How in the hell does a small investor evaluate the management of a company when I’m told to look for great managers how the hell would I know? Thank you.
As smart investors who understand the true value of the underlying business, we never let the current market price guide us into the quality and success of our investments... we allow the market to serve us.....we take advantage of the emotions and stupidity of others to add great companies on the cheap.
If the dollar collapses don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. best advice get outta debt. make regular investments be debt free and financially stable
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
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.
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.
It's okay if they don't agree with this type of investing, many of us do agree. I have 20 positions in high growth stocks. I'm getting 15 dividend pay checks, however I'm up 125 % this year. About $650k this yr, good dividend paying portfolio, although I use an F.A so buy as much as you can and wait for the rebound. Only the brave gets rewarded in these times!
it is very easy to buy in on trending stocks but the problem is knowing when to sell or hold which is why a consultant is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit.
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
A solid strategy can be a key component of an lnvestor’s portfoIio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
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.
There's a huge survivor bias in these type of claims. Sure, Buffet and some other legends held long term and it paid off but the market is full of stocks that peaked many times their current price and are now on the way out. Most of the investors who owned shares during the peak would have thought they were on a winner but held on too long and were wiped out. We don't hear about those guys.
The only stock I killed it on was Apple. I have no idea why I kept it but I did. I've made far more money day trading than I ever made buying and holding. When this market crashes, the party is over. It's not coming back. And using Buffet as your poster child shows how little these fools actually know about the current market. The old principles no longer apply.
Great video!. Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
Actually this is not the first time am hearing of Charlotte Thornley and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
can't thank Charlotte enough, I had no doubt she is popularly known, she has changed my whole life since I started investing in the cryptocurrency market with her... Her trading platform is the only reason why I have gotten this far in building my finances and my portfolio to this extent
Doesn't this counter Buffets point of how radically the top S&P 500 companies change over time and how hard it is to pick the winners over the long run? Not to say Monish is wrong, just easier said than done.
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my manager comes in, to help me with entry and exit points , I've accrued over $550k from an initially stagnant reserve of $150K all within 14months
Carol Pasol Lewis is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Thanks, her website popped up on the first page immediately I searched her, I read through her resume and seems pretty interesting, so I booked a call to discuss with her.
Recessions are an inherent aspect of the economic cycle, and the key is to get ready and adapt. I entered the workforce during a downturn in 2009. My initial job out of college was as an aerial acrobat on cruise ships. Presently, I hold the position of VP at a global corporation, own three rental properties, invest in stocks and businesses, operate my own company, and have grown my net worth by $500k in the past four years.
This is a very good video. Regarding resisting the temptation to not cut the flowers, the flowers sometime wilt (just look at the companies a decade ago that were in the fortune 20 vs. today) The challenge is knowing when to sell, so you do not ride the rollercoaster from the bottom to the top and back down again. Sometimes easier said then done. Amazon seems like a no brainer today. Back in 2000 - it was not so clear. As Warren Buffet has said in the past - it is probably easier to just invest in the S&P 500, and move on with your life.
Bought a good cross section of an economy, Built a diverse portfolio that i am attached to and keeps me motivated not following the crowd emotionally ,Sped up the process where possible:i use an FA, side hustle, reinvest, i do etf's, bonds, coins and stocks. After my first million I realized that when a stock starts booming chances of you finding out means you are quite late to the party, for this I make sure my CFA handles that, ever grateful to Helene Claire Johnson .it's like turning your notifications to earn more millions.
It's possible that this pricing will never be seen again. If you have a fantastic vision for it, there is always opportunity in the midst of chaos.I have my interests set on key blue chip and top etf sectors based on performance and projected growth, I've been able to grow my portfolio to 7 figures. My strategy with my F.A Susan Kay Mack handling my portfolio gives me the best returns even during recession.
This "circle the wagons" works over long periods. The vast majority of individuals can not outperform a global index fund portfolio by stock picking (also looking at long timeframes such as 10-30 years.) So why should I be the lucky one to judge which business will perform well over extended periods. While this video might explain a key to Warren Buffets success, it is not a useful guide to the average private investor. A wiser thing would probably be to just mix in some Berkshire stocks (
I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
In fact, I'm not sure whether I'm permitted to say this, but I'd suggest searching for “ Laurel Dell Sroufe” as she gained a lot of attention in 2020. She is both my coach and the manager of my portfolio.
She has an impressive career and impressive qualifications, so I can understand why she is so busy. I thus quickly copied Laurel's full name and entered it into my browser.
On a brighter note, every recession comes with an equal chance in the fin-mrkt if you're early informed and equipped, I've read folks amass up to 7 figures during these times, and even pull it off easily in a favorable economy. Truthfully, I’d need guide please for a boomer like me to attain such amount for retirement, we definitely need to benefit from this situation somehow.
Warren and charlie already confirmed in their shareholders meeting that their way of value investing is not going to work in the near future because of the different audiences that are trading or investing the market. Thats why in the last many years of brk returns are just mediocre as compared to other funds manager.
They don't say it won't work, they say the returns will not be as good in the future as they were in the past. It is very likely that future returns of other funds managers will not be as good as they have been in the past.
Itsalso becaus they are so big now that its way more difficult to beat the market buy a lot,because they are becoming tbe market!It wont move the needel if they invest 100 million in a company and 10X in 10 years!The fund is so big its getting way more difticult!
