Berkshire's 2023 annual shareholder meeting: Watch the full morning session with Warren Buffett

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  • เผยแพร่เมื่อ 13 พ.ค. 2024
  • Berkshire Hathaway Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger preside over the 2023 Berkshire Hathaway annual meeting. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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ความคิดเห็น • 456

  • @ryanwilliams989
    @ryanwilliams989 4 หลายเดือนก่อน +1140

    Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...

    • @BiancaSherly-qt6sb
      @BiancaSherly-qt6sb 4 หลายเดือนก่อน +1

      It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing....

    • @maryHenokNft
      @maryHenokNft 4 หลายเดือนก่อน +1

      i've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free...

    • @maggysterling33254
      @maggysterling33254 4 หลายเดือนก่อน +1

      @@maryHenokNft Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?

    • @maryHenokNft
      @maryHenokNft 4 หลายเดือนก่อน +1

      Wright promptly do a web check where you can connect with her *Gertrude Margaret Quinto* and do your research with her full names mentioned..

    • @StellaMaris-lv2uq
      @StellaMaris-lv2uq 4 หลายเดือนก่อน +1

      Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

  • @KieferRomer
    @KieferRomer 2 หลายเดือนก่อน +790

    There are lots of mixed opinions about stocks and their projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading, but then again what do I really know? I'm just looking for the right moves to grow and hedge my stagnant reserve of $370k from inflation.

    • @ChrisHermosa8
      @ChrisHermosa8 2 หลายเดือนก่อน

      Strategic investment is important. My ideal investment is a varied portfolio that includes stocks, bonds, and ETFs. It gives excellent long-term return and has performed admirably thus far, with the assistance of an asset manager on the side. 10xing my portfolio in a few years does not seem too far-fetched to me.

    • @KieferRomer
      @KieferRomer 2 หลายเดือนก่อน

      Talking about coaching, do u consider anyone worthy of recommendations? I have money set aside to taste the water now that large cap stocks are at a discount... Thanks

    • @ChrisHermosa8
      @ChrisHermosa8 2 หลายเดือนก่อน

      Yes, she's Lisa Ann Moberly; the best out there.

    • @KieferRomer
      @KieferRomer 2 หลายเดือนก่อน

      I just quickly looked her up and her credentials. She seems very knowledgeable, so I wrote to her about my financial market goals and set up a call. Many thanks.

  • @alexanderfinlay9639
    @alexanderfinlay9639 11 หลายเดือนก่อน +750

    I'm afraid of making fatal money mistake and going broke again. I'm in my 30s and I'm here for some advise

    • @manylinkz.lining
      @manylinkz.lining 11 หลายเดือนก่อน +3

      Earn more than you spend. Saves you a lot of worries

    • @debrab7844
      @debrab7844 11 หลายเดือนก่อน +1

      I am 61 single no kids, I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!

    • @user-hx3qk8mw4e
      @user-hx3qk8mw4e 11 หลายเดือนก่อน

      @@debrab7844 What is the name of this advlsor that grew your IRA to $2million? I could really use her services.

    • @debrab7844
      @debrab7844 11 หลายเดือนก่อน +2

      @@user-hx3qk8mw4e She's Kathleen Carole Yanelli. You could just go ahead and look her up

    • @mmcewen9789
      @mmcewen9789 11 หลายเดือนก่อน

      @@debrab7844 She doesn't make fees when you take it out.

  • @tunnelvision3246
    @tunnelvision3246 8 หลายเดือนก่อน +979

    As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.

    • @graceocean8323
      @graceocean8323 8 หลายเดือนก่อน

      A lot of folks downplay the role of advisors 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.

    • @MattDouglas-hj9wh
      @MattDouglas-hj9wh 8 หลายเดือนก่อน

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

    • @graceocean8323
      @graceocean8323 8 หลายเดือนก่อน

      "Carol Pasol Lewis" is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.

    • @champhallier8468
      @champhallier8468 8 หลายเดือนก่อน

      I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.

  • @Davidstowe872
    @Davidstowe872 5 หลายเดือนก่อน +426

    Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

    • @Elkemartin213
      @Elkemartin213 5 หลายเดือนก่อน +7

      Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

    • @SteveEstrada-js9nu
      @SteveEstrada-js9nu 5 หลายเดือนก่อน +6

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

    • @CindyValenti
      @CindyValenti 5 หลายเดือนก่อน +8

      I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?

