NOOHHH.. Bad CLOESH statuehs like eveyrdoby can't get rich.. NOTH GOHD nut IFFF ON, CAN BE WEIL TO enoghg onliveh that Exahctlhy. RICHT FO CHURCH.. ADN NOBODHY CAN DO GET CLEAIHM.
In summary... there are two ways to become rich buying stock: 1. Buy good assets at a good price. 2. Buy assets for less than they're worth. He also says that it is important to control risk and to act as a contrarian.
Or his full of BS like most investors, His company Oaktree Holdings share have gone down by 5% since 2018 so where are the 23% return that he talks about? Sure 7% dividend a year but that would mean 7% not 23% a year
Howard Marks’ insights are invaluable, especially in today’s volatile market. As someone focused on long-term investing, I’m curious-how do you navigate value opportunities during rapid rate hikes without overexposing to risk?
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Canadian here...When I first read 'The Most Important Thing' I didn't like it...Then I started to invest and after a few years I read the book again and was amazed at how much it improved...Everything Marks wrote about in his book, I experienced in the market...Since then I think I've re-read his book about 5 times...If I could advise any beginning investor what to read before he starts investing, I would tell him to read this book. And on top of that it was a pleasure to read. Marks really writes well...Just my two cents...
Any other insights for a fellow Canadian investing noob? What other books or authors do you recommend, and any websites or tools I should subscribe to etc Thanks
@@Qjemuse Well since you asked...The following books all taught me important lessons... 1) The Outsiders by William N. Thorndike Jr. 2) Benjamin Graham and the Power of growth Stocks By Frederick K. Martin 3) You Can Be a Stock Market Genius by Joel Greenblatt 4) The Single Best Investment by Lowell Miller There are others but this list will keep you busy for awhile... However after reading whatever books you decide to read, you will learn the most valuable thing you will ever learn from is your own experience investing in the market. That's what makes Mark's book so valuable... Good luck and enjoy your investing journey...
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
First of all.. money doesn't grow on trees. And After dipping my toe in it, and well versed on the whole concept, it is dirty. You need people "retail" those folks who always get ridiculed or belittled by constructional traders to pour their money in there. And surprise.. surprise.. the retail actually helped the market. No winner on the equal side, that is really for the retailer, cause the one who could buy a lot of it aka whale from constructional wins and grab the cash from retail. If most retail folks quit and the rich business guy decided to stopped buying the the stocks guess what will happen? Oh yeah it will be worth jackshit! @@robertshafer8968
@@ethanlee-c3dthere are players fighting each other in buy and sell tug-of-war. It’s not a scam but big players may have significant advantage as they can buy high quality services. I hope you are not talking about insider trading.
I am currently holding north of $250,000 in Cash in bank making me around 5.15% currently. I was advised to invest in the stock market as its good for passive income and high returns. but right now I need strategies to invest to secure my financial future
Right, a lot of folks downplay the role of CFA until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for CFA and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m.
I started investing 8 years ago. I have $3m invested now. The markets have been really good to me even 2022. As soon as I saw the market tanking I deployed a good amount of capital to buy more. Investing is a must for those wanting to build wealth.
Howard Marks is a true legend in the investment world. As co-chairman of Oaktree Capital, he’s made a name for himself by mastering distressed securities and delivering insightful investment memos that even Warren Buffett reads. His books, The Most Important Thing and Mastering the Market Cycle, are must-reads for any serious investor looking to understand market cycles and risk management.
The way to make money in the stock market is to become a politician and invest in all the stocks that you secretly know will increase based on your behind closed-door meetings.
I will save a lot of people money by saying instead of going out and buying various books that you use your local library to borrow them. This is free advice worth thousands of dollars over a lifetime. Good luck. :)
Last year, I invested $15k in Crypto and made about $426k within a few months-and it’s still growing. I’ve always been a strong advocate for trading because it’s been incredibly rewarding for me. Looking forward to achieving financial freedom soon. And by the way, awesome content, brother!
My candid advice is to have trading guidance before getting involved in the crypto market. Alex Gomez is probably the best I’ve ever come across, he is well recommended for newbies and his technical analysis is one of the best out there any investor can engage with.
Trading is the real investment. The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.
Alex Gomez signals and prediction is awesome actually i was skeptical at first lol, until I decided to try. It's huge returns is awesome! I can't say much.
