Playing the Odds w/ Super-Investor Bruce Berkowitz (RWH041)

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  • เผยแพร่เมื่อ 21 พ.ย. 2024

ความคิดเห็น • 107

  • @WeStudyBillionaires
    @WeStudyBillionaires  9 หลายเดือนก่อน +2

    📌 Check out this video next: th-cam.com/video/DpeW6KxIcQk/w-d-xo.html
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  • @blek99
    @blek99 6 หลายเดือนก่อน +7

    This is such a fantastic conversation. Bruce is not only a legendary investor but also a genuinely honest and humble human being. Kudos to William for being so well prepared for this interview. Just a treat to listen to!

    • @WeStudyBillionaires
      @WeStudyBillionaires  6 หลายเดือนก่อน +2

      So glad to hear that! ♥

    • @RichardWhiteBurrill-cj2pt
      @RichardWhiteBurrill-cj2pt 12 วันที่ผ่านมา

      @@WeStudyBillionaires a lovely experience, I love the guest and the interviewer

  • @vonb2792
    @vonb2792 9 หลายเดือนก่อน +15

    When he speak about his dad, he's swallowing his emotions (sad/tears). '''Your life was in reaction to your dad ?''That was an amazing question with a truthful answer. We are ALL in reaction to our parents actions and our upbringing. Glad to see someone admitting it

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน +2

      Thanks so much for picking up on that, @vonb2792. Bruce is a wonderfully open and thoughtful guest. Warm wishes, William

    • @dessanguyen
      @dessanguyen 6 หลายเดือนก่อน

      You are incredibly perceptive, I had to rewatch and definitely picked up that depth

  • @rokker333
    @rokker333 7 หลายเดือนก่อน +3

    YT suggested this. Great interview. Thank you!

  • @olganatzowski
    @olganatzowski 5 หลายเดือนก่อน +2

    Thank you so much having Bruce interviewed over such an extended time. Enjoyed it and it is much appreciated!

  • @nickcousyn9361
    @nickcousyn9361 9 หลายเดือนก่อน +6

    Humbled by Bruce's honesty and integrity, I learned so much from this interview

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      So glad you did! 💯

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน

      Delighted to hear it! Many thanks, @nickcousyn9361. Warm wishes, William

  • @TLA123y6f
    @TLA123y6f 8 หลายเดือนก่อน +4

    Listening to these two gentlemen converse was like a breath of fresh air.

  • @fekafie
    @fekafie 8 หลายเดือนก่อน +2

    3 years of cash is like "financial valium" is GOLD ADVICE

  • @pkozanov
    @pkozanov 9 หลายเดือนก่อน +1

    William, thank you for another exceptional interview. Your guest's humility, wisdom, and willingness to acknowledge past missteps were truly remarkable. It's evident why he's enjoyed a prosperous and esteemed investing career, earning respect among the most eminent value investors of our era.

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน +1

      Thank you for the kind words! ♥

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน +1

      Thanks so much, @pkozanov. Bruce was a wonderful guest -- as you say, humble, wise, and candid about his mistakes. A rare combination. Warm wishes, William

  • @a1osborne
    @a1osborne 2 หลายเดือนก่อน

    An investors' investor. I admire Bruce's wisdom tremendously.

  • @ljragsandfeathers
    @ljragsandfeathers 9 หลายเดือนก่อน +13

    William, I love your videos and the questions you ask. Richer, Wiser, Happier has to be one of the best titles I have read in the finance field. What really excites me is your ability to suss out the investment style and strengths of each investor. You also are willing to hold space for different styles of investing. Brilliant ❤

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน +2

      Thanks so much, @lesleyjohnson8488. That's very kind of you to say. I really appreciate it. Warm wishes, William

  • @value_investing
    @value_investing 6 หลายเดือนก่อน +1

    William should have this interview last year, before the signature bank was seized by government. I would not lose all the money for its stocks! Another Great talk!

  • @stockscompound
    @stockscompound 9 หลายเดือนก่อน +6

    Best content and interviews on TH-cam. So much wisdom. I love hearing peoples life stories we are only as good as the people who come before us.

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Many thanks, @stockmarketinvesting4960. That's great to hear. Warm wishes, William

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      So happy to hear you enjoy our series! 🙏

  • @PE-TX
    @PE-TX 8 หลายเดือนก่อน +1

    Also, would like to say what a great interviewer you are Mr. Green! You always seem to find the best questions to ask during the interview and you're such a good listener.

    • @WeStudyBillionaires
      @WeStudyBillionaires  8 หลายเดือนก่อน

      Glad you enjoyed it! 🙌

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน

      Thanks so much! That's very kind of you to say. Warm wishes, William

  • @learner-long-life
    @learner-long-life 9 หลายเดือนก่อน +1

    Another great conversation, William's preparedness and genuine curiosity and Bruce's humility and relatable stories. I'm very surprised I haven't heard of his investing before, as usual William is helping us layfolk discover the greats in plain clothing in front of us all along.

