What Buffett learned from Munger

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  • Опубликовано: 29 окт 2024

Комментарии • 127

  • @paoshea
    @paoshea 11 лет назад +137

    I continue to listen and learn from senior members of society. God bless them.

  • @janakmerchant
    @janakmerchant 10 лет назад +210

    OMG. Charlie's comment: I have seen so many idiots get rich in easy businesses! Amazing.

    • @jp929rr1
      @jp929rr1 10 лет назад +13

      Greatest line ever told !!

    • @mtl-ss1538
      @mtl-ss1538 4 года назад +1

      @@jp929rr1 A+ Up Date to 2020 = Kiwi farmers world record with wheat crop.!!!
      New Zealand - for the highest wheat yield with a crop producing 17.398 tonnes per hectare,/ New wheat world record at - [ 258.8 Bu/Ac ] = (6.93 t/ac).-;www.stuff.co.nz/business/farming/122074530/kiwi-farmer-breaks-own-world-record-with-monster-wheat-crop . = Wheat is to be milled for flour,
      2020 Kiwi HARVEST- New Zealand
      ruclips.net/video/FpkB7maYA2k/видео.html ruclips.net/video/VSs_A4Uxab8/видео.html ruclips.net/video/RyoFfk_Qb74/видео.html
      Canterbury Kiwi-,Volgs - ..ruclips.net/video/vHcg7nTDsxE/видео.html
      Thompsons - ://ruclips.net/video/pG85rCuCWsg/видео.html .
      Quigleys - ://ruclips.net/video/J40ogFrsxLk/видео.html .
      GAVINS - :ruclips.net/video/FkWUB7t_FKE/видео.html
      Kiwi Fruit - ruclips.net/video/fsPNz1JbG_s/видео.html

  • @napoleonb55
    @napoleonb55 10 лет назад +144

    THey look so cute

  • @chrisagada
    @chrisagada 4 года назад +22

    2:26 - Trying to change people will make you miserable.

    • @st0a
      @st0a 5 месяцев назад

      Unfortunately, people rarely change, so the effort is futile anyways.

  • @manavgupta8484
    @manavgupta8484 3 года назад +10

    "If u wanna ruin your life, try changing your spouse"....

  • @zlcllc
    @zlcllc 10 лет назад +64

    we make silk purses out of silk. we don't make silk purses out of sow's ears

    • @nikhilgoyal007
      @nikhilgoyal007 7 лет назад +5

      thank you! I didn't understand this in the video.

    • @mrchocolate4eva
      @mrchocolate4eva 6 лет назад +1

      What is sow’s ears 👂

    • @edwardmusk3540
      @edwardmusk3540 5 лет назад

      “We make business purses out of business. We don’t make business purses out of prices” I think that what he meant? Idk

    • @felpswa123
      @felpswa123 5 лет назад +10

      There's an old saying, "to make silk purses out of sows ears"... which means to make something seemingly valuable out of worthless components. Munger is rejecting as impossible the idea of attempting to make something valuable out of something worthless.

    • @mtl-ss1538
      @mtl-ss1538 4 года назад

      @@felpswa123 A+ Up Date to 2020 = Kiwi farmers world record with wheat crop.!!!
      New Zealand - for the highest wheat yield with a crop producing 17.398 tonnes per hectare,/ New wheat world record at - [ 258.8 Bu/Ac ] = (6.93 t/ac).-;www.stuff.co.nz/business/farming/122074530/kiwi-farmer-breaks-own-world-record-with-monster-wheat-crop . = Wheat is to be milled for flour,
      2020 Kiwi HARVEST- New Zealand
      ruclips.net/video/FpkB7maYA2k/видео.html ruclips.net/video/VSs_A4Uxab8/видео.html ruclips.net/video/RyoFfk_Qb74/видео.html
      Canterbury Kiwi-,Volgs - ..ruclips.net/video/vHcg7nTDsxE/видео.html
      Thompsons - ://ruclips.net/video/pG85rCuCWsg/видео.html .
      Quigleys - ://ruclips.net/video/J40ogFrsxLk/видео.html .
      GAVINS - :ruclips.net/video/FkWUB7t_FKE/видео.html
      Kiwi Fruit - ruclips.net/video/fsPNz1JbG_s/видео.html

  • @Mdkabir-tq1sx
    @Mdkabir-tq1sx 8 лет назад +18

    observing what works and what does not work. and why? so simple. you gonna ruin your life if u try to change ur spouse. rather than change a manager higher someone who you did not need to change.