    • @SteveEstrada-js9nu
      @SteveEstrada-js9nu 5 หลายเดือนก่อน +7

      I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

    • @CindyValenti
      @CindyValenti 5 หลายเดือนก่อน +5

      Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

  • @johnben9
    @johnben9 9 หลายเดือนก่อน +1128

    These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

    • @KevinClarke9
      @KevinClarke9 9 หลายเดือนก่อน +4

      Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @LukeMcfarlane5
      @LukeMcfarlane5 9 หลายเดือนก่อน +3

      I agree, before the pandemic got real serious, I used to handle all my investment and I was pretty good at it, fast forward to post-pandemic and my-portfolio is steady in the red with profit rate down to the lowest, that's when I touched-base with a coach I saw featured on business week, who restructured my portfolio and over the last couple years, I've made over $850k from initially $210K

    • @ritalorrigan
      @ritalorrigan 9 หลายเดือนก่อน +3

      @@LukeMcfarlane5 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @ritalorrigan
      @ritalorrigan 9 หลายเดือนก่อน +2

      @@LukeMcfarlane5 Thanks for the info. I did my own research, and your advisor looks advanced and experienced. I emailed her and scheduled a phone call. She is experience can't wait to have a chat.

    • @ScottArmstrong12
      @ScottArmstrong12 9 หลายเดือนก่อน

      @@LukeMcfarlane5 Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @smsfelipe
    @smsfelipe ปีที่แล้ว +197

    Imagine being 90+ and still sharp as a knife. True legends!

    • @rdubb2060
      @rdubb2060 ปีที่แล้ว +2

      Definitely 🐐

    • @cluggyahoo
      @cluggyahoo ปีที่แล้ว +9

      It's amazing indeed. Their peckers may have stop functioning half a century ago but their minds are sharper than most 50 year old people

    • @lillilooc
      @lillilooc ปีที่แล้ว +1

      Living on the blood of infants def gets the ol' flush in the cheeks going eh

    • @ayabokti161
      @ayabokti161 ปีที่แล้ว

      These men are idiots. You look up to fools.

    • @josephham
      @josephham 10 หลายเดือนก่อน

      They seem to be treating people right I mean 500000 per share is incredible even Berkshire b is great these guys are honest business men

  • @billybrannon6394
    @billybrannon6394 11 หลายเดือนก่อน +235

    Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust.

    • @lucasanderson8993
      @lucasanderson8993 11 หลายเดือนก่อน +4

      Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by

    • @carter3294
      @carter3294 11 หลายเดือนก่อน +4

      Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counsellor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

    • @oliviataylor4672
      @oliviataylor4672 11 หลายเดือนก่อน +4

      Absolutely, Fiduciary-counselors have exclusive information and data paths that are not disclosed to the public.. I've made worth of $260k in raw profits from just Q3 of 2022 under the guidance of my Fiduciary-counselor “CHRISTINE ANN PODGORNY”. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

    • @billybrannon6394
      @billybrannon6394 11 หลายเดือนก่อน +3

      .How can I count with CHRISTINE ANN PODGORNY, what are her services, is she verifiable, do you think she can help me, I live in Canada?

    • @alicegomez7232
      @alicegomez7232 11 หลายเดือนก่อน +2

      Wow thats a huge milestone. Please how can i reckon with such skillset? i want to grow my emergency funds of approximately $57,000 advantageously

  • @brianwhitehawker1756
    @brianwhitehawker1756 6 หลายเดือนก่อน +440

    lnvesting in the stock market has historically provided higher returns than other forms of investment with the average annual return for the S&P 500 index, being approximately 10% over the past 3 decades. I'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.

