Berkshire's Charlie Munger calls stock market manipulation 'incredible, crazy situation'
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- Опубликовано: 16 окт 2024
- Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger preside over the Berkshire Hathaway annual meeting, nicknamed the “Woodstock for Capitalists.” The Omaha, Nebraska, event gives shareholders a chance to hear the legendary pair discuss investing, their economic outlook and life. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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These two guys are like soulmates. They are like each other's driving force. I bet if something happens to one them and passes, the other will follow soon after. I would love to have had that type of friendship and business partnership that lasted a lifetime. What brothers even when they are not related by blood. So amazing!
Oh you think? The odds say yes. Pretty unremarkeable assumption here.
Agreed
@@nathanlambert1502 Hard to get along even with family members.
This Crazy old Delusional Billionaire is Living in 1950s Amurderca, He is Probably So Rich because he reuses Toilet paper and Hasn't Spend A Dime of his Trillion dollar Uncle Sham Monopoly Money Since 1969, I think he's planning on taking all his Trillions with him in the Afterlife, I Fu*king Hate these people 😙Anti-Human Scum, People Are dying Everyday from not having a Fu*king dollar in their Pockets, While this 150 Year Old "Walking Corpse' Brags about how much money he has And How it's So Eazy to make Million, but Forgot to tell you about the 1%
We can only hope it happens sooner than later, 2 cozens that have done nothing but make money from money at other people's expense & have produced absolutely nothing of use!
Casinos are more respectable and regulated than our stock market and the SEC. Let that sink in.
@ALİ ARI Staying in the game will reward you, esp in crypto.
You should get out of the stock market and go play in the casinos if you believe this lol
#corruptgarygensler is on Citadel paid list for protection. A Fkn disgrace
@aquiles castillo The problem is that too many of you don’t understand the market because you do not invest time in learning, you seek “expert to do it for you”!
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With what I’ve learned over two decades in the stock market, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware
How so? I’m interested but with close to no knowledge of how to go about it.
@@RobertgriffinneI work with a fiduciary, Ms Nicole. Nicole Ann Sabin info is on his webpage you can look him up online, and connect with him
@@PhilipMurray251 sure advisors are outperforming the market and raising good returns but some are charging fees over fees....seeing that their services are in high demand more than ever....Seems more like extortion to me.
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@@PhilipMurray251 okay thanks for clearing that up, already went through her web-profile and it seemed pretty tight which is why I was worried her fees will cost a ton haha. thanks a bunch for sharing.
SEC must get rid of Dark pools for institutional banks which build up positions and dump them at same time with more shares to short to cause panic retail traders stealing money from regular people. Getting rid of Dark pools will reduce this choppy market in records.
Retail traders also have to hedge their positions to protect them from the downside.
@@hoodsuccess No, we don’t.
@@hoodsuccess If you fear the downside then don't open the position in the first place.
Exactly
But as retail traders we can still follow dark pools and make trades based on that info. It actually can work out quite well.
These guys are the only old people I can listen to without speeding up the video playback. Incredible longevity
I hope I have half their brains at 90, if I live that long.
@@Stephen-ob3ij Most people don't have half a brain at 30.
really? explain to me what warren said from 1:15 to the end of the video
@@dionanderyasian2421 1792.....Buttonwood tree........1867........3 lifetimes.....1789......Ben Franklin........Nebraska.
Speaks for itself
@@dionanderyasian2421 talks about nyse and its crazy growth in less than 3 generations? Do u need a tiktok watermark and music to understand?
I wish I was that bright in my 90's if I lived that long. I will miss them when they are gone.
For both of these guys, about 95% of their wealth came from the same Fed and government market manipulation that they now complain about.
@@rons5319 yep. They are like the rest. They wanna take advantage of regular people. These 2 have missed all major tech. Not to mention Warren can barley put a sentence together... ummmmmm....ummmmmmm..ahhh...ummmmm...ahhhh ummmmm
...yes
@@rons5319 Thank You.
