Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
'Carol Vivian Constable, 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.
As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.
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.
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.
I am watching these videos 8 years after they were posted ( I love youtube), and still is a great value during this time. Thanks for posting it and for free, this is amazing.
Thank you Mr. Pysh for creating such wonderful videos. I have watched all 35 videos and have found them to be extremely helpful. Your speech is clear and concise and how you break down the material is easy to follow. I have been so impressed by every video so much so that I went out and bought the books as well from Amazon. Thank you so very much for doing such a great job.
Ahaha "And I'm sure you can think of many other things in your day to day life that take money out of your pocket every single pay check and that is definitely something you can classify as a liability" - sounds like it fits the definition!
This is a great series of videos. I didn't have a clue about investing prior to watching it. One thing I learned was that you need to know a lot about a stock. What I did was gradually build a database based on what each video explained. Then once I finished the course I started inputting stocks into the database along with their respective stats and such. That allowed me to find a variety of stocks that are undervalued, have good leadership, etc. From that list I narrowed it down to about 7 stocks that I found interesting, etc. Then I started reading everything I could on those stocks. Not just about them but also their competitors, etc. Things that might affect their future value. And I continue to keep up on anything dealing with them. Not saying everyone should do this... it is just what helps me learn and become more confident in the stocks I invest in. I'm sure there are many different ways you can utilize the information in these videos. They are very helpful.
The book Intelligent Investor by Graham is entry level. The latest edition even has commentaries after every chapter which explains it and discusses its relevance for the present. I would absolutely recommend it. Technical terms can still be looked up on the internet.
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@@devereauxjnr That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.
@@MrGravity304 Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@@MrGravity304 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services
Man, normally I dont usually write comments on videos but this time I must. Thank you so much for such a great work! You can't imagine how much I appreciate that. I spend more time in checking your videos than in my university books lol, I've been learning a lot. Cheers mate, God bless you.
I bought your book about 2-3 years ago, i have always wanted to learn how to invest. I guess i always had a fear about investing and didn't take the risk until a friend asked me to open an broker account online a few weeks ago. I'm happy that your book helped me understand the basics, I also enjoy your videos as well. Thank you for the opportunity.
18 years ago, I came to Canada. One of the questions were how can I learn to invest into the stock market. After having invested a quite bit of time and money, finally got the answer, by far the best educational content about the subject. Thank you Preston!
With my total lack of brains and experience in this field im destined to fail. But if i keep watching this series again and again i will familiarise myself with terminology and techniques. This is the 3rd time through the first 5 videos. I have learned alot. Thanks fella. From Australia.
1) Wealthy people accumulate assets and do everything in their power to minimize their liabilities! :) 2) Poor people have one asset of the job and they accumulate liabilities, and that's why they really never improve their way of life and their social standing 3) Value investing=Fish pin that is growing in value! 4) Warren Buffet has simple logic. Doesn't care about stock price but looks at what he thinks about what company is worth. Buying $40 value for $30. Value! Security! YOU=AWESOME!
Thank you Preston! I watched all the "Stock Investing Like Warren Buffett" video and honestly they saved 100s' of thousands of dollars! This course is more valuable than any of the Investment courses at any University. Just thank you for all of the amazing content.
Even though the course is very outdated in today's market but it really helped me in my investing knowledge. I studied this course from the dawn of the Covid-19. You have to pay to enroll courses like this but Preston just upload his knowledge about investing and I am forever grateful.
I’ve been listening to your “We study Billionaires” podcast on Apple and just recently started looking at your RUclips channel. I’ve learned a lot more since then and your explanations have definitely helped me understand how to value and pick a stock. Thank you for providing this very clear, concise information.
It is interesting to hear that how one object can be both an asset and liability depending on use we make of it. A house is a liability when we buy it to live in, but when we buy it to rent it to others it can be an asset, as it can generate dollars for the owner.
By the way, everyone, if you rent out your house or do AirB&B, it becomes an asset. If you rent out your car and make more than it's sell value, it becomes an asset. In fact, if you drive your car mainly to secure clients who will generate $, it's an asset. As Preston said, an asset needs to continually put more money in your pocket for as long as you own it. It's just like debt; "good debt" is an asset, bad debt is a liability.
A vehicle can be an asset or a liability , depending on how you use it ,an 1970 hemi barracuda convertible for instance ,in 1970 you could have picked one up for 2700 ,now they sell for about 3.5 million ,
Preston Pysh Great idea and way to move about with the flow and laws of money, yet I feel that we invest either knowing or without that we are investing into unethical companies that are causing turmoil. In other words we need to vote with securities rather than a ballot, an interesting man to Google is Walter Russell as I agree with him moral character is a firm of securities.
I will be forever grateful to you, you changed my entire 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 Mrs Katherine Flores.
I invest with Mrs Katherine Flores too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
Hey quick question or point: A house is and Asset surely? Just as companies sell factories or building as assets. You said in your reason that it is not because although the price may grow due to inflation it value will not. Surely value and price has a direct correlation and therefore an increase in price is and increase in value. I would say it is not a fixed type of asset because it depends on the perceived value in relations to the market demands/supply and what the person perceives the price to be. This is an open statement/ question so I would appreciate your input
Yeah like Preston says.. In terms of straight accounting, a house is an asset.. This is the main reason many people are not getting truly rich because they sit in their house and believe they are doing it right, because they do usually have some kind of grasp of the principal, that you want assets, but their definition is skewed because in reality as the video shows, it is almost exactly the same as a normal liability (a car for example), money goes out with no cash-flow, and yes, you do have equity in your house if it appreciates but equity in a house is a rather elusive type of "cash-flow", because of 3 things: 1. it is determined almost solely by external factors, eg. the macroeconomic situation, which you have no control over. 2. As fast as the equity came, as fast it can (and eventually will) fade away. 3. Equity can go away, but debt can´t. This means that if you borrow into your equity in your house because of an appreciation, and a depreciation comes along afterwards the equity will go away but the debt you now have will not. This situation in the 3´rd point is the main culprit that turns millions of homeowners into slaves of bad debt and actually means they are technically insolvent because they now have more bad debt than they have asset value. The worst kind of debt (also seen from a financial institutes point of view) is debt that doesn´t have any asset behind it. That is when people go from middle class to poor and it is happening every time a economic crash comes.
