HomeОбразованиеRelated VideosMore From: Investors Archive

Charlie Munger- DIY Investors are "Losers"

241 ratings | 67915 views
Charlie Munger Discussing what the average man should invest in if he doesn't know a lot about the market. 📚 Books about Charlie Munger and his favourite books are located at the bottom of the description❗ Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Stock Market Investor videos:⬇ Ray Dalio on Hedge funds, Success and Life/Work: http://bit.ly/RDVid1 Charlie Munger on Common sense and Investing:http://bit.ly/CMVid1 Billionaire James Simons: Conquering Wall Street with Mathematics:http://bit.ly/JSVidIA Charlie Munger Books 🇺🇸📈 (affiliate link) Seeking Wisdom: From Darwin to Munger: http://bit.ly/SeekingWisdomCM Poor Charlie’s almanac: http://bit.ly/PoorCharliesAlmanack Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger: http://bit.ly/DamnRightCM Charlie Mungers Favourite Books🔥 The Autobiography of Benjamin Franklin: http://bit.ly/BenjaminFranklinCM Influence: The Psychology of Persuasion: http://bit.ly/InfluenceTPOP Titan: The Life of John D. Rockefeller, Sr.: http://bit.ly/TitanRockefeller For More Investing/Entrepreneur/Economics Videos Check Out The Channel What is Investors Archive ? = Its a Youtube Channel dedicated to having all the best Interviews/ Biography/ educational / courses on Investing/Entrepreneur/Economics so you can find all the free knowledge you need in one place ! Remember to Sub for all the Best New Content
Html code for embedding videos on your blog
Text Comments (55)
Grundle Munch (23 days ago)
I want to suck the farts out of her buttholes
Driven The Rockstar Kid (2 months ago)
He's a lawyer ... Buffet specializes in stocks ... Charlie don't know what he talking about!
jpmvidal (1 year ago)
From the same man who uttered "I think those bailouts were absolutely required to save civilization," now comes "I do not think that the civilization is going totally to hell or anything like that." So when the market was way down, he wanted the Federal Reserve and the Federal Government to bail him and his bankers out. And now that the market is up, and he is enjoying the consequences of the massive bailout that benefited a select group of which he and his bankers are members, then he is impavid about the stock market and had totally forgotten about the overwhelming fear he had before being bailed out. Sheer hypocrisy.
Oh my god.. lol.. munger is a monger! He isnt shy of saying it. My god. :))
Mark Dawson (1 year ago)
Charlie is a cack.
MalcolmXParis (1 year ago)
The Stock Market is no different than the casinos in Las Vegas both have people who have the money and have taken the time to figure the Ins and Outs, who have studied the odds and have either a lot of technology and/or experience to know what they are doing: On Wall Street They are INSIDE and EVERYBODY Else is Outside. In Las Vegas the guys "In The Know" are called Professional Gamblers. The Insider and the Professional Gambler are the only people making any really money EVERYBODY Else is a "Sucker". Occasionally Suckers Must Win a few crumbs to "Prime The Pump" and Bring In New Suckers.
A one legged man (10 months ago)
Nope. In gambling, no amount of knowledge will improve your odds. In investing you can research and learn.
borderlord (1 year ago)
Becky Quick I want your Sweet a$$$$$$!!!
Lee Murray (1 year ago)
Use your vocal cords Charlie. Use your vocal cords!
FreemonSandlewould (1 year ago)
uh old Charlie Munger and Warren Buffet call up and get bailed out when they lose. See AIG bailout 2009. Crony capitalist.
bigdogbnb (1 year ago)
Ol fake ass Warren Buffett
Shivang Dwivedi (1 year ago)
wtf is wrong with people his advice at the time is heavily in relation with the situation of the market in the aftermath of 2008 meltdown not in general idiot uploader
himanshu kumar (1 year ago)
he sounds jusy like warren
irena dubrovna (1 year ago)
Jesus said to his disciples that they could not serve God and mammon, for one would consume their attention, more so than the other (can you completely detach from the earth? from the world? from cesar's domain?) - so if Buffett ever "gets religion" that will be the day to short Berkshire.. before the stupid mistakes start to compound... Likewise, never go to a Chassid to manage your finances... "now where did I put your envelope?.. mail box?" .. money. words. The invisible bank? .. of course, if you give a lecture on corporate governance, are you really serving mammon, and not LOVE? For business is like poker, and nobody who sits at a poker table - who is decent - desires the game to be rigged, for there to be cheaters to be there. Nevertheless, it is very much part of the world - commerce, and the world, they, are not going away until "the last day"... umm, well, it is a stage set, or play, is it not? Food for thought. How should man have been "rearranging the atoms" - the physical verse - is not as important as the reasons why he did what he did. .. If you are very spiritually-minded, cooking becomes very complicated... did I remember to turn off the stove? Did I put the milk back in the fridge, or the cabinet? The spiritual world, is invisible, but not temporal.
Jesu Si (1 year ago)
