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Not to be too pedantic but you totally missed Charlie Munger in this ... Buffet only started buying great companies at fair prices after Carlie changed his mind...
George Tyrakis yah. Charlie Munger’s role model was a Growth Investor - Phillip Arthur Fisher (often confused with value investing, good overlap but different concepts). The seminal book or Intelligent Investor equivalent for growth investing is Common Stocks And Uncommon Profits
Buffet believe he only need to have shares in company but Charlie advise he buy many manufacturing industry like from chocolate,mats,food products, construction materials , airplanes parts ,power plants
It’s good that Graham helped Buffett and believed in him to help him by guiding him . It is also good that Buffett and Munger stayed friends and business partners throughout the years that business and friendship connection is rare today . Also the reason why Buffett was good at what he does is he knew exactly what was a good thing to invest in he looked at every detail before he invested in a stock he had a great eye .
Business Casual is literally one of, if not my favorite channel just for the general information it provides... They're literally just business report essays for a class, but 100% more interesting. Students should learn from this channel :v
4:04, Warren did not learn how to evaluate a company just by glancing the sheet! It involved understanding the business and who are running it and then arriving at the intrinsic value of the co. Stop misleading!
Brilliant video! I was especially curious about Buffett’s childhood and upbringing. He definitely had a leg up on most, having a father who was a politician and businessman. Thanks for sharing!
This video starts off by claiming that Buffet had humble beginnings...ummmm....his dad was a stock broker, businessman and was elected to Congress....yup...humble beginnings.
this video is a complete sharade, Buffett is just another pyramid scheme, the worst is people being so stupid that cant understand that a old man without any computer skills is a "safe" investment in a era of frequency tradings and were most important stocks are tech related something he knows nothing about and wont buy because of that. this bubble will crash strong
@@thepro08 dont think you understand how a pyrmaid scheme works lol. Maybe Ponzi scheme would be more accurate to what you're trying to say. Tech shares aren't the only growth shares. Foolish to think that way. Lots of opportunities in many areas. Tech shares can be more volatile too...
@@thepro08 you seem like someone that doesn't know what a pyramid scheme or a ponzi scheme truly means. Buffet is not a trader, he is specifically an investor and he has been one since more than half a century. Buffet made investments when he was 20,some of those stocks he held for decades. He worked insanely hard and at small jobs although he was affluent. The same value system was instilled in his kids and they are not your typical billionaires.
I agree with u but halfway, back in march-april of 2018 buffet bought 72million shares of Apple, then 3weeks later apple announces group facetime and it shoots up $8.00 ! Buffet just profitted 72,000,00 *8= you do the math! Then 2 months later apple is the first trillion dollar company and the price soars! So basically you are right that its a scheme , this scheme is called insider trading, but warren does invest in tech! These rich guys talk over lunch on their next moves and buffer drives the market and copy cats follow buffet thinking he is a cash god but on fact he does insider trading sadly not as humble as yall think! Also he was born into money. Humble beginning my ass.
@Peru Numba Wan you cant hit your pin head on a stick... of course you are not a investor because you are to poor and to stupid, but still wouldn't invest in this old scammer, its called put your money were your money his and proof you agree with my point. now I have years of working in finance in the city of london and also jp morgan, and I can tell you that this guy will go in history as the biggest scammer ever, madoff was a baby compared to Buffet. now go talk some shit in my comment. cant care.
It's deceitful to say that picking the winning stocks isn't hard. It is actually very hard. It's a skill smarter people than you haven't mastered. Otherwise, we'd all be millionaires and billionaires.
To be fair, it really isn't hard. The hard part is discipline. The techniques are easy, the execution is hard. It's hard to understand what that means, and it's even harder to explain - especially to someone who's never tried trading/investing - which is why many people describe it as either "easy" or "hard" and very few capture the nuances.
It's a skill no one can master, because everyone is playing with everyone. If you formulate some strategy and everyone follows that strategy, that strategy simply won't work anymore precicely because everyone follows it!
I like this video because it's the first video I have a basic break down of Buffets strategy for buying socks. He uses a different strategy now that he buys whole businesses
Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!
I've been investing with ROCHELLE DUNGCA-SCHREIBER's guidance for a few years and I couldn't be happier. Her company has given me the best ROI while preserving my capital and has the most thorough investment guidance out there. It also never burns my money with speculation or poor philosophies of risk management.