Im in the process if acquiring my own HVAC business which is a C Corp. I will be watching/listening to your contents as it’s a great educational tool. Thank you for sharing your knowledge!
This video in specific or the entire course? I've already read the book and I don't want to waste more time watching the other videos if I already know that stuff
I read Rich Dad Poor Dad, and from my perspective it was a waste of time and money. He spends a vast amount of time repeating himself and promoting his board game
@@mach9713 If you know basic concepts of investing, then this beginner course is a waste of time. But there's also intermediate and advanced course which dive deeply into security analysis and other crucial investing concepts. You can find them both playlists at their channel.
I read his book, its good for forming financial mentality, other than that he repeating the same thing and broadly probably paraphrased from other gurus. I’m pretty sure rich dad is not a real person but a concept to his narrative.
Hi Preston, this is a great video. Thank you for sharing. I got a question. How does Warren Buffett buy and sell stocks from? Does he use an Online Broker?
I would argue a house is most definitely an asset, generally speaking but also depending on where it is. I know people who bought property in London in the mid-90s to early 2000s & the return has been incredible. The general trend of the property market is up, otherwise almost nobody would be buying property.
Most Professional and Highly Educated Lessons, I really like and Appreciated Hard Work. I also downloaded all Lessons. i am very beginners in this filed and now i am happy to find these Lessons. if any body understand completely these lessons then no need to watch another videos on RUclips about stock. +(Mr. Preston Pysh), Thank you so much.
Wow! Can't believe this was five years ago. Been a value investor for 2 years and wish I would have been one in 2008. Thanks for the education Preston.
I think you mean a car is not a financial asset. The wording might confuse some accountants like me. It is an asset and a liability from an accounting and economics point of view. It produces future economic benefits based on a past decision to obtain legal ownership.
But my house is rising in value while I hold it, and when I go to sell it and buy a new one I'll be able to buy a much better one because it's value will have increased, surely that's an asset? It's not directly putting money in my pocket, but like you said while I hold it and then eventually trade it, it is worth a lot more than when I bought it... Can someone please explain what I'm missing?
Yes, thanks so much for the free course Pres! blessed! been watching for almost a year now until I finally bought some Berkshire Hathaway shares this year and made the pilgrimage journey to Omaha for the shareholders meeting. Truly appreciate your work
All the rules and calculations which you explained are they applicable for indian market as well or only for US market....are there any changes in calculation or numbers for indian market????
Once again youtube roves to me that smaller channels that talk frankly and without gloss are the best for learning complex crafts. They are straight to the point and dont follow trends but rather aim to understand how trends are made. Fantastic entry to the series and will probably make me a much wealthier man down the years! Thank you so much sir!
How does he get paid every month as you say? He is a share holder only right? Does he get dividend payments every month? Even if the value of the stock goes up he doesn't get paid until he sells it. Which he doesn't do. I heard him say I don't pay taxes because I don't get paid, because his company BERKSHIRE HATHAWAY INC. doesn't pay dividends so dividends from the stocks held by his company is used to reinvest, but how do you have an income if you reinvest everything of that income?
I find the layout and structure of this site very very well done, but i do have one questiong before i start watching all these videos. Are these videos mainly for long term investors (holding stocks for years) or swing traders as well (week to month holding)? I currently trade options and i find myself holding most of my trades for about a month, but i wouldn't call myself an INVESTOR, even though i trade the same stocks over and over.
There are so many sources (college, MSN, yahoo, TD, on and on) learning financial education. None of that source explains buying one share mean. If you want to know, this is the place.
I have been a entrepreneur since long time but never got into stocks and invest focusing until recently, and the way you explain and clarify some stuff is amazing. This is definitely a 1yr course at a college in my books. Thanks!
... I absolutely agree! It made so many things clear to me. I recommend to everybody interested in investing to read about Graham and Buffet resp. value investing... and to start with your videos :)
Hey Preston, could I ask if you are an investor yourself? And if so, when did you start? what are your profit/losses like in percent per year? Appreciate the videos!
There are two types of problems. Financial and some bad event. For Example some people eat KFC and get ill. that´s a event that will drop a stock but it will come back in few months, years. then there are financial problem that are not fixable and you can see something bad is happening in the company. That´s what u don´t want.
wanted to say thanks for all your contributions and the way you turn complicated subjects into easy ones-you have a gift. i had a question about your course 2 video about disney. was watching and you said it was selling in the market too high. but your intrinsic value was not that far off from market price. would you ever make exceptions? i just ask because from that point on disney went up. thanks so much.
house is an asset in some condition., for an example if you had bought a good house in one of the major city in China 15 years ago the price of that house has now more than 10 folded. apartment building is also condition based, because its basically a business and it could fail. house or business are similar in this case, but imo, they are asset/liability depends, just not fixed.
I have to say that your courses you built up are amazing. Great thanks for your effort. I just have 1 question: all knowledge showed on those course is from two book you mentioned above or those knowledge is from various sources. Thank again for your time
Thanks for the great video. Just a small thought, an asset is one that appreciates in value or yields an income, Car for instance may or may not be an asset. For Budget/Avis/Enterprise even for Uber or Lyft drivers is an asset. Even exotic cars appreciate in value.