And what If the equity ceased to exist? The fiat currency system is unsustainable, where we still use cash to buy and sell shares..
Nattaphon J (2 years ago)
Simple but it's work
Daniel Boone (2 years ago)
interesting to see him talk reading poor Charlie's Almanack.
J Hoodied (2 years ago)
That's one ugly blob
Jason Gallant (4 months ago)
J Hoodied billionaire*
DontTestTheX (2 years ago)
I love seeing intelligent, well educated people think they can succeed in investing, only to find their stomach muscles let them down. To win in the Game, one has to be in-human, and I mean that in a good way.
Jay Corbin (1 year ago)
Peter Lynch: "The key organ here isn't the brain. It's the stomach".
Daniel Boone (2 years ago)
Thats what happened to Long Term Capital Management.
Brickstun Ram (3 years ago)
As a profitable trader and investor, this guy is absolutely right. I'd like to point out, he emphasizes "if you don't know what you are doing" which is 90% of 'diy' investors. The herds do not take their time and due diligence in researching and practicing their investment strategies. Technology makes buying financial products so accessible and seemingly sexy and the masses undermine the time and effort it takes to actually crack the investment game.
mbero akoko (1 year ago)
I agree completely but I believe that if people take their time to study the fininacial markets and have the discipline to invest with intelligence , You can make some money.
Shannmeister (1 year ago)
Brickstun Ram Back in the mid to late 80s when UK retail investors started to become active after various floatations (IPOs) by the UK government the brokerage I work for commissioned a study into the habits of retail clients with the end conclusion being that such people were a risk to themselves and others. As you rightly say they don't do their research or practice to refine their trading strategy. All the technology that is available to hand is no use unless the person commits time to ensuring that they understand fully the pros and cons involved.
Mike TheMan (3 years ago)
I'd like to point out that he's saying day traders are losers rather than DIY investors. He even said go index if you have no idea what you're doing, which is DIY. Misleading title.
Zack Johnson (4 months ago)
He didn't; say day traders, though. Index is not DIY those are managed funds with historical performance matching the market. Exceeding the market requires having skills above the high performing market average as a whole which is a minority sport.
Pranjal Singh (3 years ago)
Oh my....the lady reporter is so sexy <3
Ryan Baron (1 year ago)
Rebecca Quick, in her own right a prize winning journalist who even in her undergraduate years showed great promise and wit. She's Interviewed Warren and Charlie in addition to many of the most powerful financiers in the world. Beauty brains and and bravado all in one package
Vivek Buddhbhatti (1 year ago)
yea...who is she?
Matthew Slade (4 years ago)
He makes the same point put forward by Ben Graham in the intelligent investor, though Munger is more blunt.
19billdong96 (3 years ago)
+Matthew Slade Munger's got a 'don't give a fuck' aura to him, makes a great partner for the folksy and friendly grandpa Buffett
Ha Noi sakura (4 years ago)
Hope you wouldn't mind me sharing this. Please add me. Thank you.  https://www.facebook.com/stockxtore
Brian Galloway (4 years ago)
of course he'd call DIY losers. We're costing him money by not paying 'experts.' No different than attorneys saying we can't access the court system without their help. Nonsense. 
Babatunde Khalidson (1 year ago)
Joontaek Lee billionaires don't lie? Ok Donald Trump?
TheGenera1 (1 year ago)
I agree with what you're saying, but calling someone an idiot in the same sentence as misspelling "you're" is not the smartest idea.
Jeff Wallick (1 year ago)
Brian Galloway nobody is an idiot here. No worries. It's just that Berkshire isn't a brokerage and they don't charge investing fees. But to your point, somebody who invests in BRK via a brokerage could be charged a fee.
Joontaek Lee (1 year ago)
so you think he's lying to us so he can make some fees of the couple thousand viewers? he's a billionaire you stupid... Billionaires don't lie, they literally gain nothing from doing so. Even if he told you exactly how he trades stock, you cannot replicate it. He is the 99.9999 percentile for a fucking reason loser
blsessex (1 year ago)
Brain, you're stupid and uninformed and probably a Fox News watcher. Berkshire is not a stockbroker. They don't make money when you buy or sell stocks.
Cogitator (4 years ago)
Thanks very much for posting these videos and for your channel.  Can you also post the date that these interviews originally took place on?  Just so that the viewer can have some more context.  Keep up the great work!
Reka Borole (1 year ago)
Investors Archive thanks that would be awesome
Debo Rahh (3 years ago)
Must Read!. get mp3 [email protected] Error . remove spaces.
Investors Archive (4 years ago)
Thank you for your kind words and great suggestion , i will start posting the dates of interviews now !
g00glian0 (4 years ago)
Who the hell?
Bryan Wheelock (3 years ago)
Buffett's business partner.

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.