This Crazy old Delusional Billionaire is Living in 1950s Amurderca, He is Probably So Rich because he reuses Toilet paper and Hasn't Spend A Dime of his Trillion dollar Uncle Sham Monopoly Money Since 1969, I think he's planning on taking all his Trillions with him in the Afterlife, I Fu*king Hate these people 😙Anti-Human Scum, People Are dying Everyday from not having a Fu*king dollar in their Pockets, While this 150 Year Old "Walking Corpse' Brags about how much money he has And How it's So Eazy to make Millions , He just Forgot to tell you about the 1%
I was there. It was absolutely spectacular being there and listening to these two.
Are all stock holders invited? Or limited?
Amazing !
@@tioswift3676 You need to be a stock holder of either type A or type B Berkshire shares. Then you request a proxy statement from your brokerage, fill out the credentials form and mail it to Berkshire. They would then mail you the meeting credentials back which allows you to participate in the meeting. There were 40k people there this year and I still saw plenty empty seats.
like listening to 2 old men trying to lecture the bright youth on how to operate and iphone, "look its amazing.....they call it a smart phone and you can share videos on it"....."how do you turn it on. These guys are past their use by date. Crypto is the new dawn of finance. Shares are for fools.
@@FesteringRatSub can you tell me what is the purpose of stocks? Hint: It is not wild trading and short term speculation. Bitcoin and stocks have basically nothing in common except that you can buy them for money.
0:17 Computers with algorithms trading against other computers
0:24 People who know nothing about stocks being advised by brokers who know even less
0:44 Casino activity mixed up with legitimate long-term investment
0:55 Stocks trade on a casino basis
That’s about summarised it all!
good job. thanks
*Very Interesting Content, i would also be glad if anyone here can explain a few things for me this is 2022- and I believe it's my time to invest and shine for a better future.*
The Stock market be transparent and it is not as people thinks it is. there are so many strategies to be learnt and unfolded about the market.
You said well, as a beginner to make good profit from the market is experience and a good amount of capital is required to make good profit with a reliable stock broker which can guide you with known track record that regards to stock market.
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power also going on in the market.
I've been in such situation before, more emphasis should be put into day trading as it is less affected by the unpredictable nature the market, I have made over 3 BTC from day trading with Nora Adams, insights and charts she has been one step ahead of other analysis.
WOW....amazing to see someone who trades with Mrs Nora Adams, i am currently on my 7th trade with her and my portfolio has grown tremendously.
it took over 200 years for the us to cross 1 T in debt....it took 40 more years to cross 30 T....sounds like the casino needs more debt
That's a scary figure
The old " one arm bandits" now have one on both sides. (should you be left handed, of course)
Wall Street machine needs more and more free money printed in order to always keep rising in price.
My guess is that banks will give away cash with negative interest rates eventually.....and 100 T in debt here we come.....
I'm assuming war & military funding accounted for most of that
Where can I watch the full meeting ?
It’s a casino because it’s rigged, like all good casinos...
Rigged, no. Manipulated, yes.
In normal casino, cheater got kicked out. This one ... no
@@QQ-hm4nu Rigged is the same as manipulation.
@@rons5319 No, you can manipulate something for more likely outcome but when something is rigged for a specific outcome, you get that outcome. As you can see by the poor hedge fund performances… they aren’t rigging.
@@QQ-hm4nu I don't agree. The Fed has been directly manipulating asset prices for decades. The general outcome they wanted is higher asset prices -- whether they are worth that or not. And they are not worth the current prices at all. That's why as soon as the Fed starts the slightest pull back from their money printing, stocks fall.
I mean you just explain how big funds made money 😂😂
Pot calling the kettle black.Hilarious 😂
Nahhh they control it with money and over leveraging lol.....
they get the insider information advantage.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
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?
God bless them they have the patience at this age to answer questions
They stick around and answer questions to keep the $$ pumped up at BH. "This is crazy".
Ok... now what? These guys are not going to do anything about it.
