I'm 30 years old. I got my first job about 15 years ago in 2009. So far, in my short working career, I've experienced three "generation changing, once in a life time" economic events. Events where millions of people will lose their homes, get laid off, and struggle for basic necessities. Events where trillions of dollars of wealth will be transferred from the masses to the 1%. Events where mega corporations will swoop in, buy up mass amounts of foreclosed homes for cheap, takeover merges accel to increase market concentration and corporate giants enter in new markets leaving swaths of struggling small business dead in their wake. I no longer believe that these are freak accidents that better understanding of markets will prevent. This is just Capitalism. These economic catastrophes will continue to happen every decade or so for as long "growth for the sake of growth" is the sole measure of a successful economy.
@@Alpharizzchad I mean the 2008 GFC and global supply change shortages at the start of the pandemic. Now a few years later, we're expected to brace for a 3rd. Thank you for your advice though, I read many books when I got my degree in International Business. I can recommend some if you're interested.
I am not an extremely educated person in terms of markets but would be cool with a book recommendation. I feel the same way, using GDP growth as the main indicator of a good economy is like driving towards a cliff. In a world so finite, we want to play on an infinite scale.
@@nategreen3565 I think one of the books that stands out to me the most now, given where we're at in Western society, is Dark Age America by John Michael Greer. Although he wrote it... 12ish? years ago, he essentially predicted where we are today. Saying that he believes that the next global catastrophe, such as a pandemic will greatly accelerate polarization. He believed that when an event like that happens, a populist leader, propelled by the Christian right, will demonize science and scientists and attempt to roll back the clock on regulations to squeeze as much capital and power out of the working class as possible. It didn't mean as much to me the first time I read it, I was still new to the concepts and constantly saying, "yeah yeah, okay bud, you're being a bit dramatic", but I read it again a couple months ago and hit really really hit different. I had to take ownership that I disregarded many things he said the first time I read it because I wasn't ready to say my entrenched beliefs might be wrong. One I'm listening to as an audiobook right now is Less is More by Jason Hickel. That is a book strictly focused on growthism and Hickel essentially debunks every angle that infinite growth believers use to try to say that economic growth can go on forever. It's a good book, but I wouldn't say it's exceptional. It's a touch one dimensional, but if you're interested in strengthening your knowledge of the mistakes of infinite growth from a finite planet, then it would be worth a listen. Another book that's been a help to me change my mind set and be better at saying, "I was wrong", is "Extreme Ownership" by Jacko Willink and Leif Babin. Ironically, it's meant to teach managers how to take responsibilities for mistakes made in their organization to maximize production and growth, however, it's helped me learn that I need to take ownership for my preconceived beliefs. I spent the majority of my life blaming the government for one problem or another, blaming immigrants for struggling to find a job or unaffordable housing. To be honest though, it's not either of those things. The government is confined by the capital systems it's increasingly entrenching itself in. Immigrants are just human beings like you and I looking for a better life. We should not demonize that. We should take ownership for our beliefs that we can blame our way out of these issues, and expect more of our economic system so *all human beings* have the opportunity for a good life. Every day we spend blaming each other is just another day the mega corporations and billionaires of capital continue to harness more wealth and power. We need to take ownership for our beliefs and make positive change towards an economic system that works for everyone.
Guys, this might be obvious to say, but be careful of bot comments recommending this or that advisors. These are likely meant to trick you into things. Be careful!!!
I've been seeing fake conversations like those all over UA-cam specifically on videos talking about the economy. Glad I'm not the only one who noticed.
@@AhmedRahman-b5s Always the same story line, it always amazes me how a video has maybe only 500 views world wide and ten of the viewers all have a portfolia with the recommended advisor, a fool and their money are easily parted, can't believe anybody falls for these scams.
Great Observation! Ive used too fall for these fake conversations until i consulted with a professional financial advisor such as Rick Astley. Thanks to Mr Astley i was able to make wife changing money. I cannot recommend him enough!
From my analysis, people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.
Consider diversifying by investing in stocks to complement your real estate holdings. Even during the toughest recessions, the market can present valuable buying opportunities if you're careful. Volatility can also create great short-term trading chances. This isn't formal financial advice, but with cash not being the best option right now, it might be a good time to invest.
Anticipate rising home prices due to inflation, potential economic fluctuations, and Federal Reserve actions, emphasizing the need for expert financial advice amid uncertainties.
Finding financial advisors like "Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@NorthCarolinaForward plus a severe shortage of homes due to many of us who refinanced down to 2.5% and are staying put. However, in markets like Florida where there's now an assessment on fixing up homes to make them more hurricane proof, plus sky-high insurance costs, expect those markets to implode. The big investment firms like Blackstone that bought into these areas in 2010, willing to pay whatever because they didn't need to qualify for loans, are now pulling out in some cases taking a loss.
The crash/recession/depression that just won't happen. I think it's crazy it hasn't happened already, but "it's coming. It's coming" just keeps my life locked in paralysis. Had to give up the crash and get to living.
The fact that most people think a crash is impossible is what scares me . I first started in stocks in 1981. Everyone said I was an idiot & only silly dreamers thought money could be made in stocks. The stock market was selling at 7 times earnings & the Dow had a 7% dividend yield. These valuations are not unusual. Stocks have traded at those levels many times in the past
You can’t take it with you folks. Enjoy your time. It’s the only real currency at the end of the day and the more of it you waste worrying about would COULD happen, the more you lose sight on what actually IS happening. We all serve a master. Find out what master you serve. Because money ain’t a good one .
Good words. I don’t believe buffet serves cash as a master, however. I mean, his idea of splurging for breakfast is a sausage egg McMuffin and even then he doesn’t do it every day.
I agree to some degree, but we are also called to be wise and pursue wisdom. That's how we get to videos like these in the first place, we're seeking wisdom. Don't ignore good advice and don't obsess over it either. I like to think Warren is a wise investor, and going against his wisdom does not seem prudent in this time. I appreciate this video and the comments I've read here, specifically. Keep pursuing wisdom, friends. Make a wise plan with careful consideration. May you all be blessed when you walk the path of discernment.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
*Marissa Lynn Babula* is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
It's not a drop. It's the end of a peak. These are not the same thing. That is the time when you sell off. This has nothing to do with recession. He's literally gonna buy them back for half the cost or less and pocket the difference. That's what you do with a peak.
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
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.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders
Jennifer Leigh Hickman is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Buffett doesn’t know anything we don’t. He got rid of the Apple stock because he was already 900% in the profit. If he didn’t believe in Apple, he would get rid of all of it. He’ll take the profit so he has plenty of cash to buy lots of companies that go down, very smart man
Buffet said why he cashed out on some positions: he believes there's going to be a change in policy when it comes to taxes - he has been pushing this politically too. He anticipated a tax event with a rate that he believes is the best he will ever get. Long story short, he chose to pay taxes now instead of paying more taxes in the future.
No I can confirm he does has insider info! He is old enough and experienced enough and has rubbed elbows with enough ppl to know EXACTLY what he’s talking about and what he’s doing!
Apple had grown so much that it was taking up too large a portion of their portfolio. It grew that much. They didn't even sell all of it- They just wanted to reallocate to balance their portfolio.
Take Berkshires cash and bond holdings. Then minus out their DEBT. They only have 15% liquidity at their current market cap. This is like a person with $100,000 having $85,000 invested and $15,000 on the sidelines. Buffett isn't cashing out. Joe Kennedy went to ALL CASH before the great depression.
I've sold every stock I have after this year's 42% return. I've never had a year under 25%, but this year has been monstrous. No way this is holding up. I'm doing the exact same thing, waiting for opportunities to buy.
