The World's Best Investing Strategy that No One Follows

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  • Опубликовано: 10 сен 2024

Комментарии • 345

  • @NewMoneyYouTube
    @NewMoneyYouTube  2 месяца назад +10

    Get a 7-day free trial and 40% off Blinkist Annual Premium by clicking bit.ly/NewMoneyJun24 or by scanning the QR code.

    • @Gid-J
      @Gid-J 2 месяца назад

      You guys need to stop using the word "cloning" cloning is a very specific thing, just use "copying".

  • @DavidLucas-so8rr
    @DavidLucas-so8rr 4 дня назад +1314

    Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE

    • @RobertBrown..
      @RobertBrown.. 4 дня назад +4

      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. its important to seek the guidance of an expert

    • @debbygradley25
      @debbygradley25 4 дня назад +2

      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.

    • @Angelinacortez495
      @Angelinacortez495 4 дня назад +2

      How can I engage in this? I truly want to have a stable financial future and am willing to contribute. Who is fueling your success?

    • @debbygradley25
      @debbygradley25 4 дня назад +1

      “LAURELYN GROSS POHLMEIER ’’ 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.

    • @donaldwayne7023
      @donaldwayne7023 4 дня назад +1

      I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks

  • @Raymondcraw1967RaymondCrawley
    @Raymondcraw1967RaymondCrawley 4 дня назад +1250

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

    • @FaithAndrada-xo9ou
      @FaithAndrada-xo9ou 4 дня назад +3

      If you lack knowledge about market investing tactics, get advice from a financial counselor.

    • @AndersonFair-cy2bb
      @AndersonFair-cy2bb 4 дня назад

      No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

    • @fredrickmcgraw9491
      @fredrickmcgraw9491 4 дня назад +2

      I could really use the expertise of this advsors.

    • @AndersonFair-cy2bb
      @AndersonFair-cy2bb 4 дня назад +5

      Her name is 'Rachel Sarah Parrish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @fredrickmcgraw9491
      @fredrickmcgraw9491 4 дня назад +1

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once

  • @NikitaMcLauren
    @NikitaMcLauren 5 дней назад +1619

    I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s 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.

    • @GrandtHudbosky
      @GrandtHudbosky 5 дней назад

      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.

    • @ErikaBailey-x8g
      @ErikaBailey-x8g 5 дней назад

      I stopped listening and taking financial advise from these RUclipsrs, 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.

    • @EnriqueCarrasco-z3j
      @EnriqueCarrasco-z3j 5 дней назад

      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?

    • @ErikaBailey-x8g
      @ErikaBailey-x8g 5 дней назад

      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.

    • @SlavoPetrovic
      @SlavoPetrovic 5 дней назад

      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.

  • @DebbieSimone
    @DebbieSimone День назад +205

    I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this

    • @GrozaGroza-ko7fn
      @GrozaGroza-ko7fn День назад

      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

    • @mikesnoek
      @mikesnoek День назад

      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.

    • @jadewashington7
      @jadewashington7 День назад

      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.

    • @ReuletRikki
      @ReuletRikki День назад

      I'm new at this, please how can I reach her?

    • @lapetiteblonde
      @lapetiteblonde День назад

      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

  • @alexsteven.m6414
    @alexsteven.m6414 22 дня назад +1010

    Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.

    • @belobelonce35
      @belobelonce35 22 дня назад +3

      Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game. Therefore, in the current bear market, we should pay more attention to the risk rate of the market. We must control the risk to a minimum and improve earnings. It is best not to blindly enter the market.

    • @Tanner-c2m
      @Tanner-c2m 22 дня назад +1

      You can't really know the full risk rate except you are a professional. Reason I settled for advisory and guide from a stock. Never been the same again with my holdings

    • @PremSteve-yg4de
      @PremSteve-yg4de 22 дня назад

      This is definitely something I will consider! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

    • @Tanner-c2m
      @Tanner-c2m 22 дня назад

      Her name is “Rebecca Nassar Dunne’” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @peterruwe837
      @peterruwe837 18 дней назад +1

      Mafia!,

  • @ClaudiaSchreiber-b1p
    @ClaudiaSchreiber-b1p 14 дней назад +1523

    It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

    • @JBHus
      @JBHus 14 дней назад

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @DanielOrstein
      @DanielOrstein 14 дней назад

      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 portfolio allocation

    • @McCarthyMichelini
      @McCarthyMichelini 13 дней назад

      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.