You mean the energy. Patience gets better with age and there's no such thing as a god deity. 😶
@@alphaomega1351 Ironic you say that and use that symbol. Most smart people believe in God.
honestly unbelievable
@@Stephen-ob3ij dsa
Yep. All true. It’s doesn’t work at all either. People will lose all their money at this rate. Good brokers, who fight for their clients, are as rare a hens teeth. I was in the business for decades, and from what I see these days, the level of professionalism and market knowledge is appalling. I can tell you that once upon a time, brokers would fight tooth and nail for their clients. They were also extremely market savvy; knowing stocks, bonds, funds, options, trust, commodities, and other instruments. But, no one wants to pay for anything, so I guess you get what you pay for. Now, it’s just basically a bunch of amateurs who unfortunately, think they know everything. They don’t. Good luck everyone. You will need it.
Pay what. 5% to invest in a mutual fund for doing absolutely nothing except selling you a mutual fund
I’m up 1800% and now holding cash. Why should i pay commission for someone to make me 7%
The ai traded smarter than 99.99% of the old heads faster and cheaper
I agree with you overall but money managers can be a total waste of time and money with how little it costs to index your money. I actually have a professional money manager (a CFA) here in Toronto Canada who’s been managing money successfully for over 30 years. He gave up stock picking for his clients in 2019 and built a glorified index fund for everyone as he claimed it would increase the overall return of all his clients and lessen the downside risk.
just buy commodities, amd pray that the underwriters of those ETFs stay liquid 🤷♂️
“We turned your economy into a casino, well anyways we’re a hundred years old so you guys have fun with that byeeeeeeee”
I think the biggest thing that needs to be cleaned up is all the hedge funds that go on and drives stocks prices to insane prices. Some of these investors think it's all these newbies buying options and do this and that when really it's not. Some of these newbies that come into the market don't even have a clue. Thier small donations to the market don't move prices the way these institutional hedge fund folks do. It's insane. Needs to be a broader outlook on the way the market is manipulated and not always looking down on the little guys. They make no difference whatsoever to the algorithms.
Agreed
Maybe before 2020 retail didn’t make a difference, things have changed and retail plays a sizeable role now. Its just that They’re uncoordinated and unskilled unlike their professional counterparts
I agree with you.. Kinda disagree with the casino analogy. The only difference between trading today and trading 30-50 years ago is access to the market. There's always been traders now anyone can be a trader
@@TheArt0053 how many are profitable traders? Easy access doesn’t mean you’ll succeed
@@stockswithkunle700 Not for long, retail has lost a lot of its money and buying power due to the manipulative practice of the markets. The rich have only become richer!!
May God allow this duo to live many years. Absolutely accurate and honest explanation he gave of the current market.
they have 3 years max
They invest in diabetes and cancer and they couldn't care less.
Do you think God supports selfish billionaires? Sounds like your God is satan actually. Have fun and good luck
Charlie is 98 and Warren is 91, it's time to DIE. Enough is enough! They have sucked up enough oxygen and need to be recycled back to Mother Earth.
@@valdomero738 Hoping your right.
The problem is people are choosing careers in finance who would normally have been doctors and dentists and nurses. I worry about major inflation in healthcare in the future, even worse than the 15% over the past decade
Inflation in healthcare cost has nothing to do with career choices. It has everything to do with lobbies and class action torts, which is also a result of lobbies.
You want to normalize the prices in healthcare? Make Congress and State Legislatures disclose how much lobbying money they are getting from the healthcare industry.
Inflation would be the best thing to happen to healthcare. The cure for high prices is high prices. The milkshare will bring the doctors back to the yard, i.e. valuable service will be rewarded in the end.
the problem is wall street makes money whether or not stocks go up or down. dark pools, shorting. options. big companies beating earnings, and companies still get shorted into the ground.
It’s survival of the fittest but within company entities instead of human.
The cycle of life continues. Do your math properly so you will always be safe.
Please upload the entire event
Wait a week
It would seem that by cutting the Fed Funds rate to Zero, stocks re-adjust to a new valuation. So, when you keep rates low for extended periods of time and engage in QE, you manipulate the markets higher??? Not sure what all this crap about button trees etc. has anything to do with Fed Policy? Buffet and Munger have made a lot of money off of Fed policy which is the greatest of all "market manipulations".
