Was once a fan of the man, but if you listen to him long enough you realise he seldom a lot of his advice is stuff that's not really followed by himself.
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Why does anyone listen to this sad Bailout Boy? Without the bailouts, funded by Mr. and Mrs. Taxpayer, this man would be in shambles right now. Sigh...
I'd wish I was like Warren Buffet but probably in many years I won't be able to because I just started to get into stocks. If I was a billionaire like he was, I wouldn't be all fancy, shancy. Or drive a nice car or live in a big ass house. I would love to live like an average person, go to a typical mom and pop grocery store and drive a beater. There is a reason why i would rather live like everyone else because rich people get very stupid and I wouldn't want to end up earning a Darwin Award.
He's so desperate to be liked by envious liberals that he pretends he pays no corporate taxes as the leading shareholder of Berkshire Hathaway and that he only pays capital gains. Ha! An obvious lie that liberals like Obama and the media pretend is true for propaganda reasons, to raise taxes on the rich. Phooey! Buffett deserves a Dairy Queen up his nose at the next shareholder meeting. I'll be wearing a T-shrt that has his picture above "Wanted for Treason."
Man if you analyzed W.B., you would know his style is grass root plus paternal influence from NYC. How he and his gang of local investors swoop up Nebraska, AVERAGELY turn around failing businesses, amass wealth and reinvest in Wall Street are today successful stories.
I realized many thing from this old man that despite his success, guys, listen to this, he is still on par with Wall Street average return, being a passive investor since how many jobs can you work? Hahahahaha
I can't even imagine how and why anyone would criticize buffet or his words here. He says in this video that the majority of all the money he ever made he will invest back into society by giving it away to good social causes including cancer research. that's amazing.
sorry but it is not an easy thing to get the richest man of the world ( maybe right now the second ) , thats why it is very interesting how such ppl use to think .
warren buffet is a legend no matter if financial or what so ever he is a legend
some psychological warfare tactics are meant to completely paralyze people mentally. If every person in a persons life friend and foe attacks an the same individual it is meant to freeze a persons mind and shut them down. This tactic would be used to make some one go insane if employed against them when they are right and wrong. Psychological warfare.
Warren Buffett supports Goldman Sachs so that should tell you whose side he is on. Don't forget this man also invests in companies that supports the privatization of the prison system. This guy is pure evil, he supports socialism because without your tax dollars the government would not be able to bail out banks and large corporations that this man invests in.
@xxdiogenescynicxx He supports socialism? You clearly have no idea what you are talking about. He is the paragon of capitalism and a free market system. Pure evil? This man has made the largest charitable donation by a single person in the history of the universe. What was it, 50 or so billion dollars? That's just pure evil!!! All those kids dying of malaria in Africa being treated by vaccines paid for by the Bill and Melinda Gates foundation is just sickeningly evil.
@h2olacky Yes he does support socialism, this man wants to raise taxes on the "rich" which probably means upper middle class. And for what? Probably to prepare the public for another bank bailout. The public worships men who gamble on the stock market and that is just retarded. I have nothing against people like Bill Gates because he is actually a producer. But what has Warren Buffet produced? Absolutely nothing. This clown invested in Chinese petro and lithium companies.
@xxdiogenescynicxx he wants to raise taxes on what some would call the super rich,don't 'suppose' or guess that he wants to tax the middle class he has never said that.he has openly said he should be paying more taxes,he is talking about himself and others in similar positions when he says taxes should be raised.
@habesha9779 Look at it this way... if you wanted to be a stone mason, would you rather take advice from a professional stonemason who is recognized around the world for his skills, or some imbecile who never built a single house in his life??
PART 1: Obama betting on the Naivte of his followers: Warren Buffet is being deliberately misleading, We Rich people should be paying a whole lot more; Firstly, as a proportion, they do pay a whole lot more. Buffett is deliberately confusing tax on Capital Gains & Tax on income; he’s also making a lot of $
PART 2: out of what he’s saying. He sells insurance products through Berkshire Hathaway. Insurance products do well when tax rates go up, there is a conflict of interest there yet does Obama provide this info? He has become the Primary Crony Capitalist in the Obama Admin. From what I understand, he still owes a Billion Dollars to the Gov, why hasn’t he paid?
PART 3: Lying to his naïve followers. Associate press fact checks report : CBO 10% of households w/highest incomes pay more than ½ of all federal taxes, they pay more than 70% of Fed Income Taxes..
Obama denies stoking class warfare, then turns around and stokes the first for class warfare comparing hedge farm manger pay with that of teachers. Assoc press relates that in 2009, 1,470 households filed tax
PART 4: returns w/incomes above $1 mill, yet paid no Fed Income Tax, that’s less than 1% of the nearly 237,000 returns w/incomes above $1 mill. Obama is focusing all of his energy on about 1500 Americans who are not paying their fair share. Once they start paying, does anyone really think the deficit problems will be taken care of?
