Case in point: Berkshire is in the top five of most billionaire portfolios. Good advice for adding fresh ideas to your watchlist, then turning on your own brain. There's thousands of choices. Narrow it down with the smart money and then start applying your own experience and learning.
Warren Buffett also has very specific advice for smaller investors. He can't simply look for value in smaller companies because of the size of BRKA. Peter Lynch also provides great advice for common investors. He clearly says smaller investor are in a better position than the one they think they are.
Why isn't there an ETF that does this for me T.T Even with the lag, it's still 20+ % return per year right.. So why aren't State streets, vanguard doing this?
NO! We shouldn't. Buffett likes Coke (KO)... which hasn't done much in SIX YEARS. You'd be better off in the S&P than KO. and Buffett's worth billions... his portfolio isn't built for growth, it's build more for stability. That's fine if you've already made your fortune, but not if you're looking to have your money grow at a faster rate.
Berkshire.... a.k.a Buffett's portfolio has paced the market since 1977. While he's not blowing it out if the water like he used to I'd hardly call his investing "safe" or "boring." I feel it's got more to do with the times than anything else. New companies that are big players and generally the industry primed for growth is the tech industry. My boomer parents barely know how to use a smartphone. I doubt grandpa Buffett is too keen on tech. Sure he owns apple but that's likely because he sees them as a company that just builds and sells a tech product..... not readily understanding the R&D they do which is why they're the top/ most valuable company. Pretty sure Buffett doesn't comprehend a thing about AI or computer chips. It's not his fault.... we all "lose touch" with the times as we get older. I'm 50 years younger than Buffett and I myself feel like I'm already starting to lose touch with the times. It just happens. That said.... averaging a 11.24% return, according to the website I'm looking at, since 1977 ain't too shabby. The us stock market has averaged 11.78%..... ever so slightly better. So to your point, should you copy Buffett? Not necessarily. I mean one could and likely will at least pace the market..... but if that's one's goal.... yeah.... just but an index fund etf like VOO or any other market tracking etf. All the investors who get praised for being geniuses are all old fogies nowadays. I'm not too aware of any investor... VALUE investor... in their 30s or even 40s who's crushing it. That ARKK chick is doing great but her fund's success is pretty much propped up entirely by Tesla and imo Tesla is easily the stock that is PRIMED to crumble about 90-95%. They are barely profitable... if profitable... yet are valued like a top 10 company.... if not in the world certainly the US. They sell fucking cars. They dabble in other unprofitable barely revenue generating industries too.... but their SOLE and soul of their business is.... selling cars. Last I saw they were trading at $1100/ share. Automotive STAPLE and powerhouse GM last I saw trades at like..... $50/share. Yeah. Question isn't will Tesla fall 80-95%.... but WHEN will it collapse by 80-95%. Tesla was a company nearing bankruptcy just before the pandemic. Then the pandemic happened and truckloads of dumb money got dumped at Tesla's doorstep for...... reasons... I guess.
I think pick those companies that you have more understanding or knowledge of is a more doable action we can take instead of just 100% copy it, because some/most of them we actually not interested or has no experience and knowledge of.
I am copying warrens portfolio only his top picks....and people say that's the most stupid thing to do and stop investing and that I'm an idiot....well ever since I sold the crap stocks the so called experts say to buy...my portfolio has been stable ever since....So i'm guessing, why is it stupid to copy warren if my portfolio is finally stable? So far OXY, CVX, ATVI, APPLE. I am looking at O and STOR next. I don't have much money but my portfolio is gaining for once.
To me it depends on your goals. Buffet has already made his billions and he's trying to save it. I haven't so I'm trying to find newer companies or decimated industries (uranium for example) that once prices go up and demand increases stock prices will reflect. That's where the.... New money.... Is.
Cloning could be good if the person / fund you are cloning has the same exact goals, objectives, timelines, risk tolerances and investing style. Just blindly following the ‘super investors’ could be pretty dangerous
@@karus459 yeah, I really like his investment in ECL and WM, these two companies perform wonderfully with excellent fundamental and do good for the environment as well. I clone his investment in these companies last year and it goes really well
The self research is important also because if price action is negative, one needs to know why they are holding the stock. A lot of permanent lossed are made when people get scared and panic.