Successful people don't become that way overnight. What most people see at a glance 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..
It wasn’t being petty, he decided to buy the whole company rather than risking holding a part share in a company run by someone who had previously cheated by him
4:30 Buffett was an activist investor in a hedge fund similar to today's Bill Ackman. Also there was a lot less investor competition making it easier to find good deals.
Easier said than done. For every video that says the buffet way of investing works there are 100 that say it doen’t. It’s all nice in theory but it’s about execution and the reality offers you very few receptors for a successful execution. The world is nowadays very competitive and one would find a very hard time successfully breaking in. And no, a fluke investment hit wouldn’t count. Consistency is the key here. I would probably make a lot more money making videos on how to invest buffet-style than actually investing buffet-style, hence this video’s existence. I liked this video and subbed for its presentation quality, not the actual content.
One thing you may not know is that, in addition to the Great Depression starting, the largest bank robbery in history took place in Lincoln, about 50 miles south of Omaha. (They got away with 2.7 million, which in today's money is over 30 million.) It was significant because there was no FDIC, and the impact could have destroyed the state's economy. What saved them from the collapse was Al Capone's long-lost brother (who lived near Omaha) going to him and convincing him to tell the bank robbers to give the money back, which they did.
I read about intelligent investor, and it is truly wonderful book. If this book keep printing into people, i can see many business prosper with good managament and still running for hundred years.
He was on the road you know? He saw that its possible to become a millionair, his first main goal, but he was already 30. So now would you jump off a building after you made the math and your on the road to 1mil?
“While under FCC guidelines it is legal for the cable giant to only offer one broadcast affiliate, there is no rule against giving Berkshire consumers access to both NY and MA channels - and for decades that is what has been done,” the petition says. “The Berkshires are western Mass - not east Albany!”
@7:44 people are always going to give you money with insurance ofcourse! He saw a way to always be making money And did it first when insurance was still new.Magical!
As someone who studied accounting, I have one big note: Cash is never a liability. There was a liability CORRESPONDING to that cash (accounts payable - for example), but the cash itself is not considered a liability. It is an asset.
@Mithilesh M This is not how accounting works. Under GAAP and IFRS, cash will literally always enter a balance sheet as an asset. It is the first asset on every balance sheet. Go look at a balance sheet. If you have some account you keep your cash in that you pay for, then the service cost of that account can be a liability - sure - but the cash itself is not.
@@John-thinks A highly successful investor could regard cash as a liability when inflation is high and also when cash is compared to the potential returns from owning stock.
@@ppuh6tfrz646 ????? "A highly successful investor could regard cash as a liability." I do not need to read any further than this. "Liability" is a formalized accounting term that has actual meaning under IFRS and GAAP that can literally never refer to cash. What you are talking about is not a liability, in the accounting sense of the word.
That’s the problem with people stop picking good stocks and start picking good companies. That’s the whole point of buffet. If u focus on being an investor with a company in the market u are less likely to lose in the market because u know the operation of what is happening in the financials.
Another fun fact about Warren Buffet: rather than attend one of DC’s mega-elite private schools like St. Albans or Sidwell, he attended the local public school to save on tuition.
Well, doesn't matter what his parents did. He still had to earn his own money by selling cokes, delivering newspapers, until he had enough capital to buy pinball machines, essentially his first venture.
I’ll respond to all of you. I learn a lot from Warren Buffett. But it’s all mentality. If you see your father running for Congress, you want to aspire for more. I guarantee you if his parents didn’t have such high ambitions, he wouldn’t either. So yes. It matters. Even if it’s a small grocery store. That’s even more motivational than his dad owning a bank. Yes, he did make his own money, but he inherited wisdom from his parents. So it’s not as humble as they make it seem. Of course, that being said, very few would become billionaires even with the inspiration. So Warren Buffett is one of a kind. 💪🏻
Not exactly true - his Congressman Dad helped Warren get GEICO through a no bid purchase & GEICO (government employee insurance company) is what really generated the cash to purchase most of the companies for Berkshire He certainly has made the most of the cash flow
Wow In 2020 I barely found out about stocks and I’m 22 if I would have found out like he did I would have invested in Netflix Apple, google, bac, etc he litterally got so lucky on the timing of when he grew up, but I ain’t finna give up there’s new stocks that are created like fubo and space stocks so I’m in a new era rn let’s get this $
I like Barren waffet Strategies about business and how he Earned billions of Dollar in Small age.He is Greatest of all time and only few person can do this Miracle❤
To the commentators saying it’s hard to pick winning stock. U didn’t learn about buffet. U don’t focus on the stock u focus on the company! Buy stock as an investor who wants a business to succeed. If u do that u will win in the market a majority of the time.
