As a shareholder said in another Berkshire meeting thanks Warren and Charlie you guys have given us joy during lot of years and have allowed us to create a happier life 😊
Great! Have you seen my other playlists? Munger ruclips.net/p/PL3JIwaA9fHXuZeby3fhbx1EDT1KMXFC6D Buffett ruclips.net/p/PL3JIwaA9fHXtLfHw3ZJQQxdIBiEDTcpAG Graham ruclips.net/p/PL3JIwaA9fHXu5kWHQ-Y46P0xK90nl1Ni2
A mild critique of the index funds industry at 42:33. Warren hints at the fact industry-specific or sector-specific indexes may be defeating the purpose of indexing. That's because choosing a winner specialized index may be as hard as choosing a winner stock; a skill most people do not have.
Thanks, can’t imagine how many gazillion hours have been saved from people’s lives because I did these, but I am always thinking how to add value, there is more to come, so do subscribe. I invite you and anyone else who appreciates Buffett, Munger, Graham to join my discussion group in FB facebook.com/groups/119434690001285/
Eddie, that’s great to know. Hope it’s going well. This is how I learned a lot about investing too and ended up doing splendidly. You might like my playlists on Munger: ruclips.net/p/PL3JIwaA9fHXuZeby3fhbx1EDT1KMXFC6D on Buffett: ruclips.net/p/PL3JIwaA9fHXtLfHw3ZJQQxdIBiEDTcpAG Graham: ruclips.net/p/PL3JIwaA9fHXu5kWHQ-Y46P0xK90nl1Ni2 Elon: ruclips.net/p/PL3JIwaA9fHXt2Rlalc0-imbpTWNHiqgHF
I admit, I didn’t listen to two of the greatest and they told me don’t buy at high evaluations, I did, got burned, didn’t lose my backside but I got burned, lesson learned about the dangers of fomo
Meeting panel intro 8:36 2021 Q1 Summary: OPER earnings + Unrealized Investment Earnings/losses on that day. 2020 Q1, economy shut down, market down -30%, self induced recession. 15:00 the US system works! The top 20 companies ranked by market value 30 years ago vs now. None of the top 20 companies 30 years ago made to the list; All Japanese companies fell off the ranking, while many Chinese companies made to the list. Conclusions: capitalism works but the world can change in a very very dramatic way. 20:00 Overall equities are the place to be. XYZ industry … 1900s: Henry Ford, the auto Industry debut, transformed the whole country, highways, insurance, all kinds inventions based on cars as rear view mirror (Marmon), seat belt, 2000+ car companies, now 3 left while 2 bankrupted. 26:00 During 2020 pandemic, why didn’t repurchase/buy aggressively but sold airline shares? Airlines went through bankruptcy, the entire airline businesses combined sold for $100 B compares to Apple $2 T, and they lost significant amount of earnings and the prospect earnings due to reduced travels. We got $600 B good businesses, only shedded 1% of it, still got exposure through American Express and Precisioncast. 33:00 The Fed moved with speed and decisiveness when the economy stopped. Run on money market funds repeat of 2008. Fiscal and monetary policies. Didn’t know or sure what’s gonna happen. 42:00 Index fund vs BRK. 500 Index fund is the choice for ppl who don’t know anything about stocks.
Charlie @MIN 47:33 is a trip..lol .. Thank you for the video but what's interesting is Buffet bought more share of Cheron even know there earrings are forecast to decline by an average of 14% per year for the next 3 years .. He must know something!! 👍👍👍BUFFETT & MUNGER ARE THE GOATS !!
Warren and Charlie need to be educated on blockchain technology so they can put crypto innovations in perspective that go far beyond bitcoin investments.
Cash is physically and electronically traceable. If physical payment is required by criminals, this opens up many options for law enforcement. Physical transactio is not an option with crypto. If someone with crypto is given a “millionaire’s holiday” or someone extorts or threatens them, the money they transfer is gone. Whereas bank transfers are a different story and are not irrevocable.