I really like your videos and your critical analysis which is why I would really encourage you to think critically about Movember, an organisation which lacks transparency and which is extremely inefficient in the distribution of funds raised to actual research. They are very successful in their branding and marketing which is why they are so omnipresent, but is this really the best way to go about making change and raising awareness?
Three months is a lot of time to give up... Why would you not just invest in a fund manager... pay the 1-1.5% and be onboard the trades as they decide to make them. Be smarter, cheat or be first cloning gives up all three.
I guess it is worth mentioning that my $2000 is different than Warren Buffet's $2,000,000. Cloning has put some companies on my watchlist, but I acknowledge it is a different risk calculation.
My indexfund portfolio is as closely cloned as possible here in Norway where I live. Who did I clone? I cloned the David Swensen's portfolio which is mentioned in Ramit Sethi's book "I Will Teach You To Be Rich". Although the book hasn't really aged well, the portfolio diversification of David Swensen has worked great for me.
My p0rtfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking st0cks anymore. Are there really no other options for me to gain from the stock market?
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
This video is confusing and you sound confused too man: you said at the start of the video that statistics prove that copying Berkshire Hathaway portfolio for 40 year have given an average return of 25ish % per year, but then later you says that blindly copying is bad. You should clarify your thoughts to yourself before presenting it to others.
Buffet ditched all gasolines during the outbreaks. I am not sure he didn’t regret. Buffet’s account don’t do well at all when Nasdaq booms. So take your pick and own balance, I’d say. Cathie Wood made a mistake by talking too loud about her politics. I’d like to see Nancy Pelosi’s investment and how she got time to do it, given her gov job responsibilities during work hours…
After you have decided whether or not a company is within your circle of competence or not, how do you value the company? Do you use the discounted cash flow method or another? Thanks from Ireland
I’m not good doing it alone but getting into the market has been my best decision so far in my road to financial independence as it turned out lucrative for me.
The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets.get an F.A.
I have traded up to a million dollars worth of financial assets with her help, she showed me the ropes and I let her handle my account afterwards because I made certain rookie mistakes.
most likely, the average blue colar investor wont get the attractive price per share the giant investors probably get out of trading hours when they are moving millions shares from one hand to other
Excellent Brandon. My name is Arturo, I'am from Argentina. I'm a value investor as you are. Honestly, I think your videos are excellent. Keep going. Thanks!
Have the fundamentals of Coupang changed? If not, and you believe in the company, that would mean it's even more undervalued now, so why not buy more? . If there's a stock you wouldn't buy more if it drops, you probably shouldn't be buying it in the first place.
@@ArcanePath360 Stocks arent a one way street. If you already get nervous if a stock is -20% then you should stick to ETF as they are less volatile. Also never buy a downward trend, but wait for a technical bottom. I am with Coupang +10%, as I bought very deep after the double dip signal and break of the downward trend in october. Like alibaba its a long term investment.
@@IamGrimalkin Rubbish. It doesn't matter if no one else is buying and the value is down for no good reason. I swatted up on Coupang and concluded that there must be something going on, perhaps stock manipulation or sabotage (2 fires in a year?) as I couldn't see why it kept going down. I believed in it and kept buying the dip, doubling down, but it all added up when my portfolio got dragged through the mud for months at a time. I eventually sold off when it was at $29, fed up with it showing no signs of recovery. I'm in the market to make money, not loose it. Since then I've put my money in better stocks and am finally in the green again and recouping my losses. If I hadn't done that I'd still be very much behind. I still have a very small amount on Coupang (£20) just for the long term hodl.
