(#charliemunger , #investing , #stocks)
In a recent interview and speech at the Daily Journal Corporation (DJCO) meeting, Charlie Munger was interviewed on a variety of topics including inflation, his investment in Alibaba, the Daily Journal stock portfolio, Costco, life advice, wisdom on how to get rich and wealthy, bitcoin, and Berkshire Hathaway. This video goes into detail about Charlie Munger’s views on inflation, the stock market, and buying great businesses (Stocks). In this interview at the daily journal annual meeting, Munger even said he believes that Berkshire Hathaway stock will out perform the S&P 500 in future years. This interview took place at the 2023 Daily Journal Corporation meeting where Charlie Munger was interviewed by Becky Quick of CNBC.
Charlie Munger is a billionaire investor as is well known as Warren Buffett’s business partner. Munger is the Chairman of the Daily Journal Corporation (DJCO) and the Vice President of Berkshire Hathaway (BRK, BRK-A, BRK-B). Munger is well know for wisdom that he has provided in everything from graduation speeches, college lectures (24 standard causes of human misjudgment), and the legendary Berkshire Hathaway Annual Meeting.
*Disclaimer: Neither this video, not any content produced on this channel should ever be considered investing advice or official financial advice. All content is made for entertainment and educational purposes.
source
49 Comments
Charlie Munger: Why your first $100,000 will change your life https://youtu.be/NgGDNX7Fu60
Bait video.
Inflation swindles EVERYONE. Generally the equity investor (or investor in true assets) comes out better than the ones keeping cash or debt (bonds). He did say rising interest rates are difficult to the equity markets, which is true since rising interest rates should move all asset valuations lower respective to their values at lower rates.
He didn't say "Higher" or "Relatively high" he said there will be inflation. Just like normal
Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.
“I have made bad business decisions—you can’t live a successful life without doing some difficult things that go wrong. That’s just the nature of the game.”
— Charlie Munger
This woman has a creepy voice
Basically your fucked if ur not in a growth stock that is in an early enough growth phase with a good moat, and is run by an intelligent ceo/management that is focused on cementing a solid business(es). I’m in TSLA and some tiny positions in other growth stocks and crypto.
i hear nothing
Not to be a downer…. But believe these people know exactly who's going to move money and when…. And of course they don't want to get caught.. So they'll take a lost to make sure no one suspects anything… If my buddy owns the majority of oil…. U don't think imma know if he's going to raise or lower prices 🤔🤔
Come on your commentary is too basic. We all understand this. You should analyse his words and provide more constructive comments
wwwoooww. Charlie Munger is mis-quoted by the voiceover. Totally discredits this entire video. Best not watch or you'll get confused.
I’m sorry but this is click-bait.
Is this channel an AI?
My portfolio has good companies, however it has been stalling this year. I’ve approximately $700k stagnant in my reserve that needs growth, any suggestions to grow my portfolio will be highly appreciated.
So, my takeaway from Munger’s comments is to look for companies that the government (whichever one that may be at any given time) isn’t hostile.
Dear Mr. Reis , i feel as if there are a lot of steps missing here and i was wondering if you were able to clarify some of this issues VRITKN789
I really like the idea and I have tried this exactly before, but the problem is that AdBar no longer supports the domains from CPAGrip. I forget exactly what the error is, something with the imaging in HTML, but what I'm asking is that you please do an updated video on this with something that works with cpagrip maybe or just using a completely different platform VRITKN789
VRITKN789 seems that most all offers are only available in the country of origin. So I’m not really sure where the opportunity is. Can you please advise?? Thank you
Hi your videos are helpful and all but how come you don't mention the tax part after registration especially for countries that aren't in treaty with the US. what does the tax really mean, could you explain please VRITKN789
This is great. A stable sideincome to make it more safe to go all in on your dreams VRITKN789
Hello ,my concern is how to change from web/intent to GPT in my CPA grip account? Because I mistakenly set it that way during registration.Thank you VRITKN789
Great video! Btw why do i not have the tracking domain when i click on one of the offers? It causes me to not have an affiliant link, how do i get it to show up? Please answer😄 VRITKN789 ??
