Warren Buffett is known to be a fan of financial and banking stocks, and in this video, he explains why banks are a fundamental ingredient in any equity portfolio.
Banking has grown and expanded from just retail in the 30s, 40s to retail banking, investment banking, corporate banking, wealth management etc from the 60s, 70s onwards. The median incomes along with home prices have gone up many folds in the last 50 years and the mortgages and interest payments along with it. No wonder banking stocks have made a killing.
I learnt this the hard way. Bought all the Canadian Banks at almost all time highs... but I'm 27 years old, plan on holding for +20 years so will steadily dollar cost average and hold for the dividend collection. Not afraid to sell losers but dosent make sense to sell my banks. Just going to buy more on weakness.
The tip to make money is always more prized and more valuable than money in itself. The recipie for a dish is always more prized and more valuable than the dish in itself. The means is always more prized and more valuable than the end in itself.
He doesn't use multiples that much, he said once about price/book value that he doesn't use ben granham formula but the same discounted cash flow that he told at this video, which makes sense how mr. market / big players / institutions precifies the market in relation to how interests rates are and affects thoses valuations.
just because he doesn't explicitly use the word multiples doesn't mean he doesn't mean that. if he's calculating earnings "from now until the end of time", he is implicitly calculating a multiple on earnings.
he said nothing about "discounted cash flows" what he said was he was "discounting" earnings in the future to calculate present value. The word "discounting" means something different in this context, you can google it.
@@tommyflynn466 oh, I see, you are saying the discounted meaning is different, not taking out this from valuation, but simply calculating future earning
There is a mountain called Mt Sastha in redding California always snowed and I used to see it everyday when I was a ceo of an indian medical transcription company❤❤😂😂
don't you think if that's so obvious, that the market would have already priced that in? I don't know how people can listen to Warren Buffet speak and come away with conclusions like "x good, I should buy stocks in x"
Exactly right. A business that can't fail can take risks that the free market can't take. It's a competitive advantage. Doesn't automatically mean your money is safe, but it's more information to consider.
As long as the interest rates offered by banks are lower than inflation, you are actually doing a negative net interest rate. Banks are not dumb with CDs offered. Alright! What to do? Buy silver and S&P500 and close this deal by 2026-2027. Silver appeared to be having a greater potential in the future than gold.
@@grzesiekszewczuk1741 Hopefully you have an emergency fund, or you are setting yourself up for a loss. If you need money, and its tied up in stocks in a down market, you are literally just burning money if you sell.
@@thenerdnetwork in my country inflation is nearly 20 percent so having money in a bank will burn them. For now stock market gave me 2000 dollars so i think investing in stocks iin a recession is better idea then holding money in a bank.
Bank stocks are good as long as you are at least in mid-management of that bank or somehow have the insider info or performed a good analisys and do understand what you do. As mr. Buffett stated in this video: "I would not characterize all banks as the same…" - I totally agree. Mind what are you inveting too.
Successful people don't become that way overnight what you see as wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life...
That the problem with people like you. You can't walk in this mans shoe for a 10th of a second. Your into the get rich quick scheme. This man is telling you how to invest your money get a great return and naver loose your money. Buffett has naver lost any of investors capital can you tell me another investor that have accomplished this?. He a genius in business and money simply the best. And I don't even like his politics when it comes to business and money I'll lesson to him before anyone else.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
In the past, gold and silver were utilized for more than only forms of currency. Technological advances have created a figurehead of gold and silver. Cryptocurrencies are VERY high risk. Look into buying trends and 5-year timespans of fluctuation. Things you purchase regularly down to the first point in supply chain and manufacturing are fairly promising to invest in.
Hmmmmm... Not necessarily true. Mortgage applications are down 46% (from Nov. 2021 to Nov. 2022) due to higher interest rates. Rates in Nov. were 3.33% One hundred 30-yr. mortgages for $100K @ 3.33% yields $5,825,960 in interest (bank revenue). Fifty-four 30-yr. mortgages @ 6.81% yields $7,286,349.60 in interest. In this example, your statement holds true. In March of 2022, mortgage rates were at 4.42%. Currently, mortgage rates are at about 6.57%. Given those numbers, one hundred 30-yr mortgages for $100K @ 4.42% yields $8,069,840 (bank revenue), fifty-four 30-yr mortgages for $100K @ 6.57% yields $6,977,059.20. These higher rates are producing less revenue. Banks will profit from higher mortgage rates only up to a certain point.