Thanks for video , it is great and helpful . Can you please tell me how to look q1/q2/q3/q4 investor link ? ( similar to list on 9:39 on this video ) thanks very much,
I'm not from tech background, nor energy, nor finance, nor manufacturing... so is my circle of competence in fast food and movie theatres?? 🙄 Perhaps I shouldn't invest at all... 🤔
McDonald's is a great stock, though not only because of the food. They own expensive properties all over the world. Good way to make a bet that housing prices will continue going up.
Right! Every financial youtuber should pay a fee for each time they use the name Warren Buffet in a video. It’s like if you use his name it legitimises anything you say.
No sense in trying to clone his portfolio but you could replicate his strategy and get even more reliable results by exposing your portfolio to the same level and type of systematic risk factors (along with using the same leverage he has) - and then do this by remaining broadly diversified rather than picking individual stocks. But should you do this? Well it Depends on your risk tolerance , investment time horizon and personal objectives. I think people are better off learning about the important models we have that explain asset pricing and market behaviour and then designing their own portfolios that are suited to their own situation.
Im sick of this “circle of competence” thing.. I have absolutely NO such circle when it comes to knowing about businesses. If anything, i might seemed more competent at seeing frauds and bad businesses because i think more of them are than really are.
Find businesses in your realm of hobbies, profession or interests. Mine is software/technology, nuclear energy, retail. It's easier once you do that cause you can read a 10k and say "those guys are doing some good shit. Let me get in on that" no one can research the entire market. Break it down to industries you're interested in, and knowledgeable. Once you do that it's not even work. You're getting paid to learn about the companies that directly effect your day to day life.
One of my favorite things is when i find a stock someone does a deepdive on that i like at an earlier point and i realize i can get it lower price. Alibaba from munger comes to mind
If it works why not do it. Some people are just much better as reading financial charts and analyzing a business. Just like not everybody is a sport star, so if you have a good idea their investments can be a good guide to follow while monitoring it as you go along and as you go along you as an individual will also learn . Great video bud.
While I agree with almost every single thing spoken in this video, one should ask why I try to clone Warren Buffett when we can BECOME Warren Buffett by buying the Berkshire Hathaway stock.
@@DonDee123 fair enough, considering their recent interventions on futures market, still baba is definitely undervalued currently, I’m Chinese and I can guarantee you baba is in most Chinese lives - online shopping & payment service etc. was gonna start my own account on US market get baba shares, Failed to do so because of current strict foreign exchange control from the gov.
Thanks for watching guys! Who else is in the cloners club?
all the comments in your channel are bots. bruh.
I am!
Why not just buy Berkshire?
Yep same with Alibaba.
@@AussieZeKieL I'm asking myself the same! Well, understanding the "learn from" argument too
Case in point: Berkshire is in the top five of most billionaire portfolios.
Good advice for adding fresh ideas to your watchlist, then turning on your own brain. There's thousands of choices. Narrow it down with the smart money and then start applying your own experience and learning.
Warren Buffett also has very specific advice for smaller investors. He can't simply look for value in smaller companies because of the size of BRKA. Peter Lynch also provides great advice for common investors. He clearly says smaller investor are in a better position than the one they think they are.
yes.Small caps historically give a way better return then blue chips
Why isn't there an ETF that does this for me T.T Even with the lag, it's still 20+ % return per year right.. So why aren't State streets, vanguard doing this?
That's past performances his recent years are not as good. Also he have too much AUM
There is :D Just buy the Berkshire stock ;)
@@kapeed14 Good answer! however if you buy berkshire you will not receive the dividends!
@@kapeed14 that's a very different product, as it can be overpriced
It would have to be actively managed, and it would be expensive, I think. But it would still beat market
3:00 please share how you get this information, website name list. Thank you!
NO! We shouldn't. Buffett likes Coke (KO)... which hasn't done much in SIX YEARS. You'd be better off in the S&P than KO. and Buffett's worth billions... his portfolio isn't built for growth, it's build more for stability. That's fine if you've already made your fortune, but not if you're looking to have your money grow at a faster rate.
