Warren Buffett & Charlie Munger compare Ben Graham to Phil Fisher

Warren Buffett and Charlie Munger compare Ben Graham's investing approach to that of Phil Fisher's. From the 1995 Berkshire Hathaway annual meeting.
Recommended reading;
Paths to Wealth Through Common Stocks by Phil Fisher: amzn.to/2XNZg4d
Common Stocks and Uncommon Profits by Phil Fisher: amzn.to/2XOCU2v
The Intelligent Investor by Ben Graham: amzn.to/2XP3Hvo
Ben Graham's Security Analysis: Sixth Edition, Foreword by Warren Buffett: amzn.to/2XNYtAh
(The above are affiliate links.)

[@veritasimmigration]

Your cuts are amazing! Well done, thank you very much!

[@user-ql3ws5uz1d]

Love the red suit version of Buffett

[@missionpupa]

"Charlie" - Some things never change.

[@matthewthomasart]

Charlie Munger always looks like he's very proud of himself.

[@AuditorInvestor]

He's said in a later AGM he wishes he figured things out sooner - but I'm sure you're not incorrect.

[@bighands69]

Munger served in WW2, graduated harvard law with magna cum laude, Worked as a lawyer, has had an amazing investment career.
And he seen the best of America before the current rot of marxism start to attack America.

[@pawelnowak9440]

@@bighands69 greatest generation, boomers born after ww2 destroyed everything

[@sober_junkie5709]

his head keeps oscillating like a cctv

[@popohammers9095]

They have accomplished something significant for their shareholders and themselves. That's something to be proud of! These guys are cool!

[@BibinBCherian]

I figure Buffett referring to large sums of money as >$100m - happy to use Ben Graham's teachings till then!

[@tymurmylosvietov4120]

It is very hard to use Graham‘s NNWC and NCAV approaches. Because the US market is very overvalued in general. Many people from other countries are buying US stocks + “investing” as a culture raised lately. But the idea of using so called “Value Investing” over so called “Growth Investing” is a smart one. How to do that in current US market? Very easy. Just buy smaller companies (maybe even unknown), but still check these companies’ health (rising earnings/net earnings, low or no debt etc.).

[@tymurmylosvietov4120]

And for sure do not forget about buying below “Intrinsic Value” and with good “Margin of Safety”, like Mr. Graham taught. :)

[@DriveiTech]

I always wondered how as Charlie got older, his glasses got thinner

[@ChaceBonanno]

LMAO

[@LOUI-e7h]

Thank you for the vids. Please keep it up

[@InvestingEducation]

Nice flashback

[@diseasefire]

i feel like graham also goes much more in details and is way more practical and logical than fisher. As much as Fisher is incredible in his ideas and reflections didn`t strike me as much as graham ones. I would also give credit to John Bogle for providing the simplest and most understandable way to get rich through investing.

[@ChaceBonanno]

Good point. But Bogle's method won't make anyone rich. Diversification is a hedge against ignorance.

[@diseasefire]

@@ChaceBonanno yes maybe i didn't use the right words. It would make you richer over time without asking much from you in terms of knowledge

[@bighands69]

@@ChaceBonanno
A person who saves their whole life and invests in index funds can turn an average person into a millionaire.

[@ritzkola2302]

Hey my question on the Securuty analysis book what’s the best edition of this book? 1st 2nd 6th which?

[@ritzkola2302]

@@ChaceBonanno hey

[@tomdallas3690]

Lots of people back then pronouncing it Berksheere.

[@cianmcgrath3051]

what were the three points he had mentioned previously?

[@jatinrai659]

Yes pls help anyone

[@blakehampton354]

Looking at stocks as businesses, margin of safety, and Mr market

[@AuditorInvestor]

Ben Graham is so much more applicable to smaller investors (most of us) than Warren Buffett.

[@gordongordon98]

That’s warrens Bompton suit

[@raymondhansen4482]

Saw this same comment on another video months ago. Hilarious

[@sameertaneja]

It’s too match the cherry coke