There’s still a very important question - if you never sell, how do you profit? Where do you get the money to live and to invest? You are wealthy only on paper …
To say that most of his decisions are “garbage” and his success comes down to hitting it big on 12, is really a stretch. Worse, it encourages the reckless risk taker behaviours that cause retail investors trouble. A big part of his success is minimizing downside risk and few big losing decisions. Think that’s important to note!
With all due respect, I think you have missed the point of this video. It's not about most decisions being "garbage" and it certainly isn't encouraging reckless, risky behavior. The point is that most of your investments, even carefully chosen ones, will be no better than OK. However, a few will be outstanding and will more than make up for all the so-so ones - but only if you don't sell them during down markets or take profits during up markets. Mohnish Pabrai gave several examples of portfolios that would have produced market-beating returns if every stock had gone to zero except for that one superstar. That's certainly not minimizing losing decisions. The point is that it doesn't really matter that most of your decisions are just average if you have one or two that are outstanding and you don't sell them too soon. There are thousands upon thousands of investors who bought Apple or Microsoft or Amazon or Google who would be millionaires today if they just hadn't sold. Unfortunately, I'm in that camp as I learned too late that taking a good profit can be a bad decision. Had I held, my cost basis in Apple would be just slightly under $1.66 per share (as well as Amazon under $3 and Netflix under $6). Unfortunately, I sold too soon. Obviously, none of us are Warren Buffett, but I firmly believe that adopting his favorite holding period of "forever" is the best investing strategy. I just wish I'd learned it sooner.
And maybe its not just that he invested a lot in the 12 best companys,maybe he also didnt invest in the 12 worste companys a lot!Maybe to just avoid the worst is the key!Or in a other way,he had a lot of average stocks and some extremly good running stocks but avoidet the most desasterous stocks!
Why do we trie to copy the srategy from Warren Buffet?99% of all people arent even close like Warren,and just dint have the talent the patiens and the kzck of Warren!So maybw its wrong to trie to copy it and use a strategy that gives you less profit but with a higer rate of sucess,without thinking about investing is consuming your life!You buy every stock from the S&P 500 equal weighted for maybe 40 % of your money and 40% a world ex US ETF and a Emergin market ex china ETF for 20%
Je fais d'énormes profits sur mon investissement depuis que j'ai commencé à trader avec Mme Kate Charles, ses stratégies de trading sont de premier ordre
wow .. incroyable de voir d'autres qui échangent avec Mme Kate Charles, j'en suis actuellement à mon 5ème échange avec elle et mon portefeuille a énormément augmenté.
J'investis aussi avec Kate, elle facture une commission de 20% sur les bénéfices réalisés après chaque séance de trading, ce qui est juste par rapport aux efforts qu'elle a déployés pour réaliser d'énormes bénéfices
Ce n'est pas la première fois que j'entends parler de Mme Kate Charles et de ses exploits dans le monde du trading mais je ne sais pas comment la joindre
Thx for the video, I really like your channel. In terms of the topic I would say that rather keeping separate stocks, its more safe and comfortable to own an index. to my mind most of the arguments in the video are kind of "survival bias". Take a look at Top10 companies 10 or 20 years ago compared to today. How many of them are still in Top10? Do you have confidence in picking them?
But those compound-ers are part of the same market. So based on this theory, wouldn't buying the S&P have led to similar returns as Berkshire? Logically, the S&P also "kept" those stocks too, so the returns of those companies which benefited Berkshire and made up for the hundreds of mediocre decisions, would have led to similar returns for other investors of the S&P.
Exactly. the S&P 500 just a bigger version of Berkshire by that way of thinking ? You’re right the top compounders will still be part of the S&P 500 by that theory the whole way through. Yet BRK performed at double the S&P level?
Yes, but some were bought before they reached the index. People talk about how much influence TSLA has on the index, but it's the people that bought it years *before* it was eligible to join the SP500 and *kept* it that made the serious gains. The whole theme of the video is that those home runs will cover a lot of losses. I speak from experience. In 2020 during the dip I dumped $10k each into various equities I thought were promising: NVDA, AMD, PYPL, Q, SLP. I got out in late 2021, well ahead on all of them. Felt kind of smug when they dipped and some haven't recovered. But if I'd kept them all, the losses on Paypal and Square would be more than offset by the gains on the others.
@@epbrown01 E, I see where you’re coming from. It would be interesting to see the maths on that? But you have to admit choosing those massive gainers at the very very early stages. Is very very difficult. Even if you have some deep insight and or education or participation in that particular industry? A healthy wad of luck helps to?
@@rogerthornhill1491 I agree. Choosing those winners before they took off or before they even joined the S&P is basically at the stage of venture capitalism, which any VC will tell us is not an easy job! They need tons of capital, balls of steel and then they'll hit a unicorn or compounder once in a while, which will make up for the losses on the failed ones.
my strategy is to buy companies that i like, and dont sell for at least 3-5 years. i dont buy the new trend, i dont buy the hype, i buy companies i buy from. and for the last 6 years ive averaged 20% annual returns
@@NewMoneyRUclips I actually met you 2 years ago at the Berkshire meeting. I also watched one of your videos 4 years ago telling me to read Rule 1 by Phil Towns. I read the book, tooks his 3 day workshop and then took his 2 year course. You changed my life man. I now invest for a living. Thank you for that.