PART 5: On average the wealthiest Americans still pay a lot more in taxes than the middle class, or the poor. They pay at a higher rate, contribute at a higher share. So again Obama Lied
Associated Press: Households making $1 mill or more pay on average 29.1% of their income in Fed Taxes, Households making between $50K & $75K pay 15%, they pay nearly half. What is a Fair Share? Notice how
PART 6: Obama doesn’t say! No Gov anywhere should take more than a ½ of a persons income PERIOD!
All of this takes peoples attention away from Obama’s ineptness; he hands over a ½ Billion $ to a campaign supporter and shows his ineptness by ignoring the warnings given to him. Imagine what would happen in the private sector; HE WOULD BE FIRED ON THE SPOT!
PART 7: Now one has to ask, what good would more $ going to the Gov do anyway? Obama had to admit ‘Shovel Ready Projects weren’t Shovel Ready”, it takes perhaps years to get building/construction permits, writing up plans, etc.. So you’d think he’d learn from his recent experience, but no, he still says he has to dump $ into construction/building etc.. Nearly every day we hear of more Gov Waste, $19 Bill in
PART 9: unemployment overpayments (or was it million?)..; $115 Billion in duplicative spending, checks written to dead people, illegal aliens & prisoners; even the CBO has acknowledged the healthcare plan will cost over $800,000 jobs. Look what he is allowing Brazil to do w/oil drilling, indicating we’ll be their best customers, but won’t let America do the same thing.
PART 10: Look how Obama supports public sector collective bargaining; they take $ from members, use it to get politicians elected (despite the political affiliation of the respective union member), then they negotiate salaries & benefits w/the very politicians they put in office using Tax Payer $ to pay them. So no wonder they got $700,000+ in Viagra; no wonder worker medical coverage was sub-par & could have had more services
PART 11: at a lower cost w/other area providers. Look at Fast & Furious! Look at them trying to get the General to Lie for them! Air Force Space Command General William Shelton claims he was pressured to alter prepared congressional testimony or “say things” he “didn’t agree with” that would, in the end, benefit the communications and satellite company, LightSquared, which is funded by major Democratic Party
PART 12: campaign donor, Philip Falcone. Now the Solydra fiasco & this would normally put a President out of business, but leave it to the lib media and dems to make it seem like nothing. Had Bush done this, there would be cries for his resignation.The list of ineptness goes on and on, but Obama relies on his following believe his every word; he believes you are stupid & you will not investigate what he says; he believes you
PART 13: will accept his lies at face value,he believes by resorting to “The Rich Should Pay Fair Share’ that u will not be sophisticated enough to learn that thisis nothg but a ploy to get uto ignore his ineptness; he’s IS playing on class warfare,all to maintain power.From what I understand, people who interview for a job & don't get it after being unemployed can sue employer if he/she thinks they weren't hired because of discrimination of unemployed. I'm sure that will entice job creation LOL
It probably can start a socialism or comunism era in the United Stes of America because millonaires must to reduce their fortunes, they will become middle class and every person in America will be at the same level, this will be comunism, that's irony!!!
@nem700 Was that not pretty clear from the moment we surpassed you guys in productivity, Nobel prizes or scientific output / impact factor?
I mean, yes, I get it, hyperbole, funny, ha ha ha, but seriously, what is it with foreigners that want to think, and go to great lengths to justify this thinking, that Americans are particularly dumb?
Sorry to break it to you here, but neither are all Americans dumb, nor are dumb people endemic to America (not by a long, loooooooooooooooooooooong shot).
I was joking. America has some fantastic minds, but also great stupidity. But that is to be expected with a population of 500+ million. You have extremes and in betweens. PS Nobel Prizes don't mean anything to me.
@nem700 Yeah, that's what I meant. There's great minds, great morons, and in-betweens in America, in Europe, and in Asia. Americans are not, on average, any dumber than any particular group.
And sorry, I get kind of defensive with that type of jokes, even though they're no more than jokes. But you seem to be a reasonable guy (quite an exception amongst YouTubers :p).
Well Warren I am pleased at the end for you to understand that wealth helps the poor.. I do not mind that the rich are getting their boats lifted more.. They employ Americans.. So that is a good thing.. I think Warren is an excellent investor.. He is by no means a rocket scientist.. Just incredible at seeing opportunity.. A great quality..
Very good point Warren. Durable competative advantage is very important in a capitalistic society. A business is not only doing well now, but will be doing exceptionally well 10 or more years down the road is very hard to come by; and something most business fail in recognizing, hence they are downsized or backrupt-- ending the business venture.
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.... well, you are entitled to your opinion. I stand by my opinion, since I have seen this for made years. Money is king, it rules the world. Sadly so.