Preparing for the Impending Great Depression: Strategies for Thriving During The Great Reset. Wondering about the right timing for stock investments? Curious about the timeline for a complete economic recovery? Puzzled about how some individuals are generating over $450k in profits within months in the current market scenario? These questions have left me perplexed.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors 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.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Credits goes to " Vivian Jean Wilhelm " one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
Wasn’t much of a shock. Most stocks are way overpriced. Buffet is a value investor. All you have to do is look up the book value of most companies to realize they aren’t a good buy. That’s why he has so much cash
Book value doesn't really matter as much as it did in the old days. The value of customers (aka goodwill) will always mean that companies are priced above book. The only time book matters is if a company is so impaired and has no customers that you value at book (Kodak post 1997 or so, Groupon).
It's only overpriced if it drops. If it goes up further, it seems to have been underpriced. The value of a company single-handedly depends on what society values it at.
@@diffenedSo there's a surplus of jobs or there are help wanted signs because no one in your blue state isn't lazy? Please tell me what state you live in that has a strong work force and still they don't have enough workers. I gotta see those numbers!
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
A lot of folks downplay the role of advisors 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 have a female advisor named Jessica Lee Horst. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
"Is a depression even possible anymore? Remember Covid, remember 2008, the 1958 Eisenhower recession! I say nay nay nay." Thank you Mr. Kingsbarns, wise words from a talking horse.
Never say never. Many of the safe guards for the great depression have been removed. This is not 1958. Today, we have the highest personal debt in history. In 1958, gambling was limited to Los Vegas, today gambling is everywhere. You can bet on anything via your IPhone. Credit card for the average person were limited to Department Stores. Only the upper class could use the Diners Card to buy a dinner, and only the best restaurants accept Diner's Card. In 1958, the U.S.A. what the #1 manufacturer in the world. GM, IBM, & U.S.Steel were the top companies in the world. Today, Apple is one of the most profitable companies, but how long can Apple sell new and improved IPhones. Tesla is the most valuable car company. Tesla is worth more, than GM & Ford combined, but Tesla has never made a profit. Tesla EV's are in a slump. The NYSE is over valued. The Fed print too much money, and the Democrats went to far in debt under Covid19.
*being desciplined and right descision and advice would sustain your wealth, Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every week*
I love that Buffet had a box of See's candy in front of him-- there's nothing so bad that some good chocolates can't fix it. As an ex-Californian, I can say that See's is one of the best things to come out of that state :)
Might be the only good thing. I know the occupants of your state aren't good exports. I've met many of them renting my Airbnbs to them since nobody can leave that state fast enough!
Deflation is great, far superior to inflation. Lower prices improves the standard of living. The only reason governments (not people) fear deflation is because the system currently prioritizes debt and inflation. Those who can afford to be leveraged to the hilt (the rich and connected) don't want deflation because it hurts debtors. Governments need inflation as its hidden tax. Lower prices are a sign of an improving, more productive economy.
Companies will layoff folks of their top line and bottom line ain't there due to deflation but it's good for consumers but not so much for workers with 85% consuming economy
@@weswest8666 Deflation is great for savers too. Govt and many "rich" people actually would get hurt by deflation if they're the types who have been buying everything up on credit and paying it off with inflation.
@@nova396 The "rich" really aren't hurt by anything. If you are worth 2 billion and then your worth is cut in half to one billion, your lifestyle has not been affected whatsoever.
When people want a depression or recession thinking that I will be well placed and will be ready to take advantage of the situation because you are financially well off or has lot of cash at hand to take advantage of the situation is exactly why a depression or recession doesn’t happen , there are too many people waiting for this to happen that when it happens the first sight of it will cause prices to shoot back up , the only chance when this happens is when everybody throws in the towel . Nobody will do well in these situation .
That's why I'm calling it for either right after the election or not long after the next inauguration. No matter who wins, it will lead half the country into despair and apocalyptic thoughts based on how the 2 major parties have presented each other to their bases.
True but when it comes it’s always bigger than we thought and a longer process. As much as people think they are ready they are really not. I remember in 2011 looking at homes the list was over 50 homes and it was draining
It's not that, it's that the markets are preferring capital over labor for a long time now. People who don't have a huge stock portfolio or own housing can never keep up. The markets popping mean that labor starts to be valued relatively higher to capital. The labor providers would rather have lower asset (housing) prices because wages haven't been rising enough.
Psychedelics are just an exceptional mental health breakthrough. It's quite fascinating how effective they are against depression and anxiety. Saved my life.
Can you help with the reliable source I would really appreciate it. Many people talk about mushrooms and psychedelics but nobody talks about where to get them. Very hard to get a reliable source here in Australia. Really need!
Yes, dr.sporees I have the same experience with anxiety, depression, PTSD and addiction and Mushrooms definitely made a huge huge difference to why am clean today.
When stock value goes down, the money isn't exchanged to another party: no, it vanishes Purchasing power is reduced (*even further?). Inventory builds up. Layoffs are announced. Unemployment benefits are stretched. Labor strikes are more likely. Stock options are converted into bank balances. People sometimes move to cheaper areas. The jet-age was filled with consumption and production and advances. The digital and information age provide a murkier future outlook. They raised the floor ... but forgot to put in the steps.
No. They trick you into thinking house prices go up in value. When in reality the currency has been going down in value for decades. In other words, your life's labour has been worth less and less and lees.
Only piece that does not make sense on the reasoning for the bubble and its popping: The loans they took from Japan would have a locked in rate. If Japan increased their interest rate, why would these borrowers "have to liquidate their stocks" to pay the loan back? Those original loans are still at the old rate. This would only affect new loans...something doesn't add up.
Not a pro here but this is what I understand (all numbers assumed, oversimplified whole process) A person borrows from Japanese bank YENs that he converts into (let's say) 100k USD Let's assume that with interest rates of Japan person will have to give back 101k USD worth of YEN. Not that much more. Person invests in stock that gives 10k USD profit over year. Minus 1k USD interest gives 9k USD pure profit. Cool But if YEN's exchange rate goes up by 11% person has to pay bank not 101k but 112k. That's over profit from investing into stock. Person ends up loosing money. Correct me if I'm wrong
Commercial loans are different from your family Mortgage. These loans are NOT fixed and have to be re-financed every 5 years as interest rates change through time.
@@Skip15pl But they can just not pay back the loan and only pay back the interest, right? As long as they set aside some yen, it will increase too and they'll be able to maintain interest payments and ride out economic issues. I don't see an issue unless it carries on for a very long time and depletes the investor's reserves.
The people that enjoyed their youth in the roaring 20's were lucky, the next generation struggled to eat. The poor kids that landed on D-day vs the kids 5 years later that entered an economy second to none in the world. Some generations get it rough.
Youth in the roaring 20's also included the great depression, and it was those same kids who would go on to fight WW2. I don't think you understand how generations work
Buffett has billions to play with. If he loses, he's still a billionaire. This is clickbait or ignorance. You can't time the market. If you want 10% or higher returns, you can't be in bonds. The Buffet Indicator @2:17 shows a peak in 2000 and the crash hit in 2007.
@@Bryan-zo6ng They said the Chinese housing ponzi could never end but it did. A lot of naysayers out there. The smart money has already funneled into gold knowing full well what's coming for U.S. stocks.
Warren Buffett once said to treat investing in securities like real estate-you don't constantly check for gains. So, the recent bitcoin price drop doesn't bother me. I keep dollar-cost averaging and adding to my position, and I'm up 200% year-to-date because of this strategy.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
During bear markets, aim to 5x your portfolio by accumulating crypto and reinvesting dividends. Consult a financial advisor for help. Since 2020, my $1.2m portfolio has averaged 28% annually through restructuring with growth stocks, ETFs, mutual funds, and REITs.
I’m careful about giving specific advice since everyone’s situation is different. You might want to consider an independent financial advisor like *"Rachel Sarah Parrish"* . I’ve worked with her for two years and highly recommend her. See if she fits your needs.
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
It is so very wrong to say Mr Buffett is expecting a crash because he doesn't time the market. When he sells his shares, he carefully compares profitability of his cash position (mostly treasury bills) against the long term growth of the company. Besides Berkshire has always maintained significant cash position. In numerous interviews and during stock holder meetings, Buffett clearly stated that selling stocks in anticipaton of a recession is not one of his strategies.
