Charlie Munger speaks at the Daily Journal annual meeting

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Yahoo Finance

Yahoo Finance

Күн бұрын

#CharlieMunger #DailyJournalAnnualMeeting #BerkshireHathaway
Yahoo Finance is the exclusive live stream platform for the fully virtual Daily Journal ($DJCO) Annual Meeting with Chairman Charlie Munger.
The meeting features Daily Journal Chairman and Berkshire Hathaway Vice Chairman Charlie Munger and DJCO President and CEO Jerry Salzman. Munger and Salzman will take shareholder questions from CNBC’s Becky Quick.
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Пікірлер: 716
@octhx
@octhx 2 жыл бұрын
Crypto 42:40 Diversification 58:25 Passive investing 1:46:46 Hoarding cash 1:52:46
@Raymondjohn2
@Raymondjohn2 Жыл бұрын
Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
@kenanporubsky2122
@kenanporubsky2122 Жыл бұрын
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
@lipglosskitten2610
@lipglosskitten2610 Жыл бұрын
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@kenanporubsky2122
@kenanporubsky2122 Жыл бұрын
@Dan Brooks Impressive can you share more info?
@kenanporubsky2122
@kenanporubsky2122 Жыл бұрын
@Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@gregking6441
@gregking6441 Жыл бұрын
@@kenanporubsky2122
@brunoradovanovic2408
@brunoradovanovic2408 2 жыл бұрын
Can t belive he is doing this 98 years old! Respect
@edmund3993
@edmund3993 2 жыл бұрын
he thinks and speaks clearer than me and i'm 33
@ianshuman
@ianshuman 2 жыл бұрын
Seriously.
@kovy689
@kovy689 2 жыл бұрын
Adrenochrome
@bobbymainz1160
@bobbymainz1160 Жыл бұрын
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
@oneiljerry9460
@oneiljerry9460 Жыл бұрын
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@johnlennon232
@johnlennon232 Жыл бұрын
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@johnlennon232
@johnlennon232 Жыл бұрын
credits to HEATHER ANN CHRISTENSEN, one of the best portfolio manager's out there. she's well known, you should look her up
@Steve-pw7xm
@Steve-pw7xm 2 жыл бұрын
5 years ago I went to the DJCO annual meeting in Los Angeles. I made an audio recording of Munger's Q&A and posted it to Soundcloud....as far as I know my recording of that meeting is the only known recording of the meeting available anywhere on the internet.....fast forward to today, and Yahoo now livestreams the DJCO meeting and it can be watch instantaneously from my couch. Amazing how fast technological progress is moving forward.
@max.1q84
@max.1q84 2 жыл бұрын
Is there a link?
@jashandeepj
@jashandeepj 2 жыл бұрын
Please share the link, if it works for you. Thank you.
@bikashshrestha1472
@bikashshrestha1472 2 жыл бұрын
Is there link?
@bikashshrestha1472
@bikashshrestha1472 2 жыл бұрын
Can you upload in yout??
@mantisssa9534
@mantisssa9534 2 жыл бұрын
I’m also interested in a link, if you would be so kind
@chrismoise817
@chrismoise817 2 жыл бұрын
For 98 years old, still sharp as ever. Has been blessed with longevity.
@PedalToTheMetal61888
@PedalToTheMetal61888 2 жыл бұрын
...BUT THAST WAS...3-4 yrs ago...He's still KICKIONG...100 yrs ...Later...!!
@kovy689
@kovy689 2 жыл бұрын
Adrenochrome
@FINANCEPORT777
@FINANCEPORT777 2 жыл бұрын
He is a learning machine.
@kingward8426
@kingward8426 Жыл бұрын
His blessing has become a blessing for countless other people.
@bikashshrestha1472
@bikashshrestha1472 2 жыл бұрын
25:15 meeting starts.
@shankhs
@shankhs 2 жыл бұрын
Mr Munger's interview starts at 24:00
@kvitlim8443
@kvitlim8443 2 жыл бұрын
Bless you! Skip the commercials, get straight to substance.
