The most respected investor in the world is undoubtedly Warren Buffet.
If others had to come up with inventions ahead of their time to be on the top of Forbes list.
This man has been the second richest man in the world for many years in a raw by simply
investing.
And what sets him apart from others is that he started with absolutely nothing.
Today, we will take a look at how warren buffet invests and how exactly he made over 85 billion
dollars.
But first, let's take a look at how buffet got into the investing first.
Warren buffet grew up in an average family, so he quickly learned the value of money.
At the age of 13, he started delivering newspapers, selling magazines and made a substantial amount
of money.
Which he invested later on into 40 acres of farmland.
He realized that if he wants to grow faster, he needs to get into the business.
When he turned 15, he used his savings to buy pinball machines and placed them in barber
shops.
Within few months he owned 3 different machines and then sold the business for 1200 dollars
or over 16 thousand dollars in today's money.
Fortunately, he was rejected by Harvard business school because then he applied to Columbia
business school, where he met his Mentor, Benjamin Graham.
Graham taught him how to win consistently in the stock market without speculations.
His method was simple, find undervalued companies, stocks that are priced lower than they actually
worth.
Buffet quickly realized the potential of this strategy.
So he went to work with his mentor at his investment partnership where he mastered his
method.
When Graham decided to retire, Buffet has already saved up around 150K dollars or 1.5
million dollars in today's dollars.
So, he decided to start his own investment partnership.
He applied the same strategy.
But in general, he was mainly looking for small companies that are doing just good enough,
but still, are undervalued.
Such as, Dempster Mill, a windmill manufacturing company which was a struggling business at
a time.
It was trading at 18 dollars per share.
But Buffet realized that company's assets worth 75 dollars per share.
So even if the company goes bankrupt, assets could be sold and he would still make a profit.
So over the next couple of years, he kept acquiring Dempster's Mill shares until he
became the majority shareholder.
In order to make a good profit from his investment.
Buffet changed the management, improved the operations and then sold the company three
times higher, than the amount he invested (80 dollars per share).
Buffet made multiple similar investments where he made a substantial profit.
And in less than 5 years of starting his partnership, the value of his investments grew to millions
of dollars.
In fact, his personal wealth finally crossed a million dollar.
After acquiring Berkshire Hathaway, his approach to investing changed.
Instead of focusing on small struggling companies.
He started buying more successful companies that are undervalued, such as the American
Express.
But, what actually brought him up to the top of Forbes list is the insurance business.
Buffet realized that Insurance companies work exactly like banks.
You regularly pay your premium for example, but only get your money back, if you get into
an accident.
So insurance's companies have a constant flow of cash.
Which are technically considered liabilities.
Exactly like the money you deposit into a bank.
Suddenly, Warren Buffet found himself having access to an enormous amount of money which
he quickly started investing in the right companies.
And in the next few years, his personal net worth crossed a billion dollar.
He kept doubling his net worth every few years by investing in some of the most successful
companies such as Coca-Cola, Bank of America, GM and so on.
Until he became the richest man in the world in 2008.
Buffet didn't achieve that by simply speculating and hoping to win.
But rather understood how the stock market works and consistently used the same strategy.
The good news is that, you can also learn how the stock market works and certainly be
like warren buffet if you put the effort.
And for that reason, we have found for you a perfect course on skillshare that will teach
you everything you need to know.
We can't cover everything here on this channel since our videos are extremely difficult to
make.
So, by using the link in the description, you will get the course for free for the first
2 month and help this channel.
So, give it a try.
For more infomation >> Here is How Warren Buffett Made 85 Billion Dollars - Duration: 5:20.-------------------------------------------
My HBCU is More Lit Than Yours | FAMU PEP RALLY - Duration: 8:45.
time
my dogs are we talking we got caught up
Kate Wynonna superblock are they saying
on the Westies told then you draw that I
was on the ball straight mugging way to
drop eyes can you read cool that will
place ain't no right guy I had to get
her knowledge is to see what happens
here by 4:30
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Lady Gaga on Acting Debut in Bradley Cooper's 'A Star Is Born' | Venice Film Festival - Duration: 4:10.
