Economists and business leaders are voicing concerns at the start of 2023 that the year could be a difficult one. JPMorgan Chase & Co. Chief Executive Jamie Dimon said Tuesday that the Federal Reserve may need to raise interest rates to 6% to fight inflation, higher than the peak level between 5% and 5.5% in 2023 that most Fed officials penciled in after their December meeting. Although I read an article of people that grossed profits up to $500k during this crash, what are the best stocks to buy now or put on a watchlist
When making an investment, you must examine and take into account the dynamics of your trading asset if you want to succeed in the financial markets. If you don't understand the fundamentals, I advise trading with a professional because analysis based on research is essential.
Give me a break. The fed is strolling him out to convince people everything is ok. It’s not, Buffett is corrupt and Powell has raised rates for too long. Wake up butt kissers!
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
Most newbies either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
@Zahair O'Brian I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@Zahair O'Brian I was curious about Heather , so I searched her up online. I found her website, which boasts of her accomplishments and shows that she is a sharp FA.
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
Amazing to see another who trade with Fxbrusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
I agree. However, with all the "wokeness" trying to tear down American greatness. Has she been perfect? no. Did she make mistakes? yes. If we do not get control of these woke people and get them some mental health treatment, crime will continue to soar and we will lose our greatness.
Listen, the inflation rate for the last 10 years was around 1% so they had no option. If this were to fall in to deflation you risk entering a trap like Japan where people stop buying because prices keep falling. The real problem was cheap goods from China and Free trade which kept inflation too low. This was a Government policy by keeping free trade with China going for too long, so not a FED error. It's easier to deal with inflation then deflation which is why the target inflation rate is 2% and not -2% and also it's a tool to erase old wealth to make people have to go out and work. In the USA it's not that hard to work just a few years, save up cash, buy a cheap house in a cheap corner and just retire early. a very resourceful person can play the system so inflation helps prevent that a little by making people need more people as time moves on. It's the same in every country in the world so we are not unique here, only Japan is playing on another level but that is just one country out of 200+
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market with Mr Sam Deymon.
I've read alot of textimonies about people grabbing multi-figures weekly and monthly as income in investments, even in this crazy days in the market baffles me.
@@frankg8861 everyone should be prepared for that one; the jobs number is still too hot. Losing a job is easy; it’s not like losing a fortune. Don’t be afraid.
@@rdw1968 The problem is that some people may never get back inside. Age is a major issue many companies don't even want to hire people in their 40s let alone older. A lot of tech companies its 20s and 30s and 40s is old farts. I know people in 2008 that lucky for them saved up a lot of cash and had to live 5+ years without working but realized the risks and were set up for it but today with record house prices once again like 2008, it's ugly out there.
@@drscopeify that’s what I hear but it’s all about the individual. I switch jobs in a major way three times in the last 35 years and made progressively more $$$ every time.
The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
My advisor is ‘’CHRISTINE BLAKE MCKALE, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@bobbygunz9254 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.
J. Powell said,'inflation was transitory ' , he should have controlled inflation by slow increments, but then tell the US government to lower taxes and red tape on the products that was raising costs, ie fuel, energy and imports!
Lowering taxes while maintaining or increasing spending (which is what the last 3 presidents have done) only adds to the deficit and national debt. It is also bad for inflation as it involves borrowing more money, printing more dollars, and contributes to cheap money.
Powell and government in general didn't handle the situation correctly. Too much printed money... Inflation was only natural to occur.. They knew that and acted very slow on it....
I hope Buffet can stay healthy and alive forever. He is getting older but he is still THE authority in investment. Hope he doesn’t get too tired doing this gem of an interview.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson
Becky is brilliant with her short precise questions. Great, to hear Mr. Buffett ramble on about life with the experiences he has known. I still wonder if the Federal Reserve is dealing with the real issues of price inflation, except real estate where the current actions have made a difference.
I'm ready for this system to stop working and for Powell to have to get an actual job where is is productive. Printing money from thin air is killing all of us very slowly and very painfully.