Good video, but not enough insight on how he aquired cash and how he was able to go 50fold with stocks he picked. I want to know how exactly he had enough money to do what he did and the timeline of all his investments and by what factor they multiplied for this kind of wealt to be possible.
Great vid👍 Business Casual is one of my favourite channels on UA-cam 😊 May I suggest a videos on the Japanese companies Pentel; or Muji. As well as the jewelry companies Harry Winston or Graff Diamonds or Tiffany & Co.
I wouldn't go that far to say he came from humble beinnings...he was quite priveledged if anything if you measure by social status. They were well off but were thrifty & humble in their attitude
No one can outperfrom the stock market consistently. Warren Buffet was extremely smart and very lucky so don't fool yourself into thinking you can follow his footsteps.
How about you suck a huge dose of reality. LOL You are right. Its also about timing. Getting Blue Chip stocks before they were Blue and more green is so KEY. People who consistently bought Apple and Amazon, Google early. WON.
So we are ignoring his father was a broker and he was into investing since young age? Just like how many young kids are into coding since young age and become billionaires? Like soon musk. Of course luck has a huge role to play but doesn't mean they didn't work hard. he didn't invest in the tech companies or crypto and failed to bank on that Even elon went bankrupt several times.
@@gabbar51ngh well in Buffett, the making of an american capitalist (I recommend this book), the writter tells that Buffett only learned character and principles from his father, his investment philosophy derived from Graham and evolved when America Express stock was going down, but he saw in a steak restaurant that people still used American Express cards as if nothing had happened, and he did the same experiment with Disney, investing in a product that he understands even when Mr. Market tells you they are not worth it right now So it takes 100% brains and 0% luck, average people tend to say things like that to make it look like rich people where destinied and make it sound like an excuse to why you are not rich and successful
Your videos are awesome! So much info in so little time! I can’t stop watching! Can you do one on Saudi Aramco?? The most profitable company in the world
🚨We have received thousands of comments reporting that UA-cam removed our most recent video, _Why I’m Suing UA-cam_ from your sub-feed. Worse yet, they are now suppressing traffic to all of our other videos. We need your help. If you are reading this, _please_ take a moment right now to subscribe to our free Substack to make sure you receive our next video. ➡ businesscasualhq.substack.com (using a non-Gmail address is highly recommended)
My kid: Dad, how am I going to pay for college?
Me: Buy a 40 acre farm and rent it out. Duh.
Why didn't you win the election? Duhh
rich people dont go to coledge
Ikr. This video and Buffetts overall story is such a load of bs.
@@wellvervewellvereve203 im pretty sure buffett has an MBA
@@milankovacevic1483 really?
He's a pretty modest guy you can see him at McDonald's time to time lol . Here In Omaha
Buffet has a free pass to eat at McDonalds.
Lunchbox1017 you’ve seen Warren in person at Miccy D’s? That’s awesome! 😃
Wowww you could see him?
what’s up omaha bruddha
Yeah with 30 bodyguards around him
Not to be too pedantic but you totally missed Charlie Munger in this ... Buffet only started buying great companies at fair prices after Carlie changed his mind...
George Tyrakis yah. Charlie Munger’s role model was a Growth Investor - Phillip Arthur Fisher (often confused with value investing, good overlap but different concepts). The seminal book or Intelligent Investor equivalent for growth investing is Common Stocks And Uncommon Profits
*C A R L I E*
Buffet believe he only need to have shares in company but Charlie advise he buy many manufacturing industry like from chocolate,mats,food products, construction materials , airplanes parts ,power plants
When we say "I'll take it all!" it's all fun and games. When Buffet says it, it's an acquisition.
It’s good that Graham helped Buffett and believed in him to help him by guiding him .
It is also good that Buffett and Munger stayed friends and business partners throughout the years that business and friendship connection is rare today .
Also the reason why Buffett was good at what he does is he knew exactly what was a good thing to invest in he looked at every detail before he invested in a stock he had a great eye .
Warren Buffet had an entrepreneurial mindset at such a young age... inspiring
Buffet had a humble beginning, his father was Stockbroker and a Politician.