So far, the rule--"The Consumer Must Be Rescued!"-- is the cardinal mandate during difficult economic times, especially for the U.S.A. This should be interesting to watch during four years of Trump Administration, likely the last four years of my life at 72.
I was listening to Warren Buffett one day on TV and he was talking about financial literacy and he said it should be taught in the fourth grade I wish political operatives would listen if people understood how to invest how to gain generational wealth what’s an ETF what’s an index fund? How do use insurance productsin their first years out of school making money. Those are very important years and gaining financial wealth. If they know what to do when they get out of school, it could be powerful. Nobody’s listening nobody wanna teach this they want to keep our people absolutely stupid.
at 2:00 you describe the reciprocal of the buffett indicator when you talk about how it is calculated. It’s value/GDP, otherwise you’d be calculating how UNDERvalued stocks are.
The stock market may be climbing but many big tech CEOs are dumping their own stock by the millions, all the while telling retail investors that everything was fine. In other words the "free market" working as designed: enrich the 1% while beggaring the rest of us.
As they say "Don't wait to buy real estate, buy real estate and wait", specifically single family homes, only in good locations , based on schools, safety and crime to attract good tenant who will pay and stay, it only took me 30 years to figure that out, then grow rich with inflation on rents and values
in Canada the renters never pay at the end of the month or any month. They take about 3 years to finally get kicked out and then they do the same thing all over again.
We are already in a recession, but that will not be officially recognized until after the US elections in early November. My degree is in IT, not economics or business administration, and even I realized we were in a stock bubble. Last month I sold all my stocks. I put all that money, and some extra into a two-year CD, because I don't think even bonds are safe. Warren Buffet confirmed what I already believed, that stocks will start crashing by the end of 2024. I doubt things will be as bad as 1929, but they could easily be worse than 2008.
Ive got an invest for dummies question. God forbid everything crashes. Would that be a good time to buy normally pricey stocks that have lost value? I mean things will eventually rise again right? Curious what ya'll think.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Individuals can seek counsel from a certified financial advisor, who can provide specialized advice and methods to decrease expenses and maximize income.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
‘’Marisa Michelle Litwinsky’’ 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.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
It's just like the GameStop stock situation. Except theve backed our entire economy on Japan yen tanking. Roughly 20-40% of our economy is based on rich people hoping Japan tanks. The second they did one little thing to try and not be fucked over, trillions of stocks and crypto holdings were liquidated causing a staunch drop in both environments. All in all I think Japan should double the rate (and it still wouldn't even be 1% interest rate.) and maybe I can afford a home in my lifetime.
Alternate hypothesis for Warren - He sees US tax rates changing for corporations. He is collecting cash before the tax rates change. He said that during the same conference, but I guess that doesn’t fit your analysis.
Actually Buffet has been very transparent about this, I don't know why every single video fails to mention this - I mean, I know, but you're doing a disservice to people.
The part that I don't understand for the japanese carry trade is this - the yen to usd chart also experienced about a 7.5% upwards move back in late 2023, so why didn't we have a collapse then also? stocks actually went up from late october 2023 through the end of the year with almost no meaningful pullback at all. Why was 11% enough to cause a collapse but that 7.5% was not?
1 - How often does an individual or investment company have a 48% allocation? Not very often. 2 - He has been building his cash reserve for 7yrs - slowly - Apple just presented an opportunity (possibly a large dividend / return of capital payment to shareholders 3 - Timing - Buffett has been right 80-90% of time over 60yr history; Selling in late summer - several major stock market events have occurred in fall - 1929 and 1987.
I realize it's not a pleasant subject, but I can't overlook the fact that Warren Buffett is 93 years old, and he just saw the passing of his life-long business partner a few months ago. I would say it's entirely possible that his decision to start liquifying assets might be more of a personal decision then an economic one.
When I can " lock into" fixed returns i.e. tax-free municipal bonds, or CDs at favorable rates and term length, why wouldn't you? Just stagger the maturity dates , so investment principal becomes available on stagged monthly maturity dates. This also makes me truly evaluate where, when, and how much to invest into a company. As Warren Buffet and Charlie Munger have said,when quoting Ted Williams, it's only a strike if you swing at it, take your time, and wait for your pitch.
How do you know so much more than these average channels that boast to know what's going on? This video isn't only about Warren Buffet, but also about the US and Japan economy and how their rate changes are affecting the world!
Watch what he does and not what anyone says. I have been following Buffet and I'm copying his actions. I sold before the drop a few weeks ago and happy to sit in cash equivalents until Buffet starts buying again.
I love those "read between the lines" videos because often times you can save them up, come a couple of years later and hope they won't have removed the video out of shame and backlash over false information 😂
Something I've been considering in all this is the effect of outside investment. So, I don't disagree that it looks like a bubble and this can't go on for long, there surely has to be a correction coming. But at the same time I am considering this... What about the globalization of the world and implication of tech in the hands of the common people. Nowadays everyone with a smartphone can get a brokerage account through one of the many apps and, fee free, invest in our stock market. Common folk, and I mean people who have never invested in their life, can easily just put some money in the US stock market because it is a good investment. They aren't looking at value or P/E ratios or whatever. They just put money where it looks good. Doesn't this, in effect, open up the doors to TRILLIONS, of new money that is able to be poured into our markets? What do you all think? I don't have data to back me up, just something I am thinking about as I contemplate whether to pull my money to a high interest savings account or not. Honestly, I would like other thoughts on this too. I think it radically changes the market dynamics so that the past is no longer even valid!
@@RonaldSkancke U.S. stocks today are the most overvalued in all of history. Buy deep out of the money puts on the major U.S. stock indexes each month that's what I do. I wouldn't put my worst enemy's money into U.S. stocks.
It’s scary to think you’re probably right. I own some expensive real estate that I only owe about a half of what it’s worth. Do you think it’s time for me to sell?
You are looking at Indexes, They are manipulated bad performers are removed and good are added so they will always go up. There is 10's of thousands of stocks that have not moved at all.
It’s common sense. In order to cut Fed must increase money supply. That spikes inflation. Bond holders then require higher yield on long term bonds which will cause long term rates to go up, while the fed is dropping short term rates. The fed obviously knows economics and knows this. But, their purpose is to save a dying economy at the expense of higher long term rates, until the collapse happens - in other words the rate cuts are designed to “kick the can down the road” at the expense of a worse collapse. The final conclusion can only be that this is a controlled collapse, engineered as the great economic reset with the participants being the fed, well for me tho Bitcoin is the ultimate defence against a tyrannical government.r.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Th young people who now control the stock market have been buying the dip for years now and become rich doing it, but there is no foundation under the market. A fire burns hot as long as you pour gas on it,but quickly goes out, and reality always wins is the end,many people will be crushed because they do not realize that everything has changed.
I were never buying stocks cause with my luck once i started the market would crash. Well.. i gave in and started buying some stocks about 5 months ago... So...yeah..
Don’t stop buying. Buy quality companies at regular intervals. Wish I would have after 2000 when I said the same thing. I would be a multimillionaire today so now I’m 😢
@@probablybigk9121 That didn't work in 1929 and the U.S. stock market today is much more overvlaued than stock in the summer of 1929. Your advice will put this person in the poorhou9se.
@@parkerbohnn I’ve been hearing that since 1988. Wisdom is to have wealth diversified. If the stock market collapses totally then nothing has value except clothing, food and shelter.
This video is based on the narrative that Buffet sold Apple stocks to build his cash !!! That may not be true; most likely he sold it because Apple growth potential is very low because of limited demand and competition with Chinese brands. The market makes corrections from time to time, and the current one is just another one, NOT a Depression.
Oh, gee! This is going to happen, perhaps early in Trump's second term. Um what president would want that? Given that administration's incompetence, illustrated by the current nightmare of nominations to Trump's cabinet for the second term, 2025--2029, could another Great Depression happen as the whole financial world collapses? Very possibly. Guess I better talk to my people at Stifel . . . .