Not surprising that Buffett would say that Powell is doing a terrific job. He is a financial vulture who only seems to outperform when there are carcasses to pick. Powell's massive misreading of the macroeconomic conditions is about to create a WHOLE LOT of carcasses in the developed world.
Mr. Buffet is a sage! At 92 it's still a delight to hear him even though I don't share al his views. According to him it seems the overall economy actors are like a spoiled child who just got too many candy for a full decade and he is about to get a few candies taken back. The problem with this view is that the real economy is made of many people and those on the lower end will suffer while the one at the top who are responsible for the problems will not even change any of their habits. Mistakes have been made yes but by people who will never get any consequences and many people will suffer and even die because of this. We complain yes when the economy is crashing because of the mistake of an elite who won't suffer at all because we are the one suffering. For sure however Mr. Buffet is wise, he is still a billionaire whitout a good view or empathy for 99% of the population who are not huberichs.
It's a hard call, the decade had many years of inflation in the 1% area which the FED got scared so tried to get inflation to rise up. This was due to China pushing out cheap goods and free trade deals all caused low inflation and asset prices rose too much. This was a 2 part failure, cheap good from China and free trade. We needed a better balance. Now we are starting to go the opposite way, China is closing the doors and we are starting to build tariffs on trade so inflation is waking up from a long sleep. Time will tell if this is long term or not.
@@drscopeify it’s definitely hurting everyone…. We use to not worry about costs and spending… had extra money for vacations. We barely get by now paying all the damn bills.
I'm in complete awe at how I went from living an average life to making over 63k per month. It's amazing. The financial markets are full with opportunities, but I've learned a lot over the past few years to doubt that. The key is knowing where to focus. Well appreciated, Mr SAM DEYMON
The crypto market is highly profitable with an expert broker just like Mr Sam Deymon. I got recommended to him and since then my financial life has been a success.
About the first thing Ive disagreed with WB about. Powell it trying to fix a situation that is essentially of his own making. Everyone but the Fed members knew that inflation wasn’t transitory yet they sat on their hands for months. Now, with inflation dropping they are screwing the economy by not letting the effects of the hikes flow through.
Of course he is your idol because without all this excessive liquidity by the Fed Berkershire should be half the price or less as opposed to now. And now dear Buffet is putting 2 billions os Tbills on a 5% so he ban make 100milions in 6 months. Why not give a dividend at BRK as opposed taking all the dividends from the companies he owns under BRK?
mr buffet, there is a distinct difference between Powell and volcker. If you overlap fed fund rate vs inflation, powell was clearly late to raise the rate by almost 2 years. That is partially responsible for the dramatic increase in the fed fund rate that eventually collapsed 2 regional banks, with potentially more on the way. Not to mention Fed now has more powerful tools to guide the fed fund rate, than Paul volcker’s Fed.
It's no surprise Buffett speaks highly of Powell. Buffett won't say anything really bad about a central banker especially the chairman unless they do something thats clearly wrong that can't be defended.
@@aliencitizen1670 Did you listen to the interview? If Buffett was a strong believer in Powell he wouldn’t of heaped such high praise, he would’ve just said little.
@@goldwingerppg5953 Yes he would have. Buffett knows his silence would have led to people assuming he doesn't think Powell is doing a good job. Buffett is going to congratulate Powell because it's in his best interest to do so and he doesn't want people doubting the chairman anymore than they already are. Buffett in private would probably say a lot different.
@@aliencitizen1670 I didn’t say silent and I get he’s very diplomatic, but he wouldn’t have used such high praise words and compared him to his most admired chairman. I suggest you rewatch the interview and see if you don’t come away with a different opinion.
@@goldwingerppg5953 Yes he would have because again Buffett feels its important to show as much support for Powell as possible. Buffett knows anything less than that won't get the point across.
