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Warren Buffett Is LOSING $6mm A DAY On Purpose - Here's Why
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Warren Buffett is sitting on more cash than ever with over $120 billion in cash - he's not happy about it because his cash is a liability and it is losing value. Warren Buffett would much rather invest his money but he fears that companies and the stock market might be over valued.
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Warren Buffett Is Losing $6mm A DAY On Purpose - Here's Why
0:12 - nobody likes losing money but Warren Buffett is losing $6 million dollars a day on purpose
1:04 - Right now we are in the longest bull market in the history of time - Warren Buffett thinks the stock market is overvalued
2:00 - Warren Buffett is not happy that he’s sitting on cash
2:55 - Warren Buffett wants to have $20 billion in cash with his company Berkshire Hathaway
4:35 - Why Warren Buffett doesn’t want to invest his money right now
5:45 - It’s easy to follow the hype as a stock market investor but Warren Buffett wants to be a smart investor
6:30 - During the dot com boom - Warren Buffett chose not to invest when people were making a lot of money in the stock market
8:14 - Will we see a market correction if so when will we see the stock market come down?
8:45 - Be a smart investor in the stock market and invest on financial when you invest tin companies
What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset.
Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #GetMoneySmart
Video host: Jaspreet Singh
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