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh i laugh you, because you will remain where you are or even make huge loses that will stop you from trading, this has been one of the biggest problem to new traders
@berryobrain8433 ow year i bought some Sol last year although i was tempted to sell this year but my account manager advised me not to do so and I'm happy now that i listened to him 😊
@@lanzeborille7518it's not late for anyone to join the crypto market cause predictions are still up and with a good account manager you will be just fine
If you owned Oaktree Capital Management stock since 2018, which is Mark's company, you would have had less than zero percent return since then until now. It Ipo'ed at 24,65 USD, and trades at 24,33 today nearly 7 years later, zero dividends. The s&p 500 has nearly tripled in those 7 years. His is not wrong about most of the things he says though, and Oaktree does seem cheap at this price. Not often you come by a fund of that size with a p/e of 9.
Just another bean counter who gets on stage desperatly trying to look funny and cool with roughly 15 seconds of useful information in a 1 hour video... and even that 15 secs is 'revelations' like 'buy low sell high'. :D I guess these people missed their teen years doing nothing, and they mistake their audince with all the hot highschool gls they wanted to impress back than. Useless garbage.
Very good video. Thanks for putting it up. I especially liked the tennis example. It reminded me of Charlie Mungers advice to always look at the inverse of things. In life and investing, people first look at what do I need to do to get rich. Things like, what’s the best school to attend, the best place to work, what is the best investment for maximal gain. Charlie would also look at the inverse. Things like, living below your means, which frees up money to invest. Keeping fees low so more of your money can work for you. Anyway, you get the idea. Again, insightful video.
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
I stopped listening and taking financial advise from these TH-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024
My CFA Julianne Iwersen-Niemann a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
@@LarsBergstrom-uh2eupick undervalued stock or correctly valued stock that has direct influence over mass population. (Ex: Banks, retails like Walmart, tech companies, etc) just make sure they have enough cash in hand . You won’t beat the market necessarily but you won’t lose money . And also DCA is ur friend. Never go 100% in a stock in one time but buy in chunks every month or every quarter
I've been crushing it for many years, but its always been NVDA carrying the day. I just wish I went all in on them instead of tip-toed in with such fear at the start.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
This man is absolutely right. Ive been investing 8 years without previous experience or wisdom, and ive learned the hard way. And these are the life lessons ive learned.
This video posting is misleading . The date of this video was at least a decade prior to the pandemic when interest rates were near zero. There is no indication in the heading of the video of the actual date of the talk at Google. The date should have been posted.
John Kenneth Galbraith was born (1908) and raised in Canada He was a Canadian citizen. In 1937, Galbraith became an American citizen and retained his Canadian citizenship.
Not sure if anyone can answer: 1. I have ARKK which holds TSLA, PLTR, COIN. I also have those as individual stocks. Individual average is super outperforming ARRK. would you close out ARKK? 2. If an acct has two funds thst, 2gether, total 100k, but not individually, do you get the benefit of that magic accelersted snowball after 100k, or not until each equates to 100k?
the most important thing in investing is buy things less than their intrinsic value control risk buy at low price act as contrarian we must evolve-be better
To the question at the end, Marks is addressing the difference between forecasting and strategizing. The difference is that the strategist enumerates all possibilities, or as many as practicable, then determines the expected value of all available decisions whereas the forecaster predicts a specific outcome, often without associated probability estimates or acknowledgement of any other possible outcomes.
@@majorkuntz I have and it's time consuming because there is no index. if every viewer has to go through that exercise it's less efficient than if the video providers do it once.
The answer is market participants will know if that is expensive or not. Now next question is who is market participants. The answer is in a family the person who does daily buying vegetables may be a market participants as a buyer. If a seller in market, then an min 10 years of doing same business may be a market participants. Hope I tried to clear your query. Another thing one must think in probability of success game. For an example if you go to your school today you can find a guy who is doing best in his studies and ready for 10th exam and at the same time one more guy is a back bancher. If I ask you to invest 95% of your entire wealth which one will you choose? If you choose the back bancher then buy option with 10% of your entire wealth. If your answer is the best guy then you can give 95% right. It's not the return it's all about risky. Once your risk is determined money is available by borrowers also.
30:01 this really goes to show that in 2024 even an ETF might be a bad idea considering that it's currently overvalued by what the past has shown us in terms of what performance to expect and how it can make sense to build a personal brand because it might make something great and it's basically free to do
As much as he's probably a great investor, I find that his talks and memos rarely, if ever, contained anything I didn't already know. This talk is no exception.
Is stock market actually getting better or is this the regular start of the quarter market manipulation to entice investors? I'm currently sitting on savings and i'm wondering do I invest in company stocks or just buy gold?
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
Finding financial advisors like Stacy Lynn Staples " who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
What's the best strategy for investing during this period of volatility? Most of my portfolio is in cash, and I'm looking to invest about $180K in stocks.