We did not learn our lesson (we never do) from 2008. When houses become investments, rather than being simple places to live, they will go through the same rise and crash cycles as the investment economy. Rents are out of whack as landlords are raking in their profits, and taxing bureaus, realtors, and homeowners love when the value of their "investment" goes up, with no concurrent increase in its inherent value.
The AI Bubble held everything up, but the bubble will eventually explode, because there is literally nothing, besides some chatGPT-like playings and "human work away taking robots"
Even more importantly than interest rates is money supply. The Fed quadrupled the M1 money supply in 2020. When the Fed increases the money supply it has to go somewhere. Better it goes into investments than consumer goods. The problem is single family homes have become investment vehicles and have been priced out of the grasp of many Americans. Excessively manipulating money supplies always comes back to bite you. Unless the Fed takes that excess liquidity out of the money supply or it moves to another area of the economy the market will stay overvalued. What I expect is the market will stagnate for a decade or more and drastically reduced overall lower returns will be the norm.
Im no expert, but I've seen it suggested that if you remove accomodation from the mix (which is lagging) the US economy is either level or in *Deflation*
Recent prices may indicate deflation. But prices are higher than 2 years ago, so need more deflation to get back to that level. Most people don't see deflation lasting that long. Maybe farm product prices, since crops can increase or decrease based on how good the crop is.
I've read so many comments asking "what should I do?" Two things: First I guess you're here because your're concerned about a looming recession or crash. - - Me too. Second this video (or one llike it) tells us that Buffett has loads of cash so he can pick up cheap stocks once the market jumps out of the window. So for me (unqualified) I'm going to hold 40% of my wealth in a money management fund or savings account making (3-5%pa) 40% in diversified income producind mid-cap funds (6-9%pa) and the rest is already invested in O&G legacy shares following a cash and shares takeover (growth only). In other words up your cash like the great man (but don't go mad).
A massive deflationary event fixes all of the FED's problems, its silly to think they don't want it to happen. Buffet is just front-running it because he attends meetings the rest of us don't.
How can we protect ourselves from the anticipated financial reset in 2024? What are the best strategies to make our portfolios resilient against this potential reset? I'm particularly concerned about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been gaining at least 25-30k every quarter so I’ve been sticking to investing via an Advis0r.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
"Does Warren know something we don't?" Yeah, it's called insider trading and when you get to that level and all your friends own all the important stuff, you're going to be insider trading all the time.
A10% drop from an over heated market… another 10% would bring it to ‘normality’ I’m investing in undervalued UK, US markets are just far too high to be sustainable.
@@Lineside A 90 percent correction would be needed to bring U.S. stocks back to fair market value. We've been waiting a long time for the second shoe to drop from the '87 crash but certainly a retest of the 1987 lows is in the cards.
@@marcob.7801 yeah well in my areas no one leaves good firms The crazy turn over ones are hiring but know better My ex coworker offered me a jerb but I hate her and I am no hypocrite
@@everthingbutterflyz3370 As a former business owner I agree with you. If anything, an even higher demand in a recession, IF they are worth their salt! One CANNOT become a CPA w/o an MBA, BTW!
Buffet is brilliant but he’s not perfect … he made numerous mistakes in investing in airlines and even panicking and selling his airline stocks during COVID . He missed out on AAPL when he first invested in IBM . I think it’s a mistake selling AAPL… well there’s nothing wrong in collecting your gains … I guess probably we are just reading too much into his selling … maybe he just wants to have a better margin of safety .
Personally, I'm worried about a crash. I don't think it will be to a depression level though. To play devil's advocate... Warren Buffet is getting pretty old so he could just be selling shares and repositioning in the event he dies. This would give Berkshire's new leadership the ability to pivot and create a strategy going forward. Warren also said he would give away a good portion of his wealth after death so he could be positioning in cash to make that easier and skirt any short term volatility when it's given away. The man isn't going to live forever and he is rational so has probably been planning for this in a way that makes it easier to use his wealth without messing up when he passes.
Check out the Nest Thermostat! Save on energy bills and boost your home's value.
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No thanks, don’t want the government to be able to control my heat or air
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You won't save a dime with the nest.
@@ryanglover4549 And your house isn't worth more if you have it.
Take your commercial ad and lobby MSNBC, CNN, Fox and the other western media to push it along with their talk shows.
I'm 30 years old. I got my first job about 15 years ago in 2009. So far, in my short working career, I've experienced three "generation changing, once in a life time" economic events. Events where millions of people will lose their homes, get laid off, and struggle for basic necessities. Events where trillions of dollars of wealth will be transferred from the masses to the 1%. Events where mega corporations will swoop in, buy up mass amounts of foreclosed homes for cheap, takeover merges accel to increase market concentration and corporate giants enter in new markets leaving swaths of struggling small business dead in their wake.
I no longer believe that these are freak accidents that better understanding of markets will prevent. This is just Capitalism. These economic catastrophes will continue to happen every decade or so for as long "growth for the sake of growth" is the sole measure of a successful economy.
😂 you mean 1989 and 2008 bid there done that. And if you have not learned about this read a book.
@@Alpharizzchad I mean the 2008 GFC and global supply change shortages at the start of the pandemic. Now a few years later, we're expected to brace for a 3rd.
Thank you for your advice though, I read many books when I got my degree in International Business. I can recommend some if you're interested.
I am not an extremely educated person in terms of markets but would be cool with a book recommendation.
I feel the same way, using GDP growth as the main indicator of a good economy is like driving towards a cliff. In a world so finite, we want to play on an infinite scale.
We are about the same age, i agree
@@nategreen3565 I think one of the books that stands out to me the most now, given where we're at in Western society, is Dark Age America by John Michael Greer. Although he wrote it... 12ish? years ago, he essentially predicted where we are today. Saying that he believes that the next global catastrophe, such as a pandemic will greatly accelerate polarization. He believed that when an event like that happens, a populist leader, propelled by the Christian right, will demonize science and scientists and attempt to roll back the clock on regulations to squeeze as much capital and power out of the working class as possible. It didn't mean as much to me the first time I read it, I was still new to the concepts and constantly saying, "yeah yeah, okay bud, you're being a bit dramatic", but I read it again a couple months ago and hit really really hit different. I had to take ownership that I disregarded many things he said the first time I read it because I wasn't ready to say my entrenched beliefs might be wrong.
One I'm listening to as an audiobook right now is Less is More by Jason Hickel. That is a book strictly focused on growthism and Hickel essentially debunks every angle that infinite growth believers use to try to say that economic growth can go on forever. It's a good book, but I wouldn't say it's exceptional. It's a touch one dimensional, but if you're interested in strengthening your knowledge of the mistakes of infinite growth from a finite planet, then it would be worth a listen.
Another book that's been a help to me change my mind set and be better at saying, "I was wrong", is "Extreme Ownership" by Jacko Willink and Leif Babin. Ironically, it's meant to teach managers how to take responsibilities for mistakes made in their organization to maximize production and growth, however, it's helped me learn that I need to take ownership for my preconceived beliefs. I spent the majority of my life blaming the government for one problem or another, blaming immigrants for struggling to find a job or unaffordable housing. To be honest though, it's not either of those things. The government is confined by the capital systems it's increasingly entrenching itself in. Immigrants are just human beings like you and I looking for a better life. We should not demonize that. We should take ownership for our beliefs that we can blame our way out of these issues, and expect more of our economic system so *all human beings* have the opportunity for a good life. Every day we spend blaming each other is just another day the mega corporations and billionaires of capital continue to harness more wealth and power. We need to take ownership for our beliefs and make positive change towards an economic system that works for everyone.
Guys, this might be obvious to say, but be careful of bot comments recommending this or that advisors. These are likely meant to trick you into things. Be careful!!!
I've been seeing fake conversations like those all over UA-cam specifically on videos talking about the economy. Glad I'm not the only one who noticed.
@@iamnotafraid Yea man, glad you see it too. Stuff is wild!
@@AhmedRahman-b5s Always the same story line, it always amazes me how a video has maybe only 500 views world wide and ten of the viewers all have a portfolia with the recommended advisor, a fool and their money are easily parted, can't believe anybody falls for these scams.