.
.
🤔🤔🤔
😂😂😂 now i see it stockbroker and a politician
Nevertheless he increased his fortune through will power and diligence
He went from newspaper boy to billionaire? He was born in 1930, life was still much harder then
He got political connection so he also got internal first hand news zzz
They didn’t make as much back than
Business Casual is literally one of, if not my favorite channel just for the general information it provides...
They're literally just business report essays for a class, but 100% more interesting. Students should learn from this channel :v
I see you a lot
do you know how he make videos
Kyle Li We got some inspiration from them. However, we decided to animate the videos to make it more interesting!
If you are a student and is interested in learning visit skillshare..
Kyle Li well he does not like crypto currencies because it’s one of the most risky investments.
The guy’s ambition with his planning is what caused him to succeed. I’ll keep that in mind.
4:04, Warren did not learn how to evaluate a company just by glancing the sheet! It involved understanding the business and who are running it and then arriving at the intrinsic value of the co. Stop misleading!
dude it's "Business Casual" channel. Chill...
Okay. We all know. You don't have to loud it
The amount of time we spend believing we can't is more than enough time to learn how you can.
-my brain
You are absolutely right 👍
💯💯💯
Investing in crypto is very cool, especially with the current rise in the market.
@@austinejohn7089 I really don't know why people still remain poor out of ignorance.
@@margretchibu7004 It is not all about ignorance, there are lots of unprofessional brokers in the market.
Brilliant video! I was especially curious about Buffett’s childhood and upbringing. He definitely had a leg up on most, having a father who was a politician and businessman. Thanks for sharing!
HE IS HIGHLY INTUITIVE...ICONIC IN THE TRADE...
That parallax is beautiful
I really enjoy the editing style. It makes these old pictures look way more interesting!
This is really great content. I have watched a few videos about warren buffet but this is the best content.
Buffet is a genius, I look up to him and hoping to have a Mill by age of 40🙌👌.
This video starts off by claiming that Buffet had humble beginnings...ummmm....his dad was a stock broker, businessman and was elected to Congress....yup...humble beginnings.
this video is a complete sharade, Buffett is just another pyramid scheme, the worst is people being so stupid that cant understand that a old man without any computer skills is a "safe" investment in a era of frequency tradings and were most important stocks are tech related something he knows nothing about and wont buy because of that. this bubble will crash strong
@@thepro08 dont think you understand how a pyrmaid scheme works lol. Maybe Ponzi scheme would be more accurate to what you're trying to say. Tech shares aren't the only growth shares. Foolish to think that way. Lots of opportunities in many areas. Tech shares can be more volatile too...
@@thepro08 you seem like someone that doesn't know what a pyramid scheme or a ponzi scheme truly means. Buffet is not a trader, he is specifically an investor and he has been one since more than half a century. Buffet made investments when he was 20,some of those stocks he held for decades. He worked insanely hard and at small jobs although he was affluent. The same value system was instilled in his kids and they are not your typical billionaires.
I agree with u but halfway, back in march-april of 2018 buffet bought 72million shares of Apple, then 3weeks later apple announces group facetime and it shoots up $8.00 ! Buffet just profitted 72,000,00 *8= you do the math! Then 2 months later apple is the first trillion dollar company and the price soars! So basically you are right that its a scheme , this scheme is called insider trading, but warren does invest in tech! These rich guys talk over lunch on their next moves and buffer drives the market and copy cats follow buffet thinking he is a cash god but on fact he does insider trading sadly not as humble as yall think! Also he was born into money. Humble beginning my ass.
@Peru Numba Wan you cant hit your pin head on a stick... of course you are not a investor because you are to poor and to stupid, but still wouldn't invest in this old scammer, its called put your money were your money his and proof you agree with my point. now I have years of working in finance in the city of london and also jp morgan, and I can tell you that this guy will go in history as the biggest scammer ever, madoff was a baby compared to Buffet. now go talk some shit in my comment. cant care.
It's deceitful to say that picking the winning stocks isn't hard. It is actually very hard. It's a skill smarter people than you haven't mastered. Otherwise, we'd all be millionaires and billionaires.
To be fair, it really isn't hard. The hard part is discipline. The techniques are easy, the execution is hard. It's hard to understand what that means, and it's even harder to explain - especially to someone who's never tried trading/investing - which is why many people describe it as either "easy" or "hard" and very few capture the nuances.
