Warren is a truly honest-hearted simple man that you would think has very little money because of his simplicity. Wow, a true legend in finance and a person to emulate!
Buffet mentions index funds as an investment for the general public. I guess this was at least 10 years before this became common advice for the public.
No one really know what will be going on in the market, he said he never know as well. it’s just we need to prepare for the bear market when everything seems so good. But most people can’t do it because it against the human nature. When the stock sets new record every month, you are tempted to buy it. That’s why most people suffered after 2000
13:35 Perfect analysis of the 2000 tech boom. Again what we've seen recently as of September 2020. It's an important lesson to remember that whatever developments are in the market. The fundamentals of business will always prevail. The Tesla boom at ~2500 USD per share has seen this.
@@cagr-compoundinvesting6060 if you truly understand the fundamentals of the company you would almost certainly agree. Listen to the last 2-3 earnings calls. The smartest institutional investors I know (like Cathy wood etc) agree that Tesla will more than likely become a 2+ trillion dollar company. Which means price action still has about 500% worth of growth left to go over the next 5-10 years. Potentially more if they dominate the coming robo taxi revolution which they are positioned strongly for
@@cagr-compoundinvesting6060 $400/share @ $380b mkt cap with a projected mkt cap of 2T or more means share price could end up well over $2k, or even if everything goes wrong it should go to $1k minimum in the next 5-10 years, that’s a minimum 10-20% annual ROI worst case scenario, best case scenario 50-100% annual ROI, I’m not sure where you’re going to find a better value than that but if you do please let me know lol Tesla has already cost short sellers more losses than Apple and Amazon combined over the last 5 years so I certainly wouldn’t bet against it. But if you don’t like it that’s perfectly fine, more potential upside for people like me to take advantage of 👍🏼
That is the market price anyway; I dissagre with Mr. Market. It's probably worth 360-390k per A share, 240-260 per B share or a market capitalization ranging between 590-630 billion; grow it about 5% a year and it gives you a pretty good idea of conservative fair value (this is a rough proxy I came up with in adding up a simple 10 cap pricing model to the different groves of the business he refers to in the 2019 annual letter). Depending on what is on sale at the time and how much capital I have allocated, I may be a buyer at 65% intrinsic value.
- Invest in what you understand (6:08) - Have low expectations for long-term satisfaction (11:08) - Don't use borrowed money for investing (13:38) - Consider the business, not just the stock price (14:04) - Avoid debt and invest consistently over time (18:11)
i have plans for philanthropists where they do not lose monies while investing them for creating parallel system for everybody , recovery might be slow over time but it will not be losing proportions, one just have to have that heart and mind to see that through
Historic record for the Comic Strip: The Blue Lotus soars to 3,175,400 $ sale at Acturial on 01/14/21, Yes you can also become a millionaire by investing in old french or Belgian comic book objects that might have thought that before ! You can buy on Catawiki comics, there is everything for comic book collectors the cheapest in public sales commission 9% but you have to see for postage, advice for new collectors or investor of purchased objects only in first EO editions or limited luxury edition (the old ones) in new condition therefore the film not rubbed and no trace of scratches because much rarer and sometimes not found so very sought after by great collectors, Otherwise close to new book a little yellowed by time to avoid the very very good or too common good condition! An original board is a work by a designer directly on the paper, if it is not in perfect condition it is not so important because it is unique but best not to have it in a cloth. The investment in comics, certain objects or books in the first edition in perfect condition are worth gold. And a big return to the nostalgic past of a found childhood dream .
couldn't hv had a better teacher in gates ,couldn't hv had a dumber student - hahahahaha - only he can say it in such a humorous but fascinating fashion. so self deprecating its humbling n amazing @ the same time but there in lies his incredible genius and the wealth he has distinctively built and the nuggets of wisdom he has given us all over the decades . luv him to bits and would give anything to meet and interact with him personally one day very soon. I pray for even longer life for him cos there will never be another oracle of omaha warren buffet .
awwww Lakshmi that would be such a dream come through . would luv for us to do that . if its ok let's exchange contacts so I we plan this ok .let me know your thoughts .God bless u .
Ted Koppel said the stock was $70k per share at the time of this interview and he owned a few shares. If we assume 100 shares and he still owns it today, he is up $27 million at today's closing price of $340k on Dec 24, 2020.
@@JohnDoe-ef3nv valuations were very high at that time....with interest rates i believe around 6 percent...just a matter of time...no matter what you hear on tv now about the market..interest rates ...valuations are not stretched by any means ..pick a good company with a high ROE and ROA with little or no debt ..something easy to understand and you will be fine esp if interest rates stay low like this.
Unfortunately I don't think the rules that Buffet played by for decades apply anymore. Stock market no longer dependent on fundamentals, but rather emotions and sentiment. That is why I doubt he will beat the S&P 500 anytime soon and I wish him a good long life. We shall say. I am investing on his methodology, but so far, losing.
