Warren Buffett & Charlie Munger on the past, present and future of hedge funds (1999)

Warren Buffett and Charlie Munger think back to the first hedge fund in the 1920s, discuss the state of the industry in 1999 and what they foresee in the coming years.
Top ten investment books;
The Intelligent Investor by Ben Graham: amzn.to/2XP3Hvo
The Big Short by Michael Lewis: amzn.to/3ak7Wr0
The Dhandho Investor by Mohnish Pabrai: amzn.to/2PqQDgk
One Up On Wall Street by Peter Lynch: amzn.to/39JM2Kk
Ben Graham's Security Analysis: Sixth Edition, Foreword by Warren Buffett: amzn.to/2XNYtAh
The Little Book of Common Sense Investing by Jack Bogle: amzn.to/2UsGk8T
Common Sense on Mutual Funds by Jack Bogle: amzn.to/2Uxu2wl
Common Stocks and Uncommon Profits by Phil Fisher: amzn.to/2XOCU2v
Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger by Peter Kaufman: amzn.to/2oBddW4
The Essays of Warren Buffett: Lessons for Corporate America: amzn.to/3EwbNxx
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[@antonpanferin-multibaggerh5108]

Thank you for uploading the good old videos. Keep up the good work

[@The_Financial_Review]

Thank you for the support!

[@linckw1157]

They knew black swan long before the book was published.

[@roccosiffredi5463]

every hedgfunde manager should watch this....

[@jimjackson4256]

You gotta love those two.

[@HornetUK1]

they are old 21 years ago when i aM young

[@kingkang6877]

LTCM was infamous. Bear Stearns didn't get bailed out because of what they did NOT do after LTCM.

[@knmfujiwara]

Moral hazard huh? Trying to be decent gets you the boot.

[@subscribetomyyoutubechanne1543]

I'm just starting so I can risk my money to leverage.

[@CharlieChaplinVideos]

Bernie Madoff..

[@ronit.pereira7172]

Charlie is probably drunk