@@KastorFlux No. We aren't all rich. And we aren't all equal.
It's a skill no one can master, because everyone is playing with everyone. If you formulate some strategy and everyone follows that strategy, that strategy simply won't work anymore precicely because everyone follows it!
Love this guy he’s a dream come true him and bill live the dream life props for all they do
5:37 Me if I ever became a millionare
No, not if, You WILL be a millionaire!
Don’t think if and ever mate.
When*
millionaire is easy
If I ever means you don't confident in becoming millionaire
I like this video because it's the first video I have a basic break down of Buffets strategy for buying socks. He uses a different strategy now that he buys whole businesses
Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!
I've been investing with ROCHELLE DUNGCA-SCHREIBER's guidance for a few years and I couldn't be happier. Her company has given me the best ROI while preserving my capital and has the most thorough investment guidance out there. It also never burns my money with speculation or poor philosophies of risk management.
Is she on youtube, please how do I find her?
Wow! I just looked up this person out of curiosity and I'm super impressed with her qualifications. Thanks for sharing.
Successful people don't become that way overnight. What most people see at a glance 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..
Please I have been hearing about this Mrs Hanna macko from a colleague at work how do I easily get to her?
Hanna macko is a well known trade coach when it comes to investing
+447
443
881
yo what that scary anime girl doing in the back left 5:26
Daniel Cruz that’s not a girl...
he puts one in every one of his videos, its kinda like an easter egg
WEEB
I knew my trap sense was tingling
😂😂yaa
He has 1955-2000 investing almanac
This is the most underrated comment on here :P
What does that mean ?
Imagine being so petty you buy a whole company to fire some guy who wanted to cheat you of 13 cents.
Warren's father died a few months prior, it may have played a part. But what a great buy.
Not 13 cents but 13 cents a share.
That can be a considerable amount for a major stockholder, especially in the 60's.
It wasn’t being petty, he decided to buy the whole company rather than risking holding a part share in a company run by someone who had previously cheated by him
4:30 Buffett was an activist investor in a hedge fund similar to today's Bill Ackman. Also there was a lot less investor competition making it easier to find good deals.
@The Rich Dad Channel No thanks. Crypto produces no cash flow.
Easier said than done. For every video that says the buffet way of investing works there are 100 that say it doen’t. It’s all nice in theory but it’s about execution and the reality offers you very few receptors for a successful execution. The world is nowadays very competitive and one would find a very hard time successfully breaking in. And no, a fluke investment hit wouldn’t count. Consistency is the key here. I would probably make a lot more money making videos on how to invest buffet-style than actually investing buffet-style, hence this video’s existence. I liked this video and subbed for its presentation quality, not the actual content.
Did i just find a sensible comment on UA-cam?
Nobody said it was easy. That was your conclusion
One thing you may not know is that, in addition to the Great Depression starting, the largest bank robbery in history took place in Lincoln, about 50 miles south of Omaha. (They got away with 2.7 million, which in today's money is over 30 million.) It was significant because there was no FDIC, and the impact could have destroyed the state's economy. What saved them from the collapse was Al Capone's long-lost brother (who lived near Omaha) going to him and convincing him to tell the bank robbers to give the money back, which they did.
not that relevant beside Great Depression it's taking place in Omaha, but it is indeed a fun trivia
Picking winning stocks is as hard as it sounds that's why Buffett is one of the only ones to outperform the index over his tenure.
Wow! I know the story, but the way you tell it is so beautiful!
Great video! also loving the purple/grey color scheme
I disagree with what you say at the end- picking winning stocks is actually very very hard
I agree, he’s saying it’s easy as long as you pay for his course with skill share and that’s just self promoting false information
THANKS FOR THE UPDATES AND LOTS OF LOVE 💖💖💖💖💖💖
Really informative. And you added the intelligent investor to my reading list. Thanks
Man I hope I get to meet him one day!
I read about intelligent investor, and it is truly wonderful book. If this book keep printing into people, i can see many business prosper with good managament and still running for hundred years.
Great little video!
Thank you for the post, and keep up the excellent work!
How he become a millionair at the age of 32, if he jumped off the building at the age of 30?
ХОРОШО lol
Well, obviously he wasn't being serious at the time.
He survived his suicide
I think it was by 28 he became a millionaire
He was on the road you know? He saw that its possible to become a millionair, his first main goal, but he was already 30. So now would you jump off a building after you made the math and your on the road to 1mil?
