I think the short answer is to keep your current holdings and deleverage based on innovation that reduces oil dependency. If production is the same or higher and inflation is consistent, hold until that changes
In the last 2 years, Buffett has had positions in Chevron and Barrick Gold, and from his comments, he clearly knows a lot about oil production and drilling.
@@martinsl1979 Yes, that's correct. Berkshire bought into Barrick for a quarter (and sold it a quarter or so later). But that purchase is unlikely to be Warren's. It most likely was made by one of Warren's 2 investment lieutenants: Todd Combs & Ted Weschler
@@majda926exactly. And he most likely bought it for the dividends. This is why I don't take advice from people on the internet because they don't know what they're talking about and only repeat what they've read online. Investing in stocks is easy. The false hope/wishful thinking is what gets people. "to the moon." "bullish," "bearish," etc. Just buy a good company at a good price and see your returns multiply.
Oh and ppl who talk about big gambling winnings usually aren't bragging. Theyre re-living the most exhilarating moments of when they got the highest dose of gambler's "high", and they remember every last detail bc it was euphoric
When considering an asset for investment, it makes some sense to zoom out and look at a long-term price chart. If the asset just goes up and down, it may take significant skill to make money trading it, and not be sensible to buy and hold the asset. If the asset goes up over long periods of time, like stock indices tend to do, buying may be more sensible, and you can trade around a core position if you are skillful.
Well one hand it's just common sense like how he put it "Physical resources are finite" so it doesn't really matter the commodity is if you go long and you did so a few years ago you'd be a billionaire today.. Look at cocoa, cotton, oil, gold, silver etc they all have gone up. So if you bought low and early enough, then you couldn't go wrong if you tried.
People with an edge in commodities are people with a very very good understanding of economics and a lot of information about the markets, and can get in and out fast. People with an edge in stocks know that the company makes good products and has good management, and only needs to know maybe a little bit of economics. When you trade commodities, you ARE the company, you don't only own the company. It's a lot of work, but worthwhile if you really do have an edge.
@@trader-mattlmao it is the most liquid commodity but only physically if you own oil wells or setup a gas station not the other ways from stock market of commodities you will never ever benefit like that 😂!
@@D.ManuelIBoss I diversified among a few sectors, but mostly commodities. I'm most heavily in commodities, then healthcare, materials, real estate, staples/defensive, utilities, and energy. I believe the commodities and natural resources will be my strongest player, but I spread the risk. Definitely out of tech and the general market, almost entirely.
he says it's too hard to predict commodity prices. i dunno man, sure it's hard to predict whether a resource will go up or down but at least i can understand its usefulness and therefore its demand. compare that to, say, a tech company. what do i really understand about how this tech company makes its money? how can i really claim to understand its usefulness? to me commodities seem far less opaque than tech stocks
What Buffett never tells the public is that inflation is great for Berkshie Hathaway. Constantly churning profitable dollars day in and day out, decade after decade, with large inflation, is where the money is. He would never say it that way, but it has to be true. Munger once talked about inflation and mentioned an inflationary figure over the last 50 years or so, and said something to the effect of....has inflation been bad for investing/Berkshire Hathaway? I think not. Buffett loves money printing because he will outrun it by a few percent a year in the long run.
People always try to "man him up" or have some type of ego battle. How is it not clear that Buffet and Charlie like easy and reliable investments? It's not like they take themselves as seriously and as authorities.
That the reason after biodiesel. We see it is not working for mass economy. We work on wind generator and solar panel. And cut back oil consumption. But we still fail on weather and virus.
WHEN MAKING RETIREMENT PLANS, COMMODITY IS GOOD BUT HAVING PASSIVE INCOME IS MORE CRUCIAL. Big ups to everyone working effortlessly trying to earn a living while building wealth. I'm 40 oand my wife 34. We are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Warren gets away with his traditional view on investment thanks to the grandfatherly persona he's developed. Charlie on the other hand always seems like he's talking down to you, and comes off as an asshole.
It’s amazing that you can ask Warren Buffett just about any question and he has an extreme depth of knowledge about it.
The problem with oil it's too politicized. Anything or anyone or any country can screw with it.
That was some self-aggrandizing comment/question
She went to Berkshire shareholder meeting to ask a question about trading oil?! 🤦♂️
I'll do the same if I invested with 7 figures capital
I think the short answer is to keep your current holdings and deleverage based on innovation that reduces oil dependency. If production is the same or higher and inflation is consistent, hold until that changes
In the last 2 years, Buffett has had positions in Chevron and Barrick Gold, and from his comments, he clearly knows a lot about oil production and drilling.