    • @trendingvideo8467
      @trendingvideo8467 12 дней назад +1

      Invest in indian stock market

  • @simonbad
    @simonbad 20 дней назад +1281

    As an upcoming investor, it’s disheartening to see the government mishandle the economy, I’m seriously considering shifting my focus to more stable international markets.

    • @Erinmills98
      @Erinmills98 20 дней назад +3

      As a "wanna-be" investor, I’d say it’s smart to get some solid advice before making big moves. Working with skilled finance pros is a game-changer, trust me.

    • @user-sb6po3yj7d
      @user-sb6po3yj7d 20 дней назад +4

      People often underestimate how emotions mess up invest-ments,I did too until I got serious about switching up my game. My savings shot up by multiple digits after that.

    • @LivaHolst
      @LivaHolst 20 дней назад +1

      There are a handful of experts in the field. I’ve tried a few, but I’ve stuck with Kristin Amy Rose for five years-she’s been solid. Look her up

    • @carlyndolphin
      @carlyndolphin 19 дней назад +1

      I’m invested in a global ETF. I’d never invest 100% in the S&P500

    • @hharda9791
      @hharda9791 2 дня назад

      Talk to a CFP. Pay them for a few hours of their time and have a conversation.

  • @ArleneMaxwell-l2p
    @ArleneMaxwell-l2p 17 дней назад +859

    I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.

    • @Bismarksolomon
      @Bismarksolomon 17 дней назад

      You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.

    • @elviegoodness
      @elviegoodness 17 дней назад

      That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.

    • @Vivianlaure4
      @Vivianlaure4 17 дней назад

      Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks

    • @elviegoodness
      @elviegoodness 17 дней назад

      My CFA ’NICOLE ANASTASIA PLUMLEE’ 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.

    • @elviegoodness
      @elviegoodness 17 дней назад

      NICOLE ANASTASIA PLUMLEE’ 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.

  • @Benedictrud
    @Benedictrud 12 дней назад +1667

    .To be kinda blunt, I am giving up on investing in stocks... I put between 2000 to 3000 a month and it's nothing but down down.... Sooooo frustrating and I only invest in boring big companies. How can I capitalize in such a market?

    • @kurtKking
      @kurtKking 12 дней назад +3

      Great Buying opportunities today. Embracing pullbacks and correction is key. This is where the money is made!

    • @rachelonigirl
      @rachelonigirl 12 дней назад +3

      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.

    • @Vivienedouglass
      @Vivienedouglass 12 дней назад

      Could you possibly recommend a CFA you've consulted with?

    • @rachelonigirl
      @rachelonigirl 12 дней назад

      Her name is. MARY TERESE SINGH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @Vivienedouglass
      @Vivienedouglass 12 дней назад

      I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @matturner8
    @matturner8 2 месяца назад +1241

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @Johnlarry12
      @Johnlarry12 2 месяца назад +6

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

    • @emiliabucks33
      @emiliabucks33 2 месяца назад +5

      Undeniably factual. Despite my absence of prior investing acumen, I ventured into investments pre-pandemic and managed to amass a profit of about $450k within that year. Essentially, I solely relied on professional counsel.

    • @JordanPortales
      @JordanPortales 2 месяца назад +4

      Lately, I've been researching advisors, but the market updates I've encountered haven't been very positive. Who's your guide?

    • @emiliabucks33
      @emiliabucks33 2 месяца назад +4

      Finding financial advisors like Carol Vivian Constable 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.

    • @JordanPortales
      @JordanPortales 2 месяца назад +3

      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 email shortly.

  • @DavidCovington-st2id
    @DavidCovington-st2id 24 дня назад +1007

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

    • @mikey43221
      @mikey43221 24 дня назад +3

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

    • @tmer831
      @tmer831 24 дня назад +2

      Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @SeanTalkoff
      @SeanTalkoff 24 дня назад +2

      pls how can I reach this expert, I need someone to help me manage my portfolio

    • @tmer831
      @tmer831 24 дня назад

      My CFA ’’ Sharon Ann Meny, 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..