Berkshire.... a.k.a Buffett's portfolio has paced the market since 1977. While he's not blowing it out if the water like he used to I'd hardly call his investing "safe" or "boring." I feel it's got more to do with the times than anything else. New companies that are big players and generally the industry primed for growth is the tech industry. My boomer parents barely know how to use a smartphone. I doubt grandpa Buffett is too keen on tech. Sure he owns apple but that's likely because he sees them as a company that just builds and sells a tech product..... not readily understanding the R&D they do which is why they're the top/ most valuable company. Pretty sure Buffett doesn't comprehend a thing about AI or computer chips. It's not his fault.... we all "lose touch" with the times as we get older. I'm 50 years younger than Buffett and I myself feel like I'm already starting to lose touch with the times. It just happens.
That said.... averaging a 11.24% return, according to the website I'm looking at, since 1977 ain't too shabby. The us stock market has averaged 11.78%..... ever so slightly better.
So to your point, should you copy Buffett? Not necessarily. I mean one could and likely will at least pace the market..... but if that's one's goal.... yeah.... just but an index fund etf like VOO or any other market tracking etf.
All the investors who get praised for being geniuses are all old fogies nowadays. I'm not too aware of any investor... VALUE investor... in their 30s or even 40s who's crushing it. That ARKK chick is doing great but her fund's success is pretty much propped up entirely by Tesla and imo Tesla is easily the stock that is PRIMED to crumble about 90-95%. They are barely profitable... if profitable... yet are valued like a top 10 company.... if not in the world certainly the US. They sell fucking cars. They dabble in other unprofitable barely revenue generating industries too.... but their SOLE and soul of their business is.... selling cars. Last I saw they were trading at $1100/ share. Automotive STAPLE and powerhouse GM last I saw trades at like..... $50/share. Yeah. Question isn't will Tesla fall 80-95%.... but WHEN will it collapse by 80-95%. Tesla was a company nearing bankruptcy just before the pandemic. Then the pandemic happened and truckloads of dumb money got dumped at Tesla's doorstep for...... reasons... I guess.
I think pick those companies that you have more understanding or knowledge of is a more doable action we can take instead of just 100% copy it, because some/most of them we actually not interested or has no experience and knowledge of.
I am copying warrens portfolio only his top picks....and people say that's the most stupid thing to do and stop investing and that I'm an idiot....well ever since I sold the crap stocks the so called experts say to buy...my portfolio has been stable ever since....So i'm guessing, why is it stupid to copy warren if my portfolio is finally stable? So far OXY, CVX, ATVI, APPLE. I am looking at O and STOR next. I don't have much money but my portfolio is gaining for once.
S&P 500 < cloning < Berkshire. per the graph, it looks like straight up copying berkshire yields better returns than just cloning a few holdings.
Dude makes copying your buddies homework sound really inspirational. 😂😂😂 0:01
The thumbnail seems to suggest that buffet has been beating the s&p index all these years, which I don't believe is true, is it?
Thank you, have been watching your channels for couple of weeks now and it's really good and really helping me through
I'm 50% ADA 50% BTC 5 year hold
@@michaelscoffed1524 ADA and DOGE, a winning combination
Like you said, those are the only two i see holding at this time
@@willsonjames6124 When did ETH go from 6% to 5% when staking to ETH2?
Thanks you for your update am long term holding. I love dogecoin
Great question "Diatom", I think when the new location is active, they ping the rigs to the old location and transfer the logs and data
I love your videos as they provide me daily updates!!!
"You're a Tracer!"
-Chasing Amy (1997)
th-cam.com/video/epHCMiCtt3M/w-d-xo.html
I wouldn't really call this approach copying or cloning since you are actually doing your own research. its more just taking inspiration from
To me it depends on your goals. Buffet has already made his billions and he's trying to save it. I haven't so I'm trying to find newer companies or decimated industries (uranium for example) that once prices go up and demand increases stock prices will reflect. That's where the.... New money.... Is.
+20% a year is not enough?
@@issaak9050 in the last 5 years it was 12% a year
Cloning could be good if the person / fund you are cloning has the same exact goals, objectives, timelines, risk tolerances and investing style. Just blindly following the ‘super investors’ could be pretty dangerous
I combine Buffett's portfolio and Bill Gates's portfolio to make my portfolio, and It does well.