Could you please do a video about yahoo?
only 4 likes?
Justin Y. - You always ask Company Man to cover Yahoo.
Justin Y. yup yup yuup yup
yeahhh
Justin Y. Dude are your using instant transmission?
My headcanon about how Warren Buffett got rich is that he went to every buffet he could find and smuggled out leftovers to sell.
🤣🤣🤣🤣 creative joke.
Weirdo 😂
“While under FCC guidelines it is legal for the cable giant to only offer one broadcast affiliate, there is no rule against giving Berkshire consumers access to both NY and MA channels - and for decades that is what has been done,” the petition says. “The Berkshires are western Mass - not east Albany!”
Love your videos-thank you!
2:56
you can buy 1 acre with the same money today
He's a genius person one can learn many things from him, and his work
@7:44 people are always going to give you money with insurance ofcourse! He saw a way to always be making money And did it first when insurance was still new.Magical!
As someone who studied accounting, I have one big note: Cash is never a liability. There was a liability CORRESPONDING to that cash (accounts payable - for example), but the cash itself is not considered a liability. It is an asset.
@Mithilesh M This is not how accounting works. Under GAAP and IFRS, cash will literally always enter a balance sheet as an asset. It is the first asset on every balance sheet. Go look at a balance sheet. If you have some account you keep your cash in that you pay for, then the service cost of that account can be a liability - sure - but the cash itself is not.
@@John-thinks A highly successful investor could regard cash as a liability when inflation is high and also when cash is compared to the potential returns from owning stock.
@@ppuh6tfrz646 That's not what a liability is in accounting. That's a risk. It's different.
@@John-thinks Go back and read what I wrote and read it properly this time.
(FFS.)
@@ppuh6tfrz646 ????? "A highly successful investor could regard cash as a liability." I do not need to read any further than this. "Liability" is a formalized accounting term that has actual meaning under IFRS and GAAP that can literally never refer to cash. What you are talking about is not a liability, in the accounting sense of the word.
The conclussion of the video is reaaaaaally wrong, picking good stocks is incredible difficult.
Jorge Gómez no slow gains for the bulk of investment
Read Security Analysis. Actually, READ it, don't just act like you're reading it.
He says that only because the man is selling his skillshare stuff
That’s the problem with people stop picking good stocks and start picking good companies. That’s the whole point of buffet. If u focus on being an investor with a company in the market u are less likely to lose in the market because u know the operation of what is happening in the financials.
what good stocks did he ever pick lol? He just picked the safest ones, there has never been a single genius investment from him ever.
so inspiring video, keep up man. all love ❤
I love this channel
Another fun fact about Warren Buffet: rather than attend one of DC’s mega-elite private schools like St. Albans or Sidwell, he attended the local public school to save on tuition.
Great video as always
Keep up the good work!
Want to asked, how did you make the video animations, with pictures moving on a slow pace. Is there any tutorial on that topic in SkillShare?
“Humble beginnings” - father ran for Congress, lol
And won
So? He had a small grocery store not a bank...
Yes that’s how your democracy is designed, local people get elected
Well, doesn't matter what his parents did. He still had to earn his own money by selling cokes, delivering newspapers, until he had enough capital to buy pinball machines, essentially his first venture.
I’ll respond to all of you. I learn a lot from Warren Buffett. But it’s all mentality. If you see your father running for Congress, you want to aspire for more. I guarantee you if his parents didn’t have such high ambitions, he wouldn’t either. So yes. It matters. Even if it’s a small grocery store. That’s even more motivational than his dad owning a bank. Yes, he did make his own money, but he inherited wisdom from his parents. So it’s not as humble as they make it seem. Of course, that being said, very few would become billionaires even with the inspiration. So Warren Buffett is one of a kind. 💪🏻
Nice, I was just watching older episodes and saw this pop up. Great content guys.
mopsnuf me too
mopsnuf I love it when someone just posts a positive comment. Wish you all the success and happiness!
God bless u sir, I am from Sri Lanka, " Esto Perpetua", means Be thou for ever
Warrent Buffet has Good Character for Improving Economics , Talentd etc
he was blessed to have a father who knew about money . niceeee
I love your videos keep it up!!
I’m saving this video for watch latter:)
Not exactly true - his Congressman Dad helped Warren get GEICO through a no bid purchase & GEICO (government employee insurance company) is what really generated the cash to purchase most of the companies for Berkshire He certainly has made the most of the cash flow
I really love your videos Business Casual.