This is some of the best stock market investment advice ever. Unfortunately, people get antsy and don't have the patience to hold on. There's a human compulsion to want to tinker with things and not let them be.
Question: how do you know which company is a safe bet? Isn’t it best to have a large amount now in a high interest savings account? That’s my safe haven.
Research investing in low fee index funds instead. Savings accounts are great for emergency funds (~6 months of living) or saving for something, but the interest is always lower than inflation. Index funds are slightly ahead. Since with them you invest in many companies, the risk is lower than single stocks/companies. You can read John Collins blog, it's very helpful for a layman to understand.
Like said above, don't go for individual stocks when you can diversify and own a bit of the best companies in a sector with an index fund. There are great S&P tracking index funds out there with decades of 10% yearly average return. Taking inflation into account, that's a 6.7% return average. Better than any HYSA rate. Look for low expense rate, long history, high YTD return average at 5 to 10 year, high AUM, and buy low and keep for decades.
Putting well-earned money into the stock market can be over emphasize for first time investors,unlike a bank where interest is sure thing! Well, basically time are uncertain, the market is out of control,and banks are gradually failing. I'm working on a ballpark estimate of $5m for retirement, and I've a good 6 figure loaded up for this, could there be any opportunity a boomer like me?
There are a lot of strategies to make tongue wetting profits especially in a down market but such sophisticated trades can only be carried out by proper market experts.
0:06: 💼 Investors can take advantage of the recession environment by finding a few key businesses that provide the best defense and continue to compound over time. 3:00: ✨ The success of Berkshire Hathaway can be attributed to 12 key decisions and investments made over a 58-year period. 6:04: 📈 In a recession environment, focus on identifying long-term compounding businesses at reasonable prices and hold them for the long haul. 9:07: ✨ The importance of holding on to solid investments and allowing them to compound over time. 12:09: 💼 The case of Benjamin Graham and the Nifty 50 highlights the advantage of holding a few great businesses in a portfolio. 15:08: 💡 In the investing environment, it is important to avoid being overactive and focus on undervalued long-term Compounders. Recap by Tammy AI
Great video, but this is my question. If we don't sell and just keep holding, the value increases of course but how exactly do we profit? Especially in cases where the dividend yield is really low?
It doesn't mean you literally never sell. But if you are buying stocks, your investment horizon is typically 10, 20, 30 years. In that amount of time, if your portfolio grows 100x and is throwing off 2-3% in dividends, you can live quite happily on that. If your companies don't throw off dividends, sell maybe a few percentage points a year, or if fixed income yields are high, maybe take out some percent to live on. The idea of stocks is to grow long-term capital and savings over a long period and then do something with that money later. Let it compound for years first.
The advise "never sell" from big investors works for them. Because they borrow money against their shares from the bank and pay 2% interest rather than paying capital gains tax. They live in a different world from us. A bank isn't going to lend us money against our shares lol. So it doesn't mean literally never sell! But don't sell for 10, 20, 30 years etc.
Sell only if you need the money for buying a house, a major medical emergency or funding your retirement. If you have 30 years before you plan to retire, your expected holding period should be at least 30 years. You don't try to profit from your investments to fund your lifestyle. You craft your lifestyle so that you can fund your investments.
Agree 100%. The biggest mistake is to cut or even trim the flowers 🌻. I picked stock with very good entree price. Not necessarily amazing companies but well establish ones. Like CVX at $89 and MRO at $13 and others but I sold them too soon. So Keep the ones that are the best 🌻🌻🌻🌻🌻 and keep buying them and the good ones don’t cut them too fast .
I'm not sure of this strategy. You have to really do your research and hope that outside influences don't negative affect your stock. I prefer to sell the risky stocks and buy monthly and quarterly dividend stocks that will cover my expenses until the markets show signs of improvement. Why take a temporary loss when you can avoid most of it by selling and waiting for the price to drop and bounce? My philosophy is to take the profit when it hits the percentage gain you originally set and not get greedy unless there is overwhelming positive news that will propel the stock higher. Buy low, sell high is still the best advice when dealing with stocks. I remember the housing market crash in 2008. My mother lost 90% of her retirement portfolio because of a wait-and-see approach. It took me 3 years to get that portfolio back to where it was originally. If I subscribed to the buy-and-hold mentality, she would be on Medicaid and in a nursing home right now. This strategy is not for everyone. You need to have a lot more knowledge than the average investor out there today.
Hindsight is 20/20. If we had sold AOL or WorldCom before they tanked we would have made a lot. Sometimes not selling doesn't work out. It's sort of the same thing as becoming a famous musician. It could workout or it could not. I agree with some of this but pointing to these few awesome examples doesn't really prove it will work for the average person.
Just because you never sell your stocks in your overall portfolio and from that some stocks perform very well doesn't mean you have a good overall performance. I think if you do that you are betting on individual winners in the portfolio, but that doesn't make sense.
Right place at the right time for your investment philosophy is critical. People always underestimate the aspect of luck. Bengiman gram would not be that successful today as he was 90 years ago.