UK government interference make banks uninvestable, they are used as cash cows from time to time, dividends halted, shareholders demonised, forced to take unwanted government cash massively diluting existing shareholders. UK banks still have not recovered from 2008. Then PPI, 20 billion and counting for Lloyds alone.
Not bank stocks but investment bank or payments stocks, cause they make fees and dont provide any loans and thus there is little risk compared to banks
Thumbs Up Video/ Comments. Great Info to Consider for 2023. EV Stocks at Best Dip-Buying Opportunity in Years. * XOS.. Large EV Truck Leader in USA/ Canada. * FFIE.. Faraday Future March 2023 Launch of Premium Tech Luxury FF 91 SUV EV. * IQSTEL. Profitable with 4 Divisions in 19 Countries. EVOSS Motorcycles/ EVOSS Car Prototype launch Early 2023.
@@WeiweiCheng that doesn't explain why he is selling them. What, being selective is fine, but selecting to sell shares in your selective bank is not a sign you have faith in them
@@esmeecampbell7396 No matter how careful you were when you bought a stock, the business and the surrounding environment may change through time, and your original thesis may not hold any more. Sometimes you have to sell, and that is part of being selective. I don’t see this has anything to do with “faith”. Regarding why Buffett sold any particular stock: He almost never shared any reason, especially not right after the sale. If it matters to you as an investor, it is then your job to figure it out. The reason to sell stocks is never pleasant, so I understand why Buffett doesn’t want to talk about it publicly, because he doesn’t want to be the guy, who puts the company in a more awkward position.
9% inflation, 4.5% interest on debt, in a recession - right now i wouldnt touch bank stocks, even if the fundamentals were very good. Its as easy as that!
Warren Buffett is a genius he can invest in something do a interview talk about how good of an investment it is and has everybody runs to buy it his stock price just goes right through the roof it doesn't have to be a good company it just takes him saying it is and he is guaranteed profit absolutely genius how to lie your way to be a billionaire and it works just ask Sam bankman
The failure of Silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k portfolio, what’s the best way to take advantage of this bear market?
A lot of folks have been going on about this year rally and said stocks that would be experiencing significant growth this season, any idea which stocks this may be?
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
🤣thats what Warren Buffett says buy at dips if you simply bought in 2020 at 21$ it went straight to 42$ which you could have got 100% returns and if dividend yield included it is around 108% returns and if we distribute over 5 years it is more than 20% .
@@roopsai8159 Thank you for your comment. Yes, BAC went from about $20 to $49 from the Pandemic bottom to the Pandemic top, but people would have had to have sold near the top to lock in the gains, but that gets into market "timing" doesn't it? If people continued to hold, the value went down from $49 to where it is now. Either way, I'm not saying Buffet is wrong. I started buying BAC too.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
People are crazy and will persuade you to invest in their own company for their own personal gain. You need to research. Look for constant fluctuation over 5-year timespans and look at people's buying trends recently. I wouldn't hire a FA unless they can ensure you receive gains on your investment within a year. They'll convince you long-term investments are more likely and more promising, yet they pass laws and government programs that strip people of their futures. Be weary.
Banks stock have done crappy this past year. BAC down 25% the last 12 months. I just lost 50k owning DFS the past 12 months. Wells Fargo is lower now than it was 5 years ago.
Insightful Video. I was really hopeful of my investments this year, but all my plans has been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market.
As a sector yes but that doesn't mean their aren't banks that will do wonderful over time. Warren made 15% a year on $BAC the last 11 years and made 12% a year on $WFC since buying in 1989.
I remember years ago just casually talking to the misses about investing in Bradford & Bingley building society. I came home from work the next day and she had bought £400 worth at a £1 a piece. They went up a bit I told her to sell but she said NO. Two weeks later they went bust & we lost the money. And that’s why I never give investment advice. 🤣🤣🤣👍
But if your wife listened to you, you would have made money. So your investment advice was right. Whether it was based on luck or skill is another matter.