@yurisinclair4160
@yurisinclair4160 2 жыл бұрын
You're a legend!
@JohnPMiller
@JohnPMiller 2 жыл бұрын
I wonder how many people who have been asking Munger about “succession” for the past 30 years are no longer with us. I bet it’s a lot!
@georgesideropoulos6704
@georgesideropoulos6704 2 жыл бұрын
Lol
@sl2462
@sl2462 2 жыл бұрын
This was a bloody good meeting. Truth bombs being dropped left and right. Charlie and Warren have reached the pinnacle of what humans aspire to be. Successful, humble and above human greed and envy. What a wonderful role model.
@davidalvarez7262
@davidalvarez7262 2 жыл бұрын
The pinnacle for some Americans but not all Americans.
@s1u8n
@s1u8n 2 жыл бұрын
Warren is more careful in what he says, Charlie is more of the straight shooter.
@donotletthebeeswin
@donotletthebeeswin 2 жыл бұрын
You must have missed the part where he basically said we shouldn't criticize China because they're "different" from our society.
@bane1009
@bane1009 2 жыл бұрын
@@davidalvarez7262;
@bane1009
@bane1009 2 жыл бұрын
@@davidalvarez7262cUFUfU UCU
@bettertomorrowfinancial7014
@bettertomorrowfinancial7014 2 жыл бұрын
Munger's message starting at 1:59:19 to 'banish envy' from your life is incredibly insightful. "The world is not driven by greed, it's driven by envy." From 2:09:30, "there'll never be any shortage of good people in the world. All you have to do is seek them out and get as many of them as possible into your life, and keep the rest the hell out"!
@billytheweasel
@billytheweasel 2 жыл бұрын
Hard to find the good ones but I do keep out the bad.
@StephenEats
@StephenEats Жыл бұрын
@G G
@hmooodnho
@hmooodnho 2 жыл бұрын
One of my best time of any year of my life is to hear more and more from Mr. Munger & Mr Buffett. Thank you Yahoo Finance for that.
@apothe6
@apothe6 2 жыл бұрын
Charlie is 98. I thought he was making a joke, he really is 98.
@pamelabeauty1980
@pamelabeauty1980 2 жыл бұрын
*I'm so happy trading with Mrs Mary she's different from other trader's. I always made withdrawal of $20,000 every week of trade, God bless you.*
@pamelabeauty1980
@pamelabeauty1980 2 жыл бұрын
*her method works like magic I keep on earning every single week with her new strategy.*
@orikanjojames843
@orikanjojames843 2 жыл бұрын
I'm surprise someone mention expert Mrs Mary, her platform is very sure and easy to access,
@orikanjojames843
@orikanjojames843 2 жыл бұрын
This woman change almost everything about me my friend connected me to her,
@gadomainasara8560
@gadomainasara8560 2 жыл бұрын
I want to invest in crypto trading but i have no idea how to invest please tell me more about Mary. Good night
@pacifymuhammadu7244
@pacifymuhammadu7244 2 жыл бұрын
Yes I'm also a living testimony of expert Mrs Mary She's the key to crypto,she really made name for herself.
@thinhdoan3373
@thinhdoan3373 2 жыл бұрын
Japan is still ok after printing so much money and keeping rates at 0% because they have a trade surplus overall and their people own the majority of their National debt, which means they still keep the wealth. The U.S. has huge trade deficit and huge national debt owned by mostly foreigners. The U.S. will have to print money exponentially faster and faster to keep up with the trade deficits and repay foreigners. USD will be dead in a couple decades.
@harveydo7904
@harveydo7904 2 жыл бұрын
Within a few factor you listed out, and you already draws the conclusion that USD will be dead in two decades?
@wolfschmidt2664
@wolfschmidt2664 2 жыл бұрын
80% of US debt is owned by US.