@@karus459 yeah, I really like his investment in ECL and WM, these two companies perform wonderfully with excellent fundamental and do good for the environment as well. I clone his investment in these companies last year and it goes really well
The self research is important also because if price action is negative, one needs to know why they are holding the stock. A lot of permanent lossed are made when people get scared and panic.
I really like your videos and your critical analysis which is why I would really encourage you to think critically about Movember, an organisation which lacks transparency and which is extremely inefficient in the distribution of funds raised to actual research. They are very successful in their branding and marketing which is why they are so omnipresent, but is this really the best way to go about making change and raising awareness?
I usually buy 10 shares of Berkshire Hathaway per year. Just buy and hold. Buffet never lost me a dime.
The A or B one haha
@@thebesttheworst2277 probably B, A class goes for 240k per share, my man needs to be filthy rich to buy 10 shares a year of the A class shares
@@Mulderinho6 Check your numbers -- A-list is more like $434K, USD. Hasn't been $240K in over a year.
Can you share your discounted cash flow models?
Three months is a lot of time to give up... Why would you not just invest in a fund manager... pay the 1-1.5% and be onboard the trades as they decide to make them.
Be smarter, cheat or be first cloning gives up all three.
Think 1-1,5% compounding over decades. And look at the statistics: most funds can't beat S&P 500. Even less in the long run.
I guess it is worth mentioning that my $2000 is different than Warren Buffet's $2,000,000. Cloning has put some companies on my watchlist, but I acknowledge it is a different risk calculation.
Wow, great video and yet the ad actually had loads of value too. Jesus.
My indexfund portfolio is as closely cloned as possible here in Norway where I live. Who did I clone? I cloned the David Swensen's portfolio which is mentioned in Ramit Sethi's book "I Will Teach You To Be Rich". Although the book hasn't really aged well, the portfolio diversification of David Swensen has worked great for me.
how has the book not age well
My p0rtfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking st0cks anymore. Are there really no other options for me to gain from the stock market?
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
How do I Find this Person?
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
great video, the alibaba example is king.
This video is confusing and you sound confused too man: you said at the start of the video that statistics prove that copying Berkshire Hathaway portfolio for 40 year have given an average return of 25ish % per year, but then later you says that blindly copying is bad. You should clarify your thoughts to yourself before presenting it to others.
You are a f*cking legend! Thank you for this video. Will be paying more attention
You can't compare my manager/ broker to newbies who claim to be a professional
Who are some of the best small cap investors - Australia would be better. Great vid again mate.
Not a bad idea of Mohnish...Thanks
so if I blindly copy buffet and we make a big loss, wouldn't that be unlikely?
Not sure how many years of cloning we have left out of Warren and Charlie in their 90’s ? Who would be on your next cloning list ?
Seth Klarman
Bill Ackman and Jim Simons.
Buffet ditched all gasolines during the outbreaks. I am not sure he didn’t regret. Buffet’s account don’t do well at all when Nasdaq booms. So take your pick and own balance, I’d say. Cathie Wood made a mistake by talking too loud about her politics. I’d like to see Nancy Pelosi’s investment and how she got time to do it, given her gov job responsibilities during work hours…
also, is investing in brkb, equivalent to cloning Buffets portfolio
Do I able to find any great ASX value investors portfolio/move somewhere? Any suggestions are appreciated!
Jlg
how did you go? find any asx value investors?
Just buy his Berkshire stock lol trading 212 and others allow you fractional and smaller shares so it affordable.
After you have decided whether or not a company is within your circle of competence or not, how do you value the company? Do you use the discounted cash flow method or another? Thanks from Ireland
Excellent video 💎
One of your very best!
I’m not good doing it alone but getting into the market has been my best decision so far in my road to financial independence as it turned out lucrative for me.
Have you considered consulting an investment advisor or using a portfolio manager?
The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets.get an F.A.