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      Glad you enjoyed the episode! ♥

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน

      Many thanks, @cryptogoth. I really appreciate your kind message. Warm wishes, William

  • @mago3331
    @mago3331 9 หลายเดือนก่อน +4

    A fan of Bruce this was a great interview, Bruce is such an independent thinker and I really appreciate that.. . Thanks to both of you ... I am always learning

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน +1

      Much appreciated! 🙌

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน +1

      Many thanks. I totally agree -- Bruce's ability to think and operate in a totally independent way is really remarkable. Warm wishes, William

  • @wenkaiyang1487
    @wenkaiyang1487 9 หลายเดือนก่อน +5

    very much appreciate your channel. it is a real finance channel that helps sincere investors a lot! thank you and keep up with the great work!

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      Thank you so much for the kind words! 🙏

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Many thanks. So glad you're finding it helpful. Warm wishes, William

  • @HepCatJack
    @HepCatJack 9 หลายเดือนก่อน +3

    It may seem torky to invest in Casino stocks, but in countries that have no casino, gamblers will often choose the stock market or sports or horse races to gamble. Buffett would sometimes find discarded bet papers at horse races, some of which had won. It's almost as if some were gambling for the adrenalin rush (like base jumping) not really caring about the outcome.

  • @Kendal2378
    @Kendal2378 9 หลายเดือนก่อน +2

    Great interview. Your respectful and inquisitive style is very appealing, Mr. Green. I just finished reading your book, by the way. A great read with so many lessons to draw from.

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน +1

      Wonderful! 🙌

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Many thanks, @Kendal2378. That's very kind of you. Warm wishes, William

  • @brentarchibald7605
    @brentarchibald7605 9 หลายเดือนก่อน +4

    Great interview, I have followed Bruce since 2010 and I learned a lot of new things about his life. Thank you!

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      Wonderful! 💡

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Thanks a lot! I'm so glad you enjoyed this conversation. Warm wishes, William

  • @RafitoMembroza
    @RafitoMembroza 9 หลายเดือนก่อน +1

    I like his St Joe thesis as an owner

  • @MosesKim-je5rj
    @MosesKim-je5rj 9 หลายเดือนก่อน +6

    Beautiful interview. Got to go learn more about St. Joe's.

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน +1

      Thanks for watching! 🙌

    • @nikolaussoundso
      @nikolaussoundso 9 หลายเดือนก่อน +1

      And Enterprise Produkt Partners was his other favourite, wasn't it?

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน +1

      Many thanks! It's a fascinating company. Warm wishes, William

    • @GrindThisGame
      @GrindThisGame 8 หลายเดือนก่อน

      yes Enterprise Products Partners L.P. (EPD)@@nikolaussoundso

  • @PE-TX
    @PE-TX 8 หลายเดือนก่อน +2

    This was really great! Rich content and insights. Thank you!

    • @WeStudyBillionaires
      @WeStudyBillionaires  8 หลายเดือนก่อน

      Glad it was helpful! 💡

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน

      Many thanks! So glad you enjoyed it. Warm wishes, William

  • @mdo5121
    @mdo5121 9 หลายเดือนก่อน +17

    most you tube influencers so called investors are self absorbed in their brand ...they avoid telling you of their failures

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Thanks, @mdo5121. Bruce is extraordinarily candid and self-effacing. It's very impressive to me. Warm wishes, William

  • @radigeorgiev9662
    @radigeorgiev9662 9 หลายเดือนก่อน +3

    William, this interview was awesome. I hope that one day you will be able to interview Peter Lynch in a setting like this one and have it uploaded. Most of the Lynch interviews are just copy paste of one another. I think a great interviewer like you is needed to have a meaningful conversation with him.

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      Thanks for watching! 🙏

    • @radigeorgiev9662
      @radigeorgiev9662 9 หลายเดือนก่อน

      @@WeStudyBillionaires I thank you guys for this amazing content! Do you think you can get Lynch on?

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Thanks a lot! I'd love to interview Peter Lynch -- it's been more than two decades since I last interviewed him. Warm wishes, William

  • @talalm.al-ajeel5608
    @talalm.al-ajeel5608 9 หลายเดือนก่อน +1

    Narrowing in to your core competency overtime + ample cash & cashflows 💯 great episode, despite him being a tad bit held back.

  • @ksmi1091
    @ksmi1091 2 หลายเดือนก่อน

    Great interview so much wisdom!

  • @bibbidi_bobbidi_bacons
    @bibbidi_bobbidi_bacons 8 หลายเดือนก่อน +1

    Great interview as always William

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน

      Thanks a lot! I really appreciate it. Warm wishes, William

    • @WeStudyBillionaires
      @WeStudyBillionaires  8 หลายเดือนก่อน

      Glad you enjoyed it!

  • @royjones59344
    @royjones59344 9 หลายเดือนก่อน +3

    Excellent interview. Nobody can accuse Bruce of being a closet indexer

  • @johnnymartinARTIST
    @johnnymartinARTIST 9 หลายเดือนก่อน +1

    DAMN-this guy is SO GOOD...I've been watching EPD since covid...enough already! Thanks William- hadn't heard of Bruce til now...

