These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. 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 have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@martingiavarini Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
@@hermanramos7092 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Catherine Morrison Evans” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@@martingiavarini Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
Thanks for introducing me to Mrs sonia . My first investment with Mrs sonia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” - Warren Buffett
Success Resources Australia Are you saying if you hang around with billionaires you'll become a billionaire ? It's that easy, so all I have to do is find a billionaire.
People better than you also hang out with people better than them so they'll not hang out with you... Even the people they would like to hang out with also hang out with people better than them so they do not hang out with the people you would like to hang out with... And so on... Don't you see the infinite contradiction here? This is what we call "nonsense" ! It's the candy to give to those who aren't in the circle so they cultivate faith toward you for something they imagine possible, but that is unreachable in reality.
You either need to add a coordinating conjunction between the second to last clause and the last clause or use a period instead of a comma. Also, you could use a semicolon, but you already use one between the first clause and the second; it would be a little strange to see double semicolons in one sentence. While I'm on the topic, why use a semicolon after the first clause? Using parataxis could be beneficial here to improve the rhythm and overall energy of your, instead, lackluster post. The semicolon you use here adds an unnecessary relationship to two ideas that already naturally connect. An economic way of writing is very effective, but it needs to be executed perfectly. There is less to work with, in written discourse, so the mistakes become more blaring. These mistakes include punctuation, which I believe many overlook; you display this oversight in your comment. I recommend purchasing a journal and practicing your writing skills. It'll do wonders for your communicative skills; I'm very serious. Also, reading will help sculpt a foundation for you to rely on. Hemingway would be a perfect addition to your journal writings. Happy I could help! Good luck!
This video is from 1998. Takeaways - Make a list of the people you dis/like and what it is you dis/like about them - "If you tell me who your heroes are, I can tell how you're going to turn out" - WB - "I've turned down business deals, because they were people I didn't want to work with" - WB - "As an act of leadership I created a sense of urgency" - BG - If you find your kid looking up inappropriate websites, you should talk to them about it, not try to block it out - The internet allows for easier offshoring, so education determines salaries more than region.
Bill Gates...said just like I'd expect considering the feds found pizza in his house multiple times, each time a different worker taking the blame and not getting prison time. But yeah just talk to your kids about it, don't stop Gates from sending pics
Fascinating how very different these two men are. Interesting to see Bill's interest in science, and Warren's disinterest. Bill's obvious inability to be excited about dairy Queen, and Warren's ability to see allocating capital to where it will generate profit as highly motivating. Fascinating too how much of Mr Buffet's responding is via rules of thumb that have become intuitions for him: "The chains of habit are to light to be felt until they are too strong to be broken". How Mr Gates, by contrast accesses System II everytime. And expresses his thoughts explicitly as theory. The two men are also similar. Both can think - very very well. Both have rich and deep general knowledge. Both work, hard, and love to work hard. And both are humble, and see all human beings as of equal merit. Be interesting now to enlarge the sample. A fascinating study: We're lucky, now, to be able to learn without enrolling at Wash U. Thanks!
Timothy Bates That’s right. The best lessons in life are not learned at College or University; they are learned through noble observations and hopefully absorbing the good qualities of great people, such as those you have mentioned. Nobody at Uní will teach how to be curious or how to respect others equally.
Warren Bates's neighbour never use to understand what Warren even did to make money lol. Because hed just be on the phone everyday , he'd never leave his house to go anywhere for work. I think he just invested in businesses over the phone, got rich, bought them out and just does that lol. I think?
@Black Cash you belong to the species who believe earth is flat or evolution is wrong your leader trump used to be against vaccines, now is begging for early release of one people like you who spread anti-science conspiracies should be charged as criminals for causing deaths of hundreds due antivax and antimask rumours
@@lilid5016 Lol no one is a trillionaire 😂 and Arabs are only rich because of royal family wealth. The people in Forbes are self-made and individually ranked.
| CAME HERE TO LEARN HOW TO INVEST AFTER LISTENING TO A GUY ON RADIO TALK ABOUT THE IMPORTANCE OF INVESTING AND HOW HE MADE $460,000 IN 4 MONTHS FROM $160k, 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 attention to the shiniest position in the market to the cost of proper diversification.