    • @codeblue11
      @codeblue11 6 หลายเดือนก่อน

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

  • @AmicusAI
    @AmicusAI ปีที่แล้ว +413

    0:06 - Agenda for the event
    1:18 - Introduction of Directors and key personnel
    4:29 - Discussion of earnings and overall financials
    7:12 - Change in business climate and expectations
    9:53 - Increase in investment income
    10:57 - Insurance underwriting outlook for the year
    12:25 - Historical growth of earnings
    13:04 - Berkshire Hathaway's net worth under GAAP accounting
    14:03 - Explanation of float and its importance in insurance
    15:42 - Jain's contribution to increasing float
    17:04 - Update on cash and treasury bills as of March 31st and April
    22:00 - Question about balancing conservatism and aggression in investments, and if emotions play a role in decisions
    22:30 - Buffett admits to making bad investment decisions but not due to emotions
    26:23 - Ajit talks about Geico's progress in telematics, technology challenges, and improving profitability
    29:11 - Greg talks about BNSF, its efficiency, and long-term focus on delivering value and service to customers
    31:48 - Buffett praises Todd Combs for his work on Geico, especially on matching rate to risk
    33:02 - Buffett discusses public insurance companies and highlights the success of Berkshire Hathaway Specialty, created by Ajit and four others
    36:05 - Questions about AI, Robotics, and their impact on stock markets and society
    36:58 - Robotics adoption in BYD's factories in China
    37:10 - Skepticism about AI hype, preference for old-fashioned intelligence
    37:33 - AI's limitations, example of AI not understanding jokes
    38:40 - Concerns about AI's influence and potential consequences
    39:45 - Warning about brewing storm in US commercial property market
    40:19 - Berkshire Hathaway's limited activity in commercial real estate
    40:42 - Anticipation of significant, unpleasant consequences from hollowing out downtowns
    43:33 - Thoughts on the future of value investing and adaptation for investors in a rapidly changing landscape
    45:02 - Belief that opportunities for value investors will still exist due to people making mistakes
    47:53 - Expectation of unpleasant episodes in a world where many smart people are trying to outsmart each other
    49:37 - Update on unique transaction with AIG in 2016 and risks of banks with assets susceptible to rising interest rates
    50:02: Insight on Berkshire liabilities susceptibility to duration; Berkshire doesn't have to put it into matching bonds, but a general pool of assets
    51:40: Payments made have been slightly below the anticipated amount in terms of share of losses
    52:54: Deal is performing well; actual payouts are 96% of projections
    55:04: Berkshire has 4x more stockholder capital behind each dollar of premium volume than normal
    58:02: Estate planning problem: Failure of parents to prepare the next generation for inheritance or business succession
    1:02:01: Estate planning advice: Live the values you want your kids to have and make sure your will reflects that
    1:05:11 - Discussion of reprehensible behavior at BNSF and other subsidiaries
    1:05:25 - Breaching agreement with tribal land, looking to resolve the issue
    1:06:11 - Lessons learned from the breach, respecting agreements
    1:06:34 - Addressing derailment issues, working with tribes to mitigate problems
    1:07:45 - Discussing the frequency of derailments and their inevitability
    1:09:37 - Question on continued development of new energy and its future
    1:10:27 - Challenges in building transmission and integrating renewable energy
    1:12:02 - $70 billion of known projects required for energy transformation
    1:14:22 - Difficulty of recreating urgency and unity seen during World War II to tackle energy challenges
    1:17:56 - Question on who's behind Greg Abel and Jain in their respective roles
    1:20:28 - Discusses changing managers infrequently and having the right person running the company
    1:21:37 - A former Solomon Brothers employee thanks Buffett for saving the company
    1:22:32 - Most important things for the US to remain strong and potential reasons for its strength being undermined
    1:27:09 - Need for different solutions to address global challenges and the importance of adapting to those challenges
    1:29:04 - Potential concerns after Buffett passes away, such as a corporate raider taking control of Berkshire and changing its philosophy
    1:33:15 - Emphasizes the importance of Berkshire remaining a secure, well-managed company with a diverse portfolio and strong shareholder base
    1:36:07 - Story about meeting Jain and how he knew he struck gold despite Jain's lack of insurance experience
    1:38:27 - The importance of recognizing talent regardless of formal education
    1:39:32 - Munger shares a story about finding Louis Vincenti within their companies and his remarkable retailing knowledge
    1:42:09 - Ben Rosner, his strong partnership with Leo Simon, and their interesting business ventures
    1:47:33 - Jain discusses the property cat business, the renewal date, and their current portfolio exposure to property catastrophe
    1:51:22 - Freedom to make their own decisions without pressure from Wall Street
    1:53:34 - Buffett doesn't understand the technical aspects of all businesses, he understands consumer behavior
    1:55:17 - Buffett and Munger emphasize learning over time and getting wiser in making business decisions
    1:59:40 - Buffett and Munger discuss their Japanese investments, building trust with Japanese companies, and potential long-term opportunities
    2:06:15 - Charlie discusses the insanity of vast diversification, suggesting it's better to focus on best ideas rather than worst
    2:07:51 - Attendee from Hong Kong shares his positive experience investing in Berkshire Hathaway and asks about US-China internet companies' valuation and price disparity
    2:09:45 - Charlie expresses the importance of US and China getting along and promoting free trade for mutual benefit
    2:11:00 - Discussion about the geopolitical balance and the need for both countries to understand the consequences of pushing each other too far
    2:16:08 - Question about the selling of Taiwan semiconductor shares; Warren cites geopolitical issues and preference for US-based companies
    2:18:47 - Question about the 100-year vision for Berkshire Hathaway; Warren shares his admiration for Ben Graham
    2:20:46 - Success of Ben Graham's book that changed his life
    2:23:00 - Munger adds half of Graham's investment returns came from investing Geico
    2:26:35 - Jain about Geico's efforts to offer insurance at the point of sale with auto manufacturers
    2:32:21 - Control of voting rights in Berkshire Hathaway and whether CalPERS and BlackRock will get their way with ESG
    2:35:08 - Discussion about fund management fees and the behavior of certain funds
    2:36:05 - Berkshire Hathaway's share buybacks and future capital allocation decisions
    2:39:19 - Tom Nelson from Minnesota asks Charlie about his controversial statements on the COVID-19 vaccine
    2:40:28 - Advice for Berkshire owners once others are running the company
    🤓🤓

    • @InvestorCenter
      @InvestorCenter ปีที่แล้ว +4

      Thank you!!!

    • @tenzinrigsang7703
      @tenzinrigsang7703 ปีที่แล้ว +14

      There are special places for people like you in heaven.

    • @tontj
      @tontj ปีที่แล้ว +2

      Thanks for writing this.