@thinhdoan3373
@thinhdoan3373 2 жыл бұрын
@@wolfschmidt2664 Yes if you include the Federal Reserve. Which does not benefit Americans. They’re inflating the value of your USD away. Hence the 7.5% official inflation. The real inflation is 15%. It’ll probably come down a bit for the next couple years as they raise rates and do QT. Then the markets will tank and the government and Fed can’t let the bond, stock and real estate markets tank and they’ll cut rates, print money, and give money to people to spend again to goose up the markets and the economy. This next round will kill the USD in 1-2 decades.
@gavnonadoroge3092
@gavnonadoroge3092 2 жыл бұрын
Thinh Doan, and what is your prediction on which currency will take over usd after 1-2 decades?
@giovannip8600
@giovannip8600 2 жыл бұрын
@@wolfschmidt2664 yep, therefore this guy is clearly way off what will happen. It's wrong to fearmonger so ignorantly
@InvestorCenter
@InvestorCenter 2 жыл бұрын
imagine being the other guy on stage. he may as well go to sleep because all the questions are going to be for Charlie lol
@odufumarvelous9420
@odufumarvelous9420 2 жыл бұрын
I think munger is right concerning china. Why can't both china and usa get along. It will do more good than harm. And the economical advantage would be great. Rather than competite. If the usa allow russia partner with Russia it's going to hurt the usa and the west in general someday. Charlie is full of wisdom.
@forestlandman
@forestlandman 2 жыл бұрын
Great interview/moderation by Rebecca Quick, great questions! Thank you Mr. Munger for sharing your vast knowledge and experience.
@SilverSun216
@SilverSun216 2 жыл бұрын
Mr. Munger has forgotten more than most of us will ever know.
@EMERGENCYBROADCAST2024
@EMERGENCYBROADCAST2024 2 жыл бұрын
Exactly
@Ef554rgcc
@Ef554rgcc 2 жыл бұрын
True chains
@coelecanth13
@coelecanth13 2 жыл бұрын
Because he's old
@kingkang6877
@kingkang6877 2 жыл бұрын
That was deep. Yeah the guy is just a walking brain 🧠
@believer7280
@believer7280 2 жыл бұрын
Yes, but remember: Every man is ignorant....only in different areas. I think he's way off on crypto. And, I think he trusts China way too much. I don't underestimate the evil that the Chinese government is capable of.
@Will-fn3ch
@Will-fn3ch 2 жыл бұрын
24:46 munger starts
@Primarilycarbonbasedlifeform
@Primarilycarbonbasedlifeform 2 жыл бұрын
Thanks!
@anitakelly7660
@anitakelly7660 2 жыл бұрын
Although Screens across global markets have turned red again, as market sentiment shifts back towards risk aversion, due to the worsening situation in Ukraine. While the start to the day was rather shaky, there had been hopes that equities might continue to push higher even with the difficult backdrop of the war in Ukraine. But those hopes have evaporated. Previously strong sectors such as banking are beginning to feel the pressure as investors reassess the outlook both for global GDP and tighter monetary policy, the latter exemplified by a pushing back of expectations around the first European Central Bank rate hike. European markets continue to be the most affected, from a combination of closeness to Russia (both geographically and economically) and by the weaker earnings outlook here compared to the US. Kremlin pronouncements have become more strident today, further reducing the attractiveness of the continent’s equities. This is the worst possible time in history to invest as so many don't back up their crypto assets. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 10 btc with 2.1 btc from day trading with Michael Saylor Signal in few weeks, this one of the best medium to backup your assets incase it goes bearish..
@anitakelly7660
@anitakelly7660 2 жыл бұрын
@henrygarcia5374
@henrygarcia5374 2 жыл бұрын
I am also growing and accumulating daily by trading with Michael Saylor daily signals.
@davidpeter2498
@davidpeter2498 2 жыл бұрын
Mr Michael method has proven to be far more useful than I had planned when I first started.
@zhoufeng7201
@zhoufeng7201 2 жыл бұрын
I was clear and happy about Michael program when i found out about it! I made over 2.9 BTC in my first month.