    • @AverageAngel
      @AverageAngel 5 лет назад +1

      unfortunately so many people, particularly women, are always trying to change others, including the world, things they have no control over. But then they don't make any effort to changing the thing easiest to change, themselves. Great advice as always from Buffett and Munger

    • @devalpatel8816
      @devalpatel8816 4 года назад

      @@AverageAngel You're right, women always hope for a change even when logically the change seems highly improbable. Thanks for reminding!

    • @hendrykurniawan2565
      @hendrykurniawan2565 2 года назад

      Can't agree more

  • @anicetogarcia438
    @anicetogarcia438 6 лет назад +10

    woww they have big wisedom, I respect them

  • @chrave1956
    @chrave1956 5 лет назад +6

    A true BroMance .

  • @craigneeve61
    @craigneeve61 6 лет назад +20

    the two guys from the muppets in the top balcony

  • @iFreeThink
    @iFreeThink 3 года назад +1

    I think my aunt assumes that "if you can't do anything else and could work with people in a charismatic way,
    go into business."

  • @nnmaster4271
    @nnmaster4271 8 лет назад +3

    Being able to change people is much greater than being able to make a lot of money. You cannot change people's nature but you can ,at least, change their mindset.

  • @SharingInvestingWisdom
    @SharingInvestingWisdom 2 года назад

    Wit and Wisdom from the World's Greatest Investors

  • @ryanturner3217
    @ryanturner3217 5 лет назад +6

    Forget about looking cute,two of the sharpest minds in the world here

  • @Florian-ur3vt
    @Florian-ur3vt 6 лет назад +2

    yeah this title isn't misleading at all

    • @chichito0930
      @chichito0930 3 года назад +1

      Damn the education system failed you, huh?

  • @JeanCharlesEvrard
    @JeanCharlesEvrard 7 лет назад +3

    Where can we find the complete interview?

    • @samm155
      @samm155 3 года назад

      I couldn’t find anywhere.. if you did, kindly post

  • @Mdkabir-tq1sx
    @Mdkabir-tq1sx 8 лет назад +3

    we purchase silk to get silk.

  • @raqueldominguez7834
    @raqueldominguez7834 3 года назад

    Me encanta su sonrisa es un hombre increíble, tiene un corazón de niño,escucharlo hablar es como escuchar la melodía de richar.. cla....uf lástima que tengamos dos mundos diferentes aunque vivamos en la misma casa 😘

  • @Steve_Takes
    @Steve_Takes 5 лет назад +2

    Mortimer and Randolph!!!

  • @alexandermaseka6463
    @alexandermaseka6463 5 лет назад +10

    I have seen so many idiots get rich with easy business 🔥

  • @49fiori
    @49fiori 9 лет назад +5

    Charlie doesn't answer the first question: 1.) Where did this habit come from? To invest in very good companies rather than cheap businesses? So where did it come from?
    From idiots? From his father? From working as a lawyer?
    Sorry, but I don't know why he started to think like this? Kind of important, without this philosophy we wouldn't know today who is Warren Buffett or Berkshire!

    • @BIngeilski
      @BIngeilski 8 лет назад +1

      +49fiori maybe just from trial and error...

    • @AC_Blanco
      @AC_Blanco 8 лет назад +9

      +49fiori Ever heard of Benjamin Graham?

    • @knpstrr
      @knpstrr 7 лет назад +8

      Yes he did. He observed people getting rich in "easy business" and wanted in too.

    • @honsangman184
      @honsangman184 5 лет назад +1

      @@knpstrrthis is the answer.

    • @DaviMourao
      @DaviMourao 3 года назад +1

      "Observing what works and what doesn't work; and why?"

  • @juju10683
    @juju10683 6 лет назад +4

    they look like those two muppets

  • @ayubaalim2201
    @ayubaalim2201 2 года назад

    warren buffett and charlie munger

  • @vernefits1953
    @vernefits1953 5 лет назад +1

    Two leyends

  • @vlasnikcevapdziniceizklage6578
    @vlasnikcevapdziniceizklage6578 7 лет назад +1

    evo brace evo rodjenije

  • @roe2012
    @roe2012 6 лет назад +3

    Two lucky fat happy bright mice. So fluffy and fat, yet positive and bright, as sunshine, in the surface.