Bank stocks have been shit since 2008 when interest rates fell, now rates are on the up, Buffet knew rates would rise awhile back when he started buying banks. Banks do extrememly well when rate are up, and if rates are still up after inflation has fallen and the economy is firing on all four banks will be in their goldilocks zone.
bank stocks have always been good at giving dividends. Some Canadian banks have dividends of 5% which is higher than some companies
Banking has grown and expanded from just retail in the 30s, 40s to retail banking, investment banking, corporate banking, wealth management etc from the 60s, 70s onwards. The median incomes along with home prices have gone up many folds in the last 50 years and the mortgages and interest payments along with it. No wonder banking stocks have made a killing.
Making a killing, more like getting killed, am I right, LMAO at Credit Suisse, more like Debit Suss, am i rigt?
@@corbinrodier3377big le Reddit upboat comment stocks go reeeeee amiright? ===D XD
@@corbinrodier3377banks are now up 30-50% this year
Bank of Granite was also run into the ground and was forced to merge to avoid collapse
Bank are great investments in that they do earn good returns on tangible...but only if you buy at a good price relative to tangible and earnings.
I learnt this the hard way. Bought all the Canadian Banks at almost all time highs... but I'm 27 years old, plan on holding for +20 years so will steadily dollar cost average and hold for the dividend collection. Not afraid to sell losers but dosent make sense to sell my banks. Just going to buy more on weakness.
The tip to make money is always more prized and more valuable than money in itself. The recipie for a dish is always more prized and more valuable than the dish in itself. The means is always more prized and more valuable than the end in itself.
Roay Bank of Canada and TD. Both pay divvies over 4% .. Payout ratio 35% You can have WFC
He doesn't use multiples that much, he said once about price/book value that he doesn't use ben granham formula but the same discounted cash flow that he told at this video, which makes sense how mr. market / big players / institutions precifies the market in relation to how interests rates are and affects thoses valuations.
just because he doesn't explicitly use the word multiples doesn't mean he doesn't mean that.
if he's calculating earnings "from now until the end of time", he is implicitly calculating a multiple on earnings.
he said nothing about "discounted cash flows"
what he said was he was "discounting" earnings in the future to calculate present value. The word "discounting" means something different in this context, you can google it.
@@tommyflynn466 oh, I see, you are saying the discounted meaning is different, not taking out this from valuation, but simply calculating future earning
No debt is a moat (imo)...
Canadian Banks have been the fantastic over whatever length of time...more than a year.... you want to chart. Plus a terrific dividend.
Have you looked lately?
TD: Watch me
There is a mountain called Mt Sastha in redding California always snowed and I used to see it everyday when I was a ceo of an indian medical transcription company❤❤😂😂
You must own bank stocks because the federal government / your tax dollars, will always bail them out.
don't you think if that's so obvious, that the market would have already priced that in?
I don't know how people can listen to Warren Buffet speak and come away with conclusions like "x good, I should buy stocks in x"
@@tommyflynn466 cry more
@@VTuber_Clipp3r immature response. He makes a good point
Govt is the last resort that’s why banks are so crooked
Exactly right. A business that can't fail can take risks that the free market can't take. It's a competitive advantage. Doesn't automatically mean your money is safe, but it's more information to consider.
How about DBS, OCBC & UOB Banks in Singapore 🇸🇬
As long as the interest rates offered by banks are lower than inflation, you are actually doing a negative net interest rate. Banks are not dumb with CDs offered. Alright! What to do?
Buy silver and S&P500 and close this deal by 2026-2027. Silver appeared to be having a greater potential in the future than gold.
“Banksters” that’s why. Everyone has to have a bank, and every time money sits in bank or moves, house makes money with your money.
Thats why i took most of my savings from my bank account and i bought stocks
@@grzesiekszewczuk1741 Hopefully you have an emergency fund, or you are setting yourself up for a loss. If you need money, and its tied up in stocks in a down market, you are literally just burning money if you sell.
@@thenerdnetwork in my country inflation is nearly 20 percent so having money in a bank will burn them. For now stock market gave me 2000 dollars so i think investing in stocks iin a recession is better idea then holding money in a bank.