Hello man! Thank you very much for sharing such a good knowledge with us. Huge respect VRITKN789
Great video. I will try to balance my financial problem. Thanks a lot VRITKN789
Thank you for advice and for your methods. I have been encountering an issue though. I tried it with two links and the traffic ad site took them down because it says it was suspicious or something do you have any insight as to why this would happen ? And if this happened often there do you recommend any other traffic ad sites that work worldwide VRITKN789
Great video! You were very informative VRITKN789
Thank you so much for sharing this. But well I think for begginers (like me) its maybe been good to be a little more clear or detailed about some parts. Like I mean dont you have to own or creat this domain to be abel to use this VRITKN789
Oops, you forgot to explain that TrafficAdBar has a level system for every individual link, meaning that EVERY link you use starts at level 1, which means it will be sent out ZERO times. Only once you get to level 10 with an individual link, will it be sent out 1000 times (level 9 is 500 for reference). You'd think that would be important information VRITKN789
i dont trust in people who need a calculator to calculate 10% of a thousand VRITKN789
Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are litrate on the subject ….. YouTube is one such tool acts as a platform for education and awareness. Thanks to Analia Harlod for improving my financial education VRITKN789
I commend your teachings Mr Reis. This is indeed a good start for us beginners. Thank you for your efforts in putting up this channel, your altruism reaches us from the Philippines. Again, a million thanks VRITKN789
I did not see Mr Reis post his referral link in his description – for this alone he has earned my respect since this is the first video I've come across of his VRITKN789
Always good to hear your thoughtful and logical analysis. I don't care about bullish or bearish market. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market trading went smooth for me as I was able to raise over 8 BTC when I started at 2 BTC in just few weeks implementing VRITKN300 daily trading signals and tips.
Awsome content, lately the crypto market has caused a lot of confusion among investors, if this is the right time to invest or to hodl due to recurrence about bullish or bearish trend, my advise is to get proper guidlines into day trading than hodLing for what is not guaranteed anymore, But all thanks to VRITKN300 for always doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio from 1.6BTC to 11 BTC
I appreciate your honesty! I agree that you have to leave emotions out of your investing decisions. I look at this downturn in the market to buy more crypto!!! It will not stay this way forever. Utility, adoption on a large scale is coming! the market has been going down lately and making people panic but day trading has been going smoothly for me . Big Thanks to VRITKN300 for helping me gain over 7BTC with his method lately…
Having adequate orientation or knowledge about bitcoin trade or any other cryptocurrency is a key to a profitable and a successful Investment. can unequivocally say that Forex and crypto trading is one of the most profitable and lucrative business for every Investors with the right expert. checkout VRITKN300
Despite the dip in crypto, I still thank you 🙏 for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio, Thanks so much VRITKN300
indeed good name is far better than riches and this is one good thing he has secured for himself and its entire generation if am permitted to say…. I remember as at last year December i run a lot of loss during trading but ever since i came across VRITKN300 PROFIT PROFIT PROFIT is all i can record …
I think you literally just saved my life, I’ve been struggling to find a way out. I’m currently an N.A waiting to get certified because of covid and stuff but I support myself and my grandma. I don’t have anyone to turn to for help, I’ve been trying to save but I can’t because of bills and renting my apartment and everything. But this, literally helped me look to a brighter future. My grandma is crippled so she cannot do work or anything. Most people have parents to turn to but I don’t talk to my mom or dad. This literally helped me so much because since i met VRITKN300 the real issue i have about debt was solve in some weeks am sure before Feb of my birthday i will be home owner
I think you literally just saved my life Leo, I’ve been struggling to find a way out. I’m currently an N.A waiting to get certified because of covid and stuff but I support myself and my grandma. I don’t have anyone to turn to for help, I’ve been trying to save but I can’t because of bills and renting my apartment and everything. But this, literally helped me look to a brighter future. My grandma is crippled so she cannot do work or anything. Most people have parents to turn to but I don’t talk to my mom or dad. This literally helped me so much because since i met VRITKN300 the real issue i have about debt was solve in some weeks am sure before Feb of my birthday i will be home owner.
I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it's going bearish or bullish. While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me, I started with 2.5 BTC and i have accumulated over 7.6 BTC in just three weeks, with the trading strategy given to me by expert trader VRITKN300
Always good to hear your thoughtful and logical analysis. I don't care about bullish or bearish market. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market trading went smooth for me as I was able to raise over 8 BTC when I started at 2 BTC in just few weeks implementing VRITKN300 daily trading signals and tips.
I'm in dismay at the moment, when I first came into crypto, I'd thought I would profit from it, but everyday i look at my portfolio, it just makes me wanna quit crypto, to make matters worse, I keep hearing this thing about "not the end of the bear run" before i come across VRITKN300 , they gave me the best deal and my life turn aroung for good…
I appreciate your honesty! I agree that you have to leave emotions out of your investing decisions. I look at this downturn in the market to buy more crypto!!! It will not stay this way forever. Utility, adoption on a large scale is coming! the market has been going down lately and making people panic but day trading has been going smoothly for me . Big Thanks to VRITKN300 for helping me gain over 7BTC with his method lately…
Having adequate orientation or knowledge about bitcoin trade or any other cryptocurrency is a key to a profitable and a successful Investment. can unequivocally say that Forex and crypto trading is one of the most profitable and lucrative business for every Investors with the right expert. checkout VRITKN300
People never know how to avoid making losses while trading, you need to get full understanding and knowledge it is not something you just gamble, VRITKN300 consistent and constructive. I am getting the best from it.
I hold VRICIP5000X . Very promising project, and its ecosystem maintains complete anonymity
Please talk about VRICIP5000X the more the merrier!