I observe that Buffet opens with answering a question they should ask. The answer and by far the best advice, form great habits and be admired for those habits.
if someone has been living under a rock for the past 50 years or so and they came to see such big crowd sitting down just to listen to these 2 guys .... then to him, these 2 guys must be extra ordinary person.
People were so real and unpretentious back in those days. I wish we could re live that even for one day. Ironically the talk of improvements of technology has us missing a time when it did not dominate our lives.
@@user-td7xf3gz4l A lot of reasons, but as a summary Warren needs people like Bill to succeed but the reverse is not true. He even donated to Bill's charity foundation, didn't create any himself.
@@pikaso6586 bro Bill has more than 50 percent of his portfolio in Berkshire Hathaway from very early age. Actually Warren Buffet has made more money for Bill Gates.
@@robinsingh5521 Your point is very different : you are comparing how much money Bill made from Warren and how much money Warren has made from Bill. My point is that Bill Gates has had a much greater impact on the world than Warren Buffet and Buffet Warren cannot make money without entrepreunarial innovators like Bill Gates.
Pika So not true, people like warren buffet provide funding and capital for businesses. Without this capital these companies would flop and all the potential impact would be lost.
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. 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 have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@martingiavarini Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
@@hermanramos7092 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Catherine Morrison Evans” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@@martingiavarini Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
Hello Mrs sonia is legit and her method works like magic I keep on earning every single week with her new strategies..
Thanks for introducing me to Mrs sonia .
My first investment with Mrs sonia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Yes I' m also a living testimony of expert Mrs sonia .
Mrs sonia has changed my financial status for the best.all thanks to my aunty who introduced her to me
I'm now a creditor not debtor anymore
I'm from Germany I used to take loan from the bank for surviver but after trading with expert Mrs sonia she changed my financial status for real.
“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” - Warren Buffett
So when am I going to B allowed to hang out with my betters, Dear Sir(S)?
Success Resources Australia
Are you saying if you hang around with billionaires you'll become a billionaire ?
It's that easy, so all I have to do is find a billionaire.
People better than you also hang out with people better than them so they'll not hang out with you... Even the people they would like to hang out with also hang out with people better than them so they do not hang out with the people you would like to hang out with... And so on...
Don't you see the infinite contradiction here? This is what we call "nonsense" ! It's the candy to give to those who aren't in the circle so they cultivate faith toward you for something they imagine possible, but that is unreachable in reality.
Right
@@cuteface88 seriously? When he says better people he’s talking about people who are driven, strive to succeed & are intelligent.
The 2 richest guys on the planet and they didn't even get a chair to sit on.
They are trying to differentiate themselves from us. It's intentional. They are elite!
This way USA is successful
Evil never rests
@@OSAMMA707 no usa horrible with orange man
@@cuteface88 you eat children as well?
I am a simple man; I see 2 successful people talk, I listen
You either need to add a coordinating conjunction between the second to last clause and the last clause or use a period instead of a comma. Also, you could use a semicolon, but you already use one between the first clause and the second; it would be a little strange to see double semicolons in one sentence.
While I'm on the topic, why use a semicolon after the first clause? Using parataxis could be beneficial here to improve the rhythm and overall energy of your, instead, lackluster post. The semicolon you use here adds an unnecessary relationship to two ideas that already naturally connect.
An economic way of writing is very effective, but it needs to be executed perfectly. There is less to work with, in written discourse, so the mistakes become more blaring. These mistakes include punctuation, which I believe many overlook; you display this oversight in your comment.
I recommend purchasing a journal and practicing your writing skills. It'll do wonders for your communicative skills; I'm very serious. Also, reading will help sculpt a foundation for you to rely on. Hemingway would be a perfect addition to your journal writings.
Happy I could help! Good luck!
@@Pun116 what are you talkin about?
same
🤣🤣🤣
@@Pun116
Sometimes things don't seem like they do, but they is;
Was Warren Buffet ever NOT an old man?
he is old forever
@@a_m7ammad i hope so, at least he stays alive
This was a video from 1998.
hiperformance71 I was 1 yo now Im 23 and Buffett still old
LOL
Warren Buffett is actually a stand up comedian :-)
Barpoe likes to draw He knows how to talk to a crowd, Gates is too intelligent for his own good :P
Thanks for Warren-ing me
He is very funny. Definitely gets paid more than a comedian
One thing they both have in common, besides intelligence: great sense of humor and positive optimistic attitudes.