Great Observation! Ive used too fall for these fake conversations until i consulted with a professional financial advisor such as Rick Astley. Thanks to Mr Astley i was able to make wife changing money. I cannot recommend him enough!
@@southpaw3524I’m with Mr Rick Astley too, as he’s never gonna give me up
From my analysis, people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.
Consider diversifying by investing in stocks to complement your real estate holdings. Even during the toughest recessions, the market can present valuable buying opportunities if you're careful. Volatility can also create great short-term trading chances. This isn't formal financial advice, but with cash not being the best option right now, it might be a good time to invest.
Anticipate rising home prices due to inflation, potential economic fluctuations, and Federal Reserve actions, emphasizing the need for expert financial advice amid uncertainties.
pls how can I reach this expert, I need someone to help me manage my portfolio.
Finding financial advisors like "Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@NorthCarolinaForward plus a severe shortage of homes due to many of us who refinanced down to 2.5% and are staying put. However, in markets like Florida where there's now an assessment on fixing up homes to make them more hurricane proof, plus sky-high insurance costs, expect those markets to implode. The big investment firms like Blackstone that bought into these areas in 2010, willing to pay whatever because they didn't need to qualify for loans, are now pulling out in some cases taking a loss.
And, this is before the disastrous policies of the new Administration.
The crash/recession/depression that just won't happen. I think it's crazy it hasn't happened already, but "it's coming. It's coming" just keeps my life locked in paralysis. Had to give up the crash and get to living.
The fact that most people think a crash is impossible is what scares me . I first started in stocks in 1981. Everyone said I was an idiot & only silly dreamers thought money could be made in stocks. The stock market was selling at 7 times earnings & the Dow had a 7% dividend yield. These valuations are not unusual. Stocks have traded at those levels many times in the past
This hits. But then again they say when every last bear capitulates, that’s when the crash happens. So i continue to be stuck
My sentiments exactly.
between november and march the crash will happen
Yep now that are grandparents that lived in the last one are gone... oh look at the time roaring 20's already!
You can’t take it with you folks. Enjoy your time. It’s the only real currency at the end of the day and the more of it you waste worrying about would COULD happen, the more you lose sight on what actually IS happening. We all serve a master. Find out what master you serve. Because money ain’t a good one .
Matthew 6:24 ✝️🌹🙏🏼🕊️
Amen!
that was nicely put mate
Good words. I don’t believe buffet serves cash as a master, however. I mean, his idea of splurging for breakfast is a sausage egg McMuffin and even then he doesn’t do it every day.
I agree to some degree, but we are also called to be wise and pursue wisdom. That's how we get to videos like these in the first place, we're seeking wisdom. Don't ignore good advice and don't obsess over it either. I like to think Warren is a wise investor, and going against his wisdom does not seem prudent in this time. I appreciate this video and the comments I've read here, specifically. Keep pursuing wisdom, friends. Make a wise plan with careful consideration. May you all be blessed when you walk the path of discernment.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
for majority, the solution to their problem can be found in specialized knowledge, so can as well seek guidance from a well experienced advisor
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
Hey friend, How can I work with your Fiduciary?
*Marissa Lynn Babula* is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!
It's not a drop. It's the end of a peak. These are not the same thing.
That is the time when you sell off. This has nothing to do with recession. He's literally gonna buy them back for half the cost or less and pocket the difference. That's what you do with a peak.
I'll buy back in when everything drops 90+ percent and not until then.
In the words of Robert Prector the end of the grand supercyle.
90+% lmao this isnt crypto brother@@parkerbohnn
@parkerbohnn thats my plan as well, should have done it in 2020, i wont make that mistake this time.
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
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.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders
Sounds interesting! Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Jennifer Leigh Hickman is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Wow, her track record looks really good. i just searched her name, messaged, and I also scheduled a call with herI
Buffett doesn’t know anything we don’t. He got rid of the Apple stock because he was already 900% in the profit. If he didn’t believe in Apple, he would get rid of all of it. He’ll take the profit so he has plenty of cash to buy lots of companies that go down, very smart man
Can you tell me when the market would go up again? Like an estimation, thanks
Buffet said why he cashed out on some positions: he believes there's going to be a change in policy when it comes to taxes - he has been pushing this politically too.
He anticipated a tax event with a rate that he believes is the best he will ever get.
Long story short, he chose to pay taxes now instead of paying more taxes in the future.
Umh, yeah. What you said. 👍
No I can confirm he does has insider info! He is old enough and experienced enough and has rubbed elbows with enough ppl to know EXACTLY what he’s talking about and what he’s doing!
The market is not going to crush anytime soon because if it was then it would have totally crushed on 2008.
ANYTIME you see a billionaire sell millions in stock all at once tells me THEY KNOW SOMETHING IS COMING UP FAST AND THEY WANT TO BE READY FOR IT.
Apple had grown so much that it was taking up too large a portion of their portfolio. It grew that much. They didn't even sell all of it- They just wanted to reallocate to balance their portfolio.
@@JohnDavid-kc9kt Yes, that's what I think, and nobody is talking about that.
Take Berkshires cash and bond holdings.
Then minus out their DEBT.
They only have 15% liquidity at their current market cap.
This is like a person with $100,000 having $85,000 invested and $15,000 on the sidelines.
Buffett isn't cashing out.
Joe Kennedy went to ALL CASH before the great depression.
His firends in the know must be buying all the puts or doing the short selling for him as to not arouse suspicion.
If you believe this, just buy Berkshire Hathaway.
I've sold every stock I have after this year's 42% return. I've never had a year under 25%, but this year has been monstrous. No way this is holding up. I'm doing the exact same thing, waiting for opportunities to buy.
I've been short since the '87 crash.
Probably wasn't the best idea to sell off all your stocks... Everything has soared even higher since this video was posted.
@@jeffolsen2015 I kept Crypto. Whatever I sold has gone down around 10%
Preparing for the Impending Great Depression: Strategies for Thriving During The Great Reset. Wondering about the right timing for stock investments? Curious about the timeline for a complete economic recovery? Puzzled about how some individuals are generating over $450k in profits within months in the current market scenario? These questions have left me perplexed.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors 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.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Credits goes to " Vivian Jean Wilhelm " one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
Wasn’t much of a shock. Most stocks are way overpriced. Buffet is a value investor. All you have to do is look up the book value of most companies to realize they aren’t a good buy. That’s why he has so much cash
Book value doesn't really matter as much as it did in the old days. The value of customers (aka goodwill) will always mean that companies are priced above book. The only time book matters is if a company is so impaired and has no customers that you value at book (Kodak post 1997 or so, Groupon).
precisely
It's only overpriced if it drops. If it goes up further, it seems to have been underpriced. The value of a company single-handedly depends on what society values it at.
There way overpriced!
All stocks are about ten times what they should be.
You really couldn’t have explained this any better
We’ve been warned about a depression since 2019. I suppose that eventually the predictors will get it right.
Yep, exactly! Well pointed
Graduated in 2008. It's been nothing but repeated recessions everytime you manage to pick yourself back up.
What's your field?
Yeah no shit
Recession? You must be in a poorly run red state. The blue state I live in has jobs posted everywhere and very low unemployment. Good luck to you.
@@diffened ok Kamalaugh. Blue states are absolute chit.
@@diffenedSo there's a surplus of jobs or there are help wanted signs because no one in your blue state isn't lazy? Please tell me what state you live in that has a strong work force and still they don't have enough workers. I gotta see those numbers!
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
A lot of folks downplay the role of advisors 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 could really use the expertise of this advisors.
I have a female advisor named Jessica Lee Horst. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
"Is a depression even possible anymore? Remember Covid, remember 2008, the 1958 Eisenhower recession! I say nay nay nay."
Thank you Mr. Kingsbarns, wise words from a talking horse.
Never say never. Many of the safe guards for the great depression have been removed. This is not 1958.
Today, we have the highest personal debt in history.
In 1958, gambling was limited to Los Vegas, today gambling is everywhere. You can bet on anything via your IPhone.
