Warren Buffett: There are Still Opportunities in the Market
58,115
Published 2022-05-06
Let’s travel back to 1952. Warren Buffett has just married his Susie Buffett, and the two are traveling along the US west coast. Allegedly Warren Buffett filled the trunk of their car with annual reports from stock market companies that he wanted to do research on, even during their honeymoon. That’s dedication. Anyways, the married couple was visiting The Flamingo in Las Vegas because three fellow Omahans had just purchased a stake in the famous casino.
When they entered the Flamingo, the then 21-year-old Buffett announced:
“I’m gonna get rich. I mean, how can you miss? If people are willing to do this, you know, then this is a land of opportunity. Well, it’s the way it still is.”
Buffett is talking about making money in the stock market here. How did this casino crowd convince Buffett that he could become rich through stock market investing? And why does he say that it still applies in the stock market today?
---
My main tool for fundamental screening and analysis of stocks: app.tikr.com/register?ref=tsi
(If you sign up I earn a small commission)
All Comments (21)
-
$81.5 billion of Warren Buffett’s $84.5 billion net worth came after his 65th birthday. Psychology of Money - Morgan Housel There'll always be opportunities, just sit tight and let compounding do it's job.
-
Last time I was this early the Arkk etf was still considered a good investment.
-
Thanks for taking the time to make this video and sharing this insightful perspective. I've learnt a lot from your videos - one of my fav channels here on YouTube. Respect 🙏
-
I also talked about the holding period for stocks dropping massively over the years, and I'm glad to see more people bringing awareness to this. 5.5 months is way too short to even call it an investment. Even though there are countless (even recent) examples of how the long-term can be wonderful for our portfolios, the average investors seem to enjoy gambling more than actually investing, which is unfortunately seen in the fact that they underperform almost any type of asset over and over again. You too can easily outperform the average investor by creating a balanced portfolio, managing your spending/investing habits well and not letting your emotions dictate over your logic. Also, there might be a lot more opportunities in the near future if the market keeps performing the same way it did in the past couple of weeks, so make sure that you're prepared.
-
Finally a video from you bro!!
-
You must have a sound plan and constantly check the lines in order to survive the market; excellent investors/traders do not panic on the dips since that is when they generate their winnings.
-
We love to see long videos.
-
This is one of the best videos here tbh
-
Insightful 👏🏽
-
The video is unreal, buddy! Btw did you hear inside about Kyrrex?? Says their $KRRX token is going to rocket in a few xxx soon because of the new investment in the platform. What do you think about it? Is it worth considering buying?
-
How can i find a similar graph as at 3:07 for National Stock Exchange of India ??
-
Great video! But too short, although it is better if you upload more often.
-
Thank you!
-
PETE LYNCH QUOTE: “stock is a piece of a business not a lottery ticket” can you make more videos about The Peter
-
Best page out there, i just buy and hold everything :)
-
What are your thoughts of SOFI stock?
-
Quick question. I would love to diversify geologically. I have mostly USA in my portfolio. Do you have Swedish stocks, which you can recommend?
-
Hi Erik, I would like to ask you about which books had the most impact on you, information and mindset wise. I've read your top 7 investing books which I really liked! Also, I'd be very interested to understand how you broke away from typical 9-5.
-
Genius anecdote
-
Bravo!!
