Berkshire's 2023 annual shareholder meeting: Watch the full afternoon session with Warren Buffett
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- Опубліковано 27 вер 2024
- Berkshire Hathaway Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger preside over the 2023 Berkshire Hathaway annual meeting. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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I started investing in dividends through my taxable account. In my Roth, I followed a buy-and-hold strategy, adding Berkshire Hathaway B stock, SCHD, and an S&P 500 and total market ETF.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?
Rebecca Nassar Dunne is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less than $150k per year, but nothing to show for it yet
the fact that you watching this type of videos in your 30s says you doing great. You have a real chance of becoming rich. I would encourage you to stop looking in the wrong places for advice. THINK!! they won't be there to know when thier advice has would'vegone south. Work with a flnancial advlser instead and say bye to speculative investing, if you do this long enough, you will have something to show for it in no time.
I am single no kids, I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!
That's impressive! I could really use the expertise of this advisor.
She's Sonya Lee Mitchell. Get your answers when you looking her up
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
who is your advisor please, if you don't mind me asking?
Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Amazing to be 92 & 99 and capable of managing Berkshire and understand what's happening around the world. I hope I can get out of bed at this age, let alone do what they are doing. LEGENDS.
No kidding >__< These two are amazing
.u
They must be androids or something- it just can't be possible...
poor america, like hongkong, i look at their movie stars and feel sad.
😂 Another kool-aid drinker, legacy old white men with connections with #Epstein 🏝 and these fake as comments 😑 It's so lame that enriched old white men can't create a believable organic dialog online or real life cause real people can see thru it no matter what, They Live!
Not many UA-cam videos I'd watch over 2 hours, yet here I am.
How these two great guys remain highly mentally intact and on top of their games has to be the eight wonder of the world
Its because once you stop using it, you start loosing it.
Warren and Charlie I wish you both a long and healthy life. Thank you for inspiring me in so many ways. Your wisdom is timeless.
wisdom, or lack of answering questions?
Bro they're 90+ elites, let them go alredy 😂
@@starbean2910 nope, cant.
they’ll probably find this statement offensive 🤣
Bit of a wasted wish.
I actually enjoy watching them speak...priceless.. ❤
Paid comments are entertaining to 👀
@@divadfenrir-ur1gs so, I would paid to hear THE WEALTHY SPEAK..
I don't own Berkshire, but I keep watching this video and come away full of humor and smiling ear to ear every time. Got to love these guys.
I would love to own Berkshire stock but its expensive right now
@@viktorholmberg6931 That's an excuse. In time its cheaper then it will be.
Better start getting a few shares!
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
In my opinion, SVB was attempting to restructure their bond portfolio, which involved selling their low-yielding bonds despite the potential loss, and compensating for it by buying higher-interest-rate bonds on the open market.
My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
"We aren't as good as Japan bc they're better at thinking..." That's why I love Charlie. I hope I can be like him when I get old. Forget the money, I wanna be free to speak my mind as bluntly as humanly possible
You can do it now, stop being an automaton
time stamp?
@@jamesbyrne9312Not if you’re a junior employee. Sometimes you can’t. They can do it because they have power.
@dogestranding5047 then don't be an employee, go do something
Thank you Warren and Staff of all Cnbc for allowing us access to view this meeting ❤
Charlie killing it with the cookie … one little bite at a time
😂😂😂
Love how they keep this humourous and fun
Ignorance is bliss 😊 ⛽️ lighting ✨️ the plebs to the qrc lines.
That’s what happens when you do what you love
I didnt know Buffet and Charlie were this humble...❤❤❤🙏
That's why they are great investors. In investing if you got cocky your return will be a lot less.
Warren Buffett is energetic for his age.
I genuinely mean it when I say that this economic recession has left me incredibly angry and exasperated. I have good companies bought but instead of making profits I've lost over a quarter of my portfolio since a year.
I've been considering hiring a financial advisor, but I'm torn between choosing a male or female advisor. Who do you think would be more trustworthy?
The 2022 stock market downturn still lingers, and with ongoing inflation and the Federal Reserve's plan to raise interest rates, the financial industry expects further fluctuations. Recent research by Wells Fargo and Vanguard shows that women tend to approach investing in a more systematic manner. They demonstrate greater patience, make fewer trades, and often achieve superior risk-adjusted returns compared to men. I love my advisor "Avery Barnes Whidden" she exemplifies this trend.
Out of curiosity, I looked up your advisor's name.on thee web because I'm in dare need of financial assistance. what I found about her was intriguing. I'm preparing to contac her right away to learn more about her services.
Rest in Peace Charlie. The world has lost one of its greatest minds.
These two guys possess more wisdom and common sense than the entire US Congress and White House.
A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less.
