Collection: Warren Buffett - #65 Investing 'Share of Mind'

Video Link: https://youtu.be/UAjQRwdUqIg [My Takeaway] "In terms of making a commitment to really being a business that you’re only in it for the money, I think that’s crazy. And if we were in this only for the money, you know, we’d have quit a long time ago, obviously. It just — you ought to have fun while you’re doing it." ~Warren Buffett [Full Videos of Berkshire Hathaway Annual Meeting 1997] https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/ [ABOUT - Collection: Warren Buffett] Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :) <<Collection>> Check out all Collection: Warren Buffett, click ↑↑↑ [My 2 Cents] Takeaway 2: "Getting the fundamental mental tools in place. And I always believe in running reality, as it comes in, preferably vicariously through the newspaper, et cetera, instead of through personal painful experience, through the filter of these sound ideas. And I not only think that that works in life to create success, I think it makes life more fun." ~Charlie Munger

Video Link: https://youtu.be/1x1XVk2tJZY [My Takeaway] 1. Compound Rate > Discount Rate = Infinity -It shouldn't work for an extended period of time.- 2. Equity Valuation > GDP = Doesn't Make Sense. [Growth Stocks and the Petersburg Paradox by David Durand] http://csinvesting.org/wp-content/uploads/2012/10/Growth-Stocks-and-the-Petersburg-Paradox.pdf [What is GDP?] https://www.investopedia.com/terms/g/gdp.asp [Full Videos of Berkshire Hathaway Annual Meeting 1997] https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/ [ABOUT - Collection: Warren Buffett] Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :) <<Collection>> Check out all Collection: Warren Buffett, click ↑↑↑ [My 2 Cents] Compound Rate > Inflation Rate = Get Richer as the time goes by. -If your 'investment fund' is able to compound higher than inflation rate, technically you will be able to get wealthy as the time goes by.-

Video Link: https://youtu.be/E4TKMvQlLQ0 [My Takeaway] "People usually keep doing what they've been doing. They're hard to change." ~Warren Buffett [Full Videos of Berkshire Hathaway Annual Meeting 1997] https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/ [ABOUT - Collection: Warren Buffett] Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :) <<Collection>> Check out all Collection: Warren Buffett, click ↑↑↑ [My 2 Cents] Quick Summary Just be willing to change. It is not shameful to copy others.