    • @djramz3
      @djramz3 ปีที่แล้ว +2

      Thank you!! ❤

    • @greggbonti4952
      @greggbonti4952 ปีที่แล้ว +2

      Playback speed adjustment available in video settings. Just a reminder... Thanks for posting the timestamps!

  • @lisajenkins4793
    @lisajenkins4793 7 หลายเดือนก่อน +67

    I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.

  • @ryanarmendariz8003
    @ryanarmendariz8003 ปีที่แล้ว +37

    Thanks for posting the long videos in addition to the clips CNBC

  • @lailaalfaddil7389
    @lailaalfaddil7389 10 หลายเดือนก่อน +185

    The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off passive income since July 6, 2016. You’ve got to start taking steps to achieve your goal.

    • @susannnico
      @susannnico 10 หลายเดือนก่อน

      What kind of investment would you advise? And what is the best way to follow it?

  • @Matt-yz3iq
    @Matt-yz3iq ปีที่แล้ว +203

    Warren Buffet is 92 and he is running a shareholders meeting in front of a live audience without issues and is completely coherent. Just incredible.

    • @barath4545
      @barath4545 ปีที่แล้ว +8

      Dietist, personal doctor(s), personal trainer, an army of assistents to outsource tasks to and a family office to handle everything and coordinate etc makes life simpler.
      I only know one billonaire (aged around 54-55, selfmade, been that rich since 2017), and he is barely a dollar billionaire but he lives the same type of life.
      The love for what they do and a ruthless outsourcing of everything else to others + razor focus on keeping his health tip top is his prime objective.

    • @Matt-yz3iq
      @Matt-yz3iq ปีที่แล้ว +5

      @@barath4545 fair but I thought Warren Buffet ate McDonalds every day lol

    • @EMERGENCYBROADCAST2024
      @EMERGENCYBROADCAST2024 ปีที่แล้ว +15

      Yea not like joe biden who’s the president of the USA

    • @EclipseCircle
      @EclipseCircle ปีที่แล้ว +4

      ​@@Matt-yz3iq That's just marketing. Don't forget that Warren Buffet started out as a salesman. Same reason you see See's Candies boxes on stage with them.

    • @Therevolution7
      @Therevolution7 ปีที่แล้ว +2

      Charlie is 99...

  • @ervinmurray1253
    @ervinmurray1253 6 หลายเดือนก่อน +104

    I am experiencing one of the most challenging phases of my life... Lost a fortune lnvesting in emerging companies... How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

    • @scottjuarez9549
      @scottjuarez9549 6 หลายเดือนก่อน

      Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

    • @EmiliaAbelard
      @EmiliaAbelard 6 หลายเดือนก่อน

      Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $320K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know.

    • @LaurenFeller-dd7uf
      @LaurenFeller-dd7uf 6 หลายเดือนก่อน

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @EmiliaAbelard
      @EmiliaAbelard 6 หลายเดือนก่อน

      There are a lot of independent advisors you might look into. But i work with Viviana Marisa Coelho and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

  • @SerenGordon
    @SerenGordon ปีที่แล้ว +24

    5lSuccessful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.....

    • @Richards631
      @Richards631 ปีที่แล้ว

      You are right, to be a successful person in life require him or her of hard work and time

    • @eleanor_hutchinson
      @eleanor_hutchinson ปีที่แล้ว

      The thing about been successful is working toward it and not going the other way round

    • @Nicholas-Richardson
      @Nicholas-Richardson ปีที่แล้ว

      It's obvious everyone is doing this online Investment

    • @ErinBurns75
      @ErinBurns75 ปีที่แล้ว

      ​@@Nicholas-Richardson I totally agree with you it has been an eye-opening experience for a lot of people.

    • @Marina_lam
      @Marina_lam ปีที่แล้ว

      Invstmnt is the key to achieving success with the current pandemic slowing down so many businesses

  • @Andrian-ch3on
    @Andrian-ch3on 9 หลายเดือนก่อน +155

    I genuinely mean it when I say that this economic recession has left me incredibly angry and exasperated. I have good companies bought but instead of making profits I've lost over a quarter of my portfolio since a year.
    I've been considering hiring a financial advisor, but I'm torn between choosing a male or female advisor. Who do you think would be more trustworthy?

    • @RickMckee-nq4ni
      @RickMckee-nq4ni 9 หลายเดือนก่อน +2

      The 2022 stock market downturn still lingers, and with ongoing inflation and the Federal Reserve's plan to raise interest rates, the financial industry expects further fluctuations. Recent research by Wells Fargo and Vanguard shows that women tend to approach investing in a more systematic manner. They demonstrate greater patience, make fewer trades, and often achieve superior risk-adjusted returns compared to men. I love my advisor "Avery Barnes Whidden" she exemplifies this trend.

    • @CurateHub
      @CurateHub 9 หลายเดือนก่อน +1

      @@RickMckee-nq4ni Out of curiosity, I looked up your advisor's name.on thee web because I'm in dare need of financial assistance. what I found about her was intriguing. I'm preparing to contac her right away to learn more about her services.