Congratulations 👏 and all the best for its success and happiness 💘
When your hardwork compound the you becomes successful
Amazing video, what a great story and inspiring man.
Wow In 2020 I barely found out about stocks and I’m 22 if I would have found out like he did I would have invested in Netflix Apple, google, bac, etc he litterally got so lucky on the timing of when he grew up, but I ain’t finna give up there’s new stocks that are created like fubo and space stocks so I’m in a new era rn let’s get this $
There's nothing like fortunate and luck its all about hardwork and smartwork
He made it by working hard from dusk till dawn and helping others. ROFL
Wow the way this video makes me feel like I read The Snowball for nothing.
Great work. Thank you.
Is this a reupload..?? I remember all this information from a few days ago. Maybe it was from The Infographics Show?
Calyx i think it is actually a reupload, cause i remember the vid and facts
Sameeee. I remember watching a video of of Buffet
There’s all this information and more in his biographies if anyone wants to look more into Buffett. I’d recommend Roger Lowenstein.
I like Barren waffet Strategies about business and how he Earned billions of Dollar in Small age.He is Greatest of all time and only few person can do this Miracle❤
To the commentators saying it’s hard to pick winning stock. U didn’t learn about buffet. U don’t focus on the stock u focus on the company! Buy stock as an investor who wants a business to succeed. If u do that u will win in the market a majority of the time.
Could someone tell me how he financed the aquisition of the insurance firms
Good video, but not enough insight on how he aquired cash and how he was able to go 50fold with stocks he picked. I want to know how exactly he had enough money to do what he did and the timeline of all his investments and by what factor they multiplied for this kind of wealt to be possible.
We support you
He is an inspiration of mine
Good video on Warren buffet thanks.
Warren buffet is a legend
Please do a video on The Kroger Company, perhaps on its large size and recent acquisitions.
Kroger=Ralph's=Food4Less.
Exciting and Exploring sir
Great video!
4:06 just looking for a teacher like him !.
Great content... keep making
Mate, why did you put a trap FELIS in the NYSE floor?
Great vid👍 Business Casual is one of my favourite channels on UA-cam 😊
May I suggest a videos on the Japanese companies Pentel; or Muji.
As well as the jewelry companies Harry Winston or Graff Diamonds or Tiffany & Co.
Hello Lydee, would you mind having a new friend?
@@markforrest5155 yes. Leave me alone
Phenomenal video.
Great videos keep it up!
Can you make the part 2 of this video
0:43 Is it factually correct to say that Berkshire Hathaway is the world's largest conglomerate? 🤔 What measure are you using?
I wouldn't go that far to say he came from humble beinnings...he was quite priveledged if anything if you measure by social status. They were well off but were thrifty & humble in their attitude
No one can outperfrom the stock market consistently. Warren Buffet was extremely smart and very lucky so don't fool yourself into thinking you can follow his footsteps.
How about you suck a huge dose of reality. LOL You are right. Its also about timing. Getting Blue Chip stocks before they were Blue and more green is so KEY. People who consistently bought Apple and Amazon, Google early. WON.
It was only luck. Smarts has nothing to do with it.
@@edvin9758 replace Buffet with a bafoon off the street and tell me it isn't about smarts. You make a very.. Interesting argument
So we are ignoring his father was a broker and he was into investing since young age?
Just like how many young kids are into coding since young age and become billionaires? Like soon musk.
Of course luck has a huge role to play but doesn't mean they didn't work hard. he didn't invest in the tech companies or crypto and failed to bank on that
Even elon went bankrupt several times.
@@gabbar51ngh well in Buffett, the making of an american capitalist (I recommend this book), the writter tells that Buffett only learned character and principles from his father, his investment philosophy derived from Graham and evolved when America Express stock was going down, but he saw in a steak restaurant that people still used American Express cards as if nothing had happened, and he did the same experiment with Disney, investing in a product that he understands even when Mr. Market tells you they are not worth it right now
So it takes 100% brains and 0% luck, average people tend to say things like that to make it look like rich people where destinied and make it sound like an excuse to why you are not rich and successful
Warren got lucky to meet graham
Thank you bro
Impressive subject, well presented
Yeee I love this channel
Your videos are awesome! So much info in so little time! I can’t stop watching! Can you do one on Saudi Aramco?? The most profitable company in the world