For more infomation >> Lady Gaga on Acting Debut in Bradley Cooper's 'A Star Is Born' | Venice Film Festival - Duration: 4:10. -------------------------------------------
PUBG MOBILE 0.8.0 Global Beta is out with SANHOK Map || Download Link || 🔥 - Duration: 5:34.
Hi friends,
Subscribe to my you tube channel
pubg mobile 0.8.0 global beta is out
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PUBG mobile english version beta 0.8.0 now available
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BMW Z4 Roadster 2.5I S / NL AUTO / XENON / LEER / STOELVERW. / CRUISE / LMV 17'' - Duration: 1:08.
For more infomation >> BMW Z4 Roadster 2.5I S / NL AUTO / XENON / LEER / STOELVERW. / CRUISE / LMV 17'' - Duration: 1:08. -------------------------------------------
Cooperation is the Key! - Duration: 1:32.
I'm Captain Brian Kimmins, the Assistant Air Officer for the 13th MEU
and Action Officer for CARAT (Cooperation Afloat Readiness and Training) Malaysia 2018.
So it's been pretty interesting working with our Malaysian counterparts over the last couple months,
from starting the planning process and the planning conferences, about four months ago,
seeing this thing all the way through planning and execution, just seeing how they
operate in jungle environments that we're not used to and just seeing some of the different
TTPs (Tactics, Techniques, and Procedures) that they utilize in these environments.
It's important to conduct this training because it increases the warfighting capabilities
of both the U.S. and our Malaysian counterparts and it allows us to integrate in the maritime
environment and thus strengthening partnerships in the region.
The highlight of the training so far, I think, has been our tactical air control party shoot
where we got to integrate with controllers from the Number Six Squadron of the
Royal Malaysian Air Force, getting them to see how we conduct close air support, see how they
conduct close air support, and see how there are actually a lot of similarities between
how we do that and then getting to see the F-35 deploy ordnance for the first time in
this part of the world was pretty awesome and the Malaysians were really excited to
see that, as well.
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EastEnders' Jean DESTROYS Slaters as Hayley's pregnancy is exposed - Duration: 4:04.
EastEnders' Jean DESTROYS Slaters as Hayley's pregnancy is exposed
In Tuesday's EastEnders, Stacey Slater (Lacey Turner) found out about Hayley's (Katie Jarvis) pregnancy.
She had been trying to keep it a secret as the father is Alfie Moon (Shane Richie), Kat's (Jessie Wallace) ex.
Tonight, Jean went ahead and exposed Hayley's secret, telling their family: "We're going to have a very special new addition to the family soon, the pitter-patter of tiny feet." The Slaters immediately turned on Hayley, which saw her flee the house and Jean fuming.
Related Articles EastEnders' Sharon and Keanu murdered in dramatic 'affair of the year' plot? EastEnders Hayley Slater to exit as pregnancy secret is exposed? EastEnders' shooting victim REVEALED in tragic murder twist?.
"You should be ashamed of yourselves" Jean Slater Working herself into a quiet rage, she said: "You should be ashamed of yourselves.
"This isn't your house but you live here.
You live her, you've got a bed, food, telly, each other.
You never done anything wrong? Made a mistake?" She went on: "You don't like her.
It's okay, because do you know what? At this moment, I don't like any of you.
"But I would help one or all of you in an instant – and I have done.
"Do you know what? The saddest thing is, to some people, we're nothing.
And you won't even give her that." Eventually, Hayley returned to the Slaters' to collect her belongings, only to find they'd thrown her an impromptu baby shower.
Kat urged her to stay, telling her that she had a place there, and Hayley accepted.
Related Articles EastEnders fans sickened as Sharon admits 'crush' on Keanu Jacqueline Jossa exposes curves in teeny bikini as hubby Dan Osborne recalls 'toxic' rows Coronation Street fans VERY confused by Tina McIntyre lookalike: 'Nothing like her'.
Jean said: "Being a mum is the most wonderful, but hardest thing in the world.
"But you won't be on your own.
It's gonna have you and six other mums to look after it.
It's gonna be a fighter." But could Hayley be back on the streets and fighting her family if the father of her baby is revealed? EastEnders continues tomorrow at 8pm on BBC One.
