Warren Buffett - 'What the wise man does in the beginning, the fool does in the end'

Warren Buffett and Charlie Munger are asked about a 'commodity bubble' at the 2006 Berkshire Hathaway annual meeting.

Top ten investment books;

(The above are affiliate links.)

[Casskario]

German guy coming straight to his question- love it!

[truth.speaker]

As someone who in the past bought Bitcoin, this makes me see that no profit is ever sure until it's sold

[patrickf]

Warren, Charlie, Jack Bogle and Peter Lynch...Its all there, I wish that I listened sooner !

[shanevollmer]

This man is speaking liquid gold and the whole comment section can’t get over him chewing.

[xxbjxtb]

Tesla stock holders really need to watch this.

[gamer-sama]

Aahh, Warren Buffett lip smacking/food ASMR

[teamvigod]

Timeless wisdom from the great Oracle of Omaha. I listen to this and think how perfectly it applies to bitcoin and other bubbles like SPAC's as well. Years change but human behavior stays the same....

[josephcrivelli]

“The punch bowl is flowing. The dance partners are getting prettier all the time and you know at midnight it’s going to turn into pumpkins and mice.”

[Zutraxi]

So he also at that time saw something about the housing market

[Toryboy]

Can anyone recommend a Pumpkins and Mice ETF?

[paultweedley]

And the wise man and the fool can also be the same person, I'm thinking about Fred Goodwin of RBS fame, his early acquisitions were incredibly successful and made sence financially but his last acquisition was huberous and left the bank almost skint and then the credit crunch broke them completely!

[gordong]

“But if you get in to the metals, I’m partial to Sabbath and Metallica, but Charlie will only listen to Motörhead”

[pongfoong]

Am just accditced the ice but all my 3d cartoon . duel?

[jonathankr]

Can you put the real date in the comment or description?

[Ikaros]

all " worrying" about the market is in reality speculasjon. If you diversify and buy small posisjons in all the assets you buy. By " small" im talking about a size posisjon that you can easy take 55-60% stopp loss without feeling nothing or that you cant sleep at night. Then you never need to worry about the market. If you worry you are doing something wrong!. And you are most likely going to lose!

[mikhailsharon]

The commodity market as we know has been manipulated. If you want to trade commodities: do so physically.

[ilovebrandnewcarpets]

Sounds to me like he’s talking about bitcoin

[lowrydan]

Warren smacking on See’s chocolate while sipping diet coke 😝

[AJSchnell]

A wise man learns from his mistakes, a wiser man learns from others mistakes and the wisest man learns from others successes.
Focus on the good, not the bad

[YoelGriffin]

Buying Nvidia lmao got a 2 year $450 Put as we speak. Thank you Warren