@cheeriosinabowl It's not true. Of course no one would listen to him if he was an average pensioner, that doesn't make sense. It's not money though, it's talent. People will listen to a famous Guitar player talk about his technique, or a thousands of people follow a skateboarder. ... You just happen to pick someone with the talent of making money. And to say this video has only 120,000 views in over a year just goes to show that actually people aren't that interested
@cheeriosinabowl I agree with the first two statements, but if he were an average pensioner, he wouldn't be an expert investor. He is an expert in finance, so people who have an interest in the economy, such as the president of the United States, listen to what he has to say because he knows what he is talking about.
@cheeriosinabowl Exactly!All these billionaire guys are so boring-what they have REALLY DONE FOR THIS WORLD?I mean beside all these whacky idiotic "anti AIDS" and other nonsence foundations?How bout sponsoring free energy reasearch and something more senseful like that?Not interested...Keep pumping money in these idiotic enterprises!Sometimes I really doubt these guys have any brain in their "smart" heads....
The masses (people in general) look up to and admire very wealthy people. Wealthy people are considered winners in life and the public hangs onto every one these wealthy people say. Warren could have said something crazy like: Buy mexican jumping beans and people would do it, just because he said so.
@cheeriosinabowl well yeah absolutely...The main issue for me keeps being not this stupid worshipping of them,but the complete waste of huge resourc. on...basicly nothing,especially if you look on a big scale.... Like this Bill Gates "anti-AIDS" foundation,where Warren has pumped I dont know how much money...And what these guys are doing there?WTF they are "researching"?
@cheeriosinabowl While its a proven fact swiching to Raw/Living Foods and some exercise can make miracles for ones health-all the "mysterious" deseases melt away and dissapear never to be seen again...But oh,sure,there is no money in fruits and veggies!Especially not for the CokaCola Man Warren,who yould rather eat his own poop rather than spending some of his billions for promoting of a healthy diet and lifestyle for a real health and desease free society!
@cheeriosinabowl And we souldnt forget the other important factor in the game-the illuminati masters,breathing in his neck.Who would never ever let the human kind to get free and independant through real food and free energy technologies(the REAL game changers,not some fony baloney anti-something foundations!)!So actually Warren guy is in a pretty tough position-to help to the mankind without actually touching on the real,important things...And satisfy with pouring into some botomless buckets..
@krakmxer yea, thats what it says on wikipedia. he is going to give away over 83% of his fortune to charity through the bill gates foundation. honestly, what a role model.
After 7:50, he's caught in a lie. He claims to have a tax rate of 15% but it's on capital gains or dividends from his company, which pays taxes at 35% first, which is like him paying that since he owns a quarter of the stock. Berk Hath paid $3 billion in corp taxes last year, before he sold a share, so his effective tax rate relative to revenues for his company was closer to 50%. He's full of crap. The richer pay more and more as a percentage generally. Or it's after tax muni bond income.
@TheBjmr See. That's my point. You have no argument to make except swearing. When 10% pay 70% of anything, they are paying more than their fair share already. The progressive tax code is unfair by definition. The more you make the more you pay with a flat 20%. But to pay 35% is unfair when others pay 20% or nothing as with the welfare cheats. Half get more out of the system than they pay in. They are like the London rioters, lazy liberal scum with a sense of entitlement for doing nothing.
THIS GUY IS A LYING SACK OF SHIT ON TAXES, GIVING OBAMA BOGUS TALKING POINTS ABOUT THE RICH NOT PAYING ENOUGH. WE HAVE A PROGRESSIVE TAX SYSTEM, WHERE THE RICH GET HOSED, PAYING MORE AS A PERCENTAGE AS THEY MAKE MORE. LOOPHOLES FOR HEDGE FUND MANAGERS CAN BE CLOSED, BUT THAT'S MINOR AND THE EXCEPTION. HE WANTS TO BE LIKED, SO HE LIES? HE'S FULL OF MISINFORMATION ON TAXES. HIS SHAREHOLDERS NEED TO KICK HIS ASS NEXT MEETING.
@DexterHaven49 Honestly, I think that people like Warren Buffet or Bill Gates, whom are multi-billionairs, and frankly, there arent that many such rich people around, that they may be on a special "tax program". For instance it may be something like this:
"You pay a 15% tax rate(or what ever he has said) but you must invest another 20% of your total income in the USA"
It makes sence to me. Imo, I think that this is a faar better solution then giving 35% of your income to the gov.
Also, if if everyone wants to really understand the reason why we can't seem to get a grip on our spending and national debt, then you need to look into the history of the Federal Reserve Bank and understand that it is a private bank owned by international bankers who loan our government its currency with interest! We broke away from England and the bankers and they gained back their control in 1913! Look into the history of Lincoln and Jackson!
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Fascisn is what saved alot of this guy's wealth...I'm kind of disgusted with his capitalism touting bullcrap. He's a real gogetter and deserves alot of his wealth, but he isn't functioning in a capitalistic country.