95% of their wealth is fake wealth that would evaporate if the Fed stepped out of the picture.
Rich find ways to ride through Federal policy, average and poor people make it a big deal, the simple fact when People got their stimulus money, over 90% of them spent all of it the first month they got it, funds was traced to company’s pocket, and the shareholder frankly get a payout and stock price growth from people spending that money, Berkshire Hathaway empire has grown because of their massive positions in everyday consumer stocks people benefit from, all powerful index funds are doing the same, SP500, Nasdaq, and Dow Jones, it’s just the price of the stock that’s appreciated during fed’s policy and QE, but nobody complains about those index
Amen John, I’m proud you have the intellect to catch on to theses wolves in sheeps clothing
They should be held accountable in court and face jail time for stealing the wealth of the younger generations. Shame on them
Be less dumb and lazy and you will make money in markets too. Don’t blame them for making money. They just have a system that works no matter what the policies are.
To think these 2 dinosaurs haven’t benefitted from information not available to common folk would be equivalent to sticking your head in your a55! In my opinion of course!
These old farts have made a fortune by conducting property and car insurance businesses...the best business and legal scam in the world whereby they collect premiums upfront and decide later whether to pay claims based on legal costs.
Having say so, to run a successful insurance businesses regardless of the industry, one would need to things to succeed: spend money on politicians so they will pass laws making insurance mandatory and increase premiums by 10% every six months to those with no claims and 50% to those with claims. I used to pay these old farts 10% increases of my vehicles policies every six months while having no accidents or records whatsoever but not anymore. That's really disgusting: to charge 20% premium increases yearly with no bad records, it is just legal thievery.
Anyone at the meeting? Let's meet up!!
One of the most successful investors commenting, and everyone in the comments just trashes him. We are in peak madness, further capitulations needed to wake people up.
I agree,
tell me that if this 2 boomer did not get bailout money from tax payers😅 capitulation? you talking about fake scam market. what was the gas price ang food price again?🤣
I suspect the value of his gains.
student in economics for 10+ years and still pounding the books.
I came up with the term after many research papers on the history of these two good gentlemen.
"Buffet effect"
at this point, and leading up to this time frame. Charlie and Warren could buy a TURD and everyone would jump on their bandwagon making the TURD spike in value.
Been saying last two years stock markets were Casino Royale, freaking defying the logic as p/e ratio was over 30 times, insane
Now 30 p/e is considered reasonable lol
GREED has destroyed everything including the once great USA standard of living.
Always has been a greedy place, it is capitalist after all
God bless Charlie and Warren, I appreciate them having the time and energy to share their wisdom. Thank You!
I started investing in 1982 , i learned about Berkshire several years later, During the 80's you could have purchased it for less than 5000 A share. In march of this year it reached 538,000 dollars. For a single share. I feel sick that i never bought it. As the great John Bogle said just buy an index fund or a fund with a good record like Berkshire, And hold on !
Mr. Buffet, what do you recommend to correct the problem?
The remind me of the old guys on The Muppets every time they laugh lol
Thanks for uploading
I Came here to learn how to invest after listening to a guy on radio talk about the important of investing and how he made $24,600 in 1 month and 2 weeks from $3,200 somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more
@Charles Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.
@Kimberly Lien Hello Do you trade on your own?
@Kimberly Lien That's impressive. Are you giving her your money or the money stays in your trading account? What's really the idea behind copying trades?
@Kimberly Lien Is her service available outside of the US? As her broker is registered in US.
We need to make "Don't cough on Charlie" shirts and pins.
Dang those are the most intense lenses i've ever seen. Looks like the dude from trailer park boys
The fact that people who just got into the game are telling you these two don’t know what they are talking about tells you all you need to know about the market currently.
Well, they are very old and old ppl dont like change. Specially those who the old ways made rich.
Yeah I know I keep hearing warren is too old to understand Bitcoin and what not but I have a feeling warren is right on this one and the market will soon crash and hurt many ameteur traders.
