Mistakes were made! Benjamin Franklin, as some have pointed out, was never an American president, he was one of the country's founding fathers. Apparently, I took for granted that every important political figure from the U.S. must have been a president at some point, and I missed to cross-check that one. Sorry! (At least I seem to have been 50% correct, as I also stated that he was dead, which no one has disputed yet) Charlie Munger's Mental Models: kzread.info/dash/bejne/q6uts8GefrGperg.html

@waiyanhtun6641

3 жыл бұрын

Make Munger's models! Long videos are better than the short ones . # appreciated

@jacecarey5324

3 жыл бұрын

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@alexoolau

3 жыл бұрын

Ben Franklin never was US president. He was one of founding fathers.

@cyberstud0074

3 жыл бұрын

I think Buffet and Munger both paired up in trading, forward trading, spread the news and momentum trade that in those days were not a crime. By the time rules changed they had enough in their pot and people who where ready to invest in their company.. Look at how Elon Musk is inflating both Bitcoin and Tesla by tricks...

@cyberstud0074

3 жыл бұрын

@TrollMaster Fictitious Fables of Europa True and now all asset classes have been super inflated. Another example is people who have huge real estate assets in NY are asking for rents for restaurants and other commercials that makes business very difficult to operate in profit. I see 2 things happening. Either some banks going broke again or small business people moving out of places like NY.

Make mungers model. This Man is a genius. He improved buffet and graham's model. Which drove fundamental analysis..

My guy is a physicist, economist, lieutenant, hamster collector, investor, and a lawyer

@patw.6567

2 жыл бұрын

respect up 10000x more

@zomarzoo8764

2 жыл бұрын

Forgot about architecture 😂

@tylercalder3090

2 жыл бұрын

Lol hamster

@itzdm0r3

2 жыл бұрын

That's hilarious lol.

@bluecollarbullionballer4269

2 жыл бұрын

An a wonderfully brilliant smart ass a great person.

Make Munger's models! ❤

@modalgvr

3 жыл бұрын

Hello and thanks. Make Munge’s model pls!

17:07 "Intelligent people make decisions based on opportunity costs." -Charlie Munger

Kid`s death is the biggest setback anybody can ever have!

@ilcomendante

2 жыл бұрын

Or.. make you less fragile in the long run? Always two sides to a penny

More Munger and Buffett videos please. Keep them coming. Great stuff.

Don't forget that Charlie Munger and Warren Buffett invented the idea of investing and buying at both market highs and lows. As Warren Buffet noted, he has witnessed this occur frequently during his life. I'm not a trader. Never did my husband and I make more money than others in the middle class. With a $4 million stock portfolio, we intend to retire at age 58. Never have we ever sold even one share of stock...

Lot of people say reading is key to success, sure, but I think consumption of information is the key, which today can be done through many different ways, not just reading paper books. Including watching a video like this. In the end though, it matters what actions you take.

@putinsgaytwin4272

2 жыл бұрын

Exactly

Small correction: Ben Franklin was never elected president of the United States.

@pheonahemsworth373

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance..

@pheonahemsworth373

3 жыл бұрын

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Rip munger ...... His learnings will be there forever

Quality video my friend. I could tell it from the first 3 minutes by how you introduced the rough path Charlie Munger took to get his first 1 mil. Now I'm continuing the video :)

make munger's models. by the way, great channel. i often get bored with channels like this, but you have a lot of variety and genuinely good content to keep me watching and happily subscribed!

Charlie Munger is a fascinating character. I believe that Munger has always believed in holding an ultra concentrated portfolio and in his Investment partnership used to borrow as much as possible to boost returns. This is something that both Munger and Buffett have warned against doing when asked at the Berkshire Annual meetings!

MAKE MUNGER’S MODELS! These “First Million” videos are top notch!