ShaiSoft said "...capitalism means someone else is losing, it's not a balanced approach." Yes, losing...just like in football, or chess, or playing poker, or American Idol... So, how would you have it, then? Nobody wins & nobody loses? All abilities & skills "Rewarded Uniformly"? The rewards for the efforts and skills of each person "leveled" (i.e. "balanced") to precisely match the rewards of "all others"? And where would you find this All-Knowing authority to
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American teenagers are RETARDED DRUNKTADS? Even if this is true what does that have to do with the allocation of resources among the american population? Your expect kids to behave the same as one of the worlds financially intelligent men?
Buffett is indeed one of the best persons ever, and youtube is full of many of the worsts ever. I AM SO DISAPPOINTED AT YOU people that come to the internet to be your original stupid selves. I weep for you.
I swear, he makes all his ideas and every single thing he says sound so incredible simple, common sense, and almost "well, duh". But yet, I know I would never ever come up with those same ideas by myself, and I could NEVER say them as eloquently. It's crazy
THIS RICH GUY SHOULD JUST GIVE HIS MONEY AWAY TO PEOPLE WHO REALLY NEED IT! LIKE THE PEOPLE IN STOCKTON, CA. NOT TO SOME DUMB CHARITY! THE ONLY REASON THESE RICH PEOPLE GIVE TO CHARITY IS BECAUSE THEY GET A TAX WRITE OFF! WHAT A BULLSHIT IDEA! IF U REALLY WANNA HELP PEOPLE WELL GIVE HOMELESS PEOPLE MONEY AND SHELTERS! GIVE MONEY TO LOW INCOME FAMILIES OR PEOPLE WHO CANT GET A JOB! GIVE UR MONEY TO POOR PEOPLE! NOT TO THAT STUPID CHARITY! GIVE UR MONEY TO THE NEEDY!
@ramsantosjr So by that argument, it's bullshit for Warren Buffet to have given $1.93billion of his money to charity just to give a tax write off... so you're saying he should have just kept his money?
@ramsantosjr He did say in an documentary that "hes good at making money not good at spending" so he hands it over to bill gates to distribute it. And if he really wanted a tax break why would he give away alot of his wealth?
While there are some homeless people who got there through no fault of there own, that is generally not the case. The difference between successful people and people who consistently hover at the bottom of the latter is the drive to take advantage of opportunities that come by. They come very day. Some people take or make opportunities for themselves, while others sit on their hands and feel sorry for themselves. Here homeless dude, have some booze money...
@JohnF30Music I'm not american, just moved to USA 1 year ago, currently in highschool and I must say that in every class there are people who try to achieve good grades and people who don't - the same way it is in every school around the world, so please, save yourself, because right now you made yourself look like an ass.
@JohnF30Music pretty sure that it is like I said - some people want to learn, some people don't... Besides, you don't have to go to public college, go to stanford or harvard... OR find a a good college with good reputation and I'm pretty sure that there won't be that many RETARDED DRUNKTARDS lol.. besides, why did you put TARD in two words? It just looks weird and pretty stupid lol
@JohnF30Music I just gave you two examples and I'm pretty sure there are more. Also, if you don't get into a good college, it's your own problem, because you didn't study and therefore didn't get a good average.
@JohnF30Music My dad just hired 7 teenagers for our family business-and all of the are from other countries born here. lol. None of the American teens (blacks and whites) could barely read English (the onyl language they knew) and most had never touched a broom before. Yes America is over. The very few who know how to work and want to work will be the selective middle class and thats it.
It's not like young Americans are bombarded with advertisements created specifically for them by child psychologists and molded through adolescence to be self-hating pawns of the system or anything...
Our media is fair and balanced and we are the most free society in the whole wide world you tree hugging hippy libtard social-communist!
@JohnF30Music YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSS I TOTALY agree with you, but its not just america, it europ, canada, and so on,
@JohnF30Music Those who dont like the American idealogies of resourcefulness and prosperity are free to leave and starve themselves to death. Unfortunately resourcefulness has come to be associated with money. Money is just plain paper that is not supposed to have inherent value. It is just... paper...
What he is also saying that the majority of the American people pay to much taxes whith othere words they carry the can.And the minority the rich have been getting away with paying their dues.Here in the UK where the banking system caused a crisis and the working people are paying for this with their jobs.The whole monitary system is flawed and the disparity between the haves and have not is getting bigger.
I love the closing analogy! Very well put. It's what most people never really think about. Could you imagine a dirt poor farmer 100 years ago walking into a doctors office and getting a free medical procedure? The coupling of medicaid, for the extremely poor, and modern medicine makes for a very luxurious way of life for the "worst" off in our society today. Our ancestors would be in awe!
I agree with his explanation to as why a government is tempted to inflate the currency to get out of debt but how does that help us when we are paying 10bucks for a loaf of bread with no increases in wages?