@@ToroMontana thank you for advice. I will buy some ETFS soon
@@thenerdnetwork that's what dividends are for
Bank stocks are good as long as you are at least in mid-management of that bank or somehow have the insider info or performed a good analisys and do understand what you do. As mr. Buffett stated in this video: "I would not characterize all banks as the same…" - I totally agree. Mind what are you inveting too.
The videos title is entirely uncharacteristic of the nuance Buffet applies to everything.
@@contagioushavoc5794
He said the banking sector was good. He didn’t say any and every bank was a good value
Buffett is an incredibly gifted teacher!
Lmao. 🤡
You mean thief.
Successful people don't become that way overnight what you see as wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life...
That the problem with people like you. You can't walk in this mans shoe for a 10th of a second. Your into the get rich quick scheme. This man is telling you how to invest your money get a great return and naver loose your money. Buffett has naver lost any of investors capital can you tell me another investor that have accomplished this?. He a genius in business and money simply the best. And I don't even like his politics when it comes to business and money I'll lesson to him before anyone else.
The Oracle of Omaha at it again with the sage-like wisdom.
Thanks for posting.
Which shareholder meeting was this?
I have the same question. Please answer.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
In the past, gold and silver were utilized for more than only forms of currency. Technological advances have created a figurehead of gold and silver. Cryptocurrencies are VERY high risk. Look into buying trends and 5-year timespans of fluctuation. Things you purchase regularly down to the first point in supply chain and manufacturing are fairly promising to invest in.
Yes, thanks WB for advice.
Time to short bank 🏧 stocks on bad 📉 on mortgages.
Mr Buff-it do you like Huntington bank ? And thoughts on asphalt ?
I have shares of STB bank, at the moment they are traiding well below book value.
I would check out bank of America
Thanks for this video
Solid video, 2023 will present us with a year of high interest rates A.K.A banks will profit from this move!
But the technicals showing up Morgan rolling over... Technicals most important thing in stock price.... Look at tsla after it head and shoulders
Hmmmmm... Not necessarily true. Mortgage applications are down 46% (from Nov. 2021 to Nov. 2022) due to higher interest rates. Rates in Nov. were 3.33% One hundred 30-yr. mortgages for $100K @ 3.33% yields $5,825,960 in interest (bank revenue). Fifty-four 30-yr. mortgages @ 6.81% yields $7,286,349.60 in interest. In this example, your statement holds true. In March of 2022, mortgage rates were at 4.42%. Currently, mortgage rates are at about 6.57%. Given those numbers, one hundred 30-yr mortgages for $100K @ 4.42% yields $8,069,840 (bank revenue), fifty-four 30-yr mortgages for $100K @ 6.57% yields $6,977,059.20. These higher rates are producing less revenue. Banks will profit from higher mortgage rates only up to a certain point.
Except for RBS where people lost nearly everything and it never recovered.
Or Lehman
UK government interference make banks uninvestable, they are used as cash cows from time to time, dividends halted, shareholders demonised, forced to take unwanted government cash massively diluting existing shareholders. UK banks still have not recovered from 2008. Then PPI, 20 billion and counting for Lloyds alone.
Not bank stocks but investment bank or payments stocks, cause they make fees and dont provide any loans and thus there is little risk compared to banks
Northern Rock didnt work out too well......but who am I to argue with this guy?
Charlie keeps eating, what a Chad
Buy insurance stocks, not bank stocks. Less systemic risk.
Thumbs Up Video/ Comments. Great Info to Consider for 2023. EV Stocks at Best Dip-Buying Opportunity in Years. * XOS.. Large EV Truck Leader in USA/ Canada. * FFIE.. Faraday Future March 2023 Launch of Premium Tech Luxury FF 91 SUV EV. * IQSTEL. Profitable with 4 Divisions in 19 Countries. EVOSS Motorcycles/ EVOSS Car Prototype launch Early 2023.
of course it only works if you get annual bailout packages.
Father morning star told me.
Real don't know pretty rock getting ourselves into.
Ringtone then wet sanding.