Credit card for the average person were limited to Department Stores. Only the upper class could use the Diners Card to buy a dinner, and only the best restaurants accept Diner's Card.
In 1958, the U.S.A. what the #1 manufacturer in the world. GM, IBM, & U.S.Steel were the top companies in the world. Today, Apple is one of the most profitable companies, but how long can Apple sell new and improved IPhones. Tesla is the most valuable car company. Tesla is worth more, than GM & Ford combined, but Tesla has never made a profit. Tesla EV's are in a slump.
The NYSE is over valued.
The Fed print too much money, and the Democrats went to far in debt under Covid19.
*being desciplined and right descision and advice would sustain your wealth, Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every week*
I love that Buffet had a box of See's candy in front of him-- there's nothing so bad that some good chocolates can't fix it. As an ex-Californian, I can say that See's is one of the best things to come out of that state :)
Might be the only good thing. I know the occupants of your state aren't good exports. I've met many of them renting my Airbnbs to them since nobody can leave that state fast enough!
Deflation is great, far superior to inflation. Lower prices improves the standard of living. The only reason governments (not people) fear deflation is because the system currently prioritizes debt and inflation. Those who can afford to be leveraged to the hilt (the rich and connected) don't want deflation because it hurts debtors. Governments need inflation as its hidden tax. Lower prices are a sign of an improving, more productive economy.
Deflation is great if you are wealthy or can remain employed during deflation period.
Companies will layoff folks of their top line and bottom line ain't there due to deflation but it's good for consumers but not so much for workers with 85% consuming economy
@@weswest8666 Deflation is great for savers too. Govt and many "rich" people actually would get hurt by deflation if they're the types who have been buying everything up on credit and paying it off with inflation.
Utter nonsense. The "rich" are especially hurt with deflation. You know nothing about economics. Embarrassing.
@@nova396 The "rich" really aren't hurt by anything. If you are worth 2 billion and then your worth is cut in half to one billion, your lifestyle has not been affected whatsoever.
When people want a depression or recession thinking that I will be well placed and will be ready to take advantage of the situation because you are financially well off or has lot of cash at hand to take advantage of the situation is exactly why a depression or recession doesn’t happen , there are too many people waiting for this to happen that when it happens the first sight of it will cause prices to shoot back up , the only chance when this happens is when everybody throws in the towel . Nobody will do well in these situation .
That's why I'm calling it for either right after the election or not long after the next inauguration. No matter who wins, it will lead half the country into despair and apocalyptic thoughts based on how the 2 major parties have presented each other to their bases.
That will happen after 2030
True but when it comes it’s always bigger than we thought and a longer process. As much as people think they are ready they are really not. I remember in 2011 looking at homes the list was over 50 homes and it was draining
It's not that, it's that the markets are preferring capital over labor for a long time now. People who don't have a huge stock portfolio or own housing can never keep up. The markets popping mean that labor starts to be valued relatively higher to capital. The labor providers would rather have lower asset (housing) prices because wages haven't been rising enough.
@@marksweeney5237 Warren Buffett had an advantage , he started early in his life , just because you get it right you won’t again .
Psychedelics are just an exceptional mental health breakthrough. It's quite fascinating how effective they are against depression and anxiety. Saved my life.
Can you help with the reliable source I would really appreciate it. Many people talk about mushrooms and psychedelics but nobody talks about where to get them. Very hard to get a reliable source here in Australia. Really need!
Yes, dr.sporees I have the same experience with anxiety, depression, PTSD and addiction and Mushrooms definitely made a huge huge difference to why am clean today.
Anxiety happens when you think you have to figure out everything all at once.
Breathe. You're strong. You got this Take it day by
day.
Is he on instagram?
Yes he is. dr.sporees
When stock value goes down, the money isn't exchanged to another party: no, it vanishes Purchasing power is reduced (*even further?). Inventory builds up. Layoffs are announced. Unemployment benefits are stretched. Labor strikes are more likely. Stock options are converted into bank balances. People sometimes move to cheaper areas. The jet-age was filled with consumption and production and advances. The digital and information age provide a murkier future outlook. They raised the floor ... but forgot to put in the steps.
Americans are sick of the corruption,greed & price gouging!!!!!!
you mean sick of repugnant policies, Americans have been getting cheated for decades. All our problems stem from wealth inequality
The moral of the story, "Governments artificially decrease supply to increase demand." AKA the current housing market.
No. They trick you into thinking house prices go up in value. When in reality the currency has been going down in value for decades. In other words, your life's labour has been worth less and less and lees.
@@intimatespearfisher "In other words, your life's labour has been worth less and less and lees."
said a renter
Private equity firms gobbled up the supply to be AirBnB lords. That’s why we have no supply.
The government which is full of haves, does things to keep their stuff and prevent the have-nots from having. Who would've thought.
They did it to try to prevent loss when the boomers died off but the cure is as bad as what could have happened
Only piece that does not make sense on the reasoning for the bubble and its popping: The loans they took from Japan would have a locked in rate. If Japan increased their interest rate, why would these borrowers "have to liquidate their stocks" to pay the loan back? Those original loans are still at the old rate. This would only affect new loans...something doesn't add up.
the conversion rate is unfavorable. it's not about the interest rate.
Not a pro here but this is what I understand (all numbers assumed, oversimplified whole process)
A person borrows from Japanese bank YENs that he converts into (let's say) 100k USD
Let's assume that with interest rates of Japan person will have to give back 101k USD worth of YEN. Not that much more.
Person invests in stock that gives 10k USD profit over year. Minus 1k USD interest gives 9k USD pure profit. Cool
But if YEN's exchange rate goes up by 11% person has to pay bank not 101k but 112k. That's over profit from investing into stock.
Person ends up loosing money.
Correct me if I'm wrong
They know American stocks are worth about 10 percent of what they trade at.
Commercial loans are different from your family Mortgage.
These loans are NOT fixed and have to be re-financed every 5 years as interest rates change through time.
@@Skip15pl But they can just not pay back the loan and only pay back the interest, right? As long as they set aside some yen, it will increase too and they'll be able to maintain interest payments and ride out economic issues. I don't see an issue unless it carries on for a very long time and depletes the investor's reserves.
The people that enjoyed their youth in the roaring 20's were lucky, the next generation struggled to eat. The poor kids that landed on D-day vs the kids 5 years later that entered an economy second to none in the world. Some generations get it rough.
Now imagine what the european generations of 1939-1945 endured... It was a little bit worse than for americans!
Youth in the roaring 20's also included the great depression, and it was those same kids who would go on to fight WW2. I don't think you understand how generations work
@@EzraPack-li6se Oh that's right - lol
Buffett has billions to play with. If he loses, he's still a billionaire. This is clickbait or ignorance. You can't time the market. If you want 10% or higher returns, you can't be in bonds. The Buffet Indicator @2:17 shows a peak in 2000 and the crash hit in 2007.
He won't have to face it, too old and he'll never be completely broke while he's alive.
He won't be completely broke until he's down to his last $Billion. :)))
I'd just like to see the major U.S. stock marekt indexes drop 80 to 90 percent back down to fiar market vlaue.
Yeah keep dreaming
@@Bryan-zo6ng They said the Chinese housing ponzi could never end but it did. A lot of naysayers out there. The smart money has already funneled into gold knowing full well what's coming for U.S. stocks.
Warren Buffett once said to treat investing in securities like real estate-you don't constantly check for gains. So, the recent bitcoin price drop doesn't bother me. I keep dollar-cost averaging and adding to my position, and I'm up 200% year-to-date because of this strategy.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
During bear markets, aim to 5x your portfolio by accumulating crypto and reinvesting dividends. Consult a financial advisor for help. Since 2020, my $1.2m portfolio has averaged 28% annually through restructuring with growth stocks, ETFs, mutual funds, and REITs.
Who is this person guiding you and how can i reach he/she?
I’m careful about giving specific advice since everyone’s situation is different. You might want to consider an independent financial advisor like *"Rachel Sarah Parrish"* . I’ve worked with her for two years and highly recommend her. See if she fits your needs.