The problem with this approach today is that all these mega value stocks are extremely overvalued, so either slowdown or major correction is likely. You could invest now and risk to lose 10 years of successful business development, or you could wait and still lose time.
@@georgelin8498 The longer it's delayed the harder it to crash. Nikkei bubble was building up for decades, it crashed in 1989, and still didn't fully recover.
So the best way of circling the wagons is to have those five great businesses in your portfolio. That sounds like something you could easily accomplish by simply buying a low cost market cap weighted index fund.
As Red used to say in Shawshank Redemption, "Same old shit, different day." Need to give it to you man, It's interesting how are you able to churn out different videos with basically the same content 😅
Or buy world ETF, S&P and world aggregate bonds Continuous using dollar cost averaging daily. Risk is key. Why gamble with 5 or six established stocks? Why i do not buy single stocks 1. Additional fees from single stocks can mount up reducing your overall profit! 2. Stock and companies can bomb and go into liquidation ETFS can absorb! this single stock won't 3. ETF have built in redundancy and you hold normally 1000s of stocks with low risk and capitalise on the best of the best. 4. Single stocks are high risk 5. R&D researching the best stocks is time consuming. You also need to understand complex terminology. ETFs are easier to understand. less fuss (Daily buy and forget for 30 years)
Is this just the same as saying "hold everything you've bought - never sell anything"? If not, how do you identify the wagons when you don't have the benefit of hindsight?
Geat show! Big fan! Could you make one comparing valuation vs x times earnings and how that can be an indicator. Average per sector or country, green flags, red flags...?
Hey guys I'm in need of financial advice I'm sitting on like 10 grand right now and I'm thinking of a way to maybe double or triple it before August. Is there any stock I can invest in?
I'd hapily take S&P for less return and not having to waste my time in market research. Focus on my career instead, and invest again in S&P with all the money I make by excelling in my career.
Thanks for watching guys! Your support is always appreciated :)
Cheers, B
Thanks to you for Quality input.
Thanks for making so good contents always 👏
Stop using that overly trending word "LITTERALLY" incorrectly. It's tired already.
How in the hell does a small investor evaluate the management of a company when I’m told to look for great managers how the hell would I know? Thank you.
Enjoy your presentations. BUT. How do I evaluate a moat? And how am I to evaluate management? NO INSIDE INFORMATION. just buy; shut-up; and, hope.
As smart investors who understand the true value of the underlying business, we never let the current market price guide us into the quality and success of our investments... we allow the market to serve us.....we take advantage of the emotions and stupidity of others to add great companies on the cheap.
If the dollar collapses don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. best advice get outta debt. make regular investments be debt free and financially stable
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
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.
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.
Sharon Ann Meny, is respected in her field. I suggest delving deeper into her credentials, as she possesses experience and serves as a valuable asset.
It's okay if they don't agree with this type of investing, many of us do agree. I have 20 positions in high growth stocks. I'm getting 15 dividend pay checks, however I'm up 125 % this year. About $650k this yr, good dividend paying portfolio, although I use an F.A so buy as much as you can and wait for the rebound. Only the brave gets rewarded in these times!
wow!!! how are you able to achieve all that given that the market has being a mess most of the year?
it is very easy to buy in on trending stocks but the problem is knowing when to sell or hold which is why a consultant is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit.
I could really use some guidance, haven't been doing so great as of late, who is this person that guides you.
You can still make your research for someone else but Lisa Ann Moberly has been my FA a quick look up will suffice
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
A solid strategy can be a key component of an lnvestor’s portfoIio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
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.
There's a huge survivor bias in these type of claims. Sure, Buffet and some other legends held long term and it paid off but the market is full of stocks that peaked many times their current price and are now on the way out. Most of the investors who owned shares during the peak would have thought they were on a winner but held on too long and were wiped out. We don't hear about those guys.
Yes. Basically just buy many stocks and hope you get lucky with one of them.
The only stock I killed it on was Apple. I have no idea why I kept it but I did. I've made far more money day trading than I ever made buying and holding. When this market crashes, the party is over. It's not coming back. And using Buffet as your poster child shows how little these fools actually know about the current market. The old principles no longer apply.
Back when the technology to monitor your trades was nothing compared to now
The best stocks would always 'peak' and stay close to their all time highs.
@@shubhendudeepak8943 And you know nothing about the stock market.
Like Terry would say:
- Buy good companies
- don't overpay
- do nothing
Great video!. Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
Actually this is not the first time am hearing of Charlotte Thornley and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
gram!
Charlottethornley is the name to look for
can't thank Charlotte enough, I had no doubt she is popularly known, she has changed my whole life since I started investing in the cryptocurrency market with her... Her trading platform is the only reason why I have gotten this far in building my finances and my portfolio to this extent
Doesn't this counter Buffets point of how radically the top S&P 500 companies change over time and how hard it is to pick the winners over the long run? Not to say Monish is wrong, just easier said than done.
I was thinking this too. Look at GE
Everything is obvious … once you know the answer
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my manager comes in, to help me with entry and exit points , I've accrued over $550k from an initially stagnant reserve of $150K all within 14months
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Carol Pasol Lewis is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Thanks, her website popped up on the first page immediately I searched her, I read through her resume and seems pretty interesting, so I booked a call to discuss with her.