Comparing Volcker and Powel is TOO MUCH. Volcker was dealing with systemic inflation caused by demographics and international politics. Powell created inflation on his own by accepting the democrats premise that Covid was so deadly it posed a systemic risk to the economy. Volcker should be commended, Powell should be fired.
At 2:50 "Fear is so easy to arouse in people.." and there we have it. Ultimately, the powers that be use the illusion of fear to control the masses. Humanity and common sense can prevail, if people stay conscious!
The problems with bank failures is poor risk management. SVB is an example of pigs getting slaughtered while bulls and bears could persist. The purpose of a bank includes ensuring deposits are safe. If a bank gets out of its lane, it needs to seek proper assistance. We can all rage about regulation, but every bank has a different asset composition and a different client services composition. A bank is not a bank. Every bank needs to have a risk/loss management capability and those teams need to be routinely audited.
My eyes started rolling when he said, "Jerome Powell has been terrific". The guy is universally regarded as a horrible chairman due to silly moves in the market.
@@NeutralUnderstanding I'm not sure what is meant by this comment with regards to my original comment. To clarify, I don't think powell is regarded "universally" as a "horrible chairman". I think a lot of that view is your own. Additionally, I think what Buffet was saying is we can pick powell apart if we wanted to, but that's pointless because no one else could do better, and at this point we're beating a dead horse talking about him.
I find it hilarious that people think if Buffett actually knows things about the stock market that would make money that he would actually share them with the public, because if they actually worked, they would no longer work after they were public knowledge, and Buffett knows that.
@@peterpalmer9757 why did Powell call inflation transitory a year ago when they should have been raising rates then? He's been completely off on the entire handling of there calls. Now he is saving face by overtightening. Classic moves by a dinosaur that will cripple the economy. Part of the job is properly reading the real time data and look forward, not look backwards while making monetary policy that is completely inept for real time data. Powell is a joke
Economists and business leaders are voicing concerns at the start of 2023 that the year could be a difficult one. JPMorgan Chase & Co. Chief Executive Jamie Dimon said Tuesday that the Federal Reserve may need to raise interest rates to 6% to fight inflation, higher than the peak level between 5% and 5.5% in 2023 that most Fed officials penciled in after their December meeting. Although I read an article of people that grossed profits up to $500k during this crash, what are the best stocks to buy now or put on a watchlist
it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research
When making an investment, you must examine and take into account the dynamics of your trading asset if you want to succeed in the financial markets. If you don't understand the fundamentals, I advise trading with a professional because analysis based on research is essential.
Buffet is a sea of knowledge. He is my teacher who I never met. I appreciate his presence.
he's amazing. a national treasure for the younger generation!
This man is an American Icon of true character and integrity! America is lucky to have him!
Tell that to the many Americans who lost their job after he took over their businesses and broke it up because he could make good money off of it.
Give me a break. The fed is strolling him out to convince people everything is ok. It’s not, Buffett is corrupt and Powell has raised rates for too long. Wake up butt kissers!
Man them companies he own are very predatory.
World is lucky to have him! I admire him from Argentina :)
Yeah thank god we have Dairy Queen, Coca Cola, Geico…this guy heavily invests in grade A GARBAGE
I could keep watching Warren talking for hours. He is so wisely 😀. I love this interview from CNBC. Nice job!
If he's so good and you trust him so much, then why aren't you a billionaire like him?
This guys is filled with hope and optimism.
Barf Bot
That is why he is (knock on wood) lives to this age as a healthy person. Kinds of inspires me.
He’s speaking his books
it works.....This behavior was also promoted by Jesus. A positive mind, will bring you a positive reality.
When you look at the data it’s difficult not to be an optimist in the long term.
"Who knows? Who knows?" wise words
This man is in his 90s ! Looking , talking great !
Money slows aging lol
@@VMSReno hahaha. that's funny. I love this guy !!!
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
Most newbies either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
@Zahair O'Brian I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@Zahair O'Brian I was curious about Heather , so I searched her up online. I found her website, which boasts of her accomplishments and shows that she is a sharp FA.