    • @SeanTalkoff
      @SeanTalkoff 24 дня назад +1

      Thanks, i did a quick web search and i found Sharon, i hope she responds to my mail.

  • @JenniferDavis7630
    @JenniferDavis7630 19 дней назад +588

    These are extremely useful rules for anyone looking to grow rich. Unfortunately, the majority of individuals that see this video will be unable to implement the ideas. We may not like to acknowledge it, but as Warren Buffett famously stated, investing is like any other profession: it takes a certain amount of knowledge. It's no surprise that some people are losing a lot of money during the bear market, while others are profiting by hundreds of thousands. I'm just not sure how they do it. I now have around $570k to invest in the market.

    • @danieltaylor--65
      @danieltaylor--65 19 дней назад +4

      Investing in different kinds of assets can mitigate risk more effectively than placing all of your capital in one. See a financial professional if you don't comprehend finances well enough.

    • @Angelinacortez495
      @Angelinacortez495 19 дней назад +2

      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....

    • @debbygradley25
      @debbygradley25 19 дней назад +2

      You seem to comprehend the market better than we do, so that makes great sense. Who is the coach?

    • @Angelinacortez495
      @Angelinacortez495 19 дней назад +2

      'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @donaldwayne7023
      @donaldwayne7023 19 дней назад +1

      I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks

  • @Jennyuk1
    @Jennyuk1 Месяц назад +1062

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

    • @kigletmary56
      @kigletmary56 Месяц назад

      If you lack knowledge about market investing tactics, get advice from a financial counselor.

    • @gracegomez109
      @gracegomez109 Месяц назад

      No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

    • @priyankamahatma6672
      @priyankamahatma6672 Месяц назад

      I could really use the expertise of this advsors.

    • @gracegomez109
      @gracegomez109 Месяц назад

      Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @priyankamahatma6672
      @priyankamahatma6672 Месяц назад

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @sarawilliam696
    @sarawilliam696 2 месяца назад +557

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

    • @KaurKhangura
      @KaurKhangura 2 месяца назад +2

      True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

    • @Justinmeyer1000
      @Justinmeyer1000 2 месяца назад +1

      I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

    • @foden700
      @foden700 2 месяца назад +1

      Impressive can you share more info?

    • @Justinmeyer1000
      @Justinmeyer1000 2 месяца назад +2

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @foden700
      @foden700 2 месяца назад +2

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @MichaelAD222
    @MichaelAD222 13 дней назад +110

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @SylviaJoe6
      @SylviaJoe6 13 дней назад

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @AlexandraGray-t4
      @AlexandraGray-t4 13 дней назад

      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.

    • @GeorgeCook2
      @GeorgeCook2 13 дней назад

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @AlexandraGray-t4
      @AlexandraGray-t4 13 дней назад

      Svetlana Sarkisian Chowdhury 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..

    • @CaryTriana
      @CaryTriana 13 дней назад

      Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @CliveBirse
    @CliveBirse 6 дней назад +3

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

    • @mariaguerrero08
      @mariaguerrero08 6 дней назад +3

      The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

    • @ThomasChai05
      @ThomasChai05 6 дней назад +2

      Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

    • @mikegarvey17
      @mikegarvey17 6 дней назад +2

      @@ThomasChai05Mind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.

    • @ThomasChai05
      @ThomasChai05 6 дней назад +1

      *Gertrude Margaret Quinto* 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.

    • @Grace.milburn
      @Grace.milburn 6 дней назад

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @tommychestnut5335
    @tommychestnut5335 6 дней назад +3

    One lesson I've learned from millionaires is to always put your money to work, no matter how small. Even investing $100 per month can compound to tremendous wealth over decades. The key is to keep going!

  • @johnnyhala
    @johnnyhala 2 месяца назад +10

    "Early bird gets the worm... But the second mouse gets the cheese."