    • @bobs182
      @bobs182 9 หลายเดือนก่อน

      We aren't having negative GDP growth so what recession are you talking about?

    • @ArthurDentZaphodBeeb
      @ArthurDentZaphodBeeb 9 หลายเดือนก่อน +1

      Another scammer shilling for yet another 'advisor'. How many similar posts have you made? 10,000? 100,000? They're on every financial channel. Who's paying you for these shill posts?

    • @amiry2589
      @amiry2589 9 หลายเดือนก่อน

      Alway a male, unless it's for cooking or cleaning then go with a female.

  • @TheNumismatist1812
    @TheNumismatist1812 ปีที่แล้ว +32

    Becky Quick does such an awesome job when covering these two. She’s magnificent. Two historic icons setting in those chairs.

  • @craftycrabhobby5457
    @craftycrabhobby5457 ปีที่แล้ว +11

    I love these 2 guru. they are funny, humble, and very capable. national treasure material for sure.

    • @AurelioLopez173
      @AurelioLopez173 ปีที่แล้ว +1

      Oh please, how can someone get to speak with James edward

  • @InvestorCenter
    @InvestorCenter ปีที่แล้ว +41

    Warren Buffett and Charlie munger are legends ❤️

    • @thevivekmathema
      @thevivekmathema ปีที่แล้ว

      dianoroures!

    • @rod910
      @rod910 2 หลายเดือนก่อน

      Keep up the good work you'll be the next legend one day I subscribed to your channel

    • @InvestorCenter
      @InvestorCenter 2 หลายเดือนก่อน

      @@rod910 thank you :)

  • @user-xv8mk2ix4o
    @user-xv8mk2ix4o 5 หลายเดือนก่อน +6

    Rest in peace Mr Charlie Munger
    You will be a legend forever!

  • @BuzzSargent
    @BuzzSargent ปีที่แล้ว +12

    Based on net worth in Berkshire world I am a nobody. However, I truly value this entire show. We can learn more in listening to Warren, and Charlie that in years at a business college. The big takeaway is integrety. Holding fast to finding a good business to own and allowing the people you purchased with that business to do their job with greater capital going forward. Thank you for allowing us regular Joes to watch this show. Lots of smart people out here, good people, but not much money people too. Happy Trails from Florida

  • @alexyoung3126
    @alexyoung3126 ปีที่แล้ว +59

    Lynch has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $253k to put in the market now that prices are down. Any ideas?

    • @joesphcu8975
      @joesphcu8975 ปีที่แล้ว +3

      It takes some gut to really remain in the market despite downturns and all. So just find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +1

      I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว +2

      This is something I've been planning to do for a while now. My portfolio has been falling, and I'm scared, but I know the market always recovers. I wonder if I've been on the right stocks. How do I get in touch with your advisor?

    • @lawerencemiller9720
      @lawerencemiller9720 ปีที่แล้ว +3

      I work with "Helene Claire Johnson". I understand what it's like to see your portfolio going down. I hope the performance improves.

    • @stephaniestella213
      @stephaniestella213 ปีที่แล้ว +1

      I'm grateful to stumble on this convo. out of curiosity I was able to reach her web page on google and email her. I'm hoping she will respond to me shortly.

  • @johnnorwood5999
    @johnnorwood5999 ปีที่แล้ว +4

    Warren at 92 and Charlie at 99, these two nonagenarians have a combined 191 years of experience. Nothing like being a life long learner. I love the shareholder meetings for that reason alone.

  • @runecape465
    @runecape465 5 หลายเดือนก่อน +4

    Rest in piece charlie, thank you for sharing your knowledge with the world

  • @vladestoup2342
    @vladestoup2342 ปีที่แล้ว +10

    Man all CNBC had to do was make timestamps chapters for this video. They literally bring zero value these days

    • @MrRaitzi
      @MrRaitzi ปีที่แล้ว +2

      No need. Pure gold all the way.

    • @jonasscheuer7639
      @jonasscheuer7639 ปีที่แล้ว +1

      just watch it whole you business-school goblin xD

  • @mezafman
    @mezafman ปีที่แล้ว +3

    It’s so nice to see you two always look forward to this annual meeting.

  • @djamelreilly5433
    @djamelreilly5433 5 หลายเดือนก่อน +3

    Rest in peace Charlie.
    you'll be missed in next years meeting.

  • @dannywcctp
    @dannywcctp ปีที่แล้ว +1

    Thank you.

  • @viniciusduarte3567
    @viniciusduarte3567 5 หลายเดือนก่อน +2

    R.I.P Mr. Charlie, thanks for sharing your knowledge with us

  • @thomaschang3042
    @thomaschang3042 5 หลายเดือนก่อน +3

    Charlie rest in peace

  • @Locrian08
    @Locrian08 2 หลายเดือนก่อน +1

    @48:00 Yes.