As a shareholder said in another Berkshire meeting thanks Warren and Charlie you guys have given us joy during lot of years and have allowed us to create a happier life 😊
1:16:00 Charlie ages at close to 1% a year, a 25-year old ages at 4% a year; we have the slowest aging management - brilliant and hilarious.
Charlie loved it
Thanks IDP for your efforts on these: been through all the Berkshire meetings since 1994 - enjoyable learning experience. Cheers!
Great! Have you seen my other playlists? Munger ruclips.net/p/PL3JIwaA9fHXuZeby3fhbx1EDT1KMXFC6D
Buffett ruclips.net/p/PL3JIwaA9fHXtLfHw3ZJQQxdIBiEDTcpAG
Graham ruclips.net/p/PL3JIwaA9fHXu5kWHQ-Y46P0xK90nl1Ni2
Thank you for making these condensed videos every year. Much appreciated as always
A mild critique of the index funds industry at 42:33. Warren hints at the fact industry-specific or sector-specific indexes may be defeating the purpose of indexing. That's because choosing a winner specialized index may be as hard as choosing a winner stock; a skill most people do not have.
I tried for years and failed. Now I own a Vanguard S&P 500 and BRK. Happy I did it.
Guys you have done a service to humanity by compiling these videos !! Thank you so much
Thanks, can’t imagine how many gazillion hours have been saved from people’s lives because I did these, but I am always thinking how to add value, there is more to come, so do subscribe. I invite you and anyone else who appreciates Buffett, Munger, Graham to join my discussion group in FB facebook.com/groups/119434690001285/
I second that. Thank you so much @IDP x
Can't express how much i look up to and love charlie munger!!
Omg you love am evil man who wants turn America into Communist country
@@lunapasquale what could u explain?
likewise
@@lunapasquale People say stupid things, but this comment can be found in the Now That's What I Call Stupid album.
@@jakubpustulka You're asking for a "stupid comment" explanation. Don't worry about it.
35:35 Don’t depend on anybody
37:59 Balance Sheet
46:50 perfection, benefits, pros and cons
1:34:45 consequences in everything.
Thanks for sharing. I’ve added these to the video note too.
I watched from 1994-2021 (twice) and I learned a lot from these videos thank you idp!!
Eddie, that’s great to know. Hope it’s going well. This is how I learned a lot about investing too and ended up doing splendidly. You might like my playlists on Munger: ruclips.net/p/PL3JIwaA9fHXuZeby3fhbx1EDT1KMXFC6D on Buffett: ruclips.net/p/PL3JIwaA9fHXtLfHw3ZJQQxdIBiEDTcpAG Graham: ruclips.net/p/PL3JIwaA9fHXu5kWHQ-Y46P0xK90nl1Ni2 Elon: ruclips.net/p/PL3JIwaA9fHXt2Rlalc0-imbpTWNHiqgHF
I have a FB group for investing if you’d like to discuss things occasionally. facebook.com/groups/119434690001285/
@@IDPRUclips Thanks IDP I will definitely take a look at those videos! Keep up the great work!!
So Happy to see them together again!
I admit, I didn’t listen to two of the greatest and they told me don’t buy at high evaluations, I did, got burned, didn’t lose my backside but I got burned, lesson learned about the dangers of fomo
2:58:45 there's your answer right from Charlie's mouth.... it's Greg
Charlie will always be remembered 😢
Meeting panel intro
8:36 2021 Q1 Summary: OPER earnings + Unrealized Investment Earnings/losses on that day. 2020 Q1, economy shut down, market down -30%, self induced recession.
15:00 the US system works! The top 20 companies ranked by market value 30 years ago vs now. None of the top 20 companies 30 years ago made to the list; All Japanese companies fell off the ranking, while many Chinese companies made to the list. Conclusions: capitalism works but the world can change in a very very dramatic way.
20:00 Overall equities are the place to be. XYZ industry … 1900s: Henry Ford, the auto Industry debut, transformed the whole country, highways, insurance, all kinds inventions based on cars as rear view mirror (Marmon), seat belt, 2000+ car companies, now 3 left while 2 bankrupted.