This is a good video but I just want to point out, the house, car and even the fish pen are all considered assets. Assets do not have to provide constant cash flows. Assets are anything that a company or person buys which has future economic value expressed in currency. For example, when a company buys supplies, they expect to use up these resources. however, they are still assets.
This is awesome! Thank you for making these videos. Would you say it is possible to use Value Trading techniques to trade up to an asset? For example, buy a stock, sell it at a higher value, use that money to buy another stock, sell again, and continue doing this until you feel you have a high end asset that you wouldn't have had the money to buy before?
I appreciate this video and will continue to follow this course but I would call these things assets because you can liquidate them and turn them into cash, you can't do that for a liability.
Hie Preston Pysh, your this video is awesome i liked it, but i have an doubt, as you said that 'AN HOUSE IS NOT AN ASSET BUT AN APPARTMENT BUILDING IS AN ASSET' we can also give our house on rent and can stay in appartment building's room?? so this was my doubt, and make such videos they are very heplful. thanks.
a house is a liability which is depreciated and has expenses, it only creates value if you rent it to someone else, especially if it is new in order to get fast the premium (money you put on the investement - built it) and then the interest of the premium in the form of a rent. It depends in which country you live though, since there are countries in which you pay no taxes for owning a house.
Honestly, this is just nomenclature. You might spend a lot on your car but how on earth would you fare without it? I guess it's not really worth analyzing, everybody needs to consider for himself what constitutes an asset in his particular case.
Hey Preston, I REALLY enjoyed your video! Am going to watch more right now! I always enjoy learning a new perspective like yours, it gives me an intuitive understanding of the material. Many thanks.
Hi Preston, Thanks for these vids, I'm just starting out and these are so helpful. I know I will have to view them a couple times over but at least I can understand the "Why" behind them. :)
How is a car a liability when it gets you to work, therefore allowing you to generate more income??? Like if you have five cars that would make sense that four of them would be liabilities. The house thing is also nonsense because you can use that house to generate revenue with a home office and even if you move ten years down the line, you're still at a net gain???
@@freerights6695 By that logic, even cash is a liability, because it will decrease in value over time, unless well invested, due to the time value of money. A liability is somthing you are obligated to complete or pay off, so a car loan payable is a liability, but the car itself is 100% an asset and is recorded as such on every balance sheet ever.
@@williamt104 so a liability is just a debt? But if u have to make car payments, it's a liability, no? Also, you have to pay insurance and it can break down at any time, costing a lot of moneh. Doesn't that make it a liability?
@@freerights6695 So the car itself is an asset, but the accounts payable (the car payments) and insurance payable (insurer bills) would be liabilities. As for the car breaking down that would fall into depreciation as, knowing the asset (the car) has a useful life of let's say 10 years, the cost of the vehicle is expensed bit by bit every year until 10 years passes where you figure it will probably break down soon.
What do you think about MJNA stock (Medical Marijuana stock)? These types of pink sheet stocks seem to have potential in creating alot of wealth after a case study evaluation. 1) value book to stock price ratio is below 1 2) its strong political influence both domestically (legalization in Alaska, Colorado, Oregon and Washington) and internationally in Brazil. 3) Popularity in society evidenced by news articles and documentary coverages on sites like money.cnn.com. Additionally, from a psychological standpoint the corporations name " Medical Marijuana and MJNA loosens the guard of investors to mean safe and trustworthy. This leads investors to feel more comfortable to commit their money into this stock specifically over other alternatives..when studying the historical prices that piked 5 cent to 50 cent is this what Buffet style investing mean when looking for the cigar butt with the last puff? Thank you for even addressing this..i know its a controversial issue.
I mean, a physical house is an asset. It doesn't need to generate revenue streams like an apartment complex to be considered an asset, but the likelihood of future economic benefits arising from a regular house through revaluations and capital gains is enough to satisfy the criteria of an asset in accordance with accounting standards. The motor vehicle is definitely an asset, the depreciation would be an expense and the chattel mortgage would be a liability. As would be shown on it's following trial balance. And there are many assets that decrease in value, such as listed share capital which if measured at market value can obviously decrease. Or measured at historical cost and then sold with it's proceeds on sale, less than it's historical cost base. But i can see what you're trying to say, in that a car isn't a very good asset because of it's tendency to decrease in value over time, with of course the exception of collectibles and vintage cars. I studied Accounting for 5 years, and i'm a professional accountant.
No, the house itself is an asset which would appear on the balance sheet as a non-current asset. And the mortgage would appear as a liability. The bank would call the mortgage an asset, and the interest repayment as income or "interest received". If you purchased a house. The journal entry would be, debit house and credit mortgage loan account. And then your journal entry balances. If supposedly the house was a liability. What possible journal entry would you debit lol?????
Great video. A house you own but live in is an ASSET but not CAPITAL. The house you rent out is an ASSET and CAPITAL as it used to operate a business and generates income/Revenue?
I am new to this so apologise me if my questions sound silly: 1. How he came to know about intrinsic value of share is $30, he was not even aware about number of outstanding shares in market, am I missing something? 2. Car is surely a liability but for people who are making money out of this by using it in Uber or some taxi business, for them it may be an asset, what are your thoughts on this?
This series is just awesome! It got me really into investing, I even went so far as to program my own stock analytics system using the Graham method and found many stocks that soon after went through the roof! Plus, I have to credit you for making me a RUclipsr ;-)
A car is not a liability. The loan on the car (if there is one) is a liability. An asset doesn't have to be something that directly puts money in your pocket and often isn't. A car is an asset because it allows you to go to work or in some other way enables you to do something that puts money in your pocket.