@durihye2405
@durihye2405 2 жыл бұрын
Reason why I trade with Michael Saylor signal is because it helps me win even when the market is crashing.
@dantefung5274
@dantefung5274 2 жыл бұрын
Full of Wisdom by Charlie, with great respect!
@kopognr2
@kopognr2 2 жыл бұрын
Jerry is a total trooper. Sat down and looked at the Munger show with admirable restraint.
@Commando303X
@Commando303X 2 жыл бұрын
"In my whole adult life, I've never hoarded cash waiting for better conditions: I've just invested in the best thing I could find." This is poetic; but, despite Munger's admission a moment later, one does nevertheless ponder about the amount of cash on which Berkshire Hathaway has sat through much of the 2010s.
@babajaga8180
@babajaga8180 2 жыл бұрын
Warren Buffet said in one of the interviews that big money make limited movements and it’s much harder make big profits with big/good purchases. He’s talking about regular investors.
@freedomordeath89
@freedomordeath89 2 жыл бұрын
u dont get it dude, cash is an investment too for a investment fund. That's not hoarding, that's called a BALANCED VARIED PORTFOLIO...you always keep some cash, like you keep stocks, obligations, margin etc...
@theccpisaparasite8813
@theccpisaparasite8813 2 жыл бұрын
Bear in mind, even having it "in cash" is invested in T-bills or interest bearing instruments
@bobbymehta1006
@bobbymehta1006 2 жыл бұрын
24:46 Charlie Munger showtime
@July-ct7pp
@July-ct7pp 2 жыл бұрын
MVP
@greghuntington9277
@greghuntington9277 2 жыл бұрын
Thank you!
@7jahson
@7jahson 2 жыл бұрын
“What makes life interesting is we don’t know how it’s going to work out.” - CM
@MAchannel2024
@MAchannel2024 2 жыл бұрын
98 years of the most valuable dividends any company has ever offered
@dattaamitabh
@dattaamitabh 2 жыл бұрын
we already have a digital currency - it's called a bank account LOL - what gold!
@tintucnongnhat7576
@tintucnongnhat7576 2 жыл бұрын
Legendary Munger. It is always wisdom to hear from him. He answers all questions with great insight and sharpnest. From nations politics to school certificate, old to morden, us to china all with very great insight. He never stop contributing. Legend!
@believer7280
@believer7280 2 жыл бұрын
Yes, we can learn some things from listening to him. But remember that every man is ignorant....only in different areas. I'll take some investment tips from him, but I filter out things I know he's wrong about. In my opinion....crypto and China.
@henryzhang9915
@henryzhang9915 2 жыл бұрын
Warren is so blessed to have such friend to achieve great things together.
@ozcandemirci2020
@ozcandemirci2020 2 жыл бұрын
This was was a proper lifetime lesson for adults!
@furkanekici236
@furkanekici236 2 жыл бұрын
Definitely
@Witnessmoo
@Witnessmoo 2 жыл бұрын
Man if I have half my wits about me at his age, I will be a very happy man! This guy is a legend
@UnknownUnknown-hg7xg
@UnknownUnknown-hg7xg 2 жыл бұрын
I want to see this Heinz $600,000 director table vs Costco $300 table. 1:45:30
@zyilund
@zyilund 2 жыл бұрын
i hope when I'm 98 yrs old... i can still sit and talk for 2 hrs straight...
@GardenerEarthGuy
@GardenerEarthGuy 2 жыл бұрын
He's awesome for giving us his memoirs in such a candid manner- my guess is he knows time is short and I hope we get something like this around Christmas. He's a great man...
@7jahson
@7jahson 2 жыл бұрын
Loved all of this. Thanks Yahoo!
@donw160
@donw160 2 жыл бұрын
Charlie is as sharp as when he took me to lunch in 1972 to his California Club when I was a VP of Mitchum Jones &Templeton. Loved the small meetings in the Pasadena Cafeteria also for Wesco Financial which Berkshire Hathway owned 80% before the meetings got so large and they had to have them in a tent at the Civic Auditorium.