@itsazy Buying up companies, amassing billions for himself while the disparity between the rich and poor continues to be exacerbated by the wealthy, elite proponents of exploitative policies. If you really think this man gives a fuck about you or me, or how we're going to get by when hyperinflation hits the US, then you're lost, my friend. He's too far removed from the common man, he only cares that the sheeple keep on playing this inherently exploitative capitalist monetary game.
"Wouldn't be any fun if you didn't make mistakes."
joeybasu516 2 hours ago
It's amazing how sharp he is at his age !!!
TodHeartsound 3 weeks ago
@TodHeartsound yes but he is misleading us on taxes
trueconservatie33 1 week ago
Good thing I played heroes so I know what moat is.
TodHeartsound 3 weeks ago
Was once a fan of the man, but if you listen to him long enough you realise he seldom a lot of his advice is stuff that's not really followed by himself.
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goldtradingacademy 3 weeks ago
Why does anyone listen to this sad Bailout Boy? Without the bailouts, funded by Mr. and Mrs. Taxpayer, this man would be in shambles right now. Sigh...
kevin188888 3 weeks ago
I'd wish I was like Warren Buffet but probably in many years I won't be able to because I just started to get into stocks. If I was a billionaire like he was, I wouldn't be all fancy, shancy. Or drive a nice car or live in a big ass house. I would love to live like an average person, go to a typical mom and pop grocery store and drive a beater. There is a reason why i would rather live like everyone else because rich people get very stupid and I wouldn't want to end up earning a Darwin Award.
vietscouty 3 weeks ago
He's so desperate to be liked by envious liberals that he pretends he pays no corporate taxes as the leading shareholder of Berkshire Hathaway and that he only pays capital gains. Ha! An obvious lie that liberals like Obama and the media pretend is true for propaganda reasons, to raise taxes on the rich. Phooey! Buffett deserves a Dairy Queen up his nose at the next shareholder meeting. I'll be wearing a T-shrt that has his picture above "Wanted for Treason."
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forexproff2014 1 month ago
Warren Buffet is evil to the core
JamieFHarbert 1 month ago
Man if you analyzed W.B., you would know his style is grass root plus paternal influence from NYC. How he and his gang of local investors swoop up Nebraska, AVERAGELY turn around failing businesses, amass wealth and reinvest in Wall Street are today successful stories.
I realized many thing from this old man that despite his success, guys, listen to this, he is still on par with Wall Street average return, being a passive investor since how many jobs can you work? Hahahahaha
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forextutorialscouk 1 month ago
'Are you always right or do you make mistakes?' Dumbest question ever asked. He's been investing for 60 years.
bailinnumberguy 1 month ago
warrenbucks...i like the sound of it.
thomasbthomas 2 months ago 2
I never can understand why Buffett doesn't buy up all the stock of Fastenal.
EXP0SEtheFRAUDS 2 months ago
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this blog is very good:
wallstreetnew.blogspot.com
ellenfgarde12 2 months ago
If he tells you his secret how he will make money. Think, think, think!
saabaria 2 months ago
I can't even imagine how and why anyone would criticize buffet or his words here. He says in this video that the majority of all the money he ever made he will invest back into society by giving it away to good social causes including cancer research. that's amazing.
Cinepodonline 2 months ago
looololololoolol I did a capituhlism loololol ^_^
Archiveofobscurity 2 months ago
@Archiveofobscurity lolol
commonsensedatcom 2 months ago
He's really good at making metaphors
Alexvreidy 3 months ago 29
@Alexvreidy Similies and analogies too
mobytoss 1 month ago
@Alexvreidy but better at making money
Soundgarden8497 4 days ago
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ariesmars1 3 months ago
hands down the best analogies and comparison regarding finance and business.
drumm3r66 4 months ago
sorry but it is not an easy thing to get the richest man of the world ( maybe right now the second ) , thats why it is very interesting how such ppl use to think .
warren buffet is a legend no matter if financial or what so ever he is a legend
GonG108 4 months ago
That's something I was not aware of. 8:15
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some psychological warfare tactics are meant to completely paralyze people mentally. If every person in a persons life friend and foe attacks an the same individual it is meant to freeze a persons mind and shut them down. This tactic would be used to make some one go insane if employed against them when they are right and wrong. Psychological warfare.
fhandington 4 months ago
Warren Buffett supports Goldman Sachs so that should tell you whose side he is on. Don't forget this man also invests in companies that supports the privatization of the prison system. This guy is pure evil, he supports socialism because without your tax dollars the government would not be able to bail out banks and large corporations that this man invests in.
xxdiogenescynicxx 4 months ago
@xxdiogenescynicxx He supports socialism? You clearly have no idea what you are talking about. He is the paragon of capitalism and a free market system. Pure evil? This man has made the largest charitable donation by a single person in the history of the universe. What was it, 50 or so billion dollars? That's just pure evil!!! All those kids dying of malaria in Africa being treated by vaccines paid for by the Bill and Melinda Gates foundation is just sickeningly evil.
