Whitney Tilson on lessons learned from knowing Warren Buffett, Charlie Munger & Bill Ackman

Former fund manager turned financial journalist Whitney Tilson shares lessons learned from knowing and studying great investors Warren Buffett, Charlie Munger and Bill Ackman.

WEALTHTRACK episode 2111, broadcast on Sept. 13, 2024

[BLRGBattlemaster]

The last person anyone should listen to on investing is Whitney Tilson.

[lucaunti]

"the chain of habits are too light to be felt until they are too heavy to be broken" is actually a quote from Bertrand Russell that Warren Buffett used to read. I don't remember even if i watched it directly in wich annual meeting Buffett revelead this old passion for B. Russell

[darrell]

Thank you for this video. Invest in good companies and go on vacation for five years. Not so obvious but great advice.

[kingkang]

One of the biggest investing cons out there. It's funny that the show did NOT mention Tilsin's track record. It's abysmal.

[louisaparker]

Intel - the Meta of 2024. Intel has been doing bad in recent years, but there's still a huge market for its product. All Intel has to do, is to start delivering. Intel doesn't have to change anything in its business model, just do it better.

[gwalchirk]

Recommend 5 10 percent quarter trade . 85 90 percent leave alone

[Rational_Investor]

It's not "lazy investing" that comes out ahead. Instead, it's thoughtful, patient investing that leads the pack. If you are going to "actively" buy individual stocks, then you need to put in the time, effort, and due diligence to find those "high quality" companies. If you don't have the time or inclination to do this, then a well-diversified, low-cost index fund ETF (such as for the S&P 500), will most probably get you further ahead, if you remain patient. That's my 1/50th of a dollar....

[jamesmorris]

I just DON'T KNOW..Being as concentrated as he suggests..could lead to ALL of your holdings declining, as well. Witness the "Nifty Fifty", which "shot the lights out" throughout the late 60s..then, declined by nearly 90%, by the end of the 1973-74 bear market.

[frederickruderman]

This is the weirdest wealth track and most useless one I ever heard and I love wealth track. This man is talking retrospectively about what he should have done over 20-30 years. The average age of the viewer for wealth track must be north of 50 years old, if not, and more likely, is over age 60. I don’t know too many young people who are listening or watching wealth track frankly. The majority of us don’t have 20-30 years left to buy and hold a stock. 😂

[berliozz]

Whitney is a great guy with 160 IQ who thinks is 200.

[EdgarT]

thanks for being honest Mr. Whitney Tilson