In other words, an advisor-managed portfolio would average 8% annualised growth over a 25-year period, compared to 5% from a self-managed portfolio
@@marcorocci-ct7kw I agree; for over 17 months, I've been in contact with an investment advisor. Nowadays, it's really simple to invest in trending stocks, but the challenge is knowing when to sell or hold. To support me with entry and departure points, my advisor steps in. Within 18 months, I've accrued almost a million dollars from an originally stagnating reserve of $300K.
@@geraldantonio3160 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning.
@@geraldantonio3160 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@@geraldantonio3160lol scam bots
I hope these guys live forever.
They will
in our hearts & minds
me too, sadly growing old means watching all the people you admire turn to stardust
Everyone listening to Warren while Charlie continues his cookie munching….lol
Amazing amount of wisdom these 2 gentleman have to offer.
A lot of good points from these two legends, though some are dated. However, Warren's comments on corporate tax is spot on. 0% (effectively) corporate tax is absurd and is hurting the economy of many nations. If individuals have to pay tax, corporations should too, especially if they are legally seen as "persons" (citizens united, which is a whole disaster in itself). The tax burden should be SHARED. I truly believe this would benefit the economy in the long run, including profits when people have more to spend and the US, for example, could invest more in infrastructure, education, making sure people are healthy and not going bankrupt due to medical bills (again, more to spend and save -> healthier economy). Its pretty basic in my view.
Didn't know the grandpa from "Up" was a finance genius.
Charles Munger RIP! GOAT investor! LEGEND!
My 90years on earth 🌎 MY BIGGEST INVESTMENT MISTAKE don’t let your children born in America🇺🇸 let them born overseas🇮🇳 bring them to America on their 21 birthday🇺🇸….
My portfolio:
50% USA index
15% China shanghai index
10% China Hong Kong index
5% Australia index
10% European index
10% BRICS index minus Russia (2020)
I have owned real estate business for the last 50years.. I find what kills the golden goose is the fees: Management fee NYcity 7% Selling fee: 3-4% Property developer profit margin: 30-40% if you can cut out the fees from hedge funds you will get amazing results.
Also the other problem I found with Made in USA children.. my children forgot how to hussle!! They are so used to having their own bedroom they don’t know what it’s like 10people sharing one toilet. If Elon Musk wasn’t born in South Africa and seen the black poverty line in Africa he would have never hussle” as hard as he did in America🇺🇸 Welcome all immigrants to the 100million club✌️
All great dialog. Thanks. Please visit Pilot without notice and make sure things are to your liking. Thanks for all the profits.
The problem with the system, as we will all find out in the coming years, is that the government backs deposits for banks and backstop mortgages for most of America. This moral hazard has fallout! It's no good saying that executives should not get compensated for exploiting these backstops. We privatise profits and socialise losses. Continuing to do so solves nothing.
In work for a Berkshire owned Company in Germany. I resigned because they thought that a salary of 13.70€ per hour is a fat salary for somebody with almost 40 years of experience, fluent in 4 languages. I use these languages every day for +40% of our customers. I am the only one in a team of 30. Top ranking in sales figures. Talk tot your German management many People in the Aachen branche are and wil be leaving in the near future. They are making the wrong HR desicions. A succesfull branche is going down the drain.
Look at charlie just munching his way out of trouble 😂 people will miss him.
LEGENDS.
Remove toxic people out of your life immediately ❤
Blessings 🙏🏾❤🙏🏾 Words cannot express these guys contributions to society and business world. Charlie no longer with US. Mr. Buffett breathing is laboring, 7 mths ago. Hope he is doing much better and enjoying greater health.
Great advice from both men.
Bless 🙏🏾❤️🙏🏾
I woke up at 33:30 and thought this was a comedy sketch
WARREN IS AN ABSOLUTE ICON he's smarter than anyone
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Whitney Kay Stacy. look her up
hank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I wish a long and healthy life for Warren and Charlie. With share of wisdom for many decades.
Great value time in my life with this is videos
Investment Bank which are actually Privaye Equity Firms...Didn't theu roll all the "investment banks" into the bigger commercial banks? Did the commercial banks take on the behavior of investment banks..."Irrational Exuberance" - Greenspan
You how watching this works for me? I train my ear to absorb everything Warren says while my eyes are trained on Charlie! R.I.P big man
I watched all of this and the 13 year old's question is the one that worries me most , and it should worry you too! The US cannot continue to increase the already ridiculously high national debt of 31 trillion and counting! It's all very well saying the country who prints money in it's own currency cannot default, but as true as this is, unlimited money printing has dire consequences - rampant inflation , destruction of savings and equity values , inability to fund public services etc. It needs to be dealt with as a matter of urgency !!