@pheonahemsworth373

3 жыл бұрын

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@RomilCPatel

3 жыл бұрын

@@pheonahemsworth373 Fake profile

I never miss your videos. Love your videos. Please make one on mosaic

Interesting video! Like the rest you make. Keep going! Would be interesting if you could do something on Munger’s models. Thanks!

Awesome video. Probably my favourite on here and I've watched a tonne. Make Munger's models please

@pheonahemsworth373

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance

Loved the video, so much interesting information. Appreciate the time you spent on putting this together, pieces from books, snippets from here and there, it must be an insane amount of work! Thank you very much!

Thank you! What a great video documentury.

Make Munger Models! This man is my ideal. I love his thought process and ideas. I can only dream to be half as smart as Charlie.

@brown307

Жыл бұрын

I second the Munger Models. Also the recap at the end is great for screenshots. Thank you for the great reviews.

@FrugalTeacherFI

Жыл бұрын

Make Munger Models!!!

Did this guy just call Benjamin Franklin a former President?

Very well made video as all ways! But there’s a slight correction, Benjamin Franklin was one of the founding fathers of the US but he was never elected President of the country.

I love your animation and story telling. Will you share with me what tools are u using and how you did that?

What a marvelous job you did on creating this video! Thank you so much! :)

Thank you for putting so much research and effort to give this gift to us.

You should do more interesting videos about how people made thier first million. Always inspiring.

I wanna know how much time you put in making these videos they are perfect even the adds appear at the right time for example when you said like and comment an add came to give us time to like and comment without missing a part of the video.

I love this series. I love your Buffett video and now Munger's. Can you make Ray Dalio next?

The video ignores some salient and determinative facts: Munger was in Los Angeles, which was growing rapidly, and invested in the rapidly growing L.A. real estate market. Gene Autry, the cowboy movie star, and others made big money the same way. Being in a large market in an industry that is rapidly growing is vital to making that first million. Those favorable circumstances are rare in small cities and rural areas, leaving securities as the only investment vehicle available, which requires greater financial acumen than most of us have. Which is why mutual funds are the ideal investment for most people. But even ordinary people can profit from the stock market if they stick to well-managed mutual funds, invest a little money regularly, and let smart people do the investing for you. Over a period of decades, the compounding effect has made millionaires of many people who had no understanding of business or securities.

wonderful video! well done!

Thank you for the effort you put in to show and summarize a whole life.

Great video, as always! Keep up the good work 🤩

Rest in Peace

Nice work ! You are changing life with your great quality of work !! * Make Munger model * Take care 👍🏿 ⭐

Great job ! Very informative and I love your sense of Humor, this makes want to go out and invest even more!

Always consistent brilliant content!! What software do you use for creating your video im looking for something similar for work 🙂

Your content is so high quality

Exceptional storytelling mate! This video showcasing how the legendary Charlie Munger made his first $1,000,000 is a testament to his unparalleled wisdom and tenacity in the world of investing. The creators have masterfully chronicled the key moments, decisions, and strategies that shaped Munger's early success, providing invaluable lessons for those seeking to follow in his footsteps. It's truly motivating to witness how his unique perspective and disciplined approach to investing laid the foundation for the immense wealth he would eventually amass. I'm grateful for the opportunity to learn from this brilliant mind, and I highly recommend this video to anyone looking to gain insight into the mindset and tactics of one of the most successful investors of our time. A captivating and educational watch that should not be missed!

This is the best channel on youtube! What an awesome video ❤❤❤

Thank you for your videos.

To be honest I was about to throw up when I saw Catie Wood next to Peter Lynch and Munger o.O

@alfredokaefer7263

3 жыл бұрын

I thought "one of these is not quite like the others". But the fact about Munger performing better than Lynch was definately a crazy interesting fact I dodn't know

@Anonymous-ld7je

3 жыл бұрын

Relax, it's just to give context about how wildly successful they have been.