Hello bots talking with each other lol
Recessions are an inherent aspect of the economic cycle, and the key is to get ready and adapt. I entered the workforce during a downturn in 2009. My initial job out of college was as an aerial acrobat on cruise ships. Presently, I hold the position of VP at a global corporation, own three rental properties, invest in stocks and businesses, operate my own company, and have grown my net worth by $500k in the past four years.
This is a very good video. Regarding resisting the temptation to not cut the flowers, the flowers sometime wilt (just look at the companies a decade ago that were in the fortune 20 vs. today) The challenge is knowing when to sell, so you do not ride the rollercoaster from the bottom to the top and back down again. Sometimes easier said then done. Amazon seems like a no brainer today. Back in 2000 - it was not so clear. As Warren Buffet has said in the past - it is probably easier to just invest in the S&P 500, and move on with your life.
This is a good intelligent comment.
Preach
Bought a good cross section of an economy, Built a diverse portfolio that i am attached to and keeps me motivated not following the crowd emotionally ,Sped up the process where possible:i use an FA, side hustle, reinvest, i do etf's, bonds, coins and stocks. After my first million I realized that when a stock starts booming chances of you finding out means you are quite late to the party, for this I make sure my CFA handles that, ever grateful to Helene Claire Johnson .it's like turning your notifications to earn more millions.
i’ve just taken a deep dive into investing, particularly dividend growth investment as it interests me. hoping to get to the big dogs someday..
It's possible that this pricing will never be seen again. If you have a fantastic vision for it, there is always opportunity in the midst of chaos.I have my interests set on key blue chip and top etf sectors based on performance and projected growth, I've been able to grow my portfolio to 7 figures. My strategy with my F.A Susan Kay Mack handling my portfolio gives me the best returns even during recession.
Amazing stuff, indeed. That's a lot of money you made, for sure.
I did read about Susan Kay Mack on the web., quite a great resume she has
Truly Stocks, ETFs and Mutual funds are the best investment decision you can make both short term and long term for steady money flow. Kudos!!
Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
How many scammers gathered here?
This "circle the wagons" works over long periods. The vast majority of individuals can not outperform a global index fund portfolio by stock picking (also looking at long timeframes such as 10-30 years.) So why should I be the lucky one to judge which business will perform well over extended periods. While this video might explain a key to Warren Buffets success, it is not a useful guide to the average private investor. A wiser thing would probably be to just mix in some Berkshire stocks (
Lucky? You should realise most people are stupid. Outperforming isn't very hard when you consider this.
I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
In fact, I'm not sure whether I'm permitted to say this, but I'd suggest searching for “ Laurel Dell Sroufe” as she gained a lot of attention in 2020. She is both my coach and the manager of my portfolio.
She has an impressive career and impressive qualifications, so I can understand why she is so busy. I thus quickly copied Laurel's full name and entered it into my browser.
With hindsight it's easy. How do you know it's one of the wagons to keep. Amazon doesnt have high return on invested capital.
Of course. See my comment.
Good question Ponder.
On a brighter note, every recession comes with an equal chance in the fin-mrkt if you're early informed and equipped, I've read folks amass up to 7 figures during these times, and even pull it off easily in a favorable economy. Truthfully, I’d need guide please for a boomer like me to attain such amount for retirement, we definitely need to benefit from this situation somehow.
If you have cash, move your money to a high interest savings account that earns about 4.5% to 5%. Safe. Secure. Guaranteed.
Warren and charlie already confirmed in their shareholders meeting that their way of value investing is not going to work in the near future because of the different audiences that are trading or investing the market. Thats why in the last many years of brk returns are just mediocre as compared to other funds manager.
it is never as it seems
They don't say it won't work, they say the returns will not be as good in the future as they were in the past. It is very likely that future returns of other funds managers will not be as good as they have been in the past.
Itsalso becaus they are so big now that its way more difficult to beat the market buy a lot,because they are becoming tbe market!It wont move the needel if they invest 100 million in a company and 10X in 10 years!The fund is so big its getting way more difticult!
I think this might had been one of your best videos
The problem is you don't know which stock will be your big winner. So the conclusion again is still: diversify.
Buy and keep. Live long and prosper.
There’s still a very important question - if you never sell, how do you profit? Where do you get the money to live and to invest? You are wealthy only on paper …
The "Circling the Wagons" strategy could hold insights, but we also need to factor in our dynamic world and newer market dynamics.
Yes, never sell until you die (don't forget, you WILL die) then your heirs will sell and enjoy the money!!! It's a great plan (for them!)
To say that most of his decisions are “garbage” and his success comes down to hitting it big on 12, is really a stretch. Worse, it encourages the reckless risk taker behaviours that cause retail investors trouble. A big part of his success is minimizing downside risk and few big losing decisions. Think that’s important to note!