h2olacky 4 months ago
@h2olacky Yes he does support socialism, this man wants to raise taxes on the "rich" which probably means upper middle class. And for what? Probably to prepare the public for another bank bailout. The public worships men who gamble on the stock market and that is just retarded. I have nothing against people like Bill Gates because he is actually a producer. But what has Warren Buffet produced? Absolutely nothing. This clown invested in Chinese petro and lithium companies.
xxdiogenescynicxx 4 months ago
@xxdiogenescynicxx If you think thousands of successful investments with unparalleled returns is gambling then you really are an idiot.
h2olacky 4 months ago
@h2olacky Yeah and look at the companies this man invested in.
xxdiogenescynicxx 4 months ago
@xxdiogenescynicxx he wants to raise taxes on what some would call the super rich,don't 'suppose' or guess that he wants to tax the middle class he has never said that.he has openly said he should be paying more taxes,he is talking about himself and others in similar positions when he says taxes should be raised.
Flash13Magic 4 months ago
@h2olacky You do realize that people with evil intentions hide behind philanthropy don't you? I mean after all Rothschild's give to charity too.
xxdiogenescynicxx 4 months ago
people like to listen to wise people not rich people. if he had inherited all his money and did noting smart no one will listen to him.
habesha9779 5 months ago 56
@habesha9779 Look at it this way... if you wanted to be a stone mason, would you rather take advice from a professional stonemason who is recognized around the world for his skills, or some imbecile who never built a single house in his life??
Exactly.
DamionCrane 1 month ago
@habesha9779 poor loser
theMuffinMan9999 1 month ago
@habesha9779 Is paris hilton therefore wise? Not a critism, but a question.
man4hire 1 week ago
PART 1: Obama betting on the Naivte of his followers: Warren Buffet is being deliberately misleading, We Rich people should be paying a whole lot more; Firstly, as a proportion, they do pay a whole lot more. Buffett is deliberately confusing tax on Capital Gains & Tax on income; he’s also making a lot of $
WingThaiJ 5 months ago
PART 2: out of what he’s saying. He sells insurance products through Berkshire Hathaway. Insurance products do well when tax rates go up, there is a conflict of interest there yet does Obama provide this info? He has become the Primary Crony Capitalist in the Obama Admin. From what I understand, he still owes a Billion Dollars to the Gov, why hasn’t he paid?
WingThaiJ 5 months ago
PART 3: Lying to his naïve followers. Associate press fact checks report : CBO 10% of households w/highest incomes pay more than ½ of all federal taxes, they pay more than 70% of Fed Income Taxes..
Obama denies stoking class warfare, then turns around and stokes the first for class warfare comparing hedge farm manger pay with that of teachers. Assoc press relates that in 2009, 1,470 households filed tax
WingThaiJ 5 months ago
PART 4: returns w/incomes above $1 mill, yet paid no Fed Income Tax, that’s less than 1% of the nearly 237,000 returns w/incomes above $1 mill. Obama is focusing all of his energy on about 1500 Americans who are not paying their fair share. Once they start paying, does anyone really think the deficit problems will be taken care of?
WingThaiJ 5 months ago
PART 5: On average the wealthiest Americans still pay a lot more in taxes than the middle class, or the poor. They pay at a higher rate, contribute at a higher share. So again Obama Lied
Associated Press: Households making $1 mill or more pay on average 29.1% of their income in Fed Taxes, Households making between $50K & $75K pay 15%, they pay nearly half. What is a Fair Share? Notice how
WingThaiJ 5 months ago
PART 6: Obama doesn’t say! No Gov anywhere should take more than a ½ of a persons income PERIOD!
All of this takes peoples attention away from Obama’s ineptness; he hands over a ½ Billion $ to a campaign supporter and shows his ineptness by ignoring the warnings given to him. Imagine what would happen in the private sector; HE WOULD BE FIRED ON THE SPOT!
WingThaiJ 5 months ago
PART 7: Now one has to ask, what good would more $ going to the Gov do anyway? Obama had to admit ‘Shovel Ready Projects weren’t Shovel Ready”, it takes perhaps years to get building/construction permits, writing up plans, etc.. So you’d think he’d learn from his recent experience, but no, he still says he has to dump $ into construction/building etc.. Nearly every day we hear of more Gov Waste, $19 Bill in
WingThaiJ 5 months ago
PART 9: unemployment overpayments (or was it million?)..; $115 Billion in duplicative spending, checks written to dead people, illegal aliens & prisoners; even the CBO has acknowledged the healthcare plan will cost over $800,000 jobs. Look what he is allowing Brazil to do w/oil drilling, indicating we’ll be their best customers, but won’t let America do the same thing.