@OffGridInvestor

4 ай бұрын

Me too

@OffGridInvestor

4 ай бұрын

​@@alfredokaefer7263it was COMPLETELY incorrect. He got his facts wrong. Lynch averaged 29.1% over 13 years versus 19%

Even Munger was not immune to simping and losing everything to a gold digger in marriage. RIP

@johnl.7754

3 жыл бұрын

Well at least he got divorced early before really becoming rich.

@ieatshit1

3 жыл бұрын

Rich men are usually weak...to the vergina

Thank you so much for the video..

Nice vídeo, you do a great work.

Make munger's models. by the way nice imitating their voices! :D

Make Munger's models !!!

The fact that both came out of the same town and worked in the same store and still found each other is mind-blowing. Imagine how they talking about past and found out both did

Pls. make munger’s models. Great video btw.

Love the video. Quick note of correction. Ben Franklin was a “founding father” but never actually President of the United States.

@jacknguyen5677

3 жыл бұрын

Do you know why he wasn’t US president? Because he wasn’t born in America. There was another person that in US currency but wasn’t US president, do you know who that person was?

@karenshea7877

3 жыл бұрын

@@jacknguyen5677 He was fairly old after the Washington Administration.

@jacknguyen5677

3 жыл бұрын

@@karenshea7877 Alexander Hamilton was another person on ten dollar Bill, but wasn’t US President, because he wasn’t born in America!

@rishikamath6718

3 жыл бұрын

@@jacknguyen5677 Ben Franklin was born in America.

@abinaashmohan362

3 жыл бұрын

No... Franklin is the best friend of Micheal da santa

Make Mungers’ models. And thanks a ton for the content!

Great job! Thank you for the video.

Great vid!! Charlie is my pref investor of all time. Love your videos

@Crimac23

3 жыл бұрын

yeah Charlie is the best

Very well researched video! Learnt a lot from this. Thanks a lot!

You are GOLD swedish investor. Great content. Munger is my top investor.

Absolutely love your videos, please 'Make Munger's Models'!

Thanks very great content! BRAVO the swedish investor👌😍

Make Munger’s Models!👍

@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance.

@solomon8973

3 жыл бұрын

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Maybe we have different definitions of what it means to be "self-made", but after watching your video, I would have to say that Munger is decidedly NOT a self-made man. He had the extraordinary advantage of some great connections. This combined with his determination and intelligence is what allowed for his riches.

@TheSwedishInvestor

3 жыл бұрын

There are definitely levels to the self-made game!

@awordon9631

3 жыл бұрын

While I do agree, someone can have all the connections in the world and settle for a comfortable life without pushing themselves. Munger isn't entirely safe made, that's true. I do think his pursuit of information was definitely going to suit him had he not been born into their connections.

@hakunamatata7507

3 жыл бұрын

bruh he got a harvard law school hookup without college degree 🤦‍♂️

@Willyama

2 жыл бұрын

No one is self made, we are all connected

@diamondmine9773

Жыл бұрын

true, but also he suffered tradgedies not everyone suffers. Kid died very young. Divorce took everything. etc.... we all have ups and downs

Thank you for the awesome content 👍

Hi, Which tool do you use to make animations?? I'm curious.

Make Munger's models! Great video, loved it, thank u

2:33 ayo kinda sus

Very informative video. Thank you. Make Munger's model video please.

Excellent video!

Thankbyou for being in my life and showing me great wisdom

@pheonahemsworth373

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance..

Make Munger's models!

I really enjoy your videos :)

@pheonahemsworth373

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance

This is a remarkable summary. Thanks!

Make Munger's models ❤️

Make Munger`s models!

Great video!! I'm glad to see such a long video on this great man! 💰😎👍

I highly recommend you a book "The hour between wolf and dog" " :)

@art11000

3 жыл бұрын

Downloaded. Thanks

In case you missed the earlier comments, MAKE MUNGER'S MODELS Thanks!

$2 a day in 1936 is the equivalent of $40 now. Not bad for a 12 year-old in depression era America, not bad at all.