Knowledgeable Investors know where and how to invest to maximize returns. See a fiduciary with experience if you are unable to manage these market conditions.
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Vivian jean wilhelm is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Can someone explain the section where he explains the fund with 14yrs of average 37 percentile abut to only end up with 4% overall? I’m new to investing
What he is basically saying is that when you look at the one year return in comparison all other funds he is just slightly above average. The thing that sets him apart is that he is doing this slightly above average return constantly over a long time period. In the short term other participants might have been lucky due to the general randomness in the market which is also why he appears to be slightly above average in the short time span. In the long term on the other hand theese people who where lucky can't replicate their short term success. Thats why he ends up in the 96th percentile in the long run across 14 years, which means that he has achieved a better return over this time span than 96% of all other funds (or he is in the top 4%, when it comes to money managers). This doesn't give any hint on his actual performance but just a reference of how is performance was in comparison to others.
Noob question here: If an investment company accumulates e.g. $100 million of investors' money, and let's say the company put them into a time-deposit which gains % interest, is that interest distributed back to investors or what do they do with it? Where can I learn more about the contractual agreement between the client and the investment company?
Distribution to Investors: In many investment funds, the earnings (including interest) generated by the fund’s investments are periodically distributed back to investors in the form of dividends or interest payments. This is common in mutual funds or income-focused funds, where the goal is to return a portion of the gains directly to investors. Alternatively, the company may reinvest the earnings to grow the total investment pool. This is common in growth-focused funds, where the aim is long-term capital appreciation rather than regular payouts. Investors would benefit indirectly, as their investment's value should increase over time, but they wouldn't receive cash payouts regularly. Management Fees: Some of the interest income might also be used to cover management fees or operating costs, as outlined in the fund’s terms. This is generally specified in the agreement, detailing what percentage of gains (if any) the management team is entitled to.
The company can do what the hell it likes with its own money. Only REITs are obliged to pay a certain percentage of profits as a dividend to maintain REIT status.
I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $200,000 to create a strong investment portfolio, which stocks would you choose for better returns?
Investing successfully demands hard work and mental discipline, buying in times of panic, selling during euphoria, and staying patient through boredom. It is less about intelligence and more about temperament, with emotional control making up 95 percent of the process.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
Soooooo his investment philosophy is the same as buffett's: "The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are."
*I had problem comprehending trading in general. I tried watching other TH-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow*
1:05:02 "you gotta be careful today ... Caution has to be a very important component of everybody actions today." 🤣 It was 2014-2015, after we have had 10 years of raging bull market, and he suggested to be cautious. 🤣
This was certainly true for certain periods in the past, but not for all of them. And just watched a video outlining nine different 10-year periods during which you would have stayed even or lost money if you had invested in the s&p 500. The fact of the matter is that the trends of the past are not guaranteed to continue in any given decade. I think the years from 197 2 today were quite lucrative for the stock market, but there's no reason to think that that will continue. More accurately, there's no reason to think that the same investing strategies that have worked for the last 50 years will continue to work for the next 50. A lot has changed, particularly the Advent of investing bots. I'm not saying don't invest, I'm just saying you can't expect things to continue the way they have
*Just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.*
No, there is a reason why Buffett is sitting on cash. He says it is because he can't find good compaies to buy at cheap prices. That is the analytical explanation, the effect I would dare to say. The psychological explanation is that we are reaching the top of a craze in the market, which has lasted for 100 years. The next fall will be spectacular and last at least ten years - talking s&p500 at less than 2000, maybe even under 1000. So everybody talking about investing now is basing that on those last 100 years. Which is wrong. I have started investing in precious metals, treasuries and stocks when silver was at 22 and now is 34 because before I did not have any money. I expect to start getting out of the market entirely when gold exceeds 2800 and I am probably completely out when silver gets over 50. Matter of fact I have started pumping money into an s&p500 short etf. The market are not linear and are guided by sentiment. Mark my words: in a couple of years everything is going to fall. There will be a correction up, so at s&p3500 roughly you might choose to enter the market and get out over 4000. if you start investing now, be sure you don't need the money before at least 2035.
That's why I choose Intel. The US the try everything (tariffs & others) to limit asian semiconductor monopoly. And boost local chip production. National chip production will be more important than Oil production. Intel already has Intel 18A silicon ready for manufacturing in 1H2025 (TSM 2nm competitor). Amazon will use it for all it's future custom AI silicon (2 others customers not names yet).