WingThaiJ 5 months ago
PART 10: Look how Obama supports public sector collective bargaining; they take $ from members, use it to get politicians elected (despite the political affiliation of the respective union member), then they negotiate salaries & benefits w/the very politicians they put in office using Tax Payer $ to pay them. So no wonder they got $700,000+ in Viagra; no wonder worker medical coverage was sub-par & could have had more services
WingThaiJ 5 months ago
PART 11: at a lower cost w/other area providers. Look at Fast & Furious! Look at them trying to get the General to Lie for them! Air Force Space Command General William Shelton claims he was pressured to alter prepared congressional testimony or “say things” he “didn’t agree with” that would, in the end, benefit the communications and satellite company, LightSquared, which is funded by major Democratic Party
WingThaiJ 5 months ago
PART 12: campaign donor, Philip Falcone. Now the Solydra fiasco & this would normally put a President out of business, but leave it to the lib media and dems to make it seem like nothing. Had Bush done this, there would be cries for his resignation.The list of ineptness goes on and on, but Obama relies on his following believe his every word; he believes you are stupid & you will not investigate what he says; he believes you
WingThaiJ 5 months ago
PART 13: will accept his lies at face value,he believes by resorting to “The Rich Should Pay Fair Share’ that u will not be sophisticated enough to learn that thisis nothg but a ploy to get uto ignore his ineptness; he’s IS playing on class warfare,all to maintain power.From what I understand, people who interview for a job & don't get it after being unemployed can sue employer if he/she thinks they weren't hired because of discrimination of unemployed. I'm sure that will entice job creation LOL
WingThaiJ 5 months ago
It probably can start a socialism or comunism era in the United Stes of America because millonaires must to reduce their fortunes, they will become middle class and every person in America will be at the same level, this will be comunism, that's irony!!!
jvargas248 5 months ago
Such an eloquent and brilliant man. Whatever he says sounds like a wisdom to me.
ahmedonian 5 months ago
haha it's lifted the yachts alot faster. brilliant. looks like not every american is a moron.
nem700 6 months ago
@nem700 Was that not pretty clear from the moment we surpassed you guys in productivity, Nobel prizes or scientific output / impact factor?
I mean, yes, I get it, hyperbole, funny, ha ha ha, but seriously, what is it with foreigners that want to think, and go to great lengths to justify this thinking, that Americans are particularly dumb?
Sorry to break it to you here, but neither are all Americans dumb, nor are dumb people endemic to America (not by a long, loooooooooooooooooooooong shot).
AlvinHDavernport 5 months ago
@AlvinHDavernport
I was joking. America has some fantastic minds, but also great stupidity. But that is to be expected with a population of 500+ million. You have extremes and in betweens. PS Nobel Prizes don't mean anything to me.
nem700 5 months ago
@nem700 Yeah, that's what I meant. There's great minds, great morons, and in-betweens in America, in Europe, and in Asia. Americans are not, on average, any dumber than any particular group.
And sorry, I get kind of defensive with that type of jokes, even though they're no more than jokes. But you seem to be a reasonable guy (quite an exception amongst YouTubers :p).
AlvinHDavernport 5 months ago
@ JohnF30Music fuk u btrraaa ikm winning
thisguy1ify 6 months ago
Warren lost 50 pc of his shares in GFC
Aurigalive 6 months ago
@Aurigalive Shutup idiot
jamlucas 6 months ago
This guy's a good actor.
HitMakerSolo 6 months ago
Well Warren I am pleased at the end for you to understand that wealth helps the poor.. I do not mind that the rich are getting their boats lifted more.. They employ Americans.. So that is a good thing.. I think Warren is an excellent investor.. He is by no means a rocket scientist.. Just incredible at seeing opportunity.. A great quality..
SuperGuitarman69 6 months ago
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ugayasabit 6 months ago
Very good point Warren. Durable competative advantage is very important in a capitalistic society. A business is not only doing well now, but will be doing exceptionally well 10 or more years down the road is very hard to come by; and something most business fail in recognizing, hence they are downsized or backrupt-- ending the business venture.
seekperfection 6 months ago
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foster2367 6 months ago
It just goes to show that people value and judge you by how rich you are. If Warren were an average pensioner, nobody would listen to him.
It's all about the money. Nothing else matters anymore in this whacko world.
cheeriosinabowl 6 months ago
@cheeriosinabowl Your statement is simply not true.
ahardiman251 4 months ago
@ahardiman251
.... well, you are entitled to your opinion. I stand by my opinion, since I have seen this for made years. Money is king, it rules the world. Sadly so.
cheeriosinabowl 4 months ago
@cheeriosinabowl It's not true. Of course no one would listen to him if he was an average pensioner, that doesn't make sense. It's not money though, it's talent. People will listen to a famous Guitar player talk about his technique, or a thousands of people follow a skateboarder. ... You just happen to pick someone with the talent of making money. And to say this video has only 120,000 views in over a year just goes to show that actually people aren't that interested
ahardiman251 4 months ago
@cheeriosinabowl I agree with the first two statements, but if he were an average pensioner, he wouldn't be an expert investor. He is an expert in finance, so people who have an interest in the economy, such as the president of the United States, listen to what he has to say because he knows what he is talking about.
h2olacky 4 months ago
@h2olacky
..... I honestly can't relate to billionaires, LOL. But he is worth listening to, there are some morcels of wisdom for us common folk from Warren.
cheeriosinabowl 4 months ago
@cheeriosinabowl Have you listened to his wisdom?
