Howard Marks: 78 Years of Investing Wisdom in 60 Minutes (MUST WATCH)

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  @InvestorCenter · 1 year ago · pinned

  💰Download Howard Marks&apos; legendary investment memos here: <a href="https://thecompoundersclub.ck.page/302b0a383a">https://thecompoundersclub.ck.page/302b0a383a</a>

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  @JohnnyEverson-r5w · 2 days ago

  I’ve come to realize that the hardest part of investing isn’t finding opportunities, it’s knowing how to build a portfolio that can handle the inevitable mistakes along the way. Buying stocks sounds simple enough, but consistently choosing the right ones without a solid strategy is easier said than done.. Learning about diversification, risk management, and having clear entry and exit plans completely changed my approach. Over time, those lessons helped me grow my portfolio from a 5-figure balance into a solid 6-figure nest egg. Thanks again, Adriana Mcgrath, for the traditional trading acumen that makes this possible.

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  @joshveronica4796 · 1 month ago

  As a newbie about to invest, you must have these four things in mind <br>‎1. Have a long term mindset.<br>‎2. Be willing to take risk.<br>‎3. Be careful on money usage, if you&apos;re not spending to earn back, then stop spending.<br>‎4. Never claim to know - Ask questions and it&apos;s best you work with a financial advisor.

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  @cjljianlang8240 · 1 year ago

  *<a href="https://www.youtube.com/watch?v=V44vd4sJcPs">0:00</a> Highlight<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=108">1:48</a> Warren Buffett <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=154">2:34</a> Investing Is Very Difficult<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=212">3:32</a> Humble Beginnings<br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=307">5:07</a> Your Philosophy<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=366">6:06</a> Fooled By Randomness<br>1.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=470">7:50</a> Book<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=519">8:39</a> Good And Bad Decision<br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=584">9:44</a> Things That Should Happen Don&apos;t Happen<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=698">11:38</a> Risks Means More Things Will Happen/Expected Value<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=761">12:41</a> Skydiver With 98 Percent Of The Time<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=821">13:41</a> Can&apos;t Live With The Averages<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=851">14:11</a> Overpriced Is Not Going Down Tomorrow<br>2.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=868">14:28</a> John Kenneth Galbraith<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=911">15:11</a> Book<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1049">17:29</a> Forecast Of Radical Change<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1123">18:43</a> Wall Street Journal Poll <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1162">19:22</a> Person Was Always Wrong<br>3.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1214">20:14</a> The Loser Game <br>Two Kinds Of Tennis Winner<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1260">21:00</a> Hitting Winning Shots <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1319">21:59</a> Avoiding Hitting Losers<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1392">23:12</a> Inefficiencies But Hard To Take Advantage Of<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1452">24:12</a> Good Enough To Go For Winners Or Avoid Losers Investing<br>4.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1490">24:50</a> Meeting Mike Milken<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1530">25:30</a> Triple A Bonds<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1572">26:12</a> Single B Bonds<br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1610">26:50</a> Highlight Buying Things For Less Than They Are Worth<br>**<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1719">28:39</a> Contradictory View<br>***<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1828">30:28</a> Invest Best Companies Lose Money Invest Worst Company Make Money<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1883">31:23</a> Weed Out Those That Don&apos;t Survive<br>5.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1928">32:08</a> Second Edition Security Analysis <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=1975">32:55</a> Bond Investing Negative Art<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2033">33:53</a> Dividend Stocks Excluding The Ones That Don&apos;t Buy<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2140">35:40</a> Risk Control Consistency <br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2230">37:10</a> Math Absurdity <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2270">37:50</a> The Others Blow Up<br>**<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2332">38:52</a> Market Timing Long Term Investing In Assets That Are Underpriced<br>***<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2392">39:52</a> Vicarious Experience Of Others<br>1.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2422">40:22</a> What Wise Do The Fool Does At The End <br>2.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2467">41:07</a> Survive The Bad Days<br>3.<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2496">41:36</a> Too Far Ahead Is Wrong<br>***<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2520">42:00</a> Arrogance Greatest Risk<br>Q And A <br>1.)*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2567">42:47</a> Wisdom<br>**<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2585">43:05</a> Want To Get Rich<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2613">43:33</a> Be Aggressive When Market Crash<br>2)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2651">44:11</a> Economic Framework<br>***<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2730">45:30</a> Judgement/Second Layer Thinking<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2778">46:18</a> Most People Not Above Average<br>3)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2791">46:31</a> Index Fund<br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2832">47:12</a> Fees Active Fund<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2856">47:36</a> Won&apos;t Outperform <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2891">48:11</a> Amateur Investor Not Riskless Trade<br>4)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2947">49:07</a> Indexation<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=2977">49:37</a> Efficient Market<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3001">50:01</a> Possible To Beat Market<br>5)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3058">50:58</a> Time For Value And Price To Close<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3112">51:52</a> Activist Investor <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3160">52:40</a> Most Stocks Never Catalyst<br>6)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3198">53:18</a> Track Record <br>***<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3232">53:52</a> Nobody Else Doing It <br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3271">54:31</a> Other Countries<br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3317">55:17</a> Bankrupt Companies Bonds<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3364">56:04</a> 23 Percent A Year In 28 Years<br>7)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3465">57:45</a> Small Guy Larger Capital Small Performance <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3535">58:55</a> Destructive Testing<br>***<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3585">59:45</a> Big Brain Little Money Lot Of Time Exceptional Insight Can Find Great Bargains<br>8)<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3628">1:00:28</a> Risk Free Rate 2006 Market<br>*<a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3720">1:02:00</a> Chasing High Yields<br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=3804">1:03:24</a> Race To Bottom <br><a href="https://www.youtube.com/watch?v=V44vd4sJcPs&amp;t=4039">1:07:19</a> Low Balling

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  @ThararatSanuangsak · 2 days ago

  You explained everything perfectly.

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  @firstperspective9131 · 1 year ago

  Internet has made all this legendary stuff available for free.

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  @Peter-t9h4d · 1 year ago

  In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of &quot;time in the market vs. timing the market&quot; proves valuable, especially during market fluctuations.

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  @MrDunham-b49 · 1 year ago

  Boy the financial advisor scammers are heavy here! Folks only trust a fiduciary for financial advice and not one suggested on YouTube! 💯

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  @samurai2060-v2y · 1 year ago

  Its true. Buying good companies means buying at a expensive price. Risk free companies are too pricy.

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  @AfrahimMondal-s6y · 20 hours ago

  This video cured my boredom.

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  @TheQuixoteuno · 1 year ago

  The dude knows a lot about investing and human psychology. A pleasure to listen.

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  @ruouvangaz · 1 day ago

  Thanks for sharing! 🥰