Kathy Genelle Britton is one of the trader I have ever worked with in the past few years, she knows how best to deal with whatever market situation.
I have traded up to a million dollars worth of financial assets with her help, she showed me the ropes and I let her handle my account afterwards because I made certain rookie mistakes.
@@vivianbrown7264 I highly doubt it.
Thanks for the shoutout at the beginning - enjoyed listening to you guys!
Didn't Charlie Munger sell Ali Baba at a loss?
most likely, the average blue colar investor wont get the attractive price per share the giant investors probably get out of trading hours when they are moving millions shares from one hand to other
Retail investors have an advantage in that regard actually, as giant investors drive the price up while they buy and low while they sell
Excellent Brandon. My name is Arturo, I'am from Argentina.
I'm a value investor as you are. Honestly, I think your videos are excellent.
Keep going. Thanks!
this was exactly my question while i was taking a sh!t this morning.
I copied Bill Gates in investing in Coupang earlier this year. I regretted it ever since. Worst investment ever.
Patience needed
@@andyz.5431 Or buy much better stocks that give you a return now, and not a loss, so you can re-invest that money and compound your gains.
Have the fundamentals of Coupang changed?
If not, and you believe in the company, that would mean it's even more undervalued now, so why not buy more?
.
If there's a stock you wouldn't buy more if it drops, you probably shouldn't be buying it in the first place.
@@ArcanePath360 Stocks arent a one way street. If you already get nervous if a stock is -20% then you should stick to ETF as they are less volatile. Also never buy a downward trend, but wait for a technical bottom.
I am with Coupang +10%, as I bought very deep after the double dip signal and break of the downward trend in october.
Like alibaba its a long term investment.
@@IamGrimalkin Rubbish. It doesn't matter if no one else is buying and the value is down for no good reason. I swatted up on Coupang and concluded that there must be something going on, perhaps stock manipulation or sabotage (2 fires in a year?) as I couldn't see why it kept going down. I believed in it and kept buying the dip, doubling down, but it all added up when my portfolio got dragged through the mud for months at a time. I eventually sold off when it was at $29, fed up with it showing no signs of recovery. I'm in the market to make money, not loose it. Since then I've put my money in better stocks and am finally in the green again and recouping my losses. If I hadn't done that I'd still be very much behind. I still have a very small amount on Coupang (£20) just for the long term hodl.
I am going to buy some of the stocks he holds when the market collapses at a cheaper price 👍
Thanks for video , it is great and helpful . Can you please tell me how to look q1/q2/q3/q4 investor link ? ( similar to list on 9:39 on this video ) thanks very much,
Or in the case of Ark you get an update every day
I'm not from tech background, nor energy, nor finance, nor manufacturing... so is my circle of competence in fast food and movie theatres?? 🙄 Perhaps I shouldn't invest at all... 🤔
McDonald's is a great stock, though not only because of the food. They own expensive properties all over the world. Good way to make a bet that housing prices will continue going up.
Just buy Berkshire Hathaway Class B if you can't Buy Class A
No one can afford class A, maybe large organisations
How do you catch a ship that's allready sailed?
Really good balanced info Brandon many thanks
If you want to clone Berkshire Hathaway, buy their stocks.
Watch me as I drop a measly 434 000 USD into a
Berkshire Hathaway Inc. Class A
@@Lauri-B nice for you, I will have to sticknto class B
@@Lauri-B why can’t you buy a fraction?
If you keep talking about Warren buffet may be you should rename the channel Old Money
Right! Every financial youtuber should pay a fee for each time they use the name Warren Buffet in a video.
It’s like if you use his name it legitimises anything you say.
Value investing is the way to go, the earlier you start the better it will turn out in the end! Good video
Dividend investing also good for long term
@Jason Wu i’m 100% into dividend stocks
@Jason Wu sorry to hear that? Why lol
@Jason Wu that's obvious as we are in a bubble. However, the methodology of the research that said that is worth considering
No sense in trying to clone his portfolio but you could replicate his strategy and get even more reliable results by exposing your portfolio to the same level and type of systematic risk factors (along with using the same leverage he has) - and then do this by remaining broadly diversified rather than picking individual stocks.