@@kimyoung8414 I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
She's on tel 'gram
© Fxbrusher "
Amazing to see another who trade with Fxbrusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
I agree with Mr. Buffet that America has the secret sauce, hopefully we can continue to protect and preserve it.
I agree. However, with all the "wokeness" trying to tear down American greatness. Has she been perfect? no. Did she make mistakes? yes. If we do not get control of these woke people and get them some mental health treatment, crime will continue to soar and we will lose our greatness.
92 yrs. of age, and got his expert take on the finance situation worldwide - a true legend... I'm loving it ;-)
Powell kept printing for far too long......
Yeah, right, Buffet lost his mind.
1 second is too long.
Listen, the inflation rate for the last 10 years was around 1% so they had no option. If this were to fall in to deflation you risk entering a trap like Japan where people stop buying because prices keep falling. The real problem was cheap goods from China and Free trade which kept inflation too low. This was a Government policy by keeping free trade with China going for too long, so not a FED error. It's easier to deal with inflation then deflation which is why the target inflation rate is 2% and not -2% and also it's a tool to erase old wealth to make people have to go out and work. In the USA it's not that hard to work just a few years, save up cash, buy a cheap house in a cheap corner and just retire early. a very resourceful person can play the system so inflation helps prevent that a little by making people need more people as time moves on. It's the same in every country in the world so we are not unique here, only Japan is playing on another level but that is just one country out of 200+
@@drscopeify Can't wait until the inflation rate is 0% with Bitcoin.
Love Warren, love Becky! Fantastic interview, plus beautiful view of the city (Tokyo?) at night...
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market with Mr Sam Deymon.
How are you able to make that much with Mr Sam Deymon....
I've read alot of textimonies about people grabbing multi-figures weekly and monthly as income in investments, even in this crazy days in the market baffles me.
thanks buffet doing this interview
This beautiful human being is a national treasure 💜
Such a wise man!
Go Powell! The 1% are crying everyday on this channel.
Its not the 1% who will be losing their job.
@@frankg8861 everyone should be prepared for that one; the jobs number is still too hot. Losing a job is easy; it’s not like losing a fortune. Don’t be afraid.
@@rdw1968 The problem is that some people may never get back inside. Age is a major issue many companies don't even want to hire people in their 40s let alone older. A lot of tech companies its 20s and 30s and 40s is old farts. I know people in 2008 that lucky for them saved up a lot of cash and had to live 5+ years without working but realized the risks and were set up for it but today with record house prices once again like 2008, it's ugly out there.
@@drscopeify that’s what I hear but it’s all about the individual. I switch jobs in a major way three times in the last 35 years and made progressively more $$$ every time.
The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
please how can i find the lady you mentioned'?
My advisor is ‘’CHRISTINE BLAKE MCKALE, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@bobbygunz9254 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.
With age comes wisdom, at least in his case.
With age comes dementia too.
@@malanalan1 Not everyone
or sometimes dementia (jk)
J. Powell said,'inflation was transitory ' , he should have controlled inflation by slow increments, but then tell the US government to lower taxes and red tape on the products that was raising costs, ie fuel, energy and imports!
Lowering taxes while maintaining or increasing spending (which is what the last 3 presidents have done) only adds to the deficit and national debt. It is also bad for inflation as it involves borrowing more money, printing more dollars, and contributes to cheap money.
Whenever he speaks people better listen and take notes. A few years from now, we may not have him forever.
after watching him in 2020 it got me were i am today
Powell and government in general didn't handle the situation correctly.
Too much printed money...
Inflation was only natural to occur..
They knew that and acted very slow on it....
I'm gonna miss this guy. Gonna miss both of 'em actually.
Really? dropping interest rates to zero, and for too long causing inflation to go nuts? I agree he has done the right thing raising rates.
I actually couldn't agree more. Get the inflation rate down to 2%. Short term corporate tax cuts don't help the middle class.
Mr. Buffet is very diplomatic. Admire him even more.
he must be very patient.