The Barrick Gold position is unlikely to be his. But fair point on Chevron/Oxy, he does have a LT view on oil that it's going to go up over time
@@ralphkhattar8964 well. It was put out publically that BRK bought into Barrick Goldcorp.
@@martinsl1979 Yes, that's correct. Berkshire bought into Barrick for a quarter (and sold it a quarter or so later). But that purchase is unlikely to be Warren's. It most likely was made by one of Warren's 2 investment lieutenants: Todd Combs & Ted Weschler
Equity in oil companies is not commodity trading
@@majda926exactly. And he most likely bought it for the dividends. This is why I don't take advice from people on the internet because they don't know what they're talking about and only repeat what they've read online. Investing in stocks is easy. The false hope/wishful thinking is what gets people. "to the moon." "bullish," "bearish," etc. Just buy a good company at a good price and see your returns multiply.
Interesting content, videos like this and insight from an expert goes a long way.
Couldn't agree more, their insight helps, that's why I am now being coached by one, Edwin Earl.
@@finntomkins6825 hello Finn, can you link me to one? i have seen some of the benefits and i would also like some assistance.
INVESTWITHEARL
on telegram
I don't understand why someone would ask this question at a Berkshire meeting. It's like bragging about gambling winnings
Bragging to someone worth a million times more than you 😂....maybe she wanted sympathy
Oh and ppl who talk about big gambling winnings usually aren't bragging. Theyre re-living the most exhilarating moments of when they got the highest dose of gambler's "high", and they remember every last detail bc it was euphoric
nah what she means is she makes decent money with commodities so why hasn't berkshire invest on it like she does
Broke people be like
Could it be that an individual justifies gambling personal winnings because others are so much richer One should be richer too by any means.
When considering an asset for investment, it makes some sense to zoom out and look at a long-term price chart. If the asset just goes up and down, it may take significant skill to make money trading it, and not be sensible to buy and hold the asset. If the asset goes up over long periods of time, like stock indices tend to do, buying may be more sensible, and you can trade around a core position if you are skillful.
Well one hand it's just common sense like how he put it "Physical resources are finite" so it doesn't really matter the commodity is if you go long and you did so a few years ago you'd be a billionaire today.. Look at cocoa, cotton, oil, gold, silver etc they all have gone up. So if you bought low and early enough, then you couldn't go wrong if you tried.
People with an edge in commodities are people with a very very good understanding of economics and a lot of information about the markets, and can get in and out fast. People with an edge in stocks know that the company makes good products and has good management, and only needs to know maybe a little bit of economics. When you trade commodities, you ARE the company, you don't only own the company. It's a lot of work, but worthwhile if you really do have an edge.
Is NATURAL GAS AN 3 EXCELLENT BUY FIR THT $5
@@vishalkhanna1476why are you typing in all capital letters? 😂
Last quote xD
Buffett wasn't known for being a trader, he is an investor. I doubt she is making money in oil by buying and holding.
If you don't know the answer just say that like buffett did. Crude oil is the most liquidity commodity
@@trader-mattlmao it is the most liquid commodity but only physically if you own oil wells or setup a gas station not the other ways from stock market of commodities you will never ever benefit like that 😂!
Well he's got a point, but maybe in this particular time, commodities can be (just a thought) a good idea, what you guys think?
I've dumped my life's savings in commodities right now and out of the general market
@@morehn Are you sure that dumping your life savings in that (actually in anything) is a good idea?
@@D.ManuelIBoss I diversified among a few sectors, but mostly commodities.
I'm most heavily in commodities, then healthcare, materials, real estate, staples/defensive, utilities, and energy.
I believe the commodities and natural resources will be my strongest player, but I spread the risk.
Definitely out of tech and the general market, almost entirely.
@@morehn ur an idiot if u actually put all your life savings in commodities
@@morehn i just bought a larry williams booka cause I think its a good opportunity for trade commodities
A very smart man when it comes to finance. I need to listen to him more. 😎
you think?
There is a time for everything he took a position on Silver as well and they admitted to trading in the 90s .
Whats the date of this footage?