@moonshot2738
@moonshot2738 2 жыл бұрын
Sharp as can be even at his old age. Munger is full of wisdom. Take note.
@loveanimals-0197
@loveanimals-0197 2 жыл бұрын
He never answered what kind of trade off it was to have a window in a damn dorm rooms. Why on earth is a cruise ship similar to a dorm room?
@carlosmurgelcddr.1418
@carlosmurgelcddr.1418 2 жыл бұрын
Always a pleasure to watch Charlie Munger wisdom.
@elainevalentina9928
@elainevalentina9928 2 жыл бұрын
This < is exactly right is pretty good content in my opinion.
@elainevalentina9928
@elainevalentina9928 2 жыл бұрын
@Gregg_007 VlA Te le gr am,...
@stephanielavina5380
@stephanielavina5380 2 жыл бұрын
This is exactly what Big time investors are talking about, not just you. key thing here is to always trades with a good strategy even if the price goes up or down., .
@joycelawrence9450
@joycelawrence9450 2 жыл бұрын
Best signal provision in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).
@TB1M1
@TB1M1 2 жыл бұрын
Charlie is proof that the brain runs on sugar. Great interview!
@thehighwayman9998
@thehighwayman9998 2 жыл бұрын
This is most creative comment I ve seen since the beginning of 2022
@zaynumar0
@zaynumar0 2 жыл бұрын
Lol sugar.
@muresandani
@muresandani 2 жыл бұрын
He's drinking diet coke though.
@omgyeaXD
@omgyeaXD 2 жыл бұрын
I highly doubt he actually drinks that cat piss.
@kennethcpz
@kennethcpz 2 жыл бұрын
Aspartame is horrible
@sqrfoot6548
@sqrfoot6548 2 жыл бұрын
I wish Charlie was my grandpa
@compounding999
@compounding999 2 жыл бұрын
Why do I enjoy listening so much to a 98 year old guy talking for over 2 hours?
@ttl7161
@ttl7161 2 жыл бұрын
thanks Charlie, see you next year!
@BradKaellner
@BradKaellner 2 жыл бұрын
If you disagree with Charlie on something, it's worth rigorously examining your own belief
@marshard9563
@marshard9563 2 жыл бұрын
I'll draw the line at state enforced abortions.
@vids4anand
@vids4anand 2 жыл бұрын
This host is the best ever!!!! Other channel hosts want to exhibition their pea brain wit. She is bigger than that.
@luccalenikus2184
@luccalenikus2184 2 жыл бұрын
Agree with him or not, hes the sharpest 90+ out there. Incredible to get a glimpse into someone who is this lucid and was born before the great depression.
@zaynumar0
@zaynumar0 2 жыл бұрын
He's clever
@JohnPMiller
@JohnPMiller 2 жыл бұрын
Charlie Munger is proof that good health is from having an active mind, Coca Cola, and See’s Candies.
@skinindagame_
@skinindagame_ 2 жыл бұрын
Luck
@The_Architekt
@The_Architekt 2 жыл бұрын
They own Dairy Queen too
@bethisway
@bethisway 2 жыл бұрын
Straight! Up!
@sutchak
@sutchak 2 жыл бұрын
I wouldn't be fooled by randomness. With so much cola and sees candy I would be dead by now.
@RipeTimes
@RipeTimes 2 жыл бұрын
Thank you for taking the time to pass down your wisdom, Mr. Munger.
@MarkFinance
@MarkFinance 2 жыл бұрын
Starts at 24:45
@44StormBringer
@44StormBringer 2 жыл бұрын
This dude is killing it at 98! I keep thinking this is the last year he’s gonna make sense and I keep being wrong
@davidong1577
@davidong1577 2 жыл бұрын
I wish I can be as sharp as him at 98.