@November Why do inferiors say that all the time? It's transparent as water. More efficient is to just admit you're a loser.
My mom cancers you can help plz im poor man plz im donate big porblme my family no home no jop one time help im
and Eugenics
@@manuell3505 you have a point there
bill gates: i went to the bank the other day about a loan
warren buffet: why do you need a loan ?
bill gates: i don't the bank does
+Haste h where is this in the video???? :)
Ri5004 no where in video i seen it on a meme lol
Jokes aside, banks actually came to Warren for a loan during the 2008 crash.
@ false.
@@wherethewildthingsarenot bear stearns did ask warren for help
Warren really loves to make jokes. What a great man
This video is from 1998.
Takeaways
- Make a list of the people you dis/like and what it is you dis/like about them
- "If you tell me who your heroes are, I can tell how you're going to turn out" - WB
- "I've turned down business deals, because they were people I didn't want to work with" - WB
- "As an act of leadership I created a sense of urgency" - BG
- If you find your kid looking up inappropriate websites, you should talk to them about it, not try to block it out
- The internet allows for easier offshoring, so education determines salaries more than region.
"I've turned down business deals, because they were people I didn't want to work with" is a Buffett-ism I needed today.
Thought they looked much younger here
Habits
- Rocky 3 should have won Best Picture
Bill Gates...said just like I'd expect considering the feds found pizza in his house multiple times, each time a different worker taking the blame and not getting prison time. But yeah just talk to your kids about it, don't stop Gates from sending pics
Fascinating how very different these two men are. Interesting to see Bill's interest in science, and Warren's disinterest. Bill's obvious inability to be excited about dairy Queen, and Warren's ability to see allocating capital to where it will generate profit as highly motivating.
Fascinating too how much of Mr Buffet's responding is via rules of thumb that have become intuitions for him: "The chains of habit are to light to be felt until they are too strong to be broken". How Mr Gates, by contrast accesses System II everytime. And expresses his thoughts explicitly as theory.
The two men are also similar. Both can think - very very well. Both have rich and deep general knowledge. Both work, hard, and love to work hard. And both are humble, and see all human beings as of equal merit. Be interesting now to enlarge the sample.
A fascinating study: We're lucky, now, to be able to learn without enrolling at Wash U. Thanks!
Timothy Bates That’s right. The best lessons in life are not learned at College or University; they are learned through noble observations and hopefully absorbing the good qualities of great people, such as those you have mentioned. Nobody at Uní will teach how to be curious or how to respect others equally.
Warren Bates's neighbour never use to understand what Warren even did to make money lol. Because hed just be on the phone everyday , he'd never leave his house to go anywhere for work. I think he just invested in businesses over the phone, got rich, bought them out and just does that lol. I think?
Well it's been 7 years but this comment was very insightful. Absolutely spot on.
The more money you have the more humble you have to be. Arrogance will kill smart people.
ruclips.net/video/fwVYfcWbvDU/видео.html&ab_channel=Jo%27zavenue
@@Jozavenue video is deleted. What was ut?
Why
This is one of the best recommendation RUclips gave me in the pandemic.
This video was from 1998, it's been 23 years from now.
What a great year to watch this with you all
Warren is such a happy man. I love it!
haha same
If I had that money I’d be happy too
@@SoggySlopster not really though
He's clearly acting it out and being TOO much
Compare with Gates whose way more real
Money
"I tap dance to work" love that quote
it was 21 years ago and still full of wisdom. THANKS
10:45 It's so cool that I'm watching this video.. on a computer.. in my home.. Both of these men are are brilliant visionaries and great people.
@Black Cash those are garbage lies
@Black Cash you belong to the species who believe earth is flat or evolution is wrong
your leader trump used to be against vaccines, now is begging for early release of one
people like you who spread anti-science conspiracies should be charged as criminals for causing deaths of hundreds due antivax and antimask rumours
I love Buffett, and it looks like he arrived there in a house flying with the help of 1000 balloons.
