Warren Buffett says his great skill is avoiding bad luck

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  • Опубликовано: 3 май 2024
  • Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. Watch the full coverage of Berkshire Hathaway annual shareholders meeting on www.cnbc.com/.
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Комментарии • 45

  • @Farmwald853
    @Farmwald853 9 дней назад +60

    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 $109k now to put in the market.

    • @JohnMatthew-hq3xs
      @JohnMatthew-hq3xs 9 дней назад

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

    • @Fahima9Tazin
      @Fahima9Tazin 9 дней назад

      True, 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

    • @LagerthaJackson
      @LagerthaJackson 9 дней назад

      Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.

    • @Fahima9Tazin
      @Fahima9Tazin 9 дней назад

      Finding financial advisors like Vivian Jean Wilhelm 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.

    • @LagerthaJackson
      @LagerthaJackson 9 дней назад

      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.

  • @andypicken7848
    @andypicken7848 13 дней назад +6

    I find that both Warren and Charlie inspired hope in people that is part of the attraction they are just so inspirational

  • @willtwain1383
    @willtwain1383 13 дней назад +5

    I love Warren's humility. Unfortunately, the audience is only listening for great investment tips, not great character tips.

    • @MatthewMS.
      @MatthewMS. 12 дней назад +3

      With Charlie and Warren their philosophies on investing and character are interwoven not separate. They are in their own class.

  • @oceansunsetak
    @oceansunsetak 13 дней назад +13

    Luck. How else can you explain why someone 10 dies and someone live to be 90. Why is someone is born in America and someone is born in Gaza. I faced death a number of times in my life I used to give God credit for it but now I agree Warren Buffett it was luck

    • @jayjason423
      @jayjason423 13 дней назад

      here is an idea. Maybe that "luck" could increase if we got overpopulation under control. That way more countries could actually function and war would decrease. But Warrens son is too busy feeding them and feeling good about himself. And Warrens party is too busy busing them here.

    • @testing6753
      @testing6753 11 дней назад +1

      luck, fate and destiny are given to you by God. Now the question of why some people are lucky and some aren't, we won't know until we meet God ourselves.

    • @dynamikausa
      @dynamikausa 9 дней назад

      God seems to be indifferent to who enjoys his luck, but individuals can affect their luck to certain extend ​@@testing6753

  • @MatthewMS.
    @MatthewMS. 12 дней назад +1

    I ❤ Warren Buffet so much

  • @Darkbluedevil
    @Darkbluedevil 13 дней назад +4

    Ive always heard Mr.buffet greatest attribute is modesty!

    • @Dr.Weed8
      @Dr.Weed8 13 дней назад +1

      Close, it’s another word that start with “M” $$$$
      I love buffet though. I tried eating like him once to see if my investing would be better. 12 cokes a day, McDonald’s
      , Kraft mac and cheese and toffee candy. 45% CAGR it’s that easy folks.
      😂

  • @walden6272
    @walden6272 12 дней назад +2

    Find your husband while in school is sound advice. Good ones are taken in school.

  • @huruhooroo
    @huruhooroo 12 дней назад

    The thing about bad luck or good luck is that no one can either avoid or prescribe them, no matter how rich or smart they are. Otherwise, they shouldn't be called luck. But what's admirable about Buffett's skills is that he can take whatever is given to him, whether good or bad, as a kind of gifts, and use his talents and hard works to turn them into something rich, much richer than one can ever think.

  • @ShirleyCynthia
    @ShirleyCynthia 13 дней назад +36

    My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? I really need some urgent advice

    • @ThomasDaniel997
      @ThomasDaniel997 13 дней назад

      Keeping up with news sources like CNBC could help out
      Just buy when prices are low and sell when prices rise

    • @MichealBull
      @MichealBull 13 дней назад

      No luck on my side yet, just a sideways trend and a bear market crushing my portfolio. Need a bull run ASAP.

    • @michaelgoerge208
      @michaelgoerge208 13 дней назад

      Buy more and hold onto it for the long term. Solana and Radium seem good, and Dogecoin is worth considering too.

    • @Deniseamber
      @Deniseamber 13 дней назад

      I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

    • @kelvinjeff3893
      @kelvinjeff3893 13 дней назад

      JoyceAlbert has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets.

  • @shankarbalakrishnan2360
    @shankarbalakrishnan2360 9 дней назад

    Ur good at spilling ideas of life live it❤❤🎉🎉

  • @shankarbalakrishnan2360
    @shankarbalakrishnan2360 5 дней назад

    Politics markets don't seem to be in sync with me i would like to do and finish at my own pace and knowledge good luck with your lives❤❤

  • @GrimKage
    @GrimKage 10 дней назад

    master at avoiding questions

  • @kaynewest6167
    @kaynewest6167 13 дней назад

    Warren , “ when i’m avoiding bad luck I usually stay away from broken people or people suffering , I mean bad luck not people suffering, i mean avoiding negative experiences , Warren 😀

  • @LeveragedFinance
    @LeveragedFinance 12 дней назад

    Is the asker the famous Chinese comedian Joe Wang?

  • @rrvillareal2011
    @rrvillareal2011 13 дней назад +1

    Inside trading!

    • @user-yn5od8vg1i
      @user-yn5od8vg1i 13 дней назад +3

      Yes that's why he sold Paramount for a loss🤣

  • @Gengingen
    @Gengingen 12 дней назад

    The life expectancy in the US for the poor is worse than some of the lesser known countries. So no WB, you are not the “people” in general.

  • @SalmanovGadzhimurad-pj9qq
    @SalmanovGadzhimurad-pj9qq 9 дней назад

    Купить виллу в Дубае собирался а отец американец и все пишьец хрустнула жизнь моя

  • @keithfoster5329
    @keithfoster5329 12 дней назад

    Lol.

  • @ncprealty3844
    @ncprealty3844 12 дней назад

    Coke and fudge not a good visual message and do we forget the comments about a blonde on his lap? Now he’s a woman’s right advocate? Lol