@fncyt
@fncyt 2 жыл бұрын
Going all in on BABA 💪
@financialwisdom432
@financialwisdom432 2 жыл бұрын
I did
@pradeepvaswani240
@pradeepvaswani240 2 жыл бұрын
Every great can be wrong….so yeah bet….but not the farm
@dougprobert5378
@dougprobert5378 2 жыл бұрын
Me too baba cheap
@sebfox2194
@sebfox2194 2 жыл бұрын
Munger hasn't.
@financialwisdom432
@financialwisdom432 2 жыл бұрын
@@pradeepvaswani240 well. time will tell
@evgenikolev2926
@evgenikolev2926 2 жыл бұрын
He is the living example of the old African saying "When an old man dies, a library burns to the ground."
@Cybervue
@Cybervue 2 жыл бұрын
@1:15:58 it isn't just computer scientists who don't want to go back. It's doctors, lawyers and lots of professional class.
@DeadLetterOpener
@DeadLetterOpener 2 жыл бұрын
Amazing words and thoughts from a genuinely pure of heart person who believes in the good in the world. He will be sorely missed when he finally moves on to greener pastures.
@PedalToTheMetal61888
@PedalToTheMetal61888 2 жыл бұрын
...2016...this man...was...96...yeares YOUNG...i say YOUNG ''cause He''s still KICKING... Go GeT...''em...Charlie---'...!! Next t jack Bogle ( VAMNGUARD )...and of course ...everyone''s favorite ...WARREN-''BIG-Daddy-'...BuffeTT...!!
@theccpisaparasite8813
@theccpisaparasite8813 2 жыл бұрын
"The world isn't driven by greed, it's driven by envy" BULLSEYE!🎯 at last someone who thinks like I do!
@mayrbek123
@mayrbek123 2 жыл бұрын
What is your take on his take on China relationship
@theccpisaparasite8813
@theccpisaparasite8813 2 жыл бұрын
@@mayrbek123 My take?? Since you asked. They are a parasitic trade nation that violates WTO rules as a matter of continuous and planned policy, has no trade reciprocity with any nation, no open verifiable accounting rules and a non-exploitable market. Add to that the world, and US, growing intolerance for the expansionist behavior of China. This will have economic costs as will the long term costs due to westernized morality which will not tolerate trade with a totalitarian neo-fascist police state that runs concentration camps and harvests the organs from prisoners of conscience. Alternate low cost sourcing is growing with each year and at some point supply chain diversification will catch up with Chinese companies. Frankly, I'm surprised it has not already. Sourcing diversification is Business 101. It isn't simply a question of different systems. His assertion that China can't manage without a totalitarian system is absolute balderdash. The existence of a vibrant democracy in Taiwan slaps that assertion full on in the face. Frankly, his inability to draw these conclusions and conduct this basic analysis compels me to consider that his mind is, at last, starting to go. I could get a lot more specific if you like, but this scarcely seems the appropriate forum for such a discussion.
@LordTrayus
@LordTrayus 2 жыл бұрын
@@theccpisaparasite8813 Thy name is ENVY!!
@sugarhigh4242
@sugarhigh4242 2 жыл бұрын
It's driven by neither greed nor envy. It's driven by the cold logic of capitalism, of profit above all, and of destroying your competitors. Even the elites are not free to do as they please lest they lose their position to a more ruthless sociopath. We, the workers of the world have to remove the ruling class from power and replace this wretched system with a democratically planned economy.
@damienbrown497
@damienbrown497 2 жыл бұрын
Thanks for putting this together. Priceless.
@gregmccain343
@gregmccain343 2 жыл бұрын
Can watch this guy forever.
@jrod2479
@jrod2479 2 жыл бұрын
Amazing wisdom and great human being! Much respect!
@joshuabagci5291
@joshuabagci5291 2 жыл бұрын
1:02:10 I don’t like it when people spend 40 hours a week being an artificial machine gunner 😂
@lunchspirit
@lunchspirit 2 жыл бұрын
Would have loved to see Charlie on Norm Macdonald’s podcast
@lunchspirit
@lunchspirit 2 жыл бұрын
Just a couple of ol' chucks of coal, talking about stuff Norm pretends to know nothing about.