Warren the legend! Will there be another like him ?! 🤔🤔
He will never criticize any Fed chieftain, only by omission.
He can’t because it would be front page news and would move markets.
I hope Buffet can stay healthy and alive forever. He is getting older but he is still THE authority in investment. Hope he doesn’t get too tired doing this gem of an interview.
It’s good to see I’m not the only who’s been misspelling Warren Buffetts last name, until today.
If he's so good and you trust him so much, then why aren't you a billionaire like him?
@@trenton1190 What does that have to do with him admiring Warren Buffett?
As long as Becky is around he will give the interviews. He loves her.
@@trenton1190 cuz he doesn’t have access to the same leverage, didn’t start as early, etc etc. this is a STUPID comment
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson
“You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out.”
Andrew Jackson
Dear CNBC i have often seen that your transcript is often not synchronised
Becky is brilliant with her short precise questions. Great, to hear Mr. Buffett ramble on about life with the experiences he has known. I still wonder if the Federal Reserve is dealing with the real issues of price inflation, except real estate where the current actions have made a difference.
Fed chief Powell can be nominated for Nobel price in Economics.
I'm ready for this system to stop working and for Powell to have to get an actual job where is is productive. Printing money from thin air is killing all of us very slowly and very painfully.
That is the point, people don’t want to work and demand living wages. He compromises and allows them to live if they work. Wise up to the rat race.
Exactly, and people here praise him and Buffett for doing that.
What a mind! God bless Mr. Buffett!
If he's so good and you trust him so much, then why aren't you a billionaire like him?
@@trenton1190 because he hasnt been investing as long as Buffett has. It's not rocket science
@@LBtheGreat You honestly believe anyone that follows Buffetts advice will be a billionaire?
@@trenton1190 if the economy continues to grow and you invested as much and as long as buffet has, then yes.
Not surprising that Buffett would say that Powell is doing a terrific job. He is a financial vulture who only seems to outperform when there are carcasses to pick. Powell's massive misreading of the macroeconomic conditions is about to create a WHOLE LOT of carcasses in the developed world.
stop buying things on discount then
Nasty comment who never know WB
Mr. Buffet is a sage! At 92 it's still a delight to hear him even though I don't share al his views. According to him it seems the overall economy actors are like a spoiled child who just got too many candy for a full decade and he is about to get a few candies taken back. The problem with this view is that the real economy is made of many people and those on the lower end will suffer while the one at the top who are responsible for the problems will not even change any of their habits. Mistakes have been made yes but by people who will never get any consequences and many people will suffer and even die because of this. We complain yes when the economy is crashing because of the mistake of an elite who won't suffer at all because we are the one suffering. For sure however Mr. Buffet is wise, he is still a billionaire whitout a good view or empathy for 99% of the population who are not huberichs.
IM 92 IVE GOT OTHER THINGS TO WORRY ABOUT-----CLASSIC
great interview
Old rich guy thinks the old money printer guy is swell
I am shocked
The Fed caused all this heartache with a decade of zero interest rates.
It's a hard call, the decade had many years of inflation in the 1% area which the FED got scared so tried to get inflation to rise up. This was due to China pushing out cheap goods and free trade deals all caused low inflation and asset prices rose too much. This was a 2 part failure, cheap good from China and free trade. We needed a better balance. Now we are starting to go the opposite way, China is closing the doors and we are starting to build tariffs on trade so inflation is waking up from a long sleep. Time will tell if this is long term or not.
@@drscopeify it’s definitely hurting everyone…. We use to not worry about costs and spending… had extra money for vacations. We barely get by now paying all the damn bills.
Did J. Powell keep the interest rate too low for too long?
Buffet - "Who knows?" A nice way to say yes.
You caught it pretty good 👍. This ponzi scheme of printing money needs to be stopped
The system works pretty well ... for him!