@@classicgameplay10 a lot of us young analysts and finance professionals believe the same as these two.
Crypto is extremely unsteady and it'll take years for this type of asset class to stabilize. With the constant hacks, pumps and dumps, meme statue, they can't be considefed legitimage currencies right now.
@@maddoxalrubai8061 i never said anything about crypto currency or bitcoin on my comment. My comment isnt particularly about crypto or anything in particular but about those two and their constant moralist rambling about everything that goes on today. They are two old dudes that got rich by investing other ppls money in banks and oil and ppl listen to them as if they are some pinacle of wisdom because they have a few billions.
I just love that every year investors all over the world stop to listen to these old wise men lol.
Wise lol
dinasour time is over
@Ben Benito outperform*
@Ben Benito look at the 30yr. Brk outperforms by roughly 1.6% more. That's a lot when compounded over 30 years.
We have people who know nothing about stocks, being advised by stock brokers who know even less :)
Coming out of the mouth of two Fiat Criminal Vultures.
Statler and Waldorf , the two grumpy old men from the Muppet show were created using Buffet and Munger as the inspiration.
This guy knows what he's talking about
Both of them
The billionaires want to be the gatekeepers to how individuals can invest.
Exactly because they want markets to follow their philosophy by banning speculation so they can be the ones to sell on the top on the stock they researched for decades. Instead markets ignore them and invest on hype and speculation until a market correction or crash.
They want a communist elitist model
Democratizing investing is still better and cheaper than their preferred model.
How do you get to this conclusion
I could cry...We have seen great British Businesses built over many generations destroyed by short term greed and avarice.....Morrisons Supermarket, Boots to name but a few. Bought, stripped of anything of value and deposited on the rubbish heap of time. I heard that Boots is to be sold once more...Someone must have found out that the employees pension fund might be accessible to raid.
I mean these same businesses you're referring to, gobbled up the ashes of their predecessors too.
We are in a changing of the guard that happens every 80-100 years around the same time as the reserve currency changes hands.
Your world is about to die and go away, just like those of us that existed within it.
Raiding the Pension fund? Sounds like the '70s all over again. Buy the company, sell off the profitable divisions, and use the employee's pension-fund for a personal piggy bank
So, they say the stock market is a casino and they advise to buy passive funds which are linked to the stock market indices?
I'd have more respect for munger and buffet if they ever took a stand against the rampant corruption in the financial sector which has been going on for decades. The. Com bubble or 08 crash were not anomalys, the savings and loans scam was another example where millions of people lost everything and no one within that group went to jail.
Like Buffett's father's political connections when he started his first fund?
they already have many times now you sound like someone who just doesnt know what the hell they are even talking about
Exactly!! Theft in plain daylight. They must own everyone to avoid prison.
Accomplished? A house of toothpicks.
Nice insider trading on the $1 billion Activision deal Charlie. We hardly noticed.
it's a game... as long as you are alive, play the stock market trying to make some money... and when you retire, have fun with it on the weekdays, LOL
This reminds me of the old Muppet’s specials I used to watch as a kid.
It's like watching the balcony in the Muppet show... (Statler & Waldorf)
Age
Charlie Munger - 98yrs
Warren Buffet - 91yrs
Incredible how both manage to remain so sharp and witty at this age..
Routine and reading are the key I believe
Insert Ian Dunlap Earn Your Leisure and Wallstreet Trapper trying to twist warren and Charlie words to get people to buy in
I find it insane how old these two are, and are pretty responsive
Ladies and gentlemen: The faces of peanut brittle.
We had "computers & algorithms trading against other computers" for 30+ years. Did Mr. Munger just wake up to the party? Buffett & Munger are all about ethics and integrity when it increases profitability of the companies in which they hold positions. But they're all about throwing ethics & integrity out the window when it doesn't (Moody's, Ali-Baba, Bank of America, Wells-Fargo). They give astute financial advice, but actions speak louder than words.