But should you do this? Well it Depends on your risk tolerance , investment time horizon and personal objectives. I think people are better off learning about the important models we have that explain asset pricing and market behaviour and then designing their own portfolios that are suited to their own situation.
What's your website where you track investments of great investors?
Thanks
Super Video, thanks!
I generally dont invest in something unless 2 investers i like are in it. Just fills out the holes i might not see
I swear I asked my dad why we couldn’t do that a couple days ago, like the exact same thing.
@Jason Wu chill he a kid trying to get into investing like me
ARK Invest publish their trades every day...
as a retail investor 24% is not a big deal, however above a 1MM portfolio it is more challenging
Or just put your money in ishare NASDAQ 100. Start young and get rich.
Im sick of this “circle of competence” thing..
I have absolutely NO such circle when it comes to knowing about businesses. If anything, i might seemed more competent at seeing frauds and bad businesses because i think more of them are than really are.
Find businesses in your realm of hobbies, profession or interests. Mine is software/technology, nuclear energy, retail. It's easier once you do that cause you can read a 10k and say "those guys are doing some good shit. Let me get in on that" no one can research the entire market. Break it down to industries you're interested in, and knowledgeable. Once you do that it's not even work. You're getting paid to learn about the companies that directly effect your day to day life.
Buy excellent businesses at excellent prices! Then sit back and enjoy the show.
You wont lose unless you sell your position 😁
Very pertinent content, thank you!!👍
but warren buffett and charlie munger is old...
"Good artists create, Great artists steal" Pablo Picasso
Only if you are super rich
Thankc
Love your honesty
You cannot do it since we know those info late (after the sec filings)
A piece of art. Thanks.
One of my favorite things is when i find a stock someone does a deepdive on that i like at an earlier point and i realize i can get it lower price. Alibaba from munger comes to mind
Why copy it when you can simply buy it?
Might be better to just buy Berkshire shares… no?
Just saw that part nvm
Why clone, just buy the stock..
If it works why not do it. Some people are just much better as reading financial charts and analyzing a business. Just like not everybody is a sport star, so if you have a good idea their investments can be a good guide to follow while monitoring it as you go along and as you go along you as an individual will also learn . Great video bud.
That's awesome thank you
Buffet does not own stocks of BAC, its all bonds owns in BAC.
While I agree with almost every single thing spoken in this video, one should ask why I try to clone Warren Buffett when we can BECOME Warren Buffett by buying the Berkshire Hathaway stock.
No dividends
Alibaba was a complete clone of Mohnish and Charlie cause I originally would have never bought into the business.
Was also thinking about BABA. But Xi and the CCP scare me off from investing in china.
@@DonDee123 fair enough, considering their recent interventions on futures market, still baba is definitely undervalued currently, I’m Chinese and I can guarantee you baba is in most Chinese lives - online shopping & payment service etc. was gonna start my own account on US market get baba shares, Failed to do so because of current strict foreign exchange control from the gov.
@@xuhuang6654 I own 5000 shares of of BABA at an average of $167. Hope I didn’t make a mistake
That's most Indian good for
It looks you are good honest boy, Thanks for your videos and information :)
Awesome video thank you for the financial advice.
Makes sense! Thank you.
Leave my mate Jimmy down the road out of this, he put me on to this new squid game token the other day.
Why copy when you can just buy the shares?
It’s so silly.
the biggest gains are on his private holdings
how's that baba investment doing for ya?
Considering he bought it with a multi year time reason that's a stupid question to ask
Hello
Baba is garbage I wouldn’t never touch in Chinese stocks btw I love the content pf your video
Are you cloning all the cash they are holding now?!?!
I like your Videos but Even more your t-Shirt !
Guess Who's New 😭 Who Whoville ⁉️Bump Top Man Welh off
I'm proudly cloning Chiken Genius Singapore😏
Warren Buffett has been a underperformer since the mid 2000s when value investing died in the a$$
Fbrr