  • @ianmackenzie8831
    @ianmackenzie8831 2 месяца назад +20

    One of my worst mistakes was blindly cloning Charlie Munger's bet on Alibaba. That did not work well and taught me the lesson you explain here.

    • @dylantrudgett1779
      @dylantrudgett1779 2 месяца назад +1

      Me FR.
      Still holding 😢.
      I’m like Homer with the pig “it’s still good, it’s still good.”

    • @ianmackenzie8831
      @ianmackenzie8831 2 месяца назад

      @@dylantrudgett1779 I did that with Blackberry. Kept thinking their real-time operating system with excellent security was going to save them. Nope.

    • @rm3141593
      @rm3141593 2 месяца назад +2

      Yes, me too!! (And a big Simpsons fan, at least the classic episodes 😅). It's still good.... 😢

    • @wholeNwon
      @wholeNwon 2 месяца назад

      Your lesson should be that black swans aren't really rare events. Index broadly and cheaply then walk away. Don't try to follow Buffett. Just buy BRK instead. Save yourself time and don't bother looking in the rearview mirror with 13F's

    • @astroNexx
      @astroNexx 29 дней назад +1

      Munger died not understanding bitcoin and Buffet likely will die too. They are considered goat investors but failed to pick up on the greatest investment opportunity probably ever

  • @kt6332
    @kt6332 2 месяца назад +20

    There are no original thought left. If it works use it!

  • @troyfrazer8653
    @troyfrazer8653 2 месяца назад +5

    I have always said “R & D” (research and development) really stands for “Rob and Duplicate”

  • @ildefonsovilar
    @ildefonsovilar 11 дней назад +2

    I'm a clone investor! Since i started doing this a year ago, I'm 30% on the year, 22%ytd

  • @Mrmistershesh
    @Mrmistershesh 2 месяца назад +5

    This is how it works in science too. We read publications to learn from our peers, test their ideas, and improve on them iteratively if possible :)

  • @jrkastl
    @jrkastl 2 месяца назад +15

    I learned to do many things by copying those who I respected. Writing especially. Later, launched 3 companies by cloning. Don't reinvent the wheel, just make it better.

    • @NewMoneyYouTube
      @NewMoneyYouTube  2 месяца назад +1

      It's definitely a great business/investing hack

  • @deanlol
    @deanlol 8 дней назад +1

    I had my money in a 401k and did fine. All that money is now in an IRA and continues to grow. It went down a little in May and didn't grow much until August. Put your money in something like this, sit on it and get a fiduciary to manage it. If you just buy and sell stock on your own you may as well put it in the lottery or casino because you're going to have the same results.

  • @danharvey61
    @danharvey61 16 дней назад +3

    I tell people that I’ve never invented anything, but I’m a great copier. If it’s a great recipe, and you do it the same way , you should get similar results. It’s a fast tract to success. I did that with real estate investing too and now stock trading.

  • @xDomRat
    @xDomRat 2 месяца назад +20

    I remember me cloning Verizon from Buffet. Still holding it -20%. Buffet sold I guess right the next quarter.

    • @ogunkazel8716
      @ogunkazel8716 2 месяца назад

      🤦

    • @alessandroguglielmina1308
      @alessandroguglielmina1308 2 месяца назад +2

      I try to copy just the first 5-6 position of Warren Buffett portfolio, because I'm pretty sure it's his decision. Otherwise it may be Comb or Wels her buying those stocks...

    • @wholeNwon
      @wholeNwon 2 месяца назад

      @@alessandroguglielmina1308 Why not just buy BRK like most people?

    • @astroNexx
      @astroNexx 29 дней назад

      You sure is a good idea to copy someone who was born before even transistor was invented when biggest opportunities all are in tech in last 30 years

    • @wholeNwon
      @wholeNwon 29 дней назад

      Who is "Buffet"? Duh

  • @SmartMoneyBro
    @SmartMoneyBro 2 месяца назад +3

    Cloning is a form of INNOVATION. The 2nd player in a space is ALWAYS the winner in a space.

  • @markjennerson7041
    @markjennerson7041 13 дней назад +2

    I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach

  • @richm34
    @richm34 2 месяца назад +6

    Great video! Cloners are usually very smart people and ruthlessly hard workers. They take an idea and mold it to make something of their own.