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      Glad you enjoyed the episode! 🎉

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Thanks a lot! I glanced at your art -- it looks really good. Warm wishes, William

  • @matc956
    @matc956 8 หลายเดือนก่อน +1

    This was so beautiful. ❤

    • @WeStudyBillionaires
      @WeStudyBillionaires  8 หลายเดือนก่อน

      Glad you think so! ♥

    • @RicherWiserHappier
      @RicherWiserHappier 8 หลายเดือนก่อน

      Many thanks, Marc. I'm so glad it resonated for you. Warm wishes, William

  • @jasoncloner
    @jasoncloner 9 หลายเดือนก่อน +1

    i Liked it William, good job

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Glad to hear it, Jason. Thanks a lot. Warm wishes, William

  • @jaanliitmae6599
    @jaanliitmae6599 9 หลายเดือนก่อน +1

    Fantastic piece, thx a lot!

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Many thanks! Much appreciated. Warm wishes, William

    • @WeStudyBillionaires
      @WeStudyBillionaires  9 หลายเดือนก่อน

      Glad you liked it! 💡

  • @andrewmarusic1975
    @andrewmarusic1975 9 หลายเดือนก่อน +3

    FAIRX is the best mutual fund in the business.
    Berko collects 80bps on a one stock fund.
    Annual and semi-annual letters are three sentences.
    Only shareholders left are the ones who are 20 year holders, waiting for death, and step up in basis to sell.
    10 mill in fees and nothing happening.
    Just sell the fund and buy 90% JOE and 10% MLPs for zero cost.

  • @lionels839
    @lionels839 7 หลายเดือนก่อน

    @westudybillionaires Sears have not filed bankrupcy in 2018. The filed chapter 11 and they have exited in March 2023. William have missed a lot of questions: where are the billions worth of real estate sold? Shareholders have been wiped out and there are lots of thing happening in the court right now

  • @danielfitzpatrick5799
    @danielfitzpatrick5799 9 หลายเดือนก่อน

    Has b berkowitz ever said anyt6 about bitcoin? Probably not into it

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน

      Not that I've heard or read. Warm wishes, William

  • @blaquiere141
    @blaquiere141 9 หลายเดือนก่อน +1

    I checked the portfolio and there's nothing good in there... I'll maybe watch the video some other time for wisdom lessons but how good can those lessons be when they come from a guy who picks companies that don't respect basic investing criteria... Sorry... Chris Mayer is still the GOAT.

  • @sanjaykale6235
    @sanjaykale6235 8 หลายเดือนก่อน

    Bostons Irish neighbourhood?

  • @chrismullarkey3181
    @chrismullarkey3181 9 หลายเดือนก่อน +1

    Will is full of Malarky when he talks about his Eaton friends gambling. That story is the oldest yarn in English history.

  • @hello-4229
    @hello-4229 6 หลายเดือนก่อน

    I think using quality stock videos decrease the quality.

  • @johnnymartinARTIST
    @johnnymartinARTIST 9 หลายเดือนก่อน +1

    hey William- work on your American phrases..it's "pushback" not "kickback"

    • @dannthegentleman4261
      @dannthegentleman4261 9 หลายเดือนก่อน +9

      But I think he's brittish, so why you expect him to talk American phrases instead of brittish phrases?

    • @mr.e9778
      @mr.e9778 9 หลายเดือนก่อน +2

      @@dannthegentleman4261 certain ppl think america is just the world.. he thinks he speaks american. he must be one of those types

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน +10

      You're definitely right that I sometimes make these mistakes when I'm talking -- it's pretty much inevitable that I'll slip up and misspeak at some point in a two-hour interview. I could go back and edit out the glitches to make myself look smarter and more articulate, but I'd prefer to have it feel authentic. One time, I referred to a great spiritual teacher named Neem Karoli Baba as Neem Ali Baba... So, there it is. To my suprise, it turns out that I'm fallible. Warm wishes, William

  • @chrismullarkey3181
    @chrismullarkey3181 9 หลายเดือนก่อน +2

    His 5, 10 and 15 year track record significantly underperforms the S&P so why the interview?

    • @jasoncloner
      @jasoncloner 9 หลายเดือนก่อน +1

      may be perfect time to buy

    • @MoiseLevi
      @MoiseLevi 9 หลายเดือนก่อน +1

      98% of investors underperform the SP500, yet they still make money. And big money

  • @JG-re2bb
    @JG-re2bb 9 หลายเดือนก่อน

    the host is annoying and continually interrupts Berkowitz.

    • @RicherWiserHappier
      @RicherWiserHappier 9 หลายเดือนก่อน +2

      I agree. Warm wishes, William Green

    • @TheZag
      @TheZag 9 หลายเดือนก่อน +1

      ⁠@@RicherWiserHappier i’m chuckling as I imagine you interrupting this person mid-comment with your response

    • @derrickchia9006
      @derrickchia9006 7 หลายเดือนก่อน

      yup, hubris