Don’t let the price confuse you with Value …. Many stocks in Utilities & Energy & Metals & Miners & Basic Materials have a ton of room to grow & are profitable & have nice dividends
I have a failing switch or bulb at home; each time the switch is on, the bulb can either go on or remain off. So even in the everyday physical world, there's still randomness. Then in subatomic particle world, randomness is even more rampant; anyone who has studied quantum physics knows that one can only describe the state of electrons by a probability function.
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💰Download Howard Marks' legendary investment memos here: thecompoundersclub.ck.page/302b0a383a
the PDF is still with memo's till 2007, is there an updated with recent years' memo? thanks.
He was 68 in this video, not 78.
In simplest terms… By low and sell high.
Easy, buy stocks (Apple, Microsoft, Wells Fargo) and a primary home
NOOHHH.. Bad
CLOESH statuehs like eveyrdoby can't get rich.. NOTH GOHD nut IFFF ON, CAN BE WEIL TO enoghg onliveh that Exahctlhy.
RICHT FO CHURCH.. ADN NOBODHY CAN DO GET CLEAIHM.
In summary... there are two ways to become rich buying stock: 1. Buy good assets at a good price. 2. Buy assets for less than they're worth. He also says that it is important to control risk and to act as a contrarian.
There is no "in summary". You have to live and learn. If it was easy to become rich in stocks, everyone would be rich
Question is: how do I know how much they are worth
@@BEEM206 I can't agree more. you are soo right.
Or his full of BS like most investors, His company Oaktree Holdings share have gone down by 5% since 2018 so where are the 23% return that he talks about? Sure 7% dividend a year but that would mean 7% not 23% a year
@@SarahH9000 When the markets tank and the good stocks are selling between 25%-50% below its ATH.
Boy the financial advisor scammers are heavy here! Folks only trust a fiduciary for financial advice and not one suggested on TH-cam! 💯
youtube channel owners have an obligation to police their video comments or turn them off
Its at this point where im not even sure if the video im watching is ai generated or not sometimes
Yes, and reporting the scammers to TH-cam is futile - they just don’t care. Compare that to how fast they banned “misinformation in 2020-2021
@@holyhandgrenadeofantioch2019
the channel owner can and should delete comments that are clearly scams
Howard Marks’ insights are invaluable, especially in today’s volatile market. As someone focused on long-term investing, I’m curious-how do you navigate value opportunities during rapid rate hikes without overexposing to risk?
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Her name is “CATERINA MARY CIARLANTE”. You can research her name to find the necessary details and set up an appointment.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
Canadian here...When I first read 'The Most Important Thing' I didn't like it...Then I started to invest and after a few years I read the book again and was amazed at how much it improved...Everything Marks wrote about in his book, I experienced in the market...Since then I think I've re-read his book about 5 times...If I could advise any beginning investor what to read before he starts investing, I would tell him to read this book. And on top of that it was a pleasure to read. Marks really writes well...Just my two cents...
Thank you!
Any other insights for a fellow Canadian investing noob?
What other books or authors do you recommend, and any websites or tools I should subscribe to etc
Thanks
@@Qjemuse Well since you asked...The following books all taught me important lessons...
1) The Outsiders by William N. Thorndike Jr.
2) Benjamin Graham and the Power of growth Stocks By Frederick K. Martin
3) You Can Be a Stock Market Genius by Joel Greenblatt
4) The Single Best Investment by Lowell Miller
There are others but this list will keep you busy for awhile...
However after reading whatever books you decide to read, you will learn the most valuable thing you will ever learn from is your own experience investing in the market. That's what makes Mark's book so valuable...
Good luck and enjoy your investing journey...
@@nivagnoswal much appreciated! I'll start with these
Best of luck and return on your investments as well
My investor Willing to partners with other investors,
@Boden224 👈 write up
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
The dude knows a lot about investing and human psychology. A pleasure to listen.
stocks are a scam. the way i see it.
@@ethanlee-c3d not a scam, just if you don’t know you’re way around the market, then you are just gambling.
First of all.. money doesn't grow on trees. And After dipping my toe in it, and well versed on the whole concept, it is dirty.
You need people "retail" those folks who always get ridiculed or belittled by constructional traders to pour their money in there. And surprise.. surprise.. the retail actually helped the market. No winner on the equal side, that is really for the retailer, cause the one who could buy a lot of it aka whale from constructional wins and grab the cash from retail. If most retail folks quit and the rich business guy decided to stopped buying the the stocks guess what will happen? Oh yeah it will be worth jackshit! @@robertshafer8968
@@ethanlee-c3dthere are players fighting each other in buy and sell tug-of-war.
It’s not a scam but big players may have significant advantage as they can buy high quality services.
I hope you are not talking about insider trading.