  • @goobda_
    @goobda_ 2 месяца назад +9

    Have you seen a pod with Mohnish on My First Million? It suggests he's open to interviews/podcasts. You should go after him

    • @NewMoneyYouTube
      @NewMoneyYouTube  2 месяца назад +7

      Yeah that was an epic interview! I try to reach out semi-regularly but nothing yet.

    • @goobda_
      @goobda_ 2 месяца назад +2

      @@NewMoneyRUclips Thanks for trying

    • @AussieZeKieL
      @AussieZeKieL 2 месяца назад +1

      @@NewMoneyRUclipstry some smaller Aussie fish first. Geoff Wilson is always down for a chat. He’d say yes.

  • @Mathew-zs3nz
    @Mathew-zs3nz 14 дней назад +6

    The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

    • @Agatha.wayne0
      @Agatha.wayne0 14 дней назад +4

      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.

    • @Elizabethwells-q7f
      @Elizabethwells-q7f 14 дней назад +5

      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

    • @DhanaPayar
      @DhanaPayar 14 дней назад +3

      Who is the financial planner you're working with, and what's their strategy behind your investments?"

    • @Elizabethwells-q7f
      @Elizabethwells-q7f 14 дней назад +2

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @Jasonshelton-
      @Jasonshelton- 14 дней назад

      excellent share, just inputted her full name on my computer and searched online, top-notch credentials. Ive seen commentaries about advisers, but not one looks this phenomenal

  • @edgaralvarez90
    @edgaralvarez90 2 месяца назад +12

    The whole Chinese economy summarised

  • @danmchardy6424
    @danmchardy6424 2 месяца назад +5

    I had the pleasure to meet Monish at the CFA UK society on Wednesday - he is an incredible man and truly offered some of the greatest investing wisdom I've ever heard in just less than an hour. On his birthday no less!

  • @petehoney1
    @petehoney1 22 дня назад +1

    Very little is original .. improving type ideas / marketing etcc is simply smart .. 😊

  • @SistemAX-21
    @SistemAX-21 22 дня назад +1

    i do agree, i managed to design a quantitative trading model based on a model i saw on a trader's youtube channel. i just learn and borrrow the concept to build my own system. Cloning / imitating or whatever you call it, is a faster way to create something than trying to invent the wheel by yourself.

  • @TheSquidPro
    @TheSquidPro 21 день назад +4

    Knowledge is generational and meant to carry over, it is how successive generations learn and build new.

  • @venil82
    @venil82 2 месяца назад +7

    Totally disagree on his stance on MSFT,
    windows a copy of mac??

    • @goobda_
      @goobda_ 2 месяца назад +5

      It is

    • @venil82
      @venil82 2 месяца назад

      @@goobda_ nowhere near

  • @talosgak1236
    @talosgak1236 2 месяца назад +2

    Ok but how did all the companies you mentioned as an example get their start?
    It was definitely not cloning

  • @hyrog7795
    @hyrog7795 Месяц назад +1

    I haven't published anything but I did do quite a lot of research on copying exact 13F of some top performers since 2000, and even with the 45 delay it significantly outperforms the market on the periods that the investors did

  • @isaacl6402
    @isaacl6402 2 месяца назад +1

    This video came out at an auspicious time for me. I’ve been looking at RH, a Warren buffet pick, which just dropped ~20% on earnings.
    I’m convinced the company has a great long term growth thesis.
    I know Berkshire sold out of their position, but in my opinion it’s because the market cap of RH at

  • @vicgill1980
    @vicgill1980 14 дней назад +1

    Save yourself 15 min: this video is about copying others..also Blinkist pump:affiliate marketing

  • @antilogism
    @antilogism 2 месяца назад +3

    “Imitation is the sincerest form of flattery that mediocrity can pay to greatness.”---Oscar Wilde
    Oreo crushed Hydrox with their copy.

  • @kenlewis2253
    @kenlewis2253 6 дней назад

    “Clone” in my industry is referred to as “best practices”. And, yes, if you aren’t doing them you are far behind.