Strange that Buffett has been on a bank stock selling spree, and this video appears to recommend buying bank stocks!
Maybe this video was recorded 2-3 years ago...?
He’s been consolidating into his fav Bank of America. He owns 13% of them
Banks are still among his biggest positions. In fact, he always has many bank stocks. The key is to be selective.
@@WeiweiCheng that doesn't explain why he is selling them. What, being selective is fine, but selecting to sell shares in your selective bank is not a sign you have faith in them
@@esmeecampbell7396 No matter how careful you were when you bought a stock, the business and the surrounding environment may change through time, and your original thesis may not hold any more. Sometimes you have to sell, and that is part of being selective. I don’t see this has anything to do with “faith”.
Regarding why Buffett sold any particular stock: He almost never shared any reason, especially not right after the sale. If it matters to you as an investor, it is then your job to figure it out. The reason to sell stocks is never pleasant, so I understand why Buffett doesn’t want to talk about it publicly, because he doesn’t want to be the guy, who puts the company in a more awkward position.
9% inflation, 4.5% interest on debt, in a recession - right now i wouldnt touch bank stocks, even if the fundamentals were very good. Its as easy as that!
Inflation is great for banks… They get to charge a higher rate on an inflated asset
Should I invest in SVB?
bruh the stock has been delisted
@@guiguia3826lmaooo
XLF is the best way to go…
Except from 2008 to 2022
I do, including my own bank. Common sense
TD + RY biggest position and i'm sleeping like a baby.
Warren Buffett is a genius he can invest in something do a interview talk about how good of an investment it is and has everybody runs to buy it his stock price just goes right through the roof it doesn't have to be a good company it just takes him saying it is and he is guaranteed profit absolutely genius how to lie your way to be a billionaire and it works just ask Sam bankman
Yeah, by the time he talks about it, he bought it long ago at a lower price. Do the opposite.
Banks require continuous printing of money to succeed.
banks dont print money….
English sub-titles please
I'M ALL IN AT SILICON VALLEY BANK .
Lmfaooooooo poor guy
always remember, if you are warren buffet you can make a profit with banks.
just dont make mistakes, easy :D
Read before you invest in any stock cause not all stocks are managed intelligently.
Dont believe the title. Bank stocks are insane risk for people with no special knowledge in that business.
Can you post the date of the recording for each of your videos?
Anything else my Lord? …
Credit Suisse: (Looks left, looks right).
That's great advice! I'm sure Credit Suisse investors can attest to that!
Touché 😆
Well he did say it depends on the specific bank...😂
(BANKman-Fried looking at you👀)
Banks required bailouts twice during last 10 years, and they require continuous printing of money to succeed.
Ultimate Bank Stock - Bitcoin
Yea, yea. Tell that to Bear-Stearns or Credit Suisse shareholders.
Not most Australian banks!
How do you evaluate risk on the asset side?
You don't. You let the banks' management do that and diversify.
Warren buffett: Does Not Tell You That You Must Own Bank Stocks.
I guess BofA is an exception as Buffet and Fink have pulled billions from them in the last year.
50% of my portfolio is in financials.
Title of the video shows a misunderstanding of what is said in the video by Buffet
3:34 3:48 4:39 6:04 8:05 8:22
Aged well
he sold most bank stock recently
The failure of Silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k portfolio, what’s the best way to take advantage of this bear market?
you can go for energy Companies
buy jp Morgan chase Jaime dimon is a very talented ceo
What is net tangible assets?
How has Wells Fargo done?
Buffett has done amazing on $WFC
A lot of folks have been going on about this year rally and said stocks that would be experiencing significant growth this season, any idea which stocks this may be?
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
How Do I Find this Lady?
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Can't predict the Market
Not this year... Jp Morgan is head and shouldering like tsla just did
“Banks are good business if you don’t do dumb things on the asset side”. If only someone had told crédit suisse this. 😅
I wish I hadn’t bought Signature Bank two months ago 😅
Rockford he said Rockford
Bank of America (BAC) is only up 10% during the past 5 years, for an average yearly return of 2%
Did you calculate dividend reinvesting?