The fact that he had it online, and many people were following him whatever item he traded, value was added not because of the item itself but because of people getting involve and this we see happen over and over again. Why sports cards of 30 years ago sell for so much or why certain companies are over valued. If he did not put it on the net, nor got followers , he still would have not ended up with the house but maybe a stick
I'm sorry, i would love to understand really difference between these fundamental definitions. In the first section about value trading you said, mcDonald using a value trading - because his paper clip or fish pen didn't grow in value- in reality regardless he waited in 10 days period time or 1 year, the fish pen didn't become more valuable. How possibly to trade a fish pen for door knob if '' fish pen is not ASSET and it's just ITEM so value actually didn't grow. I can't see that as you say combination of Value Trading and Value investing in this example. Please can you help me to understand that more and answer on that question. Thank you.
Wow. First i thought, just read the comments. Someome mustve simplified the video. But after 10 minutes, this is hard skill thing. Very useful. Thankyou !
You’re telling me a car is not an asset? I disagree. It’s a depreciating asset. If someone gifts you a car, there is no liability. It is an asset that is going down in value over time.
bro if you know anyone who gifts people cars hook me up! Anyway what your saying doesn't just count for cars its any liability apart from bills because i dont think gifting someone a bill would be appreciated lol
thanks for providing this for everyone (for free, no less!) who wants to learn about value investing. i got referred to your site by value investors in my country via social media. wonderful! generous! what a noble way to educate people like me who want to know about investing.
Hey Preston! Awesome series that you have compiled. I´m really looking forward to it. I´ve just started my journey as a investor, and I´ll benefit on having this lessons by my side. I´ll keep you updated.
Great video! I'm trying to understand how Buffett would "continue to get paid for owning this asset" before he buys the company outright. Even as a major shareholder, you'd only get paid once you sell your shares, so how would you get paid every month? (I'm going to try to answer my own question and guess that your "payment" is actually the asset rising in value while you hold onto the shares...) Looking forward to jumping into the rest of the videos!
You are doing such a fantastic job.. God will bless you sir. You are really helping in the right way. I don't find videos like yours on RUclips. Its rare thing.. thanks a lot
Hi, Preston - I have a question about this video (great discussion, by the way!). In the latter section, you talk about Warren Buffet’s strategy in determining what a company is worth before he checks to see what the stock price is. In your example, he thought $40 and it was actually only selling at $30. Did he not investigate to see why it wasn’t selling for $40? That would have been my first question about the stock. Is it common to find stocks that sell for less than they are worth? Thanks!
Kristi Kelly The price being $30 instead of $40 is due to pessimism, other investors are projecting profits to be lower in the future, for example if the oil price has been falling and you think it's going to continue to fall, you might think an oil producer's stock is less valuable. The thing about speculators is they usually over-compensate, the falling prices gain momentum and the stock gets oversold, but if you've valued the stock correctly and it's underpriced, that's a good time to buy. Stocks are never priced based on current events or a reasonable expectation of returns, they're priced based on stuff that may or may not happen 6 months from now.
It trades at a lower price because the market has mispriced the stock. You don't really have to know why it selling at whatever price as long as you estimate that it is selling at a discount.
First of all, you need money to value invest. And how to get that money is to work for someone. get an education work for few months and start value invest. Start a company while you work on your 7-5 job. 7-5 job are important because you will get alot of experiences. depends on which job you work for. Educationally jobs are valued for building up experience.
What if the value of a particular stock takes too long to reach the intrinsic value we don't get profit in real terms because of time And what if the value goes down further
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
'Carol Vivian Constable, 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.
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.
As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.
The current market conditions offer potential for rapid revenue growth, but executing such a strategy demands expertise.
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.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.
I am watching these videos 8 years after they were posted ( I love youtube), and still is a great value during this time. Thanks for posting it and for free, this is amazing.
Me too
Thank you Mr. Pysh for creating such wonderful videos. I have watched all 35 videos and have found them to be extremely helpful. Your speech is clear and concise and how you break down the material is easy to follow. I have been so impressed by every video so much so that I went out and bought the books as well from Amazon. Thank you so very much for doing such a great job.
From this video I learned that my wife is a liability.
ahyaok100
Indeed she is
ahyaok100 You’re a liability to her sounds like.
Sheriar Desai
Fuck you !
Sheriar Desai
Nah I'm joking I'm sorry sir
Ahaha
"And I'm sure you can think of many other things in your day to day life that take money out of your pocket every single pay check and that is definitely something you can classify as a liability" - sounds like it fits the definition!
This is a great series of videos. I didn't have a clue about investing prior to watching it.
One thing I learned was that you need to know a lot about a stock. What I did was gradually build a database based on what each video explained. Then once I finished the course I started inputting stocks into the database along with their respective stats and such. That allowed me to find a variety of stocks that are undervalued, have good leadership, etc. From that list I narrowed it down to about 7 stocks that I found interesting, etc. Then I started reading everything I could on those stocks. Not just about them but also their competitors, etc. Things that might affect their future value. And I continue to keep up on anything dealing with them.
Not saying everyone should do this... it is just what helps me learn and become more confident in the stocks I invest in. I'm sure there are many different ways you can utilize the information in these videos. They are very helpful.
Hey, it's been years but do you have a screenshot/spreadsheet with this information? I'd love to see and learn too!
The book Intelligent Investor by Graham is entry level. The latest edition even has commentaries after every chapter which explains it and discusses its relevance for the present. I would absolutely recommend it. Technical terms can still be looked up on the internet.
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@@devereauxjnr That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.