Pixar should have made UP subtly about Buffet 💀😂😂😂
Warren Buffet is a fantastic speaker. I could listen to him all day.
Watching winners, I learn to win!
Warren loves his job and you can see it. So happy
I want that
Two of the richest men in the world sitting on a table sharing their wisdom
Arabs are trillionaires
@@lilid5016 Lol no one is a trillionaire 😂 and Arabs are only rich because of royal family wealth. The people in Forbes are self-made and individually ranked.
Bill makes some amazingly accurate and intelligent predictions about the future (today) in this discussion.
He predicted the coming of infectious virus
@@readthrough978 time to watch this again, I guess.
@@Cheese-0x He didn't talk about this in this video. He said it in 2015.
It’s because he controlls the future
@Black Cash Read what my comment is about... Pay attention (-;
Warren buffet has a great sense of humour a sign of high intelligence
A great sense of humour is NOT a sign of high intelligence lmao
@@cia4492 lol it does show optimism though which is necessary for success
@@cia4492 not true at all comedians are very intelligent people
@@salaheddine6809 lol you mean all comedians you see on TV?
@@lewistaylor2858 i mean that anybody that have a sense of humour is an inteligent person
| CAME HERE TO LEARN HOW TO INVEST AFTER
LISTENING TO A GUY ON RADIO TALK ABOUT THE
IMPORTANCE OF INVESTING AND HOW HE MADE
$460,000 IN 4 MONTHS FROM $160k, 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.
Investing in stocks or crypto is a good
idea, a good trading system would put
you through many days of success.
Most people are scared because of the
chance of loss incurred while trading
I'm thinking of investing in the crypto
market, but I'm taking my time to
understand how it really works
It is possible to produce superior
performance provided you do
something different from the majority.
However most of us tend to pay more
attention to the shiniest position in the
market to the cost of proper
diversification.
@@danielbowman4516 Exactly, the trick is
to diversify your investment, don't panic
when everyone else is and invest
consistently.
Best quote from Bill: "I couldn't run my business when I get to be 60 because is such a hard business.... not like coke" xD
I observe that Buffet opens with answering a question they should ask. The answer and by far the best advice, form great habits and be admired for those habits.
I love how they are just sitting on a table. This just seems like two chill profs in a class I really want to take.
Except one of the professors is trying his best to see you dead
It's important to note the humour both Gates and Buffet have. A key component to success in my opinion.
Wow Genius is the word...both respect each other, have thorough clarity on all issues...Role models
i love how retro it is, why cant shows today be like thissss
you are already successful if you know exactly who you are.
exactly.
Exactly plus if you live in your own country (the country of your ancestors).
Anti_Immigration
Which ancestors, we have common ancestors?
Michael Zeng This comment is more truthful and important than any college degree.
+Michael Zeng how to you succeed to do that ?
See you all after some years until the RUclips algorithm bring us together
Warren is my hero, every time when listen I learning something abou investments.
They couldn't give these guys anything better than a table to sit on!
It’s Not about making money with them. It’s about their understanding of the important values of life.
@npc's everywhere is a vaccine bad?
Wow, amazing people... Great interview, thank you for upploading!
Buffet is such a cool, laid-back guy :)
warren buffet really is smart, at 20 mins when talking about hero's he remembers to mention his wife lol
Success is getting what you want. Happiness is wanting what you get.
- Success ???
His answer : happiness.
❤️ ❤️
Today is my birthday and this was a great gift! Thanks for posting it.
Thank you RUclips for this knowledge 💯
Their only role models are their parents! Both of them had the same answer. Who can disagree with those answers? What a wholesome and safe answer!
if someone has been living under a rock for the past 50 years or so and they came to see such big crowd sitting down just to listen to these 2 guys .... then to him, these 2 guys must be extra ordinary person.
If you don’t watch the whole hour, come back to it later. The practicality of the wisdom here is unheard of nowadays.
lol Warren is like a kid, it's what i wish to be when i'm at his age, not his wealth, but his personality, it feels very exciting and intelligent
im surprised he didnt mention how the money he made voicing kermit the frog helped in funding the start of his company
passion is the key to everything..both are immensely passionate
these are my 2 heroes for sure
I am so excited to see both legends together
Good people!
great program
thanks .