If that's your takeaway from this video you have incredibly poor language comprehension skills 😂
With all due respect, I think you have missed the point of this video. It's not about most decisions being "garbage" and it certainly isn't encouraging reckless, risky behavior. The point is that most of your investments, even carefully chosen ones, will be no better than OK. However, a few will be outstanding and will more than make up for all the so-so ones - but only if you don't sell them during down markets or take profits during up markets. Mohnish Pabrai gave several examples of portfolios that would have produced market-beating returns if every stock had gone to zero except for that one superstar. That's certainly not minimizing losing decisions. The point is that it doesn't really matter that most of your decisions are just average if you have one or two that are outstanding and you don't sell them too soon. There are thousands upon thousands of investors who bought Apple or Microsoft or Amazon or Google who would be millionaires today if they just hadn't sold. Unfortunately, I'm in that camp as I learned too late that taking a good profit can be a bad decision. Had I held, my cost basis in Apple would be just slightly under $1.66 per share (as well as Amazon under $3 and Netflix under $6). Unfortunately, I sold too soon. Obviously, none of us are Warren Buffett, but I firmly believe that adopting his favorite holding period of "forever" is the best investing strategy. I just wish I'd learned it sooner.
@@christopherstewart9874How could i have average bets I am above average.
And maybe its not just that he invested a lot in the 12 best companys,maybe he also didnt invest in the 12 worste companys a lot!Maybe to just avoid the worst is the key!Or in a other way,he had a lot of average stocks and some extremly good running stocks but avoidet the most desasterous stocks!
Why do we trie to copy the srategy from Warren Buffet?99% of all people arent even close like Warren,and just dint have the talent the patiens and the kzck of Warren!So maybw its wrong to trie to copy it and use a strategy that gives you less profit but with a higer rate of sucess,without thinking about investing is consuming your life!You buy every stock from the S&P 500 equal weighted for maybe 40 % of your money and 40% a world ex US ETF and a Emergin market ex china ETF for 20%
Je fais d'énormes profits sur mon investissement depuis que j'ai commencé à trader avec Mme Kate Charles, ses stratégies de trading sont de premier ordre
wow .. incroyable de voir d'autres qui échangent avec Mme Kate Charles, j'en suis actuellement à mon 5ème échange avec elle et mon portefeuille a énormément augmenté.
J'investis aussi avec Kate, elle facture une commission de 20% sur les bénéfices réalisés après chaque séance de trading, ce qui est juste par rapport aux efforts qu'elle a déployés pour réaliser d'énormes bénéfices
Ce n'est pas la première fois que j'entends parler de Mme Kate Charles et de ses exploits dans le monde du trading mais je ne sais pas comment la joindre
Sur Tele gam
@ investwithkate
Thx for the video, I really like your channel. In terms of the topic I would say that rather keeping separate stocks, its more safe and comfortable to own an index. to my mind most of the arguments in the video are kind of "survival bias". Take a look at Top10 companies 10 or 20 years ago compared to today. How many of them are still in Top10? Do you have confidence in picking them?
But those compound-ers are part of the same market.
So based on this theory, wouldn't buying the S&P have led to similar returns as Berkshire?
Logically, the S&P also "kept" those stocks too, so the returns of those companies which benefited Berkshire and made up for the hundreds of mediocre decisions, would have led to similar returns for other investors of the S&P.
Exactly. the S&P 500 just a bigger version of Berkshire by that way of thinking ? You’re right the top compounders will still be part of the S&P 500 by that theory the whole way through. Yet BRK performed at double the S&P level?
Yes, but some were bought before they reached the index. People talk about how much influence TSLA has on the index, but it's the people that bought it years *before* it was eligible to join the SP500 and *kept* it that made the serious gains. The whole theme of the video is that those home runs will cover a lot of losses.
I speak from experience. In 2020 during the dip I dumped $10k each into various equities I thought were promising: NVDA, AMD, PYPL, Q, SLP. I got out in late 2021, well ahead on all of them. Felt kind of smug when they dipped and some haven't recovered. But if I'd kept them all, the losses on Paypal and Square would be more than offset by the gains on the others.
@@epbrown01 E, I see where you’re coming from. It would be interesting to see the maths on that? But you have to admit choosing those massive gainers at the very very early stages. Is very very difficult. Even if you have some deep insight and or education or participation in that particular industry? A healthy wad of luck helps to?
@@rogerthornhill1491
I agree.
Choosing those winners before they took off or before they even joined the S&P is basically at the stage of venture capitalism, which any VC will tell us is not an easy job!
They need tons of capital, balls of steel and then they'll hit a unicorn or compounder once in a while, which will make up for the losses on the failed ones.
my strategy is to buy companies that i like, and dont sell for at least 3-5 years. i dont buy the new trend, i dont buy the hype, i buy companies i buy from. and for the last 6 years ive averaged 20% annual returns
I think this is one of most interesting video i have ever seen about investing
Dude your videos are amazing. The time and effort that goes into these must be massive. Very inspiring.
Thank you Bradley! Really appreciate the kind words!
@@NewMoneyRUclips I actually met you 2 years ago at the Berkshire meeting. I also watched one of your videos 4 years ago telling me to read Rule 1 by Phil Towns. I read the book, tooks his 3 day workshop and then took his 2 year course. You changed my life man. I now invest for a living. Thank you for that.
This is very good advice. Hold many equities, but don’t sell. Especially the winners.
This is some of the best stock market investment advice ever. Unfortunately, people get antsy and don't have the patience to hold on. There's a human compulsion to want to tinker with things and not let them be.
Agree!
And the thing is, if we all did this and weren't so panicky, we would all win. Human nature drives the dynamic more than anything, it seems
Bravo! This is very important message and you nailed it. Mohnish did it and you made excellent summary.
Cheers Michael!