@Washington Irving Algorithmic aka computer vs computer trading was already happening in the mid 1980's. Renaissance's Medallion Fund is an example-it's not a decision support system, it's a black box that removes the human element, and Renaissance's wasn't the only one. It was/is the most successful.
These guys come from a time when people actually took care of your shares and made sure you got back every penny you deserve. Nowadays, computers and trillionaires make sure you lose your money by manipulating stocks and keeping them low so you'll leave. Yes, the game is still about patience but the old days of trading are long dead and gone.
So? Don't leave. Simple answer.
@@j.westbestoftherest9102 Spoken like a true, so called "money manager".
The Federal Reserve is the "markets." Dow is 6x real value ONLY because of their money printing.
Man he talking in past tense...
Its about to be so bad LMFAO
How about bond market manipulation. Who is Mnuchin bought by? When is enough enough.
The market volatility is insane recently! Wonder what the future rate hikes will do too tmorrow!
It’s like a good cop, bad cop routine
An ex-colleague convinced me into stock trading and investments as profitable alternative sources of income. Unfortunately, I have been down ever since. Next time, I will spend my money on myself first before considering whether I will invest or not.
What’s her charge? A colleague recommended an Pro from America but her charges are crude
Hello bots, how ya doin? Nice fake profile pics btw. Damn even the bots got better pics than me
Wow, someone who is actually honest. Every investment is a Ponzi Scheme built on a "belief system" that something has value. These 2, Chuck & War, cozens ripping Bitcoin, which actually solves a monetary system failure, are the Pinnacles of Hypocrisy!
Trading is not investing
@@TheLiquidPeace bitcoin is literally a Ponzi scheme lol
These two are the wholesome version of the two old guys from trading places ‘Randolph’ and his brother.
The one on the right would make a cute Furby.
Crazy times folks
Even geniuses, when they get old, they can't realize that things may and must change, and the market belong to the masses now. The age of institutional investors being the only ones knowing what's going on with the stock market is over, because in the information era, everybody has easy and free access to knowledge.
Couldn't be more true. Munger is an asshat. Didn't he literally cry when Melvin first got pinched? Lol buffet I actually respect he saw this happening decades ago
@@jackburrows9861 @Jack Burrows I'm not saying they arnt great investors. They wouldn't be there if they wernt. I'm saying crying about change in the market is total bs. The market by nature is always changing n has always changed. I am no great investor nor a genius. Just don't like a billionaire crying rhe Market is changing n we need to do something to protect it.
@@jackburrows9861 I criticized charlie for that yes and for literally crying on TV last yr over Melvin. Not "them" as I said I respect buffet as he said this would happen many yrs ago. To me the market always has been n always will be a "gamble" for lack of a better word. In every trade u have loser/winner. If ppl want to try to invest without learning first then that's a mistake. But it's their mistake to make. Their not using my money. I'm not promoting simply throwing cash in the market n expecting u will win. Study the Market learn how it works. Then study companies before u invest. To me that's a given. But idc what others do with their money n u def won't see me on TV in tears over it
What good is that information if investors have to participate in a rigged viper pit that has distorted or destroyed the traditional, reasoned investing metrics?
@@skeptick6513 In the long term those distortions don't matter at all. Just be patient and hold the stock of whatever company you think will produce valuable things.
i feel like i'd need to smoke like 4 jefferies to stay awake during this
Was like watching the 2 old guys on the muppets...
when your on the losing side, market manipulation exists
Who is on the winning side? Please enlighten me.
@@DZ-yk2ew the persons who offloaded stocks to them at higher price
When you lose you cry (wtf it’s so rigged) when you win you smile (how did they not see the rug pull) 🤣
Market is manipulated whether you’re winning or losing. But that’s the nature of the market and it’s doesn’t have to stop you from investing.
Maybe they are complaining cause they are losing since they waited so long for to go up
This huge Casino party will probably not end nicely
When credit is no longer flowing the party ends.
@@Rainy_Day12234 Free printed money is the only thing keeping the thing afloat.