@@MrGravity304 Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@@freedomisEexpensive-08 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@@MrGravity304 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services
Man, normally I dont usually write comments on videos but this time I must. Thank you so much for such a great work! You can't imagine how much I appreciate that. I spend more time in checking your videos than in my university books lol, I've been learning a lot. Cheers mate, God bless you.
I bought your book about 2-3 years ago, i have always wanted to learn how to invest. I guess i always had a fear about investing and didn't take the risk until a friend asked me to open an broker account online a few weeks ago. I'm happy that your book helped me understand the basics, I also enjoy your videos as well. Thank you for the opportunity.
The quality of education you can get by just YouTubing something is amazing. Great channel!
18 years ago, I came to Canada. One of the questions were how can I learn to invest into the stock market. After having invested a quite bit of time and money, finally got the answer, by far the best educational content about the subject.
Thank you Preston!
With my total lack of brains and experience in this field im destined to fail. But if i keep watching this series again and again i will familiarise myself with terminology and techniques. This is the 3rd time through the first 5 videos. I have learned alot. Thanks fella. From Australia.
1) Wealthy people accumulate assets and do everything in their power to minimize their liabilities! :)
2) Poor people have one asset of the job and they accumulate liabilities, and that's why they really never improve their way of life and their social standing
3) Value investing=Fish pin that is growing in value!
4) Warren Buffet has simple logic. Doesn't care about stock price but looks at what he thinks about what company is worth. Buying $40 value for $30. Value! Security!
YOU=AWESOME!
Thank you Preston! I watched all the "Stock Investing Like Warren Buffett" video and honestly they saved 100s' of thousands of dollars! This course is more valuable than any of the Investment courses at any University. Just thank you for all of the amazing content.
Even though the course is very outdated in today's market but it really helped me in my investing knowledge. I studied this course from the dawn of the Covid-19. You have to pay to enroll courses like this but Preston just upload his knowledge about investing and I am forever grateful.
I’ve been listening to your “We study Billionaires” podcast on Apple and just recently started looking at your RUclips channel. I’ve learned a lot more since then and your explanations have definitely helped me understand how to value and pick a stock. Thank you for providing this very clear, concise information.
It is interesting to hear that how one object can be both an asset and liability depending on use we make of it. A house is a liability when we buy it to live in, but when we buy it to rent it to others it can be an asset, as it can generate dollars for the owner.
By the way, everyone, if you rent out your house or do AirB&B, it becomes an asset. If you rent out your car and make more than it's sell value, it becomes an asset. In fact, if you drive your car mainly to secure clients who will generate $, it's an asset. As Preston said, an asset needs to continually put more money in your pocket for as long as you own it. It's just like debt; "good debt" is an asset, bad debt is a liability.
A vehicle can be an asset or a liability , depending on how you use it ,an 1970 hemi barracuda convertible for instance ,in 1970 you could have picked one up for 2700 ,now they sell for about 3.5 million ,
Wooow seriously thanks for sharing this and for free!
Yes! Thanks. -No need to respond...
Preston Pysh Great idea and way to move about with the flow and laws of money, yet I feel that we invest either knowing or without that we are investing into unethical companies that are causing turmoil. In other words we need to vote with securities rather than a ballot, an interesting man to Google is Walter Russell as I agree with him moral character is a firm of securities.
I will be forever grateful to you, you changed my entire 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 Mrs Katherine Flores.
wow.. amazing to see others who trade with Mrs Katherine Flores, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs Katherine Flores too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
this is not the first time i am hearing of Mrs Katherine Flores and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
With the consistent weekly profits I'm getting investing with Mrs Flores, there's no doubt she is the most reliable in the market. such a genius
Hey quick question or point: A house is and Asset surely? Just as companies sell factories or building as assets. You said in your reason that it is not because although the price may grow due to inflation it value will not. Surely value and price has a direct correlation and therefore an increase in price is and increase in value. I would say it is not a fixed type of asset because it depends on the perceived value in relations to the market demands/supply and what the person perceives the price to be. This is an open statement/ question so I would appreciate your input
Got it - Interesting tho thanks
Yeah like Preston says.. In terms of straight accounting, a house is an asset.. This is the main reason many people are not getting truly rich because they sit in their house and believe they are doing it right, because they do usually have some kind of grasp of the principal, that you want assets, but their definition is skewed because in reality as the video shows, it is almost exactly the same as a normal liability (a car for example), money goes out with no cash-flow, and yes, you do have equity in your house if it appreciates but equity in a house is a rather elusive type of "cash-flow", because of 3 things: 1. it is determined almost solely by external factors, eg. the macroeconomic situation, which you have no control over. 2. As fast as the equity came, as fast it can (and eventually will) fade away. 3. Equity can go away, but debt can´t. This means that if you borrow into your equity in your house because of an appreciation, and a depreciation comes along afterwards the equity will go away but the debt you now have will not. This situation in the 3´rd point is the main culprit that turns millions of homeowners into slaves of bad debt and actually means they are technically insolvent because they now have more bad debt than they have asset value. The worst kind of debt (also seen from a financial institutes point of view) is debt that doesn´t have any asset behind it. That is when people go from middle class to poor and it is happening every time a economic crash comes.
Yeah it’s a personal asset, he hit the nail with that one.
Yeah, a stock doesn't generate income until you sell it either (unless it pays dividends).
Im in the process if acquiring my own HVAC business which is a C Corp. I will be watching/listening to your contents as it’s a great educational tool. Thank you for sharing your knowledge!