I follow his advice on putting most of my money in the S&P 500 index fund, and probably will remain with it for the rest of my life. So far it has grown to be nearly $900,000 and even after the market decline, plus taking out some to build a small home, it should surpass a million mark when I reach 61. I encourage you to look into his wisdom of long term investment in the S&P 500 index fund.
Not everybody is an investor, and all traders are gamblers. You don't know what i am thinking and i don't know yours. How can you predict how the stock market moves? It is like saying businesses are no longer businesses, just a numbered ticket that is to be thrown away.
Who's watching this in 2020?😷✨
Im watching in 2021
Not I.
Not me. Im watching it in 2023.
2024
Airdate: 3/2/1999
wow what he said about the level of market....just before the internet bubble explode....
Woohoo
Feb. 3 or Mar. 2?
thank you
Still took another year to burst
Real journalists God I miss him
He is still alive!!
@@madmantrader he is retired. You totally missed his point.
@@isaiahgauthier2176 ok
@@madmantrader you came to reply 😲
Concise, clear, and informative...can't ask for much more.
Warren is a truly honest-hearted simple man that you would think has very little money because of his simplicity. Wow, a true legend in finance and a person to emulate!
Excellent video , in just 38 minutes with pure TALENT.
Ohh 28 minutes actually
Mr Buffett....my teacher. Thank you (:
👍 Thank you for uploading this.
great upload.Cheers!!
Buffet has a blindly high IQ, is humble as heck, and has a great sense of humor. They don’t make em like him anymore.
24:00 talking about 2020 in 1999
Awesome. Thank you for this!
Buffet mentions index funds as an investment for the general public. I guess this was at least 10 years before this became common advice for the public.
true
@@Xyz19781i Vanguard S&P index fund started by Jack Bogle about 1976.
What an American hero.
What a homie
Absolute legend. I have learnt so much from Warren after learning about him during financial crisis. I can absolutely confirm his advice is spot on.
No one really know what will be going on in the market, he said he never know as well. it’s just we need to prepare for the bear market when everything seems so good. But most people can’t do it because it against the human nature. When the stock sets new record every month, you are tempted to buy it. That’s why most people suffered after 2000
Legend
13:35 Perfect analysis of the 2000 tech boom. Again what we've seen recently as of September 2020. It's an important lesson to remember that whatever developments are in the market. The fundamentals of business will always prevail. The Tesla boom at ~2500 USD per share has seen this.
Tsla is just taking a short breather before another long huge run up
@@boyerindustries Why though? What justification is this? A price is not a person running up hill.
@@cagr-compoundinvesting6060 if you truly understand the fundamentals of the company you would almost certainly agree. Listen to the last 2-3 earnings calls. The smartest institutional investors I know (like Cathy wood etc) agree that Tesla will more than likely become a 2+ trillion dollar company. Which means price action still has about 500% worth of growth left to go over the next 5-10 years. Potentially more if they dominate the coming robo taxi revolution which they are positioned strongly for
@@boyerindustries That still does not give me a great value based on the current price IMO.
@@cagr-compoundinvesting6060 $400/share @ $380b mkt cap with a projected mkt cap of 2T or more means share price could end up well over $2k, or even if everything goes wrong it should go to $1k minimum in the next 5-10 years, that’s a minimum 10-20% annual ROI worst case scenario, best case scenario 50-100% annual ROI, I’m not sure where you’re going to find a better value than that but if you do please let me know lol Tesla has already cost short sellers more losses than Apple and Amazon combined over the last 5 years so I certainly wouldn’t bet against it. But if you don’t like it that’s perfectly fine, more potential upside for people like me to take advantage of 👍🏼
19:43 “George soros is a man who likes to medal in a lot of things” this journalist is super honest and ask questions like it is!
Koppel said the word "meddle" in that sentence not medal.
Who was upset that it ended before it ended? Great video though. Thanks
11:00 how to make marriage last
70k a share back then - now Berkshire Hathaway class A is worth 300k a share
Amazing. When was this interview
That is the market price anyway; I dissagre with Mr. Market. It's probably worth 360-390k per A share, 240-260 per B share or a market capitalization ranging between 590-630 billion; grow it about 5% a year and it gives you a pretty good idea of conservative fair value (this is a rough proxy I came up with in adding up a simple 10 cap pricing model to the different groves of the business he refers to in the 2019 annual letter). Depending on what is on sale at the time and how much capital I have allocated, I may be a buyer at 65% intrinsic value.
"I feel like an orphan." Laurie Creelman Sherman Richardson
Damn he smart as hell.
That is one bad syrup!
This man and his methaphors. He is like a Jesus, but for capitalism
fr. Love listening to him and Ray Dalio
Amen.
- Invest in what you understand (6:08)
- Have low expectations for long-term satisfaction (11:08)
- Don't use borrowed money for investing (13:38)
- Consider the business, not just the stock price (14:04)
- Avoid debt and invest consistently over time (18:11)
i have plans for philanthropists where they do not lose monies while investing them for creating parallel system for everybody , recovery might be slow over time but it will not be losing proportions, one just have to have that heart and mind to see that through
Historic record for the Comic Strip: The Blue Lotus soars to 3,175,400 $ sale at Acturial on 01/14/21, Yes you can also become a millionaire by investing in old french or Belgian comic book objects that might have thought that before !