  • @cristianbaranga5255
    @cristianbaranga5255 ปีที่แล้ว +6

    Charlie has great sense of humor!

  • @OOCASHFLOW
    @OOCASHFLOW ปีที่แล้ว

    Anybody know which video has the rest of it?

  • @adityapatnaik7078
    @adityapatnaik7078 ปีที่แล้ว +4

    it is amazing listening to these two people. His thoughts on life and timeless wisdom is so rare in todays world and ago. It would do enormous good to manking if people spend some time listening to these investing legends than watching celebrity flaunt their bodies. I dont understand how people waste time listening to useless stuff . it really makes me very sad and sometimes i feel it is not viable to do what we can.

    • @ruohanSun
      @ruohanSun ปีที่แล้ว +1

      I totally agree

  • @leightonschmitt9794
    @leightonschmitt9794 ปีที่แล้ว +3

    I feel like Ajit speaks with much more candor than Greg. I'd like to see him more direct with both the good and the bad.

  • @MC-hj5du
    @MC-hj5du 5 หลายเดือนก่อน +2

    The 24’ annual meeting is going to feel odd without Charlie and his wise cracks.

  • @MarcCareyBooks
    @MarcCareyBooks 7 หลายเดือนก่อน

    Thank you for the video.

  • @marriagepartnersministry5942
    @marriagepartnersministry5942 ปีที่แล้ว +6

    Charlie Munger mentioned BYD co without a direct question about BYD. This shows me Charlie has been thinking alot about BYD co and what they are doing in their business. BYD a clear number two to Tesla

    • @NK-mr3rh
      @NK-mr3rh ปีที่แล้ว

      BYD is killing Tesla in China I believe

  • @mariapanayioto1733
    @mariapanayioto1733 5 หลายเดือนก่อน

    Mr Buffet is want to say that I have been very proud that I had the opportunity to watch the videos regarding the economy and also the financial wold And I thank you for evetything.AIso Mr Charlie and mr Gates .
    You are all wonderful .
    I thank you for your ideas .

  • @barbarosozturk
    @barbarosozturk ปีที่แล้ว +6

    What a great intro. What an inspiring duo. These guys are made different.

  • @ideaCorp
    @ideaCorp ปีที่แล้ว

    Thanks 🙏

  • @josephvogel684
    @josephvogel684 ปีที่แล้ว

    Svb deposits should have been covered oner it "insured" $250,000 amount. Can I get paid over the insured amount at GEICO

  • @troublelessone7999
    @troublelessone7999 10 หลายเดือนก่อน

    Awesome and fascinating presentation .. I found it great to hear how coherent Mr. Buffett is. His logic and practical business savvy is something beyond incredible considering his age. He reminds me of the kind elderly gentleman in the movie "Up."

  • @Commando303X
    @Commando303X ปีที่แล้ว +2

    1:19:37: I love that, at this point, Charlie Munger has decided to just take a nap.

    • @DiceDecides
      @DiceDecides 7 หลายเดือนก่อน

      that's so funny, and he gave a decent answer too... I mean man's 100 in 2 months

  • @royharrington8482
    @royharrington8482 ปีที่แล้ว +4

    Excellent meeting ; well co ordinated . Trust that the company goes from strength to strength . All the best to Warren Buffett and Charlie Munger and may they enjoy good health

  • @EmilyMartinez.
    @EmilyMartinez. 6 หลายเดือนก่อน +2

    I just sold a property in Portland 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 $450k gains with months, I'm really just confused at this point.

    • @trazzpalmer3199
      @trazzpalmer3199 6 หลายเดือนก่อน +2

      It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

    • @MattDouglas-hj9wh
      @MattDouglas-hj9wh 6 หลายเดือนก่อน +2

      I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

    • @MattDouglas-hj9wh
      @MattDouglas-hj9wh 6 หลายเดือนก่อน +2

      There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.

    • @ChristopherDavies_
      @ChristopherDavies_ 6 หลายเดือนก่อน +1

      thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly

  • @user-xb3jw4br8b
    @user-xb3jw4br8b 7 หลายเดือนก่อน

    Thank you for this great opportunity to change my life! you the great human been

  • @user-bp1zl8bm2k
    @user-bp1zl8bm2k 6 หลายเดือนก่อน

    I love you ️️️ Thank you for the videos

  • @rod910
    @rod910 2 หลายเดือนก่อน

    Following these two professionals has changed my life for the better in more ways than one

  • @jun9098
    @jun9098 ปีที่แล้ว +1

    Thx CNBC

  • @bertschlemmer4435
    @bertschlemmer4435 ปีที่แล้ว +1

    Idea: are there trades that could be placed that would hedge against the chance of profit precentage. If strategy is 57% chance of profit, what trade could cover the 43% side, if that makes sense.? ✌️

  • @topdecile
    @topdecile ปีที่แล้ว

    I wish someone would ask if the BRK cash hoard is earmarked to buy back Warren and Charlie's stakes after they pass?