This is basically explaining all the concepts in rich dad poor dad
This video in specific or the entire course? I've already read the book and I don't want to waste more time watching the other videos if I already know that stuff
I read Rich Dad Poor Dad, and from my perspective it was a waste of time and money. He spends a vast amount of time repeating himself and promoting his board game
@@mach9713 If you know basic concepts of investing, then this beginner course is a waste of time. But there's also intermediate and advanced course which dive deeply into security analysis and other crucial investing concepts. You can find them both playlists at their channel.
However rich dad poor dad took the concepts from Graham and turned it into his logic...
I read his book, its good for forming financial mentality, other than that he repeating the same thing and broadly probably paraphrased from other gurus. I’m pretty sure rich dad is not a real person but a concept to his narrative.
Hi Preston, this is a great video. Thank you for sharing.
I got a question. How does Warren Buffett buy and sell stocks from? Does he use an Online Broker?
I would argue a house is most definitely an asset, generally speaking but also depending on where it is. I know people who bought property in London in the mid-90s to early 2000s & the return has been incredible. The general trend of the property market is up, otherwise almost nobody would be buying property.
man! I loved watching your video because you explain detail by detail. you have won yourself a subscriber.
Most Professional and Highly Educated Lessons, I really like and Appreciated Hard Work. I also downloaded all Lessons. i am very beginners in this filed and now i am happy to find these Lessons. if any body understand completely these lessons then no need to watch another videos on RUclips about stock.
+(Mr. Preston Pysh), Thank you so much.
this is 9 years ago and still relevant,even helped me earn during the pandemic
Pure genius! I have a feeling I will be learning to value a company very soon.
Wow! Can't believe this was five years ago. Been a value investor for 2 years and wish I would have been one in 2008. Thanks for the education Preston.
I think you mean a car is not a financial asset. The wording might confuse some accountants like me. It is an asset and a liability from an accounting and economics point of view. It produces future economic benefits based on a past decision to obtain legal ownership.
Your videos explain everything so clearly. Thank you so much for creating them.
But my house is rising in value while I hold it, and when I go to sell it and buy a new one I'll be able to buy a much better one because it's value will have increased, surely that's an asset? It's not directly putting money in my pocket, but like you said while I hold it and then eventually trade it, it is worth a lot more than when I bought it... Can someone please explain what I'm missing?
Yes, thanks so much for the free course Pres! blessed! been watching for almost a year now until I finally bought some Berkshire Hathaway shares this year and made the pilgrimage journey to Omaha for the shareholders meeting. Truly appreciate your work
All the rules and calculations which you explained are they applicable for indian market as well or only for US market....are there any changes in calculation or numbers for indian market????
Once again youtube roves to me that smaller channels that talk frankly and without gloss are the best for learning complex crafts. They are straight to the point and dont follow trends but rather aim to understand how trends are made. Fantastic entry to the series and will probably make me a much wealthier man down the years! Thank you so much sir!
How does he get paid every month as you say? He is a share holder only right? Does he get dividend payments every month? Even if the value of the stock goes up he doesn't get paid until he sells it. Which he doesn't do. I heard him say I don't pay taxes because I don't get paid, because his company BERKSHIRE HATHAWAY INC. doesn't pay dividends so dividends from the stocks held by his company is used to reinvest, but how do you have an income if you reinvest everything of that income?
PonderDuke he has investments tons of them in companies that pay out dividends
I find the layout and structure of this site very very well done, but i do have one questiong before i start watching all these videos.
Are these videos mainly for long term investors (holding stocks for years) or swing traders as well (week to month holding)? I currently trade options and i find myself holding most of my trades for about a month, but i wouldn't call myself an INVESTOR, even though i trade the same stocks over and over.
There are so many sources (college, MSN, yahoo, TD, on and on) learning financial education. None of that source explains buying one share mean. If you want to know, this is the place.
I have been a entrepreneur since long time but never got into stocks and invest focusing until recently, and the way you explain and clarify some stuff is amazing. This is definitely a 1yr course at a college in my books. Thanks!
... I absolutely agree! It made so many things clear to me. I recommend to everybody interested in investing to read about Graham and Buffet resp. value investing... and to start with your videos :)
Hey Preston, could I ask if you are an investor yourself? And if so, when did you start? what are your profit/losses like in percent per year? Appreciate the videos!
i think a stock that goes down a lot..usually has problems in the business itself. the hard part is picking the stocks that can come back.
There are two types of problems. Financial and some bad event. For Example some people eat KFC and get ill. that´s a event that will drop a stock but it will come back in few months, years. then there are financial problem that are not fixable and you can see something bad is happening in the company. That´s what u don´t want.
Thought Id come back to these older episodes cause theyre so informative and important!!! Thanks ***** !
wanted to say thanks for all your contributions and the way you turn complicated subjects into easy ones-you have a gift. i had a question about your course 2 video about disney. was watching and you said it was selling in the market too high. but your intrinsic value was not that far off from market price. would you ever make exceptions? i just ask because from that point on disney went up. thanks so much.
I am on course 2 unit 3! You have done an amazing job! SALUTE!!
house is an asset in some condition., for an example if you had bought a good house in one of the major city in China 15 years ago the price of that house has now more than 10 folded. apartment building is also condition based, because its basically a business and it could fail. house or business are similar in this case, but imo, they are asset/liability depends, just not fixed.
In the long run that WRX hatch might actually become an asset assuming it was purchased lightly used and not new
This is the single best thing I've found for making sense of the confusing investing world. Thank you!!!!
-Derrick
I have to say that your courses you built up are amazing. Great thanks for your effort.
I just have 1 question: all knowledge showed on those course is from two book you mentioned above or those knowledge is from various sources.
Thank again for your time
Thanks for the great video. Just a small thought, an asset is one that appreciates in value or yields an income, Car for instance may or may not be an asset. For Budget/Avis/Enterprise even for Uber or Lyft drivers is an asset. Even exotic cars appreciate in value.