I'm in complete awe at how I went from living an average life to making over 63k per month. It's amazing. The financial markets are full with opportunities, but I've learned a lot over the past few years to doubt that. The key is knowing where to focus. Well appreciated, Mr SAM DEYMON
It's by simply investing in the stöcks and Cryptó market with the help of my advisor Sam Deymon.
Sam Deymon has been of great help on my behalf and his tutelage has brought me to a read more.
The crypto market is highly profitable with an expert broker just like Mr Sam Deymon. I got recommended to him and since then my financial life has been a success.
Wow bots have gotten better. Jesus
Where's the FULL interview??
He is talking nonsense. He has like 130 billion "squirreled" away.
so much wisdom. his mind is still so clear at 92
Becky is Warren's favorite 😊, a wise choice
Does anybody have the full video?
as he said, he is 92, hes not worried about the future. Thats why he doesn't understand Bitcoin or ethereum and the impacts they will have on society.
About the first thing Ive disagreed with WB about. Powell it trying to fix a situation that is essentially of his own making. Everyone but the Fed members knew that inflation wasn’t transitory yet they sat on their hands for months. Now, with inflation dropping they are screwing the economy by not letting the effects of the hikes flow through.
Powell Doing A Great Job??
Tell that too the Working Class Poor that's has Too steal from Walmart..
Warren and Charlie my Hero's.
Warren has the hots for Becky. Nobody else at CNBC can interview him. Being he is 92 yo, the hots stays as just the hots.
The system is broken!
Of course he is your idol because without all this excessive liquidity by the Fed Berkershire should be half the price or less as opposed to now. And now dear Buffet is putting 2 billions os Tbills on a 5% so he ban make 100milions in 6 months. Why not give a dividend at BRK as opposed taking all the dividends from the companies he owns under BRK?
mr buffet, there is a distinct difference between Powell and volcker. If you overlap fed fund rate vs inflation, powell was clearly late to raise the rate by almost 2 years. That is partially responsible for the dramatic increase in the fed fund rate that eventually collapsed 2 regional banks, with potentially more on the way. Not to mention Fed now has more powerful tools to guide the fed fund rate, than Paul volcker’s Fed.
I’m amazed how many talking heads on CNBC criticize Powell, so it’s refreshing to hear Buffett speaking highly Powell.
It's no surprise Buffett speaks highly of Powell. Buffett won't say anything really bad about a central banker especially the chairman unless they do something thats clearly wrong that can't be defended.
@@aliencitizen1670 Did you listen to the interview? If Buffett was a strong believer in Powell he wouldn’t of heaped such high praise, he would’ve just said little.
@@goldwingerppg5953 Yes he would have. Buffett knows his silence would have led to people assuming he doesn't think Powell is doing a good job. Buffett is going to congratulate Powell because it's in his best interest to do so and he doesn't want people doubting the chairman anymore than they already are. Buffett in private would probably say a lot different.
@@aliencitizen1670 I didn’t say silent and I get he’s very diplomatic, but he wouldn’t have used such high praise words and compared him to his most admired chairman. I suggest you rewatch the interview and see if you don’t come away with a different opinion.
@@goldwingerppg5953 Yes he would have because again Buffett feels its important to show as much support for Powell as possible. Buffett knows anything less than that won't get the point across.
Lumber. The Trade Unions kept sending Volcker 2×4 s. His office looked like a lumber yard by the end of the downturn...
Enough to build a house.
Comparing Volcker and Powel is TOO MUCH. Volcker was dealing with systemic inflation caused by demographics and international politics. Powell created inflation on his own by accepting the democrats premise that Covid was so deadly it posed a systemic risk to the economy. Volcker should be commended, Powell should be fired.
Becky has to let Warren and Charlie hit w/all these interviews she scores w/them😭
At 2:50 "Fear is so easy to arouse in people.." and there we have it. Ultimately, the powers that be use the illusion of fear to control the masses. Humanity and common sense can prevail, if people stay conscious!