@@ethanlee-c3d loser mentality, 0 effort to understand how the world works
I am currently holding north of $250,000 in Cash in bank making me around 5.15% currently. I was advised to invest in the stock market as its good for passive income and high returns. but right now I need strategies to invest to secure my financial future
I got into stocks few years ago and my candid advice for a newbie like you is to seek help from market experts rather than TH-cam
Right, a lot of folks downplay the role of CFA until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for CFA and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Yeah, she is Jennifer Leigh Hickman , look her up. Anyone is free to contact her.
Her name is *Jennifer Leigh Hickman* . I can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I started investing 8 years ago. I have $3m invested now. The markets have been really good to me even 2022. As soon as I saw the market tanking I deployed a good amount of capital to buy more. Investing is a must for those wanting to build wealth.
Howard Marks is a true legend in the investment world. As co-chairman of Oaktree Capital, he’s made a name for himself by mastering distressed securities and delivering insightful investment memos that even Warren Buffett reads. His books, The Most Important Thing and Mastering the Market Cycle, are must-reads for any serious investor looking to understand market cycles and risk management.
Thanks!
@@mike_valueinv do you know if his fund is available to the public
The way to make money in the stock market is to become a politician and invest in all the stocks that you secretly know will increase based on your behind closed-door meetings.
Yea. Tmai...
@@MyShotsTickle-im5ssthe Pelosi method.
Nancy Pelosi...
I’ve been waiting like 10 years for Costco stock to be undervalued
It will nvr happen
Why? Just invest if you like it. They are probably on the verge of a split
I will save a lot of people money by saying instead of going out and buying various books that you use your local library to borrow them. This is free advice worth thousands of dollars over a lifetime. Good luck. :)
Some library don’t have them tho
Also buying them is way better cos it’s accessible to you at all time
@@sirmeyo770 Many local libraries will request books from other libraries for you if they don't have them.
lol. Last spending I worry is the money I pay for books. I often buy used.
@@sirmeyo770 Many libraries will request books if they don't have them.
Last year, I invested $15k in Crypto and made about $426k within a few months-and it’s still growing. I’ve always been a strong advocate for trading because it’s been incredibly rewarding for me. Looking forward to achieving financial freedom soon. And by the way, awesome content, brother!
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
Sound good, How do you do that?I'm interested, how do I go about getting started?
My candid advice is to have trading guidance before getting involved in the crypto market.
Alex Gomez is probably the best I’ve ever come across, he is well recommended for newbies and his technical analysis is one of the best out there any investor can engage with.
Trading is the real investment. The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.
Alex Gomez signals and prediction is awesome actually i was skeptical at first lol, until I decided to try. It's huge returns is awesome! I can't say much.
Its true. Buying good companies means buying at a expensive price. Risk free companies are too pricy.
That’s usually true. But occasionally you can buy good companies at great prices.
@@GG-el5tefor example
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time
Trading in bitcoin now is the widest thing to do now especially beginners
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh i laugh you, because you will remain where you are or even make huge loses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade, seeing my portfolio low makes me very sad.
@@Marcos56-c8i You are right! I have lost a lot of trading all by myself without a guide, it's an uneasy ride for me.
Who else is seeing this video after making some profit since this past election?❤
Me !! 😂 i never thought i deed have this turn around this year , i must say that investment is really good when you have the right knowledge
Like!! It's more than just amazing, my crypto just boomed and i didn't even notice till i saw it on the news
@davidanderson8650 for real, i feel sorry those who didn't put interest in it then many will be regreting there decision right now
@berryobrain8433 ow year i bought some Sol last year although i was tempted to sell this year but my account manager advised me not to do so and I'm happy now that i listened to him 😊
@@lanzeborille7518it's not late for anyone to join the crypto market cause predictions are still up and with a good account manager you will be just fine
Your perception about corporate bonds is brilliant and practical - and I admire your practicality - thank you Howard 😊
If you owned Oaktree Capital Management stock since 2018, which is Mark's company, you would have had less than zero percent return since then until now. It Ipo'ed at 24,65 USD, and trades at 24,33 today nearly 7 years later, zero dividends. The s&p 500 has nearly tripled in those 7 years. His is not wrong about most of the things he says though, and Oaktree does seem cheap at this price. Not often you come by a fund of that size with a p/e of 9.
They are owned by Brookfield asset management. Better off buying stock in their company...
It has a 14% dividend which is very high. I don’t know why you would say there is no dividend.