  • @Sivart713
    @Sivart713 ปีที่แล้ว +8

    king charles eating peanut brittle. I think i will try some now

    • @swb3248
      @swb3248 ปีที่แล้ว

      Love it!!!

  • @anjushah4223
    @anjushah4223 ปีที่แล้ว +1

    0:52 the joke by warren was really awesome...❤❤❤❤❤❤😂😂😂😂😂

  • @user-vk8lt9pp3y
    @user-vk8lt9pp3y 11 หลายเดือนก่อน

    Big thank you from all of your fans! You are an awesome human been!

  • @amanaryan4655
    @amanaryan4655 ปีที่แล้ว

    Thats Great❤

  • @SchonTennis
    @SchonTennis 5 หลายเดือนก่อน +1

    Love these guys. Charlie I will miss you.

  • @markusdierker4495
    @markusdierker4495 ปีที่แล้ว +3

    Go Warren, go Charlie!

  • @union310
    @union310 5 หลายเดือนก่อน +2

    God bless Charlie, rest in peace

  • @Historyteacheraz
    @Historyteacheraz 5 หลายเดือนก่อน +1

    Thank you Charlie for your wisdom. You inspired me to write A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger.

  • @patricklafontaine137
    @patricklafontaine137 10 หลายเดือนก่อน

    merci

  • @ALENJOE7
    @ALENJOE7 5 หลายเดือนก่อน +3

    Rip charlie munger

  • @johnnymartinARTIST
    @johnnymartinARTIST 4 หลายเดือนก่อน +1

    these meetings are over...no one is going to even CROSS THE STREET to listen to a railroad expert and an insurance salesman from India. Warren loves these guys...(he also loved Dexter shoe)

    • @maalikserebryakov
      @maalikserebryakov 2 หลายเดือนก่อน

      The End of Berkshire hathaway Annual meetings
      Pajit Jain will be standing in front of an empty hall of chairs fantasising about commanding 1% of the wit in Munger’s finger

  • @harvenius
    @harvenius ปีที่แล้ว +5

    Love these guys

  • @newtonbubber1681
    @newtonbubber1681 ปีที่แล้ว

    2.40.30: Becky Quick was not that Quick for her last question before lunch 😊
    Buffet Rule 1: Be always ready even when you are not ready.
    Buffet Rule 2: If lost, follow Rule 1.
    What a wonderful annual meeting 2023. Always source of learning & implementing same in our every day life, whether business or personal.
    Wishing you good health & long life Mr. Buffet & Mr. Munger.

  • @hurleypiano3953
    @hurleypiano3953 ปีที่แล้ว +1

    Great acoustics.

  • @ThomasinaAdams27
    @ThomasinaAdams27 5 หลายเดือนก่อน

    They are not old just fine vintage and sharp. Thank you, Mr. Buffet for all of the many free videos teaching valuable principals and concepts for investing and breaking the figures down making it easy to grasp and gain a great understanding about wealth and how to build wealth. You are never too old to learn with the right mindset.👏👏👏💞💞💞

  • @jafeerkhan3417
    @jafeerkhan3417 ปีที่แล้ว

    Great friendship....

  • @bradleyhasse5220
    @bradleyhasse5220 ปีที่แล้ว +1

    Charles Munger is a real OG

  • @mangoeyink
    @mangoeyink ปีที่แล้ว

    21:32 Charlie's first words... Man I love this guy! These guys! And Girls (yes you young ladies), now I shall continue

  • @UsmanSattarMD
    @UsmanSattarMD 5 หลายเดือนก่อน +3

    R.I.P Mr. Munger!🙏

  • @gladymirhyodo7076
    @gladymirhyodo7076 3 หลายเดือนก่อน

    hellow warren buffet iam reading your books about how to build the businese is very interested,but i ask something question about stock market up doun the rate,this is the best for passive sourece of income,is better to real state property,anyway thank you so much warren@

    • @maalikserebryakov
      @maalikserebryakov 2 หลายเดือนก่อน

      High IQ Indian moment

    • @maalikserebryakov
      @maalikserebryakov 2 หลายเดือนก่อน

      Warren buffett has never authored a book; and if he did he definitely wouldn’t author one on Entrepreneurship and Real Estate. Two things he has never done -_-s

  • @user-ku1zm7su2q
    @user-ku1zm7su2q 4 หลายเดือนก่อน

    YOUR STRATEGIES ARE SIMPLY AMAZING! I'VE TRIED SO MANY DIFFERENT APPROACHES TO BINARY OPTIONS OVER THE YEARS, BUT NOTHING HAS WORKED AS WELL AS YOUR METHODS. THANK YOU FOR SHARING YOUR KNOWLEDGE AND EXPERTISE WITH US - YOU'RE TRULY MAKING A DIFFERENCE IN THE LIVES OF SO MANY TRADERS.