Warren is so awesome! I love him. too cute with the jokes so humble.
bill sounds exactly same as kermit the frog
john gibson oh dear
Ash Lynx ikr, but significantly smarter and kinder
And kinda looks like him too! No wonder everytime I look at him, there is somewhat resemblance I see but I can't remember..lol
And kinda looks like him too! No wonder everytime I look at him, there is somewhat resemblance I see but I can't remember..lol
People were so real and unpretentious back in those days. I wish we could re live that even for one day. Ironically the talk of improvements of technology has us missing a time when it did not dominate our lives.
Very inspirational to see 2 best example of success!
20:30 well you two are my heros...so inspiring
Two of the most powerful people in the world
Why?
Success = happiness/desires
Wow such wonderful people and minds awesome
Both are idol for me.
29:28 , that guy was like - Why is everyone laughing !!
3:29 the kid looks just like him.
That kid is successful now lol
Ha thanks! I'm glad people like the videos I post! More to come, stay tuned...
This was beautifully Eye Opening!
Its weird to see the lack of smart phones snapping and recording. I've gotten use to that.
Inspirational and enlightening, I hope the attendees made something out of it.
What did you learn from the talk?
Great information is timeless!!!!
Son geniales ,impresionantes ,unos tipos magníficos
two of the most wealthy individuals on earth doing a talk at a university talking about success and there both sitting on a desk...
Maybe they specifically asked for it?
warren buffet and bill gates our my heroes
Tales of The Gamer are*
I love these guys
Es una oportunidad única de verlos juntos,dos grandes del planeta.
Warren Buffett is awesome! I'd love to work for him. Salary not needed!
lesson learnt: to be a billionaire wear glasses
george gitau your right a lot of smart people wear glasses
Check
They loose sight due reading a lot
Jeff bezos doesn't wear glasses
Elon musk don't wear glasses
Fascinating
Certainly, Both the geniuses entertained the session reasonably👌🏾🥳🥇💎🥤🏆🎸
2 great teachers is helping increase knowledge and money.
Why does this video not have a 1,000,000 Views!!?!?!
Jason Cuellar AMEN
Jason Cuellar AMEN
chasestredic im mexican and i know i can succedd
Branden Longuemire becouse of that just 0.1% people rule, change and impact the world with their business
Two legendary man 🙏❤️🙏❤️🙏 I am big fan this two man 🙏😂😂💯🌹
Such great questions from a well-articulated audience.
The two great vaccninators.
Bill gates tied in vaccines more than Microsoft evil
Thank you Jesus for the day.
What does this have to do with the video? Also why are you thanking a 2000 year old prophet? lol
Thank to God who create you.
Great video - thank-you for the information.
Great and jovial interview for success
He looks like the Grandfather in the animation movie UP.
It's not necessary to compare their success, but I must say I have much more admiration for Bill's achievements
Hmmm, why?
@@user-td7xf3gz4l A lot of reasons, but as a summary Warren needs people like Bill to succeed but the reverse is not true. He even donated to Bill's charity foundation, didn't create any himself.
@@pikaso6586 bro
Bill has more than 50 percent of his portfolio in Berkshire Hathaway from very early age. Actually Warren Buffet has made more money for Bill Gates.
@@robinsingh5521 Your point is very different : you are comparing how much money Bill made from Warren and how much money Warren has made from Bill. My point is that Bill Gates has had a much greater impact on the world than Warren Buffet and Buffet Warren cannot make money without entrepreunarial innovators like Bill Gates.
Pika So not true, people like warren buffet provide funding and capital for businesses. Without this capital these companies would flop and all the potential impact would be lost.
And big hug and kissssss for you toooo
It's beautiful
Both are such cuties.
Two enormously talented men who are being great by doing good and giving back.
Only natural when you have so wealth
I love their speech
It’s a shame that subtitles are not available! Everyone should be able to understand this interview!
How on earth do they sit on the edge of a table for over an hour
The total value of this stage is 180 Billion.
When was this ?? Looks like 2002ish.. I'm in Seattle right now I live here
@@carlosang3l video is around 1990s.. Google source... I'm from India....
thank you so much for this video
warren is like an interpreter for bill's nerdspeak. both great men