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
It is so very wrong to say Mr Buffett is expecting a crash because he doesn't time the market. When he sells his shares, he carefully compares profitability of his cash position (mostly treasury bills) against the long term growth of the company. Besides Berkshire has always maintained significant cash position. In numerous interviews and during stock holder meetings, Buffett clearly stated that selling stocks in anticipaton of a recession is not one of his strategies.
It could happen based on his valuation calculations.
So far, the rule--"The Consumer Must Be Rescued!"-- is the cardinal mandate during difficult economic times, especially for the U.S.A. This should be interesting to watch during four years of Trump Administration, likely the last four years of my life at 72.
I was listening to Warren Buffett one day on TV and he was talking about financial literacy and he said it should be taught in the fourth grade I wish political operatives would listen if people understood how to invest how to gain generational wealth what’s an ETF what’s an index fund? How do use insurance productsin their first years out of school making money. Those are very important years and gaining financial wealth. If they know what to do when they get out of school, it could be powerful. Nobody’s listening nobody wanna teach this they want to keep our people absolutely stupid.
at 2:00 you describe the reciprocal of the buffett indicator when you talk about how it is calculated. It’s value/GDP, otherwise you’d be calculating how UNDERvalued stocks are.
The stock market may be climbing but many big tech CEOs are dumping their own stock by the millions, all the while telling retail investors that everything was fine. In other words the "free market" working as designed: enrich the 1% while beggaring the rest of us.
As they say "Don't wait to buy real estate, buy real estate and wait", specifically single family homes, only in good locations , based on schools, safety and crime to attract good tenant who will pay and stay, it only took me 30 years to figure that out, then grow rich with inflation on rents and values
in Canada the renters never pay at the end of the month or any month. They take about 3 years to finally get kicked out and then they do the same thing all over again.
We are already in a recession, but that will not be officially recognized until after the US elections in early November. My degree is in IT, not economics or business administration, and even I realized we were in a stock bubble. Last month I sold all my stocks. I put all that money, and some extra into a two-year CD, because I don't think even bonds are safe. Warren Buffet confirmed what I already believed, that stocks will start crashing by the end of 2024. I doubt things will be as bad as 1929, but they could easily be worse than 2008.
2:00 - 2:08: Buffet Indicator: Divide Country GDP by Stock Market Value. That is incorrect.
So… what is it then
Ive got an invest for dummies question.
God forbid everything crashes. Would that be a good time to buy normally pricey stocks that have lost value? I mean things will eventually rise again right?
Curious what ya'll think.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Individuals can seek counsel from a certified financial advisor, who can provide specialized advice and methods to decrease expenses and maximize income.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
‘’Marisa Michelle Litwinsky’’ 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.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
It's just like the GameStop stock situation. Except theve backed our entire economy on Japan yen tanking. Roughly 20-40% of our economy is based on rich people hoping Japan tanks.
The second they did one little thing to try and not be fucked over, trillions of stocks and crypto holdings were liquidated causing a staunch drop in both environments. All in all I think Japan should double the rate (and it still wouldn't even be 1% interest rate.) and maybe I can afford a home in my lifetime.
Alternate hypothesis for Warren - He sees US tax rates changing for corporations. He is collecting cash before the tax rates change. He said that during the same conference, but I guess that doesn’t fit your analysis.
Actually Buffet has been very transparent about this, I don't know why every single video fails to mention this - I mean, I know, but you're doing a disservice to people.
Thanks for explaining the Yen sittuatuon. It makes sense now.
The part that I don't understand for the japanese carry trade is this - the yen to usd chart also experienced about a 7.5% upwards move back in late 2023, so why didn't we have a collapse then also? stocks actually went up from late october 2023 through the end of the year with almost no meaningful pullback at all. Why was 11% enough to cause a collapse but that 7.5% was not?
1 - How often does an individual or investment company have a 48% allocation? Not very often.
2 - He has been building his cash reserve for 7yrs - slowly - Apple just presented an opportunity (possibly a large dividend / return of capital payment to shareholders
3 - Timing - Buffett has been right 80-90% of time over 60yr history; Selling in late summer - several major stock market events have occurred in fall - 1929 and 1987.
Buy low, sell high. That’s all there is too it. AND that’s what Buffett is going to do.
I realize it's not a pleasant subject, but I can't overlook the fact that Warren Buffett is 93 years old, and he just saw the passing of his life-long business partner a few months ago. I would say it's entirely possible that his decision to start liquifying assets might be more of a personal decision then an economic one.
When I can " lock into" fixed returns i.e. tax-free municipal bonds, or CDs at favorable rates and term length, why wouldn't you? Just stagger the maturity dates , so investment principal becomes available on stagged monthly maturity dates. This also makes me truly evaluate where, when, and how much to invest into a company. As Warren Buffet and Charlie Munger have said,when quoting Ted Williams, it's only a strike if you swing at it, take your time, and wait for your pitch.
I backed the truck up and plowed virtually everything into long term bonds.
Exceptionally well done-complex topics were explained in a way that everyone can understand and relate to. Kudos to you for opening people's eyes.
You really should know this already.
Buffett indicator is Mkt Value divided by GDP. You said the opposite.
How do you know so much more than these average channels that boast to know what's going on? This video isn't only about Warren Buffet, but also about the US and Japan economy and how their rate changes are affecting the world!
Watch what he does and not what anyone says. I have been following Buffet and I'm copying his actions. I sold before the drop a few weeks ago and happy to sit in cash equivalents until Buffet starts buying again.
Buffett won't spend one cent until U.S. stocks drop 90+ p[ercent back down to fair market vlaue.
I love those "read between the lines" videos because often times you can save them up, come a couple of years later and hope they won't have removed the video out of shame and backlash over false information 😂
Something I've been considering in all this is the effect of outside investment. So, I don't disagree that it looks like a bubble and this can't go on for long, there surely has to be a correction coming. But at the same time I am considering this... What about the globalization of the world and implication of tech in the hands of the common people. Nowadays everyone with a smartphone can get a brokerage account through one of the many apps and, fee free, invest in our stock market. Common folk, and I mean people who have never invested in their life, can easily just put some money in the US stock market because it is a good investment. They aren't looking at value or P/E ratios or whatever. They just put money where it looks good. Doesn't this, in effect, open up the doors to TRILLIONS, of new money that is able to be poured into our markets? What do you all think? I don't have data to back me up, just something I am thinking about as I contemplate whether to pull my money to a high interest savings account or not. Honestly, I would like other thoughts on this too. I think it radically changes the market dynamics so that the past is no longer even valid!
I recently inherited some money. It isn't going into stocks. I own 1 presently and it's down 83%.
@@RonaldSkancke U.S. stocks today are the most overvalued in all of history. Buy deep out of the money puts on the major U.S. stock indexes each month that's what I do. I wouldn't put my worst enemy's money into U.S. stocks.
Past performance is not an indicator for future performance. Buffett is a patient value investor willing to wait.
Yes, we are heading for a Resession! Then, headed for a Depression!
It’s scary to think you’re probably right. I own some expensive real estate that I only owe about a half of what it’s worth. Do you think it’s time for me to sell?
You are absolutely correct. The Japan trade is this seasons subprime crisis.
Americans don't like to admit it, but they are financed outside the US. If that stops, it spells very deep 5hit!
And now Japan is printing money to prevent failure. Where have we heard that before?
You are looking at Indexes, They are manipulated bad performers are removed and good are added so they will always go up. There is 10's of thousands of stocks that have not moved at all.
It’s common sense. In order to cut Fed must increase money supply. That spikes inflation. Bond holders then require higher yield on long term bonds which will cause long term rates to go up, while the fed is dropping short term rates. The fed obviously knows economics and knows this. But, their purpose is to save a dying economy at the expense of higher long term rates, until the collapse happens - in other words the rate cuts are designed to “kick the can down the road” at the expense of a worse collapse. The final conclusion can only be that this is a controlled collapse, engineered as the great economic reset with the participants being the fed, well for me tho Bitcoin is the ultimate defence against a tyrannical government.r.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Always backup your trading with a good strategy.
