Warren Buffett and Charlie Munger on how to avoid mistakes in life and business

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[patrickbrussels]

Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.

[cjljianlang]

4:12 Avoid Toxic People And Toxic Activity
4:44 You Need To Know How People Could Manipulate Other People And You Need To Resist The Temptation To Do It Yourself-Control Someone To Own's Advantage Unfairly Or Dishonestly
4:53 The Toxic People-Very Unpleasant Or Too Bad To Be Accepted Causing A Lot Of Harm And Unhappiness Over A Long Period Of Time
4:58 Who Are Trying To Fool-To Trick Someone Or Make Someone Appear Stupid In Some Way
5:01 Or Lie-To Persuade Someone That Something False Is The Truth Or To Keep The Truth Hidden From Someone For Advantage
5:02 Who Aren't Reliable In Meeting Their Commitments-If You Want To Help India The Question You Should Ask Is Whats Doing The Most Damage Automatically In Life Sloth And Unreliability
5:05 The Great Lesson Of Life Is
5:07 Get Them The Hell Out Of Your Life
5:10 And Do It Fast Do It Fast

[Nickgyw]

Great advice Warren, thank you. Money isn't everything. Be a good person, work hard, focus on learning and growing everyday, and stay consistent in your values. Save more than you spend, live modestly, and enjoy your family and friends, focus on fun experiences, doing hobbies you enjoy, helping others, spiritual fulfillment, and not material things, and avoid toxic people. If you're failing at something, recognize it quickly, fail fast and then change direction.

[nuckolus]

Charlie Munger is so amazing. So much respect for a man at this age.

[rynes.raier]

"Write your obituary and try to figure out how to live up to it." - That is some ****really**** good advice!!! Will do Mr. Buffet!!!

[mikedsayre]

Love listening to these two guys. You have to lose fear, pride, and greed, to remove the toxic anything out of your life.

[MariaHowell-ljcf]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

[AverageAngel]

I wish I knew the lesson of once you know someone is toxic, to get them out of your life fast spoken by Charlie Munger earlier

[fino]

"You need to know how people manipulate other people and then resist the temptation to do it yourself." - words of life.

[lailaalfaddil]

This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

[sexywave]

sadly, plenty of Americans get into debt. nobody wants delay gratification.

[dariusdoodoo]

I wish these two men could live forever

[vietnammg]

People praise Warren Buffet, but they often forget the real architect of Berkshire’s investment strategy is Charlie Munger.

[dhfyfuejejne]

Respect for Warren Buffett and Charile Munger. Thank you in my life. Please stay forever around us.

[raindogs]

Nowhere in life are children greater placed into roles as props by their parents as BH shareholder meetings.

[shankarbalakrishnan]

I have been watching u have been of no help warren ❤❤

[raqueldominguez]

Wuarren y Charlie dos hombre marabillosos
Unidos por el destino
Espero que la vida les siga cocediendo momentos hermosos
Lleno de amor, salud, alegrías y esas cosa narabillosas que hacen momentos únicos en el día día de cada uno de ellos
Un abracito y muchos besitos
Espero que lo sientan ahí va 😚
😘🥀

[thelammas]

They are the best in the world at long term investment. Interesting how that halo effect carries over to their advice on life.

[cwpywhl]

If the government listen to them, they don't have to keep raising the debt ceiling.

[kzweymar]

Mentioning Toxic People all the way to the end... clearly one issue that never goes away and requires constant attention.