Security Currency Price Change Total Return Annual
BAC US Equity USD 4.76% 16.87% 3.17%. The total return including divs was about 17%
Warren Buffett made 15% compounded per year by buying $BAC in August 2011.
🤣thats what Warren Buffett says buy at dips if you simply bought in 2020 at 21$ it went straight to 42$ which you could have got 100% returns and if dividend yield included it is around 108% returns and if we distribute over 5 years it is more than 20% .
@@roopsai8159 Thank you for your comment. Yes, BAC went from about $20 to $49 from the Pandemic bottom to the Pandemic top, but people would have had to have sold near the top to lock in the gains, but that gets into market "timing" doesn't it? If people continued to hold, the value went down from $49 to where it is now.
Either way, I'm not saying Buffet is wrong. I started buying BAC too.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
People are crazy and will persuade you to invest in their own company for their own personal gain. You need to research. Look for constant fluctuation over 5-year timespans and look at people's buying trends recently. I wouldn't hire a FA unless they can ensure you receive gains on your investment within a year. They'll convince you long-term investments are more likely and more promising, yet they pass laws and government programs that strip people of their futures. Be weary.
If you want your money do nothing, put it in bank. And let the CEO become rich.
If you want to become rich someday, put it in Bitcoin.
Shit... I am on 10% but with a 8 to 1 on P/E. While the ING is on 13,4 to 1.
Banks stock have done crappy this past year. BAC down 25% the last 12 months. I just lost 50k owning DFS the past 12 months. Wells Fargo is lower now than it was 5 years ago.
Interest is going up so you might sit good
SUCCESS.
What like credit suisse stocks? Look how good they’re doing 🙄
Yeah - but WB or BRK does not own Credit Suisse - what does that tell you?
Nu. Buy it now
Insightful Video. I was really hopeful of my investments this year, but all my plans has been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market.
Yes, if you go short against the market you’d make such success.
It should say, why you should never listen to Mr. Buffett's advise!
Yeah don't listen to a guy who made billions of dollars by investing, let's listen to you instead
Buffet has made insane amounts of money in the banking sector. He made 12% a year for 31 years on $WFC and made 15% a year on $BAC for 11 years
3:20 🔫🤫
Onların yemək yeməsi sanki,sizin pullarınızı baxın necə mənimsəyirik ifadəsini verir.
Bears Sterns chiming in
People bagholding Deutsche Bank
FRC stock just went to 0….
he has sold a lot of them lately.
Anybody else lose their ass in WAMU fifteen years ago? lol
This is insane. Banks are terrible performers compared to other sectors over the long term.
As a sector yes but that doesn't mean their aren't banks that will do wonderful over time. Warren made 15% a year on $BAC the last 11 years and made 12% a year on $WFC since buying in 1989.
Warren tell Charlie Brenda found the softest toilet paper at B.Js wholesale club.
warrens thoughts on weapons of mass destruction ?, besides his partner , mr munger. You boys caught up on your mortgage payment on your homes ?😊
that did not age well. that is ridiculous advice. Banks are chronic under performers
Banks go BANKRUPT an tax payers bail them out so how sound an smart are they in their buisness decisions???....PLSE EXPLAIN
I remember years ago just casually talking to the misses about investing in Bradford & Bingley building society. I came home from work the next day and she had bought £400 worth at a £1 a piece. They went up a bit I told her to sell but she said NO. Two weeks later they went bust & we lost the money. And that’s why I never give investment advice. 🤣🤣🤣👍
But if your wife listened to you, you would have made money. So your investment advice was right. Whether it was based on luck or skill is another matter.
The title is absolute bs.
Because its a terrible low margin business model and very economic sensative
License to steal.
I don't know that these old farts can tell us anything that will truly pan out in the future, but boy howdy do I like listening to these old farts.
Bank stocks crash gotcha
This didn't age well
How?????
specialy in this type of enviroment banks stocks are dogshiiit
why? rising rates
insolvencys, more collateral phase6
Bank stocks have been shit since 2008 when interest rates fell, now rates are on the up, Buffet knew rates would rise awhile back when he started buying banks. Banks do extrememly well when rate are up, and if rates are still up after inflation has fallen and the economy is firing on all four banks will be in their goldilocks zone.