  • @micheleventurini1769
    @micheleventurini1769 2 месяца назад +1

    Great video. Love this kind of analysis. And It's always great to learn from Mohnish!

  • @edwardjensen4073
    @edwardjensen4073 4 дня назад

    That was a lot of good information. Thank you very much.

  • @hugomeza2910
    @hugomeza2910 2 месяца назад +5

    You and Hamish Hoddor clone each other 😂 in a few days Hamish will release this same video

    • @NewMoneyYouTube
      @NewMoneyYouTube  2 месяца назад +3

      hahaha we chat each week about content, and occasionally there are topics that we both want to cover

  • @rynetmaxwell
    @rynetmaxwell 2 месяца назад +2

    Love this type of content Brandon

  • @melvin6228
    @melvin6228 2 месяца назад +3

    Fun video, love the study you pointed out initially. Good that you mention the risks a bit at the end. Still I have the following to say.
    Confirmation bias and survivorship bias can occur strongly with the idea of copying. I don't think it's a bad idea, but your video just screams confirmation bias simply by looking at popular examples. The story is also a bit odd, do companies never copy? Shenzen is famous for it. Chinese companies clone all the time, don't you think they used Tesla's patents? I wouldn't know, but my guess is that some have seriously looked at them. I'd love to be proven wrong.
    In science people copy, obviously. That's the whole thing about science, copy, edit and make better. So it's not a bad idea. I just think that this video is too much playing into confirmation bias. This video would've been more interesting if you'd have looked at cases where copying would've gone wrong or even *more* interesting where copying would've gone wrong initially and right later.

  • @kudorgyozo
    @kudorgyozo 20 дней назад +4

    TL DR: you copy succesful investors

  • @giovannip8600
    @giovannip8600 2 месяца назад +1

    great video ! really good and engaging storytelling keep it up!

  • @afonsodeportugal
    @afonsodeportugal 2 месяца назад +2

    Cloning makes perfect sense. We "clone" everyday when we turn on the lights, open the refrigerator or put on a sweater. Someone did that before. But it still works and it will probably keep working for a long time.

  • @ICYouAllRight
    @ICYouAllRight 15 дней назад +1

    Seeing his moustache is really a “Ha Ha Ha moment”

  • @marcoschena99
    @marcoschena99 17 дней назад

    Nice one Brandon. Especially the bit about the performance of following Warren v's the S&P, but more crazy was just to buy BSH for a better result. We all could get a lot of time back doing that. I suppose we like to all think we are a bit smarter than everyone else and are looking for the magic ingredient to get to the moon. Thanks for your efforts.

  • @aknaama
    @aknaama 9 дней назад +1

    Makes no sense copying buffet because filing comes after the trade happens. Instead invest in Berkshire and benefit directly from Buffet managing your money

  • @larrygerry985
    @larrygerry985 2 месяца назад +1

    To an extent, he is right. However, mindless copying also leads to loses.

  • @John_Mind
    @John_Mind 2 месяца назад +1

    The Model 3 copying felt like a private joke to one of your friends 😂😂

  • @TimRobertsen
    @TimRobertsen Месяц назад +2

    This seems like a concept very susceptible to survivorship bias

  • @thomasgirard41
    @thomasgirard41 2 месяца назад +2

    Very interesting! Thanks a lot for your shares

  • @Benedictrud
    @Benedictrud 12 дней назад

    To be kinda blunt, I am giving up on investing in stocks... I put between 2000 to 3000 a month and it's nothing but down down.... Sooooo frustrating and I only invest in boring big companies. How can I capitalize in such a market?

  • @walterspaceman5592
    @walterspaceman5592 20 дней назад

    I enjoy your perspective, production values, and honesty. Best wishes

  • @fairfateinvesting
    @fairfateinvesting 2 месяца назад

    absolutely, read their books and take their insights. one book changed my returns and strategy forever

  • @Neon27T
    @Neon27T 9 дней назад

    Investing today is the best decision in money.
    Dividend rates can be found that are quite high on one hand and valuation is scheduled to grow in a Fed rate cut environment on the other, and if you like penny stocks to hold, KSCP is considered trash to such an extent that it’s acquisition of CASE in 2022 is now approximately 69% the valuation of the parent.
    Specifically, SoFi is scheduled to skyrocket if you want cap gains, British American Tobacco is yielding 9.79% if you want dividends.