Just another bean counter who gets on stage desperatly trying to look funny and cool with roughly 15 seconds of useful information in a 1 hour video... and even that 15 secs is 'revelations' like 'buy low sell high'. :D I guess these people missed their teen years doing nothing, and they mistake their audince with all the hot highschool gls they wanted to impress back than. Useless garbage.
The way he emphasizes the importance of controlling risk and understanding the true value of assets is something every investor should hear
Very good video. Thanks for putting it up. I especially liked the tennis example. It reminded me of Charlie Mungers advice to always look at the inverse of things. In life and investing, people first look at what do I need to do to get rich. Things like, what’s the best school to attend, the best place to work, what is the best investment for maximal gain. Charlie would also look at the inverse. Things like, living below your means, which frees up money to invest. Keeping fees low so more of your money can work for you. Anyway, you get the idea. Again, insightful video.
He is absolutely right , I would not say I learned anything new... I would say..he stamped my way of thinking....
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
I stopped listening and taking financial advise from these TH-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024
That's heavy! keep it up, I could really use the expertise of these advisrs, my portfolio has been down bad....who exactly is the person guiding you?
My CFA Julianne Iwersen-Niemann a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
SCAMMER
Damn, he is much better than his books which i read and messed up. This is awesome video. Thanks.
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
I think in most cases you can tell from an outcome whether a decision was right. "Because there is a lot of randomness".
Ml most cases in the market or most cases in the real world?
That Mark Twain quote is just brutal, man. Brutally real!
Reading the title I wasn't sure if it was worth watching , but then released how intelligent this person is!
Howard Marks is one of the great investor Maestros. 👍
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, ETfs and high-yield savings account.
Just buy Gold and protect your assets, the stock market is a rollercoaster.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
how do I get one and interview them? Considering your point I won’t want to get into a bubble. Can you recommend any?
Monica Mary Strigle is a hot topic even among financial elitist in lower Manhattan. Just browse, you’d find her, thank me later.
Stock market is on fire! My portfolio is up 23% since the start of the year. Who else is crushing it?
I wish I could say the same. I've been trying to make successful stock picks all year, but I'm still in the red
@@LarsBergstrom-uh2eupick undervalued stock or correctly valued stock that has direct influence over mass population. (Ex: Banks, retails like Walmart, tech companies, etc) just make sure they have enough cash in hand . You won’t beat the market necessarily but you won’t lose money . And also DCA is ur friend. Never go 100% in a stock in one time but buy in chunks every month or every quarter
I've been crushing it for many years, but its always been NVDA carrying the day. I just wish I went all in on them instead of tip-toed in with such fear at the start.
I bought it 1.5 years back and my return is almost 80%
Up 200% on pltr
Just being an average investor but doing for a long time will make you rich, time and saving regularly is all it really takes
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Miller.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
37:16 pension fund for the previous 14 years was between 27th and 47th percentile each year, which over that timeframe was the 4th%ile !!!
This man is absolutely right. Ive been investing 8 years without previous experience or wisdom, and ive learned the hard way. And these are the life lessons ive learned.
I absolutely LOVED this interview. Thank you both!!
A profound talk. Thank you for uploading this
This video posting is misleading . The date of this video was at least a decade prior to the pandemic when interest rates were near zero. There is no indication in the heading of the video of the actual date of the talk at Google. The date should have been posted.
I really like Howard Marks. His book "most important thing" was great.
Thanks!
greetings from Brazil 🇧🇷
I've just read the cycle book and now I watched this video. I'll invest on a different way after them
thank you so much!!
Thank you for sharing this wonderful info and knowledge.
Howard Marks is one of the goats.
Really love when this channel posts up talks like this.
John Kenneth Galbraith was born (1908) and raised in Canada He was a Canadian citizen. In 1937, Galbraith became an American citizen and retained his Canadian citizenship.
Not sure if anyone can answer:
1. I have ARKK which holds TSLA, PLTR, COIN. I also have those as individual stocks. Individual average is super outperforming ARRK. would you close out ARKK?
2. If an acct has two funds thst, 2gether, total 100k, but not individually, do you get the benefit of that magic accelersted snowball after 100k, or not until each equates to 100k?
Thank you for this video. Donot remove this for sometime now.
the most important thing in investing is
buy things less than their intrinsic value
control risk
buy at low price
act as contrarian
we must evolve-be better
3rd time watching learn something every time. excellent
Good video. It must be really old because the speaker would be around 78 years old now, and he looks very young here.
Edit: it's from around 2005.
Bro must have a time machine then, because he talks about a letter he received in 2009 and how he released a book in 2011.
It's from April 2015 he tells you as much
@Thaitanium73 I must have missed that part. I was going by what he said about something that happened in 1985 being "almost 20 years ago".