This is a good video but I just want to point out, the house, car and even the fish pen are all considered assets. Assets do not have to provide constant cash flows. Assets are anything that a company or person buys which has future economic value expressed in currency. For example, when a company buys supplies, they expect to use up these resources. however, they are still assets.
This is awesome! Thank you for making these videos. Would you say it is possible to use Value Trading techniques to trade up to an asset? For example, buy a stock, sell it at a higher value, use that money to buy another stock, sell again, and continue doing this until you feel you have a high end asset that you wouldn't have had the money to buy before?
I appreciate this video and will continue to follow this course but I would call these things assets because you can liquidate them and turn them into cash, you can't do that for a liability.
Hie Preston Pysh,
your this video is awesome i liked it,
but i have an doubt, as you said that 'AN HOUSE IS NOT AN ASSET BUT AN APPARTMENT BUILDING IS AN ASSET'
we can also give our house on rent and can stay in appartment building's room??
so this was my doubt,
and make such videos they are very heplful.
thanks.
Dear Preston Pysh,
thank you very much for this video course. I learned many extremely important and very valuable things.
All the best
a house is a liability which is depreciated and has expenses, it only creates value if you rent it to someone else, especially if it is new in order to get fast the premium (money you put on the investement - built it) and then the interest of the premium in the form of a rent. It depends in which country you live though, since there are countries in which you pay no taxes for owning a house.
Honestly, this is just nomenclature. You might spend a lot on your car but how on earth would you fare without it? I guess it's not really worth analyzing, everybody needs to consider for himself what constitutes an asset in his particular case.
I'm reading through the comments, and it's amazing how often you manage to give feedback; great work on these videos, eager to watch them all
thanks, grateful to be part of it
Hey Preston, I REALLY enjoyed your video! Am going to watch more right now! I always enjoy learning a new perspective like yours, it gives me an intuitive understanding of the material. Many thanks.
Hi Preston, Thanks for these vids, I'm just starting out and these are so helpful. I know I will have to view them a couple times over but at least I can understand the "Why" behind them. :)
How is a car a liability when it gets you to work, therefore allowing you to generate more income??? Like if you have five cars that would make sense that four of them would be liabilities. The house thing is also nonsense because you can use that house to generate revenue with a home office and even if you move ten years down the line, you're still at a net gain???
Bc a car decreases in value over time. Whatever you do with it, it's still a liability. If it's worth having that liability is up to you.
@@freerights6695 By that logic, even cash is a liability, because it will decrease in value over time, unless well invested, due to the time value of money.
A liability is somthing you are obligated to complete or pay off, so a car loan payable is a liability, but the car itself is 100% an asset and is recorded as such on every balance sheet ever.
@@williamt104 so a liability is just a debt? But if u have to make car payments, it's a liability, no? Also, you have to pay insurance and it can break down at any time, costing a lot of moneh. Doesn't that make it a liability?
@@freerights6695 So the car itself is an asset, but the accounts payable (the car payments) and insurance payable (insurer bills) would be liabilities. As for the car breaking down that would fall into depreciation as, knowing the asset (the car) has a useful life of let's say 10 years, the cost of the vehicle is expensed bit by bit every year until 10 years passes where you figure it will probably break down soon.
@@williamt104 I see. That makes sense. Thanks for the explanation, I'm new to econ :)
Buffett is my hero - and now I'm living on passive income. Thanks for this! 😉
House bought 20 years ago in Los Angeles worth 20x purchase price isn’t an asset?
What do you think about MJNA stock (Medical Marijuana stock)? These types of pink sheet stocks seem to have potential in creating alot of wealth after a case study evaluation. 1) value book to stock price ratio is below 1 2) its strong political influence both domestically (legalization in Alaska, Colorado, Oregon and Washington) and internationally in Brazil. 3) Popularity in society evidenced by news articles and documentary coverages on sites like money.cnn.com.
Additionally, from a psychological standpoint the corporations name " Medical Marijuana and MJNA loosens the guard of investors to mean safe and trustworthy. This leads investors to feel more comfortable to commit their money into this stock specifically over other alternatives..when studying the historical prices that piked 5 cent to 50 cent is this what Buffet style investing mean when looking for the cigar butt with the last puff?
Thank you for even addressing this..i know its a controversial issue.
Preston bro, I never do youtube comments but I just wanna take the time out to say I appreciate you.
I mean, a physical house is an asset. It doesn't need to generate revenue streams like an apartment complex to be considered an asset, but the likelihood of future economic benefits arising from a regular house through revaluations and capital gains is enough to satisfy the criteria of an asset in accordance with accounting standards. The motor vehicle is definitely an asset, the depreciation would be an expense and the chattel mortgage would be a liability. As would be shown on it's following trial balance. And there are many assets that decrease in value, such as listed share capital which if measured at market value can obviously decrease. Or measured at historical cost and then sold with it's proceeds on sale, less than it's historical cost base. But i can see what you're trying to say, in that a car isn't a very good asset because of it's tendency to decrease in value over time, with of course the exception of collectibles and vintage cars.
I studied Accounting for 5 years, and i'm a professional accountant.
No, the house itself is an asset which would appear on the balance sheet as a non-current asset. And the mortgage would appear as a liability. The bank would call the mortgage an asset, and the interest repayment as income or "interest received".
If you purchased a house. The journal entry would be, debit house and credit mortgage loan account. And then your journal entry balances.
If supposedly the house was a liability. What possible journal entry would you debit lol?????
Great video. A house you own but live in is an ASSET but not CAPITAL. The house you rent out is an ASSET and CAPITAL as it used to operate a business and generates income/Revenue?