  • @Samlowkiapeng1888
    @Samlowkiapeng1888 ปีที่แล้ว

    Brother i am still watching the 2022 AGM this is too fast

  • @mariapanayioto1733
    @mariapanayioto1733 5 หลายเดือนก่อน

    I would like to say that admire the above people .
    For being so much simple and having
    A good heart
    And so much simplicity .ofthe above video.
    I want to thank mr Buffet for his precious ideas and I admire also his
    Economy way that I would like to follow.
    And I want to say that they are wonderful people
    And I m enjoying their video talking .
    Their simplicity their beautiful character is very rare
    And I m very proud of being able to live
    A massage to them

  • @bikashshrestha1472
    @bikashshrestha1472 5 หลายเดือนก่อน +1

    Rip legend charlie.

  • @vdiitd
    @vdiitd ปีที่แล้ว +5

    Imagine being this old and still remain sharp. Not sure how many of us will be like that if at all we grow that old.

    • @ruohanSun
      @ruohanSun ปีที่แล้ว

      Maybe we won't live to that age lol

  • @evelynramos445
    @evelynramos445 10 หลายเดือนก่อน

    Behind the scene Melissa!

  • @johnnorwood5999
    @johnnorwood5999 ปีที่แล้ว +1

    Here's a favorite nugget: Warren: Investment opportunities lie in the fact the "world is overwhelmingly short-term focused." Min. 48.28.

  • @myflymkultra268
    @myflymkultra268 8 หลายเดือนก่อน

    36:51 vocal shapeshift

  • @Jupiter1423
    @Jupiter1423 5 หลายเดือนก่อน +1

    Warren must be feeling real weird not having Charlie around anymore

    • @maalikserebryakov
      @maalikserebryakov 2 หลายเดือนก่อน

      Of course:
      Losing a close friend is worse than losing family imo.

  • @maalikserebryakov
    @maalikserebryakov 2 หลายเดือนก่อน

    22:15
    Indian nearly dies of nervousness asking the most basic question 😂

  • @edgar6458
    @edgar6458 ปีที่แล้ว

    I like that more mainstream news sources are covering Palentir, but its extremely obvious they dont understand the company

  • @user-he4wn3ne1f
    @user-he4wn3ne1f 9 หลายเดือนก่อน

    Just the best blogger in trading and investments🐺

  • @udarpavarota396
    @udarpavarota396 หลายเดือนก่อน +1

    Charlie was drinking water at his last annual meeting. This should have been a telltale sign that not everything was going well with him.

  • @mariapanayioto1733
    @mariapanayioto1733 4 หลายเดือนก่อน

    I would like to wish you
    MERRY Christmas. And I thank you .

  • @yukiyau_ngalai
    @yukiyau_ngalai ปีที่แล้ว +1

    Really so grateful that Buffett reveals inspiring business calculation and amazing long list of lessons, you help me raise life value, get good results and earn money ❤😊🙏🏾

    • @yukiyau_ngalai
      @yukiyau_ngalai ปีที่แล้ว

      Thank you so much for supporting mom and yuki, we have the same goals ❤❤😊😊

  • @milosnestorovic1594
    @milosnestorovic1594 ปีที่แล้ว

    Realistic and correct story,idea,strategy,policy, but very Well-Known and has been Around for more than Forty years....Are there new ideas,strategies today,and is it even POSSIBLE for them exist, given the circumstances and REALITY TODAY?

  • @EMERGENCYBROADCAST2024
    @EMERGENCYBROADCAST2024 ปีที่แล้ว

    Always lovely 😊 ❤❤❤❤

  • @SnoopyKiller85
    @SnoopyKiller85 10 หลายเดือนก่อน +2

    Man some people asking questions don't really care about the answer, they just want their 2 seconds of "fame".

  • @clarkenathan7046
    @clarkenathan7046 ปีที่แล้ว

    Amazing legends

  • @ryanweaver962
    @ryanweaver962 8 หลายเดือนก่อน

    Streams and pools of risk and investments. They matter… common languages. .

  • @algoenelcamino312
    @algoenelcamino312 6 หลายเดือนก่อน

    1:00:00 Sublime.

  • @davidmcintyre7908
    @davidmcintyre7908 ปีที่แล้ว +2

    In terms of there having 'never been a book that has consistently sold like it', someone please tell him about the Bible...

  • @favio28248
    @favio28248 3 หลายเดือนก่อน

    Genios!!

  • @learning_it_all
    @learning_it_all ปีที่แล้ว +4

    What are the odd that Warren Buffett will live more than greg😅

  • @daviddahm3621
    @daviddahm3621 ปีที่แล้ว

    Warren great family inheritance planning advice!

  • @joshuanewby5275
    @joshuanewby5275 7 หลายเดือนก่อน

    Jesus Lives and I am very thankful and Grateful for you all.. Thanks to everyone who contributed to make this happen.

  • @md.saddamhhossain2708
    @md.saddamhhossain2708 4 หลายเดือนก่อน

    Great