@@shahrazade26 Gotcha, he said 1995, you just misheard it as 1985, that's why you were 10 years out 👍
@Thaitanium73 Oh, thanks for clarifying.
To the question at the end, Marks is addressing the difference between forecasting and strategizing. The difference is that the strategist enumerates all possibilities, or as many as practicable, then determines the expected value of all available decisions whereas the forecaster predicts a specific outcome, often without associated probability estimates or acknowledgement of any other possible outcomes.
Internet has made all this legendary stuff available for free.
Buy low, sell high! That's my formula.
Anthony thoughts on "the smart investor," by Benjamin Graham? Is this guy book better or same?
It would be nice to list the books he mentioned in the description.
@@majorkuntz I have and it's time consuming because there is no index. if every viewer has to go through that exercise it's less efficient than if the video providers do it once.
The books mentioned are in the description
How to know if the stock is expensive or cheap? That’s not make sense.
The answer is market participants will know if that is expensive or not. Now next question is who is market participants. The answer is in a family the person who does daily buying vegetables may be a market participants as a buyer. If a seller in market, then an min 10 years of doing same business may be a market participants. Hope I tried to clear your query. Another thing one must think in probability of success game. For an example if you go to your school today you can find a guy who is doing best in his studies and ready for 10th exam and at the same time one more guy is a back bancher. If I ask you to invest 95% of your entire wealth which one will you choose? If you choose the back bancher then buy option with 10% of your entire wealth. If your answer is the best guy then you can give 95% right. It's not the return it's all about risky. Once your risk is determined money is available by borrowers also.
My investor Willing to partners with other investors,
@Boden224 👈 write up
30:01 this really goes to show that in 2024 even an ETF might be a bad idea considering that it's currently overvalued by what the past has shown us in terms of what performance to expect and how it can make sense to build a personal brand because it might make something great and it's basically free to do
I read that 800 pg book Security Analysis. I haven't read any other book. Didn't need to
9:30. 27:26 30:00 32:55 35:30 38:30 40:00 55:00
Pure gold, than you very much:)
dont invest in gold
A dollar saved, is ten dollars earned....live life by that motto and you will be wealthy.
Québécois here, the book "The most important thing" is just great. Highly recommended.
As much as he's probably a great investor, I find that his talks and memos rarely, if ever, contained anything I didn't already know. This talk is no exception.
Is stock market actually getting better or is this the regular start of the quarter market manipulation to entice investors? I'm currently sitting on savings and i'm wondering do I invest in company stocks or just buy gold?
The 5 percent fixed incomes are a safe bet. Save your cash for when the market actually shows sign of recovery or better still seek professional help.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
Your advisor must be really good, how I can get in touch with them as my portfolio isn't doing well.
Finding financial advisors like Stacy Lynn Staples " who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
What's the best strategy for investing during this period of volatility? Most of my portfolio is in cash, and I'm looking to invest about $180K in stocks.
Knowledgeable Investors know where and how to invest to maximize returns. See a fiduciary with experience if you are unable to manage these market conditions.
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Hy, How can I reach them directly please???
Vivian jean wilhelm is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I’ve just looked up her full name on my browser and found her webpage, very much appreciate this
when was this recorded?
Howard marks, read his books. It is amazing
What are the returns after fees?
Can someone explain the section where he explains the fund with 14yrs of average 37 percentile abut to only end up with 4% overall? I’m new to investing
What he is basically saying is that when you look at the one year return in comparison all other funds he is just slightly above average. The thing that sets him apart is that he is doing this slightly above average return constantly over a long time period. In the short term other participants might have been lucky due to the general randomness in the market which is also why he appears to be slightly above average in the short time span. In the long term on the other hand theese people who where lucky can't replicate their short term success. Thats why he ends up in the 96th percentile in the long run across 14 years, which means that he has achieved a better return over this time span than 96% of all other funds (or he is in the top 4%, when it comes to money managers). This doesn't give any hint on his actual performance but just a reference of how is performance was in comparison to others.
So what does Buffet say in the preface of his book.
Noob question here: If an investment company accumulates e.g. $100 million of investors' money, and let's say the company put them into a time-deposit which gains % interest, is that interest distributed back to investors or what do they do with it? Where can I learn more about the contractual agreement between the client and the investment company?
Distribution to Investors: In many investment funds, the earnings (including interest) generated by the fund’s investments are periodically distributed back to investors in the form of dividends or interest payments. This is common in mutual funds or income-focused funds, where the goal is to return a portion of the gains directly to investors.