Saved the whole Playlist.. thank you for sharing these
I am new to this so apologise me if my questions sound silly:
1. How he came to know about intrinsic value of share is $30, he was not even aware about number of outstanding shares in market, am I missing something?
2. Car is surely a liability but for people who are making money out of this by using it in Uber or some taxi business, for them it may be an asset, what are your thoughts on this?
Aman Rathi keep watching the videos my friend. He will teach you how to calculate IV.
Thank You For Pictorial Presentation Of Concepts in Simplest Form Possible.
This series is just awesome! It got me really into investing, I even went so far as to program my own stock analytics system using the Graham method and found many stocks that soon after went through the roof! Plus, I have to credit you for making me a RUclipsr ;-)
Tell me more about this
Do you recommand reading The intellegent investor and security analysis after those courses?
A car is not a liability. The loan on the car (if there is one) is a liability. An asset doesn't have to be something that directly puts money in your pocket and often isn't. A car is an asset because it allows you to go to work or in some other way enables you to do something that puts money in your pocket.
The books mentioned in the video, does the knowledge in both books applicable outside the US ?
The fact that he had it online, and many people were following him whatever item he traded, value was added not because of the item itself but because of people getting involve and this we see happen over and over again. Why sports cards of 30 years ago sell for so much or why certain companies are over valued. If he did not put it on the net, nor got followers , he still would have not ended up with the house but maybe a stick
Very helpful and informative video. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good investing book for teens.
Thank you so much for explaining, you are an absolute star!
Great content! I'm learning a lot from your videos. Thank you for sharing.
I'm sorry, i would love to understand really difference between these fundamental definitions. In the first section about value trading you said, mcDonald using a value trading - because his paper clip or fish pen didn't grow in value- in reality regardless he waited in 10 days period time or 1 year, the fish pen didn't become more valuable. How possibly to trade a fish pen for door knob if '' fish pen is not ASSET and it's just ITEM so value actually didn't grow. I can't see that as you say combination of Value Trading and Value investing in this example. Please can you help me to understand that more and answer on that question. Thank you.
Wow. First i thought, just read the comments. Someome mustve simplified the video. But after 10 minutes, this is hard skill thing. Very useful. Thankyou !
You’re telling me a car is not an asset? I disagree. It’s a depreciating asset. If someone gifts you a car, there is no liability. It is an asset that is going down in value over time.
bro if you know anyone who gifts people cars hook me up! Anyway what your saying doesn't just count for cars its any liability apart from bills because i dont think gifting someone a bill would be appreciated lol
I really appreciate what you are doing right here! Keep it up.
How can one determine the value of a share after studying the numbers of the company?
Thats the real question :(
And warren buffet doesnt pay $30 a share for $40 a share companies. Thanks for wasting time
Value Investing = Value Trading + Asset Accumulation! Neat explanation! 👍Thanks for paying my curioriousity with these golden nuggets of concepts! 💰
you are amazing @PReston Pysh!
thanks for providing this for everyone (for free, no less!) who wants to learn about value investing. i got referred to your site by value investors in my country via social media. wonderful! generous! what a noble way to educate people like me who want to know about investing.
Hey Preston!
Awesome series that you have compiled. I´m really looking forward to it. I´ve just started my journey as a investor, and I´ll benefit on having this lessons by my side. I´ll keep you updated.
Great video! I'm trying to understand how Buffett would "continue to get paid for owning this asset" before he buys the company outright. Even as a major shareholder, you'd only get paid once you sell your shares, so how would you get paid every month? (I'm going to try to answer my own question and guess that your "payment" is actually the asset rising in value while you hold onto the shares...) Looking forward to jumping into the rest of the videos!
The house can be both an asset or a liability depending on the situation......
Do assets need to give realized income though?
What age did you start investing/reading?
You are doing such a fantastic job.. God will bless you sir. You are really helping in the right way. I don't find videos like yours on RUclips. Its rare thing.. thanks a lot
msn money change the format, where can I find the 10 year sales, the 10 year eps, and the 10 year book value?
Even after filling the form, couldn't access the Checklist.
8:00 shows the example of value investing.
Thank youu
Hi, Preston -
I have a question about this video (great discussion, by the way!). In the latter section, you talk about Warren Buffet’s strategy in determining what a company is worth before he checks to see what the stock price is. In your example, he thought $40 and it was actually only selling at $30. Did he not investigate to see why it wasn’t selling for $40? That would have been my first question about the stock. Is it common to find stocks that sell for less than they are worth? Thanks!
Kristi Kelly like price is what you pay value is what you get, like buffet says
Kristi Kelly The price being $30 instead of $40 is due to pessimism, other investors are projecting profits to be lower in the future, for example if the oil price has been falling and you think it's going to continue to fall, you might think an oil producer's stock is less valuable.
The thing about speculators is they usually over-compensate, the falling prices gain momentum and the stock gets oversold, but if you've valued the stock correctly and it's underpriced, that's a good time to buy.
Stocks are never priced based on current events or a reasonable expectation of returns, they're priced based on stuff that may or may not happen 6 months from now.
It trades at a lower price because the market has mispriced the stock. You don't really have to know why it selling at whatever price as long as you estimate that it is selling at a discount.
First of all, you need money to value invest. And how to get that money is to work for someone. get an education work for few months and start value invest. Start a company while you work on your 7-5 job. 7-5 job are important because you will get alot of experiences. depends on which job you work for. Educationally jobs are valued for building up experience.
I learned whatever I know about stocks only from your videos. Thank you so much for doing this, really appreciate your work.
What if the value of a particular stock takes too long to reach the intrinsic value we don't get profit in real terms because of time
And what if the value goes down further