2011
"And your Dollar Aint Shit" - Oliver Anthony
There are more inefficiencies to take advantage of in the equities market versus commodities.
he says it's too hard to predict commodity prices. i dunno man, sure it's hard to predict whether a resource will go up or down but at least i can understand its usefulness and therefore its demand. compare that to, say, a tech company. what do i really understand about how this tech company makes its money? how can i really claim to understand its usefulness? to me commodities seem far less opaque than tech stocks
4:53
there was never was, never has been and never will be a shortage of oil. It's a natural earth process and will never stop.
4:48 inflation hellooo 2023
Is NATURAL GAS AN 3 EXCELLENT BUY FIR THT $5
So no frozen orange juice?
What Buffett never tells the public is that inflation is great for Berkshie Hathaway. Constantly churning profitable dollars day in and day out, decade after decade, with large inflation, is where the money is. He would never say it that way, but it has to be true. Munger once talked about inflation and mentioned an inflationary figure over the last 50 years or so, and said something to the effect of....has inflation been bad for investing/Berkshire Hathaway? I think not. Buffett loves money printing because he will outrun it by a few percent a year in the long run.
How does he out run it?
By charging more for products than the inflation rate moves?
@@MikeG33113He buys companies with strong pricing power so they can always raise prices ahead of inflation.
@@apollocreed1000 what a load of crap
So what was the conclusion?
If you want to make money in the oil commodities market, bribe Nigeria
The look on her face when oil went to zero 😂
Dollar is history.
i know a lot of people who make great money in oil but theyre just good traders who can make good money in any market
TWO SMARTEST GUYS IN THE 🌎 WORLD...👍
just roasted her with his first line
😂
When was this meeting?? That's the real question
2011
They saw A DIME A BARRELL, that's insane. What is this 2020? 😄
Hit negative during COVID💀😡
Warrren didn't have the gut to went to buy big on oil futures on that negative oil day
@@ricgunn1439
Ches moving like at tortuga up
He likes to own businesses simple as that
Man, Charlie is already on a Zoom call with God...
100 years old in January. 😊
Oil is here...aint going no where
People always try to "man him up" or have some type of ego battle. How is it not clear that Buffet and Charlie like easy and reliable investments? It's not like they take themselves as seriously and as authorities.
shit, he might live to 120 - he speaks eloquently and quickly
This gal's a gambler (and a bit self-congratulatory), not an investor.
That the reason after biodiesel. We see it is not working for mass economy. We work on wind generator and solar panel. And cut back oil consumption. But we still fail on weather and virus.
Now if you look for safety to boom. You know who to select to join do not you.
The 2 old guys from the Muppets?
3 yrs later, warren stands correct 🔮
JUST TRADE IN KIDS WITH EPSTEIN 🤷♂️
And now he’s investing heavy into oil. I hope the girl who asked the question held on to her oil and commodity positions.
Oil companies. Not oil itself
@@realtalk5931 oil futures
Went from oil to US dollar to companies to intellect
Aged like milk
Did it?
The short answer is he doesn't know about Crude oil
His home was not in Louisiana state.
We know
I cannot watch anymore of this. The BH shareholder wants to stroke their ego in public. Every question is 8 minutes
When it mess up his state business and his home. He will think differently
Draaaainage
WHEN MAKING RETIREMENT PLANS, COMMODITY IS GOOD BUT HAVING PASSIVE INCOME IS MORE CRUCIAL. Big ups to everyone working effortlessly trying to earn a living while building wealth. I'm 40 oand my wife 34. We are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Please do you have any tips for me that I can use to grow my money as well?
Jesus! What jobs did you have? 😂
Buffet is a Mason I’m sure. Never gonna give you the answers. Never gonna teach it at school. If he says don’t trade com. Trade them haha
It’s because Berkshire Hathaway only invests in stocks, yet it’s very successful and profitable. Commodity doesn’t have as much profit as stocks.
Warren gets away with his traditional view on investment thanks to the grandfatherly persona he's developed. Charlie on the other hand always seems like he's talking down to you, and comes off as an asshole.
Your mammy
Not to me
Charlie has earned it.
It's the "good cop" "bad cop" routine!
Any thing with his name stay away.
Even investing in s&p 500 long term?
Mr. Buffett needs to drink more water; irritating to hear him smacking while he speaks
2 SMARTEST GUYS IN THE WORLD. BEING NICE TO THE LADY TELLING HER HER INVESTMENTS IN OIL COMMODITIES NOT THAT GREAT...👍👍
This is dumb, buffet and Berkshire just bought a commodity company a few weeks ago 🤣
Humpty dumpty sat on a wall. Humpty dumpty had a great fall.