Alternatively, the company may reinvest the earnings to grow the total investment pool. This is common in growth-focused funds, where the aim is long-term capital appreciation rather than regular payouts. Investors would benefit indirectly, as their investment's value should increase over time, but they wouldn't receive cash payouts regularly.
Management Fees: Some of the interest income might also be used to cover management fees or operating costs, as outlined in the fund’s terms. This is generally specified in the agreement, detailing what percentage of gains (if any) the management team is entitled to.
The company can do what the hell it likes with its own money. Only REITs are obliged to pay a certain percentage of profits as a dividend to maintain REIT status.
I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $200,000 to create a strong investment portfolio, which stocks would you choose for better returns?
Wow that point about being in the 4th percentile really was a good point!!
I like it, I'm only good at things anyone can do.
When was this class?
Investing successfully demands hard work and mental discipline, buying in times of panic, selling during euphoria, and staying patient through boredom. It is less about intelligence and more about temperament, with emotional control making up 95 percent of the process.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
excellent share, Just looked up her name and spotted her consulting page ranked top. after reviewing her credentials i reached out to her.
Easy, buy stocks (Apple, Microsoft, Wells Fargo) and a primary home
nvdia
Palentir
Soooooo his investment philosophy is the same as buffett's: "The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are."
good call on not naming Federer. He wins by waiting for his opponent to make a mistake. not hitting losers
*I had problem comprehending trading in general. I tried watching other TH-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow*
Excellent presentation
Marvelous tennis analogy!
27:24 Actually, that guy was right.
1:05:02 "you gotta be careful today ... Caution has to be a very important component of everybody actions today." 🤣
It was 2014-2015, after we have had 10 years of raging bull market, and he suggested to be cautious. 🤣
Great talk, thanks for uploading!
Very good talk.
what percent gain should one take.
This was certainly true for certain periods in the past, but not for all of them. And just watched a video outlining nine different 10-year periods during which you would have stayed even or lost money if you had invested in the s&p 500. The fact of the matter is that the trends of the past are not guaranteed to continue in any given decade. I think the years from 197 2 today were quite lucrative for the stock market, but there's no reason to think that that will continue. More accurately, there's no reason to think that the same investing strategies that have worked for the last 50 years will continue to work for the next 50. A lot has changed, particularly the Advent of investing bots. I'm not saying don't invest, I'm just saying you can't expect things to continue the way they have
Sir pls elaborate tax rules and applicable tax on this process
*Just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.*
No, there is a reason why Buffett is sitting on cash. He says it is because he can't find good compaies to buy at cheap prices. That is the analytical explanation, the effect I would dare to say. The psychological explanation is that we are reaching the top of a craze in the market, which has lasted for 100 years. The next fall will be spectacular and last at least ten years - talking s&p500 at less than 2000, maybe even under 1000. So everybody talking about investing now is basing that on those last 100 years. Which is wrong.
I have started investing in precious metals, treasuries and stocks when silver was at 22 and now is 34 because before I did not have any money. I expect to start getting out of the market entirely when gold exceeds 2800 and I am probably completely out when silver gets over 50. Matter of fact I have started pumping money into an s&p500 short etf.
The market are not linear and are guided by sentiment.
Mark my words: in a couple of years everything is going to fall. There will be a correction up, so at s&p3500 roughly you might choose to enter the market and get out over 4000.
if you start investing now, be sure you don't need the money before at least 2035.
Thank You ❤
My investor Willing to partners with other investors,
@Boden224 👈 write up
That's why I choose Intel.
The US the try everything (tariffs & others) to limit asian semiconductor monopoly. And boost local chip production.
National chip production will be more important than Oil production.
Intel already has Intel 18A silicon ready for manufacturing in 1H2025 (TSM 2nm competitor).
Amazon will use it for all it's future custom AI silicon (2 others customers not names yet).
He is ultra humble. He hide his dig on Peter Lynch by telling distracting story
If timing is one of the very important things in investing, I am not sure it's the best time to get into stocks while many are at their ATH.
Don’t let the price confuse you with Value …. Many stocks in Utilities & Energy & Metals & Miners & Basic Materials have a ton of room to grow & are profitable & have nice dividends
What is the name of the fund he mentioned with 23 percent return?
Probably buffets Hathaway
I have a failing switch or bulb at home; each time the switch is on, the bulb can either go on or remain off. So even in the everyday physical world, there's still randomness. Then in subatomic particle world, randomness is even more rampant; anyone who has studied quantum physics knows that one can only describe the state of electrons by a probability function.
What year is this?
Thanks. Great explanitions.
When this video have been recorded ?
2015. He mentioned "1995" as 20 years ago.