It’s like Waldorf and Statler in the Muppets. Cheers
I am not disagreeing with them. Notice they are not proposing any solutions either. They are more than happy to continue cashing in on the system the way it is.
It's manipulation if you lose money, it's a good market if you win money.
Feeling the pressure like us all, warren buffett always speaks the truth And so be it.
Sounds to me like it was always flawed and now it's being exposed.
These two guys are incredible!
We need to pay attention to Waldorf and Statler
98 years old. More lucid than Biden 80.
Guess what the most likely outcome is when the stock market hits a new high? More highs! By waiting, you miss out on more gains
Last year taught everyone that investing in different streams of income should be a necessity because your proceeds could help you get through the rainy days, i actually don't know why is it that every time I buy a stock that's supposed to be a big hit it ends up dropping and just never moving again
@McArthur omg please what is your allocation strategy? Any good resources to help?
@McArthur I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
What beautiful, decent people. How rare. Much of the entire country has dipped deep down into the pig trough of sleeze.
Notice the classic candies in front of them. Like the peanut brittle. Says alot about the importance of putting money into items that are household goods like traditional food items that last a long time.
I wish Ken Griffin would join this discussion
Complains about the wall street casino. Proceeds to call Jerome Powell a hero and praise the FED.
It’s not speculators’ fault or people’s fault. It’s government’s fault, they bail all companies with tax money even though they haven’t stopped back buying their shares. I bet Charlie feels good at that time because that stock market goes up ⬆️
I get what you’re saying Charlie, but at a fundamental level, what you’re doing is gambling make no mistake.
Fundamentally, you are wrong. Investing is not gambling.
Nobody gambles their way to 700 Billion lol....Buying Sees candy was a business risk, not a gamble LOL
Investing is not gambling
Warren Buffett has always said you only need three stocks in your life to be a successful investor. It's just a matter of finding those stocks. And he's right. When I was in my early 20's if I had been better with my money I could have invested in Apple when they released the first iphone, Google when it's IPO dropped, and Amazon when they decided to expand beyond books. I would be a multi millionaire if I had just dropped 5k into each of those at the time.
Just a few years after that, Netflix, Twitter, Facebook, Tesla, any of these stocks would have made people millionaires. You just have to look at what direction the future is headed and find your three stocks. Buy and hold forever.
Thinking that way you can easily call eveything you do in life a gamble
Most people think... investing in crypto is all about buying coin and leaving it to rise,😂common it takes much analysis to be a successful crypto trader
Despite the economic downturn, I’m so happy 😊. I have been earning $60,000 returns from my 7,000 investment every 14days.
Wow I’m shock someone mentioned expert mrs Patricia I thought I’m the only one trading with her
@stephanie Mcmahon Bitcoin is the most profitable investment online if only you trade with a professional broker.
That’s amazing, I haven been hearing about mrs Patricia. And her genius mind in the crypto market, please how did you earn such good amount ?..
I think I’m blessed because if not I wouldn’t have met someone who is spectacular as expert Mrs Patricia I think she is the best broker I ever seen.
really not surprised that together they succeeded! People should take them as the prime example that a great team can beat anyone.
Statler and Waldorf comment on the stock market
Low-key throwing shade at Cathy Wood
🤢🤮After finished stealing, those disgusting thieves invite regulators to limit trading to their definition of “credited investors.”
Was Charlie talking about Jim Cramer!? 😂
I’m truly touched by their concern for my financial health.
Regardless of what is being said about the market right now, I am all for the volatility and embracing the opportunities to buy quality stocks as they dip into bear territory with such great discounts!
Aren’t these two owning Bank of America?
Ladies and Gentlemen! Give a warm welcome to everybody's two favorite muppets, Statler and Waldorf!!!
Charlie’s glasses are bullet proof
Haha. This is my first time listening to Charlie. He seems funny and intelligent.
The real problem is that houses are being bought by these major companies and used for loans to buy more shares, which drives up the shares and the housing cost at the same time, which will also come crashing down together, in fact it's a feed back loop, but I don't fully understand it, only that it's doomed.
Great stuff