26:00 During 2020 pandemic, why didn’t repurchase/buy aggressively but sold airline shares? Airlines went through bankruptcy, the entire airline businesses combined sold for $100 B compares to Apple $2 T, and they lost significant amount of earnings and the prospect earnings due to reduced travels. We got $600 B good businesses, only shedded 1% of it, still got exposure through American Express and Precisioncast.
33:00 The Fed moved with speed and decisiveness when the economy stopped. Run on money market funds repeat of 2008. Fiscal and monetary policies. Didn’t know or sure what’s gonna happen.
42:00 Index fund vs BRK. 500 Index fund is the choice for ppl who don’t know anything about stocks.
Thanks
Charlie @MIN 47:33 is a trip..lol .. Thank you for the video but what's interesting is Buffet bought more share of Cheron even know there earrings are forecast to decline by an average of 14% per year for the next 3 years .. He must know something!! 👍👍👍BUFFETT & MUNGER ARE THE GOATS !!
It will be awesome if you can add the questions in the description as highlighted times
Would be Great.
2:28:25 my favorite part of the whole interview. Buffets response is hilarious.
Idp when are you dropping the 2022 video?!!
very soon. It’s not published anywhere yet, it just played live. It will be coming soon, hit subscribe and you’ll be first to know.
@@IDPRUclips I been subscribed
Thanks for your help dear.
BUFFETT & MUNGER TWO GREATS 👌
Thank you very much 👍👍👍👍
1:58:39 Going ham on the peanut brittle.
Can’t find the full vid for 2022. Maybe cus it’s cnbc and not yahoo finance. Any one know where to find the full video for 2022?
It’s not published anywhere yet, it just played live on their site. It will be coming soon, hit subscribe and you will be first to know.
May God bless him with long life ! ❤️
2022 out soon?
soon!
32:00 for you if you didn't buy things in March 2020
Amazing thank you!
Love from Bihar, India 💛
Greetings! Check out Warren in India in this amazing video which he gives long thorough answers to questions ruclips.net/video/iCz_VFn4TSA/видео.html
3:01:00
Great video
1:52:10 Charlie Munger Choking “give ya a repurchasing stock”.
I want the full story of Charlie and munger relationship
Then check out the full playlist on him here ruclips.net/p/PL3JIwaA9fHXuZeby3fhbx1EDT1KMXFC6D
Charlie was there like … Buffer just can’t stop talking … lol
LOL
Mr. Buffett.... Absolute giniuse.
Just a pure natural savant.
Thank you Sir
Very interesting 💃🏽
I really enjoy seeing Charlie eating chocolate.
When is the 2022 meeting?
Sat., April 30, at 9:45 a.m. ET
@@IDPRUclips When's The 2022 Meeting Timesaver Edit? 😄 Also Thank You So Much For Your Contribution To Humanity
BH annual meetings are starting to look like fidel castro annual speaches. you always know what they will say.
Warren and Charlie need to be educated on blockchain technology so they can put crypto innovations in perspective that go far beyond bitcoin investments.
Already ruclips.net/video/7jalgjzwSE0/видео.html
Crypto is a transfer of wealth not a creation of wealth.
❤❤❤
U can laud me with all your phone calls and you tube clips I won't take it❤❤🎉🎉
Gold
❤️
30 years later you will need 2 lists. One for market value in USD, one for RMB. No they will not be convertible.
What was the intro. rippl? Or rickle. What the hell was that? A joke.....
I plan to corporate takeover Berkshire Hathaway
Damned he still has not aged between the blood and baby stuff oleboy may out live MOSES he did say the oldest American was his goal perhaps???
WB is chief risk officer but has not interest in ESG or climate risk....come on I love BH and WB but you need to address this
Isn't the US dollar also used for kidnapping and extortion ?
Cash is physically and electronically traceable. If physical payment is required by criminals, this opens up many options for law enforcement. Physical transactio is not an option with crypto. If someone with crypto is given a “millionaire’s holiday” or someone extorts or threatens them, the money they transfer is gone. Whereas bank transfers are a different story and are not irrevocable.
Sir Buffet feels uncomfortable with breath
Gold