Nice, I was just hodling before I found Wilburn. In my opinion she is the very best out there.
People like buffet is exactly what’s wrong with our society
Th young people who now control the stock market have been buying the dip for years now and become rich doing it, but there is no foundation under the market. A fire burns hot as long as you pour gas on it,but quickly goes out, and reality always wins is the end,many people will be crushed because they do not realize that everything has changed.
Buffet understands Austrian economics....
Buffet is the quintessential unsinkable optimist the fact that he in is now worried is a wake up call to everyone
I worked for centurylink. Stock was $1. What the hell? 98 million customers. $1 billion value. How? How? How?
Weak men create hard times
I were never buying stocks cause with my luck once i started the market would crash. Well.. i gave in and started buying some stocks about 5 months ago... So...yeah..
Don’t stop buying. Buy quality companies at regular intervals. Wish I would have after 2000 when I said the same thing. I would be a multimillionaire today so now I’m 😢
Focus on ETFs because they represent multiple stocks into one and they tend to be more stable than individual stocks
You haven't even seen the real crash yet. Get prepared to see a 90+ percent crash and all your money eviscerated in a puff of smoke.
@@probablybigk9121 That didn't work in 1929 and the U.S. stock market today is much more overvlaued than stock in the summer of 1929. Your advice will put this person in the poorhou9se.
@@parkerbohnn I’ve been hearing that since 1988. Wisdom is to have wealth diversified. If the stock market collapses totally then nothing has value except clothing, food and shelter.
I'm feeling good. How about you? Things are fine. Everything's fine. Please just ignore the growing dumpster fire behind you.
This video is based on the narrative that Buffet sold Apple stocks to build his cash !!!
That may not be true; most likely he sold it because Apple growth potential is very low because of limited demand and competition with Chinese brands.
The market makes corrections from time to time, and the current one is just another one, NOT a Depression.
Also he can't find anything cheap enough to buy.
Oh, gee! This is going to happen, perhaps early in Trump's second term. Um what president would want that? Given that administration's incompetence, illustrated by the current nightmare of nominations to Trump's cabinet for the second term, 2025--2029, could another Great Depression happen as the whole financial world collapses? Very possibly. Guess I better talk to my people at Stifel . . . .
When stocks become so expensive eg: 35 times earnings, we tread dangerously! Some not even paying dividends it’s treacherous.
He's in the club he knows all about the great taking
We did not learn our lesson (we never do) from 2008. When houses become investments, rather than being simple places to live, they will go through the same rise and crash cycles as the investment economy. Rents are out of whack as landlords are raking in their profits, and taxing bureaus, realtors, and homeowners love when the value of their "investment" goes up, with no concurrent increase in its inherent value.
The AI Bubble held everything up, but the bubble will eventually explode, because there is literally nothing, besides some chatGPT-like playings and "human work away taking robots"
Even more importantly than interest rates is money supply. The Fed quadrupled the M1 money supply in 2020. When the Fed increases the money supply it has to go somewhere. Better it goes into investments than consumer goods. The problem is single family homes have become investment vehicles and have been priced out of the grasp of many Americans. Excessively manipulating money supplies always comes back to bite you. Unless the Fed takes that excess liquidity out of the money supply or it moves to another area of the economy the market will stay overvalued. What I expect is the market will stagnate for a decade or more and drastically reduced overall lower returns will be the norm.
Anyone can get rich if they have money when most people don’t.
Im no expert, but I've seen it suggested that if you remove accomodation from the mix (which is lagging) the US economy is either level or in *Deflation*
Recent prices may indicate deflation. But prices are higher than 2 years ago, so need more deflation to get back to that level. Most people don't see deflation lasting that long. Maybe farm product prices, since crops can increase or decrease based on how good the crop is.
We’re in a pretty bad situation right now, how much worse can it get
Love this guy-humble, super, super rich and very very intelligent!!!!
An actual investment genius, plain and simple!!!!!!!😂😂😂😅😅😅😅😅😅😅😅
Um ! Yeah ! Hello and welcome
Wow!! Now I understand the Japanese carry trade. Excellent presentation easy to understand
I've read so many comments asking "what should I do?"
Two things: First I guess you're here because your're concerned about a looming recession or crash. - - Me too.
Second this video (or one llike it) tells us that Buffett has loads of cash so he can pick up cheap stocks once the market jumps out of the window.
So for me (unqualified) I'm going to hold 40% of my wealth in a money management fund or savings account making (3-5%pa) 40% in diversified income producind mid-cap funds (6-9%pa) and the rest is already invested in O&G legacy shares following a cash and shares takeover (growth only).
In other words up your cash like the great man (but don't go mad).
A massive deflationary event fixes all of the FED's problems, its silly to think they don't want it to happen. Buffet is just front-running it because he attends meetings the rest of us don't.
The govt needs inflation. Just not so much that it breaks the economy to the point of revolution. They need their federal debt inflated away.
Buffet Indicator is MV/GDP .. you stated it the wrong way
How can we protect ourselves from the anticipated financial reset in 2024? What are the best strategies to make our portfolios resilient against this potential reset? I'm particularly concerned about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been gaining at least 25-30k every quarter so I’ve been sticking to investing via an Advis0r.
Glad I found this discussion. My portfolio hasn't done well lately, and I think I need a financial advisor. How can I reach the person helping you?
Sure, Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
"Does Warren know something we don't?" Yeah, it's called insider trading and when you get to that level and all your friends own all the important stuff, you're going to be insider trading all the time.
Wow, incredibly insightful video
A10% drop from an over heated market… another 10% would bring it to ‘normality’ I’m investing in undervalued UK, US markets are just far too high to be sustainable.
Dude. So, the "10% drop in a month" puts QQQ back where it was in May of 2024. Cherry pick data, much?
iT’s PlUmMEtInG
CEO of NVDA sold 30 billion in stock this month! He still has 10 billion in NVDA! Stay away till earnings report Aug 28!
Before every major market crash, Berkshire has had a significant position in liquid funds. If you don't believe, do your research. Follow the money.
Do you think a big crash is around the corner??
@@Lineside A 90 percent correction would be needed to bring U.S. stocks back to fair market value. We've been waiting a long time for the second shoe to drop from the '87 crash but certainly a retest of the 1987 lows is in the cards.
I been unemployed 2 years -!!! And I’m a mba and cpa
Then YOU are doing something wrong! Everyone can always use a good accountant, regardless of the business environment!
@@marcob.7801 yeah well in my areas no one leaves good firms
The crazy turn over ones are hiring but know better
My ex coworker offered me a jerb but I hate her and I am no hypocrite
CPAs are always on high demand...even in a recession. This makes zero sense. You chose to stay unemployed.
@@everthingbutterflyz3370 As a former business owner I agree with you. If anything, an even higher demand in a recession, IF they are worth their salt! One CANNOT become a CPA w/o an MBA, BTW!
@@everthingbutterflyz3370 I am a cpa and don’t have a job, only because my ex wants to take half my paycheck lol
Buffet is brilliant but he’s not perfect … he made numerous mistakes in investing in airlines and even panicking and selling his airline stocks during COVID . He missed out on AAPL when he first invested in IBM . I think it’s a mistake selling AAPL… well there’s nothing wrong in collecting your gains … I guess probably we are just reading too much into his selling … maybe he just wants to have a better margin of safety .
He also missed out on the AI boom.
Personally, I'm worried about a crash. I don't think it will be to a depression level though.
To play devil's advocate... Warren Buffet is getting pretty old so he could just be selling shares and repositioning in the event he dies. This would give Berkshire's new leadership the ability to pivot and create a strategy going forward. Warren also said he would give away a good portion of his wealth after death so he could be positioning in cash to make that easier and skirt any short term volatility when it's given away. The man isn't going to live forever and he is rational so has probably been planning for this in a way that makes it easier to use his wealth without messing up when he passes.