd11 ай бұрын
Buy GOLD. I remember in the 70's it was 255.00 per oz. Had a friend who was jewler.
@Tysto11 ай бұрын
Gold is only up $525% in 20 years. The Nasdaq is up 1600%.
@RodgerMudd11 ай бұрын
That comes with great risk@@Tysto
@thecount1001 Жыл бұрын
Charlie looks embalmed.
@Fljeep18 Жыл бұрын
Hey dummy Charlie just died.
@6538970 Жыл бұрын
I like to no how they skim money out of your account without you knowing
@HughButler-lb6zs Жыл бұрын
They don't skim money. They issue a prospectus that explains what you pay. Have you ever read one?
@6538970 Жыл бұрын
@@HughButler-lb6zs no, do they mail this to you, thanks for reply
@lisagayhart2482 Жыл бұрын
Kinda the same thing
@HughButler-lb6zs Жыл бұрын
@@lisagayhart2482 so you expect them to work for free?
@sdavidleigh664211 ай бұрын
Has Buffett out performed the S&P500 in the last 5 yrs, no, last 10 yrs, no, last 15 yrs, no. So why would you pay Buffett to run money. He has too much to say IMO and doesn't provide value. Sure he did great from 1958 but we are not investing in 1958, we are investing today.
@RandallVoorhees11 ай бұрын
Beating the S&P has become more difficult as BH became much larger.
@forceofchaos1 Жыл бұрын
Just buy bitcoin and avoid all the headaches and actually outperform every other asset by a mile