Dina videos är verkligen jättebra, fortsätt gärna och "make Mungers video" 😊

@TheSwedishInvestor

2 жыл бұрын

Tack så mycket Christian! Hoppas att du kommer gilla resten av videorna i serien också.

"Charlie's family grew through mergers and acquisition". I can't believe you said that right when I took a sip of my coffee.

You are doing great job with the channel. Thanks a lot

@solomon8973

3 жыл бұрын

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@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance.

I can only imagine how much time you put to create this video, thank you!

Great summary. Amazing how much stuff he's been through in his life! Enough for several lives.

Thanks very much and "make Munger's Model", pls!

make munger's models! Also if you make a digital pdf or image of the models, I'll buy it! I would love to put them up on my wall.

Make Munger's models

@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance

@solomon8973

3 жыл бұрын

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I just wanted to ask you-- Do you remember me??(I'm 18 now and had once asked your advice on how to start. It has been 1 year since I started investing and have achieved a CAGR(growth rate) of 22%.Thank you as you were my first mentor/teacher of fundamental analysis

@quarterlifeman2470

3 жыл бұрын

Wow! Congratulations!

@TheSwedishInvestor

3 жыл бұрын

Of course I remember Sarthakk Gangwani 🙌 I'm glad to see that you're still around and congratulation on your performance. Hope I'll be able to produce more information which you'll find valuable for your investing career here in the future too.

@sarthakkgangwani762

3 жыл бұрын

@@TheSwedishInvestor can you please make a video on Bitcoin (as it has no inherent value),so why do people invest in it and also the super high pe of Tesla

@ddjchoi

3 жыл бұрын

@@sarthakkgangwani762 second that

Great video

Wow... amazing biography video !!!!

Maybe a cigar butt approach is good for a long while till you have too much cash to continue doing that, then invest the Munger way.

@TheSwedishInvestor

3 жыл бұрын

I second that!

@acetheboss13

3 жыл бұрын

Concentration creates wealth, diversification preserves it

Make Munger's Models. Really i would love to hear it

@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance

@solomon8973

3 жыл бұрын

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Thanks for the video Munger is a great guy

Make mungers model. please... btw great channel

Make Munger’s Models! we need this video from you. TSI :D

Gorgeous !!!

Great video.!

Great Video!!

Make Mungers Models!

@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance.

@solomon8973

3 жыл бұрын

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Make munger's models

@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance..

@solomon8973

3 жыл бұрын

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Make Munger model video. Excellent video!

This is super wisdom I do believe the swedish investor is the number one channel I have come across ready summaries of these books and profiles of great people and writers has made me super human in business and money matters I don't know how to thank you but to let you know I have a huge debt I owe you, this was amazing to listen and watch.

@davidndahura7437

3 жыл бұрын

@@meetkevin5470 I just have not liked the idea of bitcoin because its feature is certain maybe with time I can develop the trust.

Cathie Wood is a joke, no need to include her here. Just calculate her average without the 2020 performance where she got a lot of coverage from the financial media (not for her bets on volume and hype sadly).

@lawrencesalazar6015

3 жыл бұрын

not everything is linear my friend, some people have to keep on doing the same thing for 1, 5, 10+ years before getting "overnight success"

@PaprikaSiAtat

3 жыл бұрын

@@lawrencesalazar6015 That's not the point. You should understand how she/they generated the results they had in 2020 before idolizing this kind of people. Besides, if you beat the market in 1 out of 20 years you kinda are bad at doing it. How can you know the 1 time isn't just luck? In this case, it's risk-taking, playing on liquidity and hype. Nothing special about her.

@ryankoh2606

3 жыл бұрын

Exactly, how can Cathie compared to the legend.

@OffGridInvestor

4 ай бұрын

Cathie is a damn joke yet they still have her on TV

Make mungers models

@solomon8973

3 жыл бұрын

Thanks for your comment. If you'd like to make money investing on Bitcoin with little capital contact For more guidance..

@solomon8973

3 жыл бұрын

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