  • @cloudedjourney
    @cloudedjourney 22 дня назад

    I probably wouldn’t try to copy super investor portfolios. I think Monesh is talking about cloning buffet and Mungers value investing strategy.

  • @watermenplumbingfiltration144
    @watermenplumbingfiltration144 2 месяца назад

    Because for some people it's about the journey, it's about the discovery, being original, creating something. It can be more fun without instructions, figuring it out.

  • @i_i8924
    @i_i8924 2 месяца назад +5

    Remember the guy who stole the Regular Coke formula and tried to sell it to Pepsi.. Pepsi told COKE and then the police 😆

  • @sylversoul88
    @sylversoul88 2 месяца назад +1

    Very insightful, thanks

  • @realestalex2728
    @realestalex2728 2 месяца назад

    I am pretty sure that companies do not avoid copying concepts out of pride, they only do it when the are sure they will not incur expensive legal fees

  • @burwin74
    @burwin74 2 месяца назад

    Literally currently readying the education of the intelligent investor 😅 and it was talking about this and the meal

  • @cspaliwal_
    @cspaliwal_ 7 дней назад +1

    The monopoly man

  • @JoseAguirre-hl2do
    @JoseAguirre-hl2do 20 дней назад

    The world of ideas has no owner, some people just get access to them quicker.

  • @comfibold
    @comfibold 12 дней назад

    It's called Modelling in NLP.

  • @Mike-ym6rl
    @Mike-ym6rl 2 месяца назад

    Charlie Munger always promoted Costco and said that is the only stock one needs in a portfolio. He was right! If you compare COST vs BRK.A, Costco has outperformed Berkshire since Q2, 1992. Buffet always put down Munger in jest, but I believe he knows deep down that Munger was right.

  • @papapickett7267
    @papapickett7267 2 месяца назад +1

    Great video great advice. I do like to follow certain peoples investments and advice but I have a preferred type of stock that I target using certain metrics. That way I avoid Buffet Kraft Heinz and Dalio in China and other things like that. I use their ideas to begin investigations, I dont have the knowledge experience or time that they do but I let them point into beginning some investigations. I also prefer to do my own investing because if I lose money I can live with it being my own fault, I refuse to let someone else manage my money. Besides the natural conflict of interest of someone else investing MY money, I abhor the idea of paying someone else to lose my money. I can do that for free.

  • @destinyadam1868
    @destinyadam1868 2 месяца назад +1

    Very insightful video!

  • @cesarsanchez9697
    @cesarsanchez9697 2 месяца назад

    Good artists borrow, great artists steal. So true. If it works you should do it. You don’t have to reinvent the wheel.

  • @riteshk9879
    @riteshk9879 2 месяца назад

    I usually look at top performing funds for cloning ideas

  • @Roogs
    @Roogs 9 дней назад

    The Blackberry comparison really hurt.

  • @spockterwho
    @spockterwho 2 месяца назад

    Pretty much every great Japanese company -- Sony (with TVs & Audio), Toyota (obvious), knives & steel, video games ... it goes on.

  • @hagi2013
    @hagi2013 2 месяца назад

    Very good video, opened my mind . Thanks so much:).

  • @Heathermacdonald470
    @Heathermacdonald470 2 месяца назад +36

    I will be forever grateful to you, you changed my whole 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 Elizabeth Wesley.

    • @PerkinsSanders832
      @PerkinsSanders832 2 месяца назад

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

    • @AidenCheatle23
      @AidenCheatle23 2 месяца назад

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @Lauren_Grothman
      @Lauren_Grothman 2 месяца назад

      You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

    • @DannyRodriguez158
      @DannyRodriguez158 2 месяца назад

      I'm new at this, please how can I reach her?

    • @MikeGlenn231
      @MikeGlenn231 2 месяца назад

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @eddiemalvin
    @eddiemalvin 2 месяца назад

    The same advice could be applied to most franchises. Why pay franchising fees when you can just copy their systems and tweak them just enough to avoid infringement?