You can buy on Catawiki comics, there is everything for comic book collectors the cheapest in public sales commission 9% but you have to see for postage, advice for new collectors or investor of purchased objects only in first EO editions or limited luxury edition (the old ones) in new condition therefore the film not rubbed and no trace of scratches because much rarer and sometimes not found so very sought after by great collectors, Otherwise close to new book a little yellowed by time to avoid the very very good or too common good condition!
An original board is a work by a designer directly on the paper, if it is not in perfect condition it is not so important because it is unique but best not to have it in a cloth.
The investment in comics, certain objects or books in the first edition in perfect condition are worth gold. And a big return to the nostalgic past of a found childhood dream .
In 2020
couldn't hv had a better teacher in gates ,couldn't hv had a dumber student - hahahahaha - only he can say it in such a humorous but fascinating fashion. so self deprecating its humbling n amazing @ the same time but there in lies his incredible genius and the wealth he has distinctively built and the nuggets of wisdom he has given us all over the decades . luv him to bits and would give anything to meet and interact with him personally one day very soon. I pray for even longer life for him cos there will never be another oracle of omaha warren buffet .
I don't know why this billionaire brings tears to my eyes.evans lets meet together. I am planning on meeting him next year at the Agm
awwww Lakshmi that would be such a dream come through . would luv for us to do that . if its ok let's exchange contacts so I we plan this ok .let me know your thoughts .God bless u .
And Evans leave a message here if you send an email. ...thank you. God bless
Lakshmi u can also send me an email on easamoah@sesafricaltd.net for starters ok .would be so glad to hear from u too .
@@lakshmimondal3808 Hi Lakshmi I have sent you an email . please check our mail ok . thanks and God bless
A company that own company wow warren buffett is top at the food chain
What year was this? 1997 ish
👋☺🐸🎀
👋☺🍔🍟🙌🙌🙌🙌🙌🙌🙌🙌
This is USA
What year is this?
2025
They took ten breaks to many
Buffet called the dot com crash here.
Ted Koppel said the stock was $70k per share at the time of this interview and he owned a few shares. If we assume 100 shares and he still owns it today, he is up $27 million at today's closing price of $340k on Dec 24, 2020.
Ted Koppel said he owned a few shares in the beginning of presentation but he never clarified whether he own Class A Brk shares or Class B Brk shares.
@@symontemplar1418 Class B didn't exist back then.
@@jimbrace4671 10:40 Buffett talks about Class B stock which investors were able to purchase at that point in time.
The NICEST and MOST DECENT capitalist in the world
Should have kept McDonald's.
It's a trashy place, but has niche use case which is, abroad, it might be the only place you trust.
when was this aired? late 90's?
looks like late 90s tech bubble
Correct. I wrote to him, thanking him for his wisdom. He wrote back, I still have his letter.
1999
Thanks! Cool that he wrote back. I hope you also bought Berkshire :)
@@JohnDoe-ef3nv valuations were very high at that time....with interest rates i believe around 6 percent...just a matter of time...no matter what you hear on tv now about the market..interest rates ...valuations are not stretched by any means ..pick a good company with a high ROE and ROA with little or no debt ..something easy to understand and you will be fine esp if interest rates stay low like this.
Wheres the last ten minutes of the video...LoL
Btw we also owns the network on which this was televised - ABC
Is this old buffet isn't the second richest anymore
I don't think he pays much attention to who is number one, or two anymore.
Unfortunately I don't think the rules that Buffet played by for decades apply anymore. Stock market no longer dependent on fundamentals, but rather emotions and sentiment. That is why I doubt he will beat the S&P 500 anytime soon and I wish him a good long life. We shall say. I am investing on his methodology, but so far, losing.
I follow his advice on putting most of my money in the S&P 500 index fund, and probably will remain with it for the rest of my life. So far it has grown to be nearly $900,000 and even after the market decline, plus taking out some to build a small home, it should surpass a million mark when I reach 61. I encourage you to look into his wisdom of long term investment in the S&P 500 index fund.
Not everybody is an investor, and all traders are gamblers. You don't know what i am thinking and i don't know yours. How can you predict how the stock market moves? It is like saying businesses are no longer businesses, just a numbered ticket that is to be thrown away.
Translation: "It's different this time!"
Whatever, we still live on Planet Earth guys. @moebaby2007: yeah, your opinion!! lol
wtf this guy has been saying the same old things for DECADES!!
Common sense ought to be back in fashion soon, I predict.
a call to geico
norman bates spencer psycho
scott richardson oh
Sounds Like Marketing Fraud
The alluring accordion presently rinse because offer fittingly hook onto a sweet linen. cautious, gigantic ghost
The fascinated lynx summatively satisfy because curtain focally report at a square sardine. squeamish, spiffy riverbed
I don’t like that he says “womb”