The problems with bank failures is poor risk management. SVB is an example of pigs getting slaughtered while bulls and bears could persist. The purpose of a bank includes ensuring deposits are safe. If a bank gets out of its lane, it needs to seek proper assistance. We can all rage about regulation, but every bank has a different asset composition and a different client services composition. A bank is not a bank. Every bank needs to have a risk/loss management capability and those teams need to be routinely audited.
Don't forget leg day Warren 🏋️♂️ be strong.
Yeah right, lol. These guys never take responsibility for the debt or loss of value of the dollar.
Ol' Warren is a great sage but you must listen patiently.
O Fed tem que aumentar os juros, para eu pegar alguns juros para mim 😊
Keep hiking rates . People well not wanting to work. And borrowing. Rate hikes only stops. People wanting homes.
Says the one who does not have to worry about inflation.
What a legend
I think buffet is here just protecting his a$$.
My eyes started rolling when he said, "Jerome Powell has been terrific". The guy is universally regarded as a horrible chairman due to silly moves in the market.
By "universally" you mean "in my view". Don't confuse them.
Ya hit the nail on the head.
Buffett likes to buy companies cheap. Obviously he loves it when Powell makes the market go down.
@@tylermilsop tell me you don't follow the market or analysts without telling me you don't follow the market or analysts...
@@NeutralUnderstanding I'm not sure what is meant by this comment with regards to my original comment. To clarify, I don't think powell is regarded "universally" as a "horrible chairman". I think a lot of that view is your own. Additionally, I think what Buffet was saying is we can pick powell apart if we wanted to, but that's pointless because no one else could do better, and at this point we're beating a dead horse talking about him.
Awesome
Is he even gonna live more than 5 years?? Someone should tell buffet he can't take it with him. Lol
Fed induced inflation basically has been helping the big oil companies to have their "one last shot"! Guess who have been buying oil companies?
Me
He is senile if he thinks Powell did a great job.
Terrific con artist. Just like Buffett.
buffet is the king !
Time to rest, my idol Warren. You need to enjoy your life
I still feel 2% inflation target was too hawkish ..............fed should hv been more accommodative.............
Get a job! Stop gambling.
@@malanalan1 most of us do. What’s your point?
@@malanalan1 what do you mean.....????
Sarcasm from the sage?
I find it hilarious that people think if Buffett actually knows things about the stock market that would make money that he would actually share them with the public, because if they actually worked, they would no longer work after they were public knowledge, and Buffett knows that.
Exactly. I wouldnt listen to anything Buffett says that isn't general advice. Anything else he says is most likely for himself and his people.
At least he admits he was born into and benefited from a golden age.
Rambling nonsense...
billionaire loves powell, wow, in other news, water is wet.
What? Terrific?! That's outrageous! Looks like Buffy is smoking some good stuff
Part of the job is raising rates he’s just doing what he needs to be done
dementia took hold of Buffet
@@malanalan1 he speaking better than anyone I know with dementia & I work in a hospital
@@peterpalmer9757 why did Powell call inflation transitory a year ago when they should have been raising rates then? He's been completely off on the entire handling of there calls. Now he is saving face by overtightening. Classic moves by a dinosaur that will cripple the economy. Part of the job is properly reading the real time data and look forward, not look backwards while making monetary policy that is completely inept for real time data. Powell is a joke
(translation) "he has filled my equity bags with liquidity" ... "eventhough the poor suffer with higher food, energy and housing prices".
FULL VIDEO LINK ANYONE, please?
Lies the GPD is not up 7% its inflation!
You have to be 100 like Warren not to be aroused by Becky.
You do not know he is not 😂
She’s kinda average looking isn’t she
Powell is horrific
Warren is getting up there. I love him but there comes a time...
@Gaye Lorde Nobody told me that
America had a reasonable chance of experiencing a hyperinflation
He said Jay Powell is doing a good job but he’s investing in Japanese stocks….
Stands apart from vs others
7:00
It's mans nature to be dissatisfied
Now a lot of people work on Saturdays and Sundays....just like back when you had too
Jay Powell is no Paul Volker, stop the BS