  • @Pseudify
    @Pseudify 15 дней назад

    Copying is probably found in every discipline among the most successful. Mozart certainly copied for some of his very early compositions, at least. Other composers too. And among athletes I’m sure every great player in any sport will tell you they tried to copy their childhood idles. In fact, I doubt you could be highly successful without copying some aspect of others. And the more you copy, likely the more successful you will be.

  • @NargleThornberry
    @NargleThornberry 14 дней назад

    The difference is Buffet can lose billions and not lose sleep. Some people can’t afford to lose anything.

  • @rodbrown7284
    @rodbrown7284 18 дней назад

    Pretty much sums up US innovation

  • @johnschnellbach986
    @johnschnellbach986 2 дня назад

    Why wouldn't you copy success?

  • @linneasimchah1621
    @linneasimchah1621 2 месяца назад

    This reminds me of the 1995 movie Sabrina (Harrison Ford). The lowly chauffeur who drove around the wealthy titan who sometimes did business/investment deals in the backseat of the car by phone, would clone the trades and eventually became a millionaire by doing so. (This was blind cloning though, which this video wisely cautions against.)

  • @timothyvanderlaan6566
    @timothyvanderlaan6566 2 месяца назад

    I think it would be interesting to see a video about the influence of CPI over a decade i.e. a moving average :) After such a long period of high inflation do you think banks would drop rates as soon as they pass/approach 2?

  • @shailesh0gade
    @shailesh0gade 13 дней назад

    I follow strategy of Marcellus Investment company in India

  • @Baldwin321
    @Baldwin321 9 дней назад

    I agree that many people are considering NVIDIA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance

    • @Alden457
      @Alden457 9 дней назад

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions

    • @Christian67337
      @Christian67337 9 дней назад

      The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

    • @Thomas43211
      @Thomas43211 9 дней назад

      I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Christian67337
      @Christian67337 9 дней назад

      I've experimented with a few over the past years, but I've stuck with the popularly ‘Aileen Gertrude Tippy’” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @Thomas43211
      @Thomas43211 9 дней назад

      Thank you for the lead, searched Aileen Gertrude Tippy by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!

  • @kiranvrao9714
    @kiranvrao9714 17 дней назад

    Thank you

  • @OsmarIsmail-pm9nm
    @OsmarIsmail-pm9nm 2 месяца назад

    Theres no specif rules in stock trading. I just believe in banking on good high yielding profitable co's, and stay long.

  • @SaadonAksah
    @SaadonAksah 5 дней назад

    Yeah why not?

  • @MannySimoneCards
    @MannySimoneCards 7 дней назад

    Wait....if Hathaway did better than the SP 500, why wouldnt i just put all my money into that then

  • @Hyper1555
    @Hyper1555 2 месяца назад

    Exactly my thoughs! Very nice video!
    Why would I try to come up with investment strategies don't would take 30 years of trying to find out, when I have proven professionals from whom I can learn from?! Currently going for the buy quality when sentiment is bad Looking at you magnificent 7 from which I almost had them all and lasty I bought more Google due to it being a bit lacking in value and sentiment which had made returns almost impossible in such a short run!

  • @traviswes7082
    @traviswes7082 11 дней назад

    Additional earnings reports from major tech companies, driven by Nvidia, coupled with trader FOMO, could fuel a resurgence in market buying pressure. I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.

    • @user-sb6po3yj7d
      @user-sb6po3yj7d 11 дней назад

      Nvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment. `

  • @funnyperson4016
    @funnyperson4016 2 месяца назад

    You can clone the framework of successful investors like Buffett did with Graham until he knew it better than he did and improved upon it.
    There are books that make this a lot easier too.

  • @JamesFoxPhotography
    @JamesFoxPhotography 16 дней назад

    Old saying we have all heard...You dont have to reinvent the wheel, yet so many do.......

  • @wrongthink1212
    @wrongthink1212 15 дней назад

    I love how all these midwit "really great investors" , overlook and scoff at the most obvious investment possible, Bitcoin.