It is always worrying when a 13 year old is the smartest person in a room full of adults.
And the solution is trivially simple. Increase taxes a little and cut spending a little. The longer we wait, the more painful the fix will be.
Your previous video was really good! Man, please, make more videos about that theme🍈
Good morning god and to you my beloved father warren and father charlie god is always with you❤
So this is Charlie last shareholder meeting....?
Rest in peace charlie!
RIP charlie Munger. A LEGEND HAS BEEN LOST. I hope warren is ok, he has lost a long time friend and partner and that can take its toll also
An absolute legend. Definitely will be a void in the world with his passing.
I can't believe Charlie turns 100 in 3 months... most people never reach that let alone stay active in their career
I like watching mr Munger go ham on the peanut brittle
Charlie nails it, he said..... Banks are about bankers who whats to get rich and not a good thing.
Very Good. Thanks.
Charlie - "I don't think having a bunch of Bankers all of them trying to get rich leads to good things. "
Thank you.
21:39 it is best to start to be assertive and self righteous at an young age
More people need to watch this
Pete Flaherty, chairman and CEO of the National Legal and Policy Center, was arrested and charged with criminal trespassing by police in Omaha, Nebraska, even though his name was on the list of attendees for the Berkshire Hathaway shareholder meeting.
“I apparently touched the third rail of billionaire politics when I mentioned Jeffrey Epstein’s name,” Flaherty told The Daily Signal on Monday. “I’ve been involved in shareholder activism for 19 years, and I have never before had my mic cut and I was never before arrested.”
Munger says more with 25 words than Buffett does in 2500 words. Why does the company want to put Howard in charge? They apparently think Greg Abel will make changes.
The " afternoon morning session ". What time was that ?
11:59am
I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.
@shawanderson2684 That sounds great and what signal do you invest with?
Prize pool aur betting opportunities bohot acchi hai 4RAB pe, miss nahi kar sakte
One the best meetings yet
Yaar 4rbt ka interface easy hai, aur odds bhi sahi milte hain, har match dekhne ka maza double ho jata hai
These two O.G.'s are TheTruth!
I'm THE Big Hero.
Warren and Charlie are amazing Heroes everyday for USA and America Thank you Warrwn and Berkshire Hathaway ❤
Little Greta kinda had a good question 1:00:30 now ask about the movement of oil by rail vs pipeline, there is a little bit of emissions coming from those trains?
These two are examples of working till they drop. Within 5 years they'll not be with us if everybody can be like them. They work so hard all their lives and yet they'll give all their money back to society.
In 5 years you might not be with us, but they could still be here. Younger people than them die every minute of the day. Death doesn't care about your age, race, or what you have going for yourself. The Grim Reaper comes for all ages at any time. Age is a privilege, not a right.
Great guys
"INTEGRITY" over time always provides ...
bro what was charlie eating he last 99 years lol
Historic event, Buffet and Charlie’s last dance 🥲
munger's last berkshire hathaway annual shareholder meeting ❤
may he rest in peace
1:32:16 LOVED the reality check Warren did on taxes.
Love those munger shoulderpads
I wanna know what Charlie is eating. Long life biscuits ??
Charlie R.I.P
Insightful
the only 2 men with integrity and billions, god on them
Please BLEND COOPERATION MAYBE THANKYOU FOR READING THIS TEXT
Thankyou very much😅
I did
Looks like Charlie Munger has been working out. He has big, broad shoulders.
Build of a defensive back.
0:50 Savages 😂😂😂😂😂
Very good
I got 3Dollar per day for 3year that terrible
Rest in peace charlie😢😢😢
What a rambling mess. The people in the comments obviously watched a different talk 🙄🙄
Munger just munching the whole time. 😂😂😂
I miss Charlie Munger.
He is now matured.. Rest in peace.
Rest in Peace Charlie
LOVE WARREN's BLUE TIE :)
Tell me THE trugue
Do you think all the cash 100$ bills warren is curious where they are, from the feds balance sheet is hmmm I don’t know… Ukraine?
Must be nice to be an insider.
Do you have a jab for me grandren
Charlie and his eating habit. Really cool.
They completely rambled for 15 minutes after the little girls question. One thing about Warren and Charlie is they do not speculate.
Munger told it like it was. Warren tends to put a different spin on the hard facts of reality.
No one asked about Crypto or Bitcoin why is that the first point he makes when talking about a reserve currency this is called Cognitive dissonance refers to the mental discomfort or psychological stress that arises when a person holds two or more contradictory beliefs, values, or ideas, or when a person's actions are inconsistent with their beliefs or values thats why they bring that up first.
Perhaps only Musk cares more about them.😂😂😂
Am horror it seem we never know each other together before again
RIP Charlie