Hold onto the stocks of great companies, yes, but keep your eye on them.
"Don't look for the needle, just buy the haystack!" Jack Bogle
That is the essence of investing, so easy and yet so hard.
80/20 Pareto law…this is true for about everything..life, your own personal accomplishments even ur day to day activity.
Here we are speaking about guys not worrying doing the groceries.....thats not everyones case....
Question: how do you know which company is a safe bet? Isn’t it best to have a large amount now in a high interest savings account? That’s my safe haven.
Research investing in low fee index funds instead. Savings accounts are great for emergency funds (~6 months of living) or saving for something, but the interest is always lower than inflation. Index funds are slightly ahead. Since with them you invest in many companies, the risk is lower than single stocks/companies. You can read John Collins blog, it's very helpful for a layman to understand.
Like said above, don't go for individual stocks when you can diversify and own a bit of the best companies in a sector with an index fund. There are great S&P tracking index funds out there with decades of 10% yearly average return. Taking inflation into account, that's a 6.7% return average. Better than any HYSA rate. Look for low expense rate, long history, high YTD return average at 5 to 10 year, high AUM, and buy low and keep for decades.
Average investor: “Circle the wagons!”
Elite investor: “Square the wagons!”
Putting well-earned money into the stock market can be over emphasize for first time investors,unlike a bank where interest is sure thing! Well, basically time are uncertain, the market is out of control,and banks are gradually failing. I'm working on a ballpark estimate of $5m for retirement, and I've a good 6 figure loaded up for this, could there be any opportunity a boomer like me?
There are a lot of strategies to make tongue wetting profits especially in a down market but such sophisticated trades can only be carried out by proper market experts.
0:06: 💼 Investors can take advantage of the recession environment by finding a few key businesses that provide the best defense and continue to compound over time.
3:00: ✨ The success of Berkshire Hathaway can be attributed to 12 key decisions and investments made over a 58-year period.
6:04: 📈 In a recession environment, focus on identifying long-term compounding businesses at reasonable prices and hold them for the long haul.
9:07: ✨ The importance of holding on to solid investments and allowing them to compound over time.
12:09: 💼 The case of Benjamin Graham and the Nifty 50 highlights the advantage of holding a few great businesses in a portfolio.
15:08: 💡 In the investing environment, it is important to avoid being overactive and focus on undervalued long-term Compounders.
Recap by Tammy AI
Thanks for saving my time! useful time stamps! love this tool Tammy AI
Great video, but this is my question. If we don't sell and just keep holding, the value increases of course but how exactly do we profit? Especially in cases where the dividend yield is really low?
It doesn't mean you literally never sell. But if you are buying stocks, your investment horizon is typically 10, 20, 30 years. In that amount of time, if your portfolio grows 100x and is throwing off 2-3% in dividends, you can live quite happily on that. If your companies don't throw off dividends, sell maybe a few percentage points a year, or if fixed income yields are high, maybe take out some percent to live on. The idea of stocks is to grow long-term capital and savings over a long period and then do something with that money later. Let it compound for years first.
The advise "never sell" from big investors works for them. Because they borrow money against their shares from the bank and pay 2% interest rather than paying capital gains tax. They live in a different world from us. A bank isn't going to lend us money against our shares lol.
So it doesn't mean literally never sell! But don't sell for 10, 20, 30 years etc.
Sell only if you need the money for buying a house, a major medical emergency or funding your retirement. If you have 30 years before you plan to retire, your expected holding period should be at least 30 years. You don't try to profit from your investments to fund your lifestyle. You craft your lifestyle so that you can fund your investments.
Good video that applies only to the next Warren buffet. How many Warren buffet are around... Buy the market.
So clean and clear and condensed! One of the best investing channels. Thank you for your work!
Great, a very clear explanation that everyone can understand. Thank you, I appreciate it.
One of the best videos ever… concise and informative
4RA ka interface bohot user-friendly hai, bets lagana aur jeetna dono easy hai 😃🔥
Buy brkb in good times and in bad times, especially in bad times. I bought heavily in 2020
If you have a lot of capital, it's easy to hedge. If your capital is limited, it's better to take some risk on speculative stocks.
Brilliant, educational video - thank you so much.
Agree 100%. The biggest mistake is to cut or even trim the flowers 🌻. I picked stock with very good entree price. Not necessarily amazing companies but well establish ones. Like CVX at $89 and MRO at $13 and others but I sold them too soon. So Keep the ones that are the best 🌻🌻🌻🌻🌻 and keep buying them and the good ones don’t cut them too fast .
Buying and holding 1 stock and one stock only, Tesla.
I'm not sure of this strategy. You have to really do your research and hope that outside influences don't negative affect your stock. I prefer to sell the risky stocks and buy monthly and quarterly dividend stocks that will cover my expenses until the markets show signs of improvement. Why take a temporary loss when you can avoid most of it by selling and waiting for the price to drop and bounce?
My philosophy is to take the profit when it hits the percentage gain you originally set and not get greedy unless there is overwhelming positive news that will propel the stock higher. Buy low, sell high is still the best advice when dealing with stocks.