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Access to Veterinary Care is an Animal Welfare Issue - Duration: 1:22.
Access to veterinary care, or more specifically the lack of access, we see as the largest animal
welfare issue confronting owned pets, dogs and cats primarily.
And that's because of all of the things that define their lives, or more importantly their
basic care needs. The one that we're failing to address the most is access to healthcare
when it's needed.
So, that's why we are so focused upon addressing this societal problem.
I'd like to think of it in terms of lack of diversity, that is, when we talk about lack
of access to veterinary care then the next logical question is well who's affected?
And it turns out this problem is driven largely by socioeconomic realties in America. That
even many of the working "poor" are unable to acquire veterinary care.
Because it's a socioeconomic issue, we have over representation among minority
groups, especially latino and black Americans.
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Perfectionism is the enemy of progress (relationship) 2018 - Duration: 3:53.
perfection is the enemy of progress
now you may ask
what does this have to do with your relationship well
it has a lot to do with your relationship
say for example you want to get married to the lady
want to get married to the guy
but you're waiting on everything to be perfect you're waiting
on everything to be perfect first or
you're waiting to have everything in
place before you take the step now I've
spoken about this in another video where
I spoke about being prepared before
entering into marriage because you don't
want to get into a marriage or get married
to the guy and he doesn't have a job he
doesn't have any income that's gonna be
a big problem I'm not talking about that
but in terms of many people are waiting
on the perfect timing or that perfect
opportunity and they stop themselves
from progressing forward it is by taking
the step forward and chartering your
course that you'll be able to accomplish
what you will and even after you get
married you know if you're waiting on
the perfect timing or the perfect
opportunity to start that business
venture with your husband or with your
wife I'm telling you chances are you
will never do it you will never do it so
you have to just take action okay move
forward step forward and do what you
have to do in committing yourself to
your partner because if you wait on the
perfect opportunity it will never happen
there are people out there who are
probably frying better chicken than KFC
okay or they can make a better burger
than Burger King right
but KFC and Burger King what they have
done is that they have made a product
that is acceptable that is of a certain
standard that people will buy and they
continue to make millions if not
billions of dollars per year so I'm just
painting that picture in terms of a
business there are many people who want
to write a book okay they want
launch their blog they want to launch
a YouTube channel or they want to get
into some business but they're waiting
on the perfect opportunity or they they
try to perfect the craft so much before
sharing it with the world that it never
gets shared they go to their graves and
all it was was an idea that they kept
working on over and over and over and
over and over come on you don't want to
be dating forever you don't want to be
in courtship forever
you definitely does not want to be in an
engaged relationship for several years
and not taking the big step of saying I do
so don't let perfectionism or being a
perfectionist that everything needs to be
in place every single detail or else
you'll never do it you'll never do it
it's just like having children there are
certain things you can put in place but
there comes a point in time when you
just have to step into the water and get
your feet wet do what you have to do so
perfectionism is the enemy of progress
and if you're a perfectionist and if you
are waiting just on that very perfect
opportunity before you say I do
you may be in for a long ride and I have
several more tips to share about your
relationship so if you have not yet
subscribed to my youtube channel
I suggest that you leave a comment below
click the like button and subscribe to
my youtube channel come on what are you
waiting on subscribe to my youtube
channel right now
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ITALKI Spanish Teacher - This is me - Duration: 3:05.
Do you order the same things in a bar in Spain
than in a bar in your country?
For example, in Germany
they order sparkling water
but in Spain we always order still water.
And, also in Germany, they order gluehwein in Christmas.
But in Spain
we always order very cold white wine
and, always, warm red wine.
For example,
do you know that in Spain
we order coffee on ice in the summer,
and red wine
mixed with a cola soft drink?
Do you know that we order red wine
mixed with soda,
and beer mixed
with lemonade?
What do you normally order in a bar?
Do you order a tea with lemon?
Or a tea with milk?
Explain to me what is it that
you normally order in a bar in your country.
Match the words in these three columns
and make a sentence, or sentences,
like in the example:
A coffee with milk
with very hot milk
and without sugar.
Your turn!
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