@thomasnc
@thomasnc 2 жыл бұрын
He's the right age lol. He had lots of guys on who were in their 80s and 90s, which was great!
@archstanton313
@archstanton313 2 жыл бұрын
Now there's an interesting connection.
@wendyrose2657
@wendyrose2657 2 жыл бұрын
Thank you so much Mr. Munger! Wise as always! And thanks Yahoo Finance for organizing this interview
@MikhailGoncharov-tl4cr
@MikhailGoncharov-tl4cr 2 жыл бұрын
I support you mind at all
@ozcandemirci2020
@ozcandemirci2020 2 жыл бұрын
This Munger is the wisest man in the Stock Market, we buy Stocks and do not resent anyone, we should respect each others SYSTEM!
@yomajo
@yomajo 2 жыл бұрын
Could you have guessed Charlie was a secret totalitarian fan all the way?
@kellenmwaniki7236
@kellenmwaniki7236 2 жыл бұрын
this is so good and admirable word that i have heard regarding charlie daily journal ,its the truth about success, its so encouraging.
@siggiAg86
@siggiAg86 2 жыл бұрын
Always words of wisdom.
@Chiefmismaker
@Chiefmismaker 2 жыл бұрын
And of course, well done Becky for a very long and very well managed interview.
@abutler9198
@abutler9198 2 жыл бұрын
One of my greatest hero's is charlie munger. I hope he stays with us for as long as possible. Wisdom and ideology is unmatched
@billytheweasel
@billytheweasel 2 жыл бұрын
Mr Munger is right about the decay of newspapers and journalism. Our Republic is lost without the 4th Estate that is ethical, free and able to be bold.
@chillones9574
@chillones9574 2 жыл бұрын
I picked up more the second time I listened to this interview. Yes he old to you youngsters lol but I could listen my grandpa talk to me like this till he past. Wisdom like this is seldom past down.
@MikhailGoncharov-tl4cr
@MikhailGoncharov-tl4cr 2 жыл бұрын
Thank you Chill Ones . Please help me. For me English rather difficult. Tell me please what is the main conclusions you made after such an interesting interview?
@wwz1011
@wwz1011 2 жыл бұрын
Now I have to read up on Otto Bismarck! Thank you Charlie!
@bizlawusa
@bizlawusa 2 жыл бұрын
Mr. Munger you are and always be a legend!
@viclordx
@viclordx 2 жыл бұрын
good says... i think you did see the whole picture. i think we need to open our mind and eye to understand situation. thank you mr munger
@PhillCurtis
@PhillCurtis 2 жыл бұрын
thankful for charlie's patience in answering these questions, but I hope not to be as patient as him, if i make it to 98, i look forward to double up on the wise ass'ery. cheers!
@lifrank426
@lifrank426 2 жыл бұрын
Does anyone know what's the model of the wrist watch Mr.Munger is wearing?
@tiasheliainsaidoo8822
@tiasheliainsaidoo8822 2 жыл бұрын
Thanks
@CM_Burns
@CM_Burns 2 жыл бұрын
show starts at 25:38
@randomdude7384
@randomdude7384 2 жыл бұрын
Charlie and Warren are the gods of investing, hands down. We must value their infinite wisdom while they're still with us.
@davidkoba
@davidkoba 2 жыл бұрын
There were some really stupid questions. I mean you have a chance to ask a question to one of the greatest ever and you ask why he bought alibaba. Any value investor knows why.
@mauricesjq
@mauricesjq 2 жыл бұрын
I am afraid no questions are stupid. Just how you perceive/digest the information that was given. Many are afraid of investing in China, because they are unaware of how the Govt works in China. When you sum up all risk and weigh it. You will get different answers, depending on how you understand the culture/work ethics/lifestyle and etc. When you don’t understand how it works, people tend to avoid. Which leads to why others deem China as not investable! It all boils down to risk analysis and how well you know in-depth in the business/country.