I remember the housing market crash in 2008. My mother lost 90% of her retirement portfolio because of a wait-and-see approach. It took me 3 years to get that portfolio back to where it was originally. If I subscribed to the buy-and-hold mentality, she would be on Medicaid and in a nursing home right now. This strategy is not for everyone. You need to have a lot more knowledge than the average investor out there today.
Hindsight is 20/20. If we had sold AOL or WorldCom before they tanked we would have made a lot. Sometimes not selling doesn't work out. It's sort of the same thing as becoming a famous musician. It could workout or it could not. I agree with some of this but pointing to these few awesome examples doesn't really prove it will work for the average person.
In Summary: Extreme risk-calculated diversification. Got it!
$META is one of my wagon stocks, as well as googl and aapl if I can get in at the right price.
Just because you never sell your stocks in your overall portfolio and from that some stocks perform very well doesn't mean you have a good overall performance. I think if you do that you are betting on individual winners in the portfolio, but that doesn't make sense.
Right place at the right time for your investment philosophy is critical. People always underestimate the aspect of luck. Bengiman gram would not be that successful today as he was 90 years ago.
Good point!
For sure one of my favorite videos on your channel so far. Really, really good advice
Huge amount of hindsight bias in this video. Hand-picked a few examples from literally hundreds of thousands of investors.
The problem with this approach today is that all these mega value stocks are extremely overvalued, so either slowdown or major correction is likely. You could invest now and risk to lose 10 years of successful business development, or you could wait and still lose time.
How long has a crash been predicted?
@@georgelin8498 The longer it's delayed the harder it to crash. Nikkei bubble was building up for decades, it crashed in 1989, and still didn't fully recover.
True, but HFT can push the same stocks up very quickly.
Why you people always just talk about a crash or a bullmarket?10 years sideway market is hurting to,and it will hurt you even more if you already old!
@@brunoheggli2888 Sideway is the best, it's not hurting at all
Not all investors prefer for long term investment. Finding one’s own characteristic is a key.
Wow, it's so easy, I just have to predict the future and then just keep the winner forever.
One of the best financial channels out there.
They kept the haystack not only the needle in the haystack…
A great synthesis of a great speech.
So the best way of circling the wagons is to have those five great businesses in your portfolio. That sounds like something you could easily accomplish by simply buying a low cost market cap weighted index fund.
Monish Pabrai has a 10 year track record of over a 10% loss. Do you consider that a good investor?
Sounds easy but finding that "right" company that will be successful 30 or more years later is difficult.
Long time follower here! Great informative videos!! I do wonder though why you never talk about your own top holdings and investments? Thanks!
Should you just buy low and holder?
As Red used to say in Shawshank Redemption, "Same old shit, different day."
Need to give it to you man, It's interesting how are you able to churn out different videos with basically the same content 😅
Or buy world ETF, S&P and world aggregate bonds Continuous using dollar cost averaging daily.
Risk is key. Why gamble with 5 or six established stocks?
Why i do not buy single stocks
1. Additional fees from single stocks can mount up reducing your overall profit!
2. Stock and companies can bomb and go into liquidation ETFS can absorb! this single stock won't
3. ETF have built in redundancy and you hold normally 1000s of stocks with low risk and capitalise on the best of the best.
4. Single stocks are high risk
5. R&D researching the best stocks is time consuming. You also need to understand complex terminology. ETFs are easier to understand. less fuss (Daily buy and forget for 30 years)
Would you please explain "compounding " with some practical examples which we can hold on to. Thanks
Navios Maritime Holdings are making Deathstars now!
haha did you like the death star animation?
My DeathStar investment was going so good till those pesky rebels
Is this just the same as saying "hold everything you've bought - never sell anything"?
If not, how do you identify the wagons when you don't have the benefit of hindsight?
Extraordinary episode. Really impressive
Minute 15:43 -> buy companies with red logos 😉
This advice with examples is arriving at the right time... although I am late to the video.
Dude... we need more content... please make more....
I need it!!!
I have only one complaint with NM...
Post these high quality contents more often❤
Fantastic video as always, thanks!
I needed to hear this even though I watched monish’s video before, it doesn’t get stuck in my head unless I hear it from another voice
Geat show! Big fan! Could you make one comparing valuation vs x times earnings and how that can be an indicator. Average per sector or country, green flags, red flags...?
Thank you very good!
love the editing! Are you doing it yourself?
Only sell to buy something better. Or hold in cash until something better appears.
Hmmmm, i work in property development. I wonder if there is something equivalent to this counterintuitive.
Bro tried 13 different Titles and Thumbnails in an hour
5:24. They kept them all. That defines it.
Hey guys
I'm in need of financial advice
I'm sitting on like 10 grand right now and I'm thinking of a way to maybe double or triple it before August.
Is there any stock I can invest in?
Well you have to sell eventually. Because you can't pay mortgage or medical bills with stock options, you pay in dollars. So to get dollars you sell.
Great ☀️🍀😊
Thanks,
With that been said, why you don't swing, why don't sell Nifty fifty and buy again after say 40% down.
It's not human nature.
I'd hapily take S&P for less return and not having to waste my time in market research. Focus on my career instead, and invest again in S&P with all the money I make by excelling in my career.
For us plebs who don't have dinners with CEOs we can't judge the ability of the leadership of those companies.
I have some enron stock that I am never going to sell. Lets see how that does me
Charlie Munger-"Our favorite holding period is forever."