  • @TheSnookerGym
    @TheSnookerGym 7 лет назад +24

    Why does this woman look so vicious and miserable?

    • @nikhilgoyal007
      @nikhilgoyal007 7 лет назад +5

      rofl. I see British typed over her face! is she american or english ?

    • @JeffreyGillespie
      @JeffreyGillespie 6 лет назад +1

      Maybe because she's the only person in the room who isn't a billionaire?

  • @jaronshalalproductsllc2622
    @jaronshalalproductsllc2622 4 года назад

    📚

  • @jaiminshah6416
    @jaiminshah6416 3 года назад

    👌🏾

  • @vinodpuri4331
    @vinodpuri4331 5 лет назад +2

    Hi im from mumbai...India can i meet you sir ...pls

    • @rentoquando5249
      @rentoquando5249 5 лет назад

      Ok where he must come?

    • @mtl-ss1538
      @mtl-ss1538 4 года назад

      A+ Up Date to 2020 = Kiwi farmers world record with wheat crop.!!!
      New Zealand - for the highest wheat yield with a crop producing 17.398 tonnes per hectare,/ New wheat world record at - [ 258.8 Bu/Ac ] = (6.93 t/ac).-;www.stuff.co.nz/business/farming/122074530/kiwi-farmer-breaks-own-world-record-with-monster-wheat-crop . = Wheat is to be milled for flour,
      2020 Kiwi HARVEST- New Zealand
      ruclips.net/video/FpkB7maYA2k/видео.html ruclips.net/video/VSs_A4Uxab8/видео.html ruclips.net/video/RyoFfk_Qb74/видео.html
      Canterbury Kiwi-,Volgs - ..ruclips.net/video/vHcg7nTDsxE/видео.html
      Thompsons - ://ruclips.net/video/pG85rCuCWsg/видео.html .
      Quigleys - ://ruclips.net/video/J40ogFrsxLk/видео.html .
      GAVINS - :ruclips.net/video/FkWUB7t_FKE/видео.html
      Kiwi Fruit - ruclips.net/video/fsPNz1JbG_s/видео.html

  • @chrisbarr1359
    @chrisbarr1359 4 года назад

    This interviewer is horrible!

  • @Mostafa-rq9rm
    @Mostafa-rq9rm 6 лет назад +8

    These guys are overrated. If you combined their IQs, it still wouldn't be half of what mine is. I'll give some stock tips, free of charge: we're heading into summer here soon so you need to go BIG on ice cream. Don't be afraid of piling up 25% of your portfolio on Baskin Robbins. But be out by early September, because that is when you want to get into companies that sell rakes and pumpkin pie filling. You're welcome.

    • @sidgoku1694
      @sidgoku1694 6 лет назад +6

      Norm Kid Fuck off bitch.
      Shove your Shitty advice back in your ass.

    • @rupaladhikary6280
      @rupaladhikary6280 6 лет назад

      Norm Kid and your net worth ?

    • @shashankk4048
      @shashankk4048 5 лет назад

      Hey I give u 100$ to fuck off

    • @silverhawk7324
      @silverhawk7324 5 лет назад +3

      Almost anyone could see he's blatantly trolling. You fell for that hook line and sinker. @@sidgoku1694

    • @swanandjoshi333
      @swanandjoshi333 4 года назад +1

      Hahaha

  • @SVAFnemesis
    @SVAFnemesis 11 лет назад +7

    He got lucky and now he can say whatever he wants. Whatever he said will be regarded as "secret to success".

    • @49fiori
      @49fiori 11 лет назад +18

      of course, it is always luck, you have to be at the right time in the right place and to the right thing, you have to be somewhat smart to make it all work out in the end and not screw it up, other than that you are right, it was all based on luck and it will always be, but Warren says this himself. He was lucky to be born in 1930, male, white and in the US with a father who was a stockbroker and professor who was Benjamin Graham, enough said.

    • @SimbaKaizen
      @SimbaKaizen 11 лет назад +38

      yea you are so smart, his lucky for 60 years, and he is luckier than every investor in the world, what a coincident

    • @Robinfuk
      @Robinfuk 11 лет назад +14

      Moron

    • @TurdFerguson7
      @TurdFerguson7 10 лет назад +1

      It's not ALL luck. but luck is a huge part of it.

    • @Robinfuk
      @Robinfuk 10 лет назад

      Heisenberg How do you know?