@george6977
@george6977 2 жыл бұрын
Which is best at finance coverage, Yahoo Finance, Bloomberg or CNBC?
@booneguy
@booneguy 2 жыл бұрын
An hour and a half of Charlie Munger worth more than a university certificate of Ivy Leagues'.
@arvindbansal2287
@arvindbansal2287 2 жыл бұрын
If blindly listening to it, no way I could have said that I'm listening to the legend himself. He speaks what he feels. No window dressing. Period.
@destroyer2204
@destroyer2204 2 жыл бұрын
24:42 is where Charlie starts
@TheBreezus
@TheBreezus 2 жыл бұрын
1:16:57 That had me laughing, and definitely meme worthy.
@SSYlist
@SSYlist 2 жыл бұрын
Brutally honest lol hahahaha
@virgentina4757
@virgentina4757 2 жыл бұрын
Hello good morning everyone keepsafe GOD bless you too all of you especially sir charlie munger and sir Warren Buffett iamthankful about that thanks 👍👍😍😍❤️🌹
@jswagner9596
@jswagner9596 2 жыл бұрын
No word can describe Charlie Munger's health and wisdom. I still disagree with his windowless apartment idea
@cmlon
@cmlon 2 жыл бұрын
unexpected at 2:06:25 : "God is about to give a different kind of a blessing on Warren and me..."
@imclub6818
@imclub6818 2 жыл бұрын
The amount of consilience Mr Munger has is remarkable.
@gl5643
@gl5643 2 жыл бұрын
Appreciate his comments on journalists
@imp4573
@imp4573 2 жыл бұрын
24:50
@sumitkar2704
@sumitkar2704 2 жыл бұрын
Still sharp as a tack - I can listen to Charlie all day calling it the way he believes it
@jamesstmanhattan
@jamesstmanhattan 2 жыл бұрын
Charlie's our national treasure!
@MrSifaperdire
@MrSifaperdire 2 жыл бұрын
He is a world's trasure not only american!
@jamesstmanhattan
@jamesstmanhattan 2 жыл бұрын
@@MrSifaperdire I couldn't agree more, perhaps even a treasure of the universe.
@TheNecropolis20
@TheNecropolis20 2 жыл бұрын
hes a international treasure !
@kesharani4546
@kesharani4546 2 жыл бұрын
this gentleman is nearly 100 years old yet his mind is sharp af
@BlakeDoesBusiness
@BlakeDoesBusiness 2 жыл бұрын
"To hell with pretentious expenditure". Man after my own heart.
@codypeterson8524
@codypeterson8524 2 жыл бұрын
< I totally agree with what you are saying. I started in crypto in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience to do exactly what you have said in this post. I have learned from you and other Youtubrs especially my mentor Alice marcella who taught me how to make trade and increase my crypto from 35btc to 72btc that no one really knows what is going to happen and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research...
@vindiesel727
@vindiesel727 2 жыл бұрын
have heard a lot of positive reviews about Alice marcella , I want to get in touch with her.
@davidlarabie2514
@davidlarabie2514 2 жыл бұрын
This is very impressive , meeting Alice Marcella has been a blessing , I never thought I would make so much profits in a short period of time , that's why I call her a wizard most times..
@jimgottom2330
@jimgottom2330 2 жыл бұрын
Great skills and knowledge about the market. I enjoy full profits and easy withdrawal with no complains, trade with the best.
@gilbertmyles9887
@gilbertmyles9887 2 жыл бұрын
Alice is Awesome! I traded 12.6 btc with them since 2021 and they never disappoints me. Best traders ever! //
@sillivahoskins7421
@sillivahoskins7421 2 жыл бұрын
marcella helped me to understand technical analysis, now i can examine the current chart and predict which way the market will go. She’s definitely the best pro traders i know.
@Hamsterkombatw9
@Hamsterkombatw9 2 жыл бұрын
Some people like all Wayne Dreadski music but not ALL!
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