DrIndubitably 3 months ago
@DrIndubitably
... yes I have.
cheeriosinabowl 3 months ago
@cheeriosinabowl Exactly!All these billionaire guys are so boring-what they have REALLY DONE FOR THIS WORLD?I mean beside all these whacky idiotic "anti AIDS" and other nonsence foundations?How bout sponsoring free energy reasearch and something more senseful like that?Not interested...Keep pumping money in these idiotic enterprises!Sometimes I really doubt these guys have any brain in their "smart" heads....
galimir 3 months ago in playlist Warren Buffett on Secret of His Success
@galimir
The masses (people in general) look up to and admire very wealthy people. Wealthy people are considered winners in life and the public hangs onto every one these wealthy people say. Warren could have said something crazy like: Buy mexican jumping beans and people would do it, just because he said so.
cheeriosinabowl 3 months ago
@cheeriosinabowl well yeah absolutely...The main issue for me keeps being not this stupid worshipping of them,but the complete waste of huge resourc. on...basicly nothing,especially if you look on a big scale.... Like this Bill Gates "anti-AIDS" foundation,where Warren has pumped I dont know how much money...And what these guys are doing there?WTF they are "researching"?
galimir 3 months ago
@cheeriosinabowl While its a proven fact swiching to Raw/Living Foods and some exercise can make miracles for ones health-all the "mysterious" deseases melt away and dissapear never to be seen again...But oh,sure,there is no money in fruits and veggies!Especially not for the CokaCola Man Warren,who yould rather eat his own poop rather than spending some of his billions for promoting of a healthy diet and lifestyle for a real health and desease free society!
galimir 3 months ago
@cheeriosinabowl And we souldnt forget the other important factor in the game-the illuminati masters,breathing in his neck.Who would never ever let the human kind to get free and independant through real food and free energy technologies(the REAL game changers,not some fony baloney anti-something foundations!)!So actually Warren guy is in a pretty tough position-to help to the mankind without actually touching on the real,important things...And satisfy with pouring into some botomless buckets..
galimir 3 months ago
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rocaho001 6 months ago
what happens if warren dies?? does all his money goes to charity??
krakmxer 7 months ago
@krakmxer yea, thats what it says on wikipedia. he is going to give away over 83% of his fortune to charity through the bill gates foundation. honestly, what a role model.
9simsim 7 months ago
@9simsim But he still has some money left or what??
krakmxer 7 months ago
After 7:50, he's caught in a lie. He claims to have a tax rate of 15% but it's on capital gains or dividends from his company, which pays taxes at 35% first, which is like him paying that since he owns a quarter of the stock. Berk Hath paid $3 billion in corp taxes last year, before he sold a share, so his effective tax rate relative to revenues for his company was closer to 50%. He's full of crap. The richer pay more and more as a percentage generally. Or it's after tax muni bond income.
DexterHaven49 7 months ago
@DexterHaven49 bullshit
TheBjmr 6 months ago
@TheBjmr See. That's my point. You have no argument to make except swearing. When 10% pay 70% of anything, they are paying more than their fair share already. The progressive tax code is unfair by definition. The more you make the more you pay with a flat 20%. But to pay 35% is unfair when others pay 20% or nothing as with the welfare cheats. Half get more out of the system than they pay in. They are like the London rioters, lazy liberal scum with a sense of entitlement for doing nothing.
DexterHaven49 6 months ago
THIS GUY IS A LYING SACK OF SHIT ON TAXES, GIVING OBAMA BOGUS TALKING POINTS ABOUT THE RICH NOT PAYING ENOUGH. WE HAVE A PROGRESSIVE TAX SYSTEM, WHERE THE RICH GET HOSED, PAYING MORE AS A PERCENTAGE AS THEY MAKE MORE. LOOPHOLES FOR HEDGE FUND MANAGERS CAN BE CLOSED, BUT THAT'S MINOR AND THE EXCEPTION. HE WANTS TO BE LIKED, SO HE LIES? HE'S FULL OF MISINFORMATION ON TAXES. HIS SHAREHOLDERS NEED TO KICK HIS ASS NEXT MEETING.
DexterHaven49 7 months ago
@DexterHaven49 THE FACT THAT YOU WRITE WITH CAPS ON MAKES YOUR POINT MUCH MORE COGENT
WillGGH 7 months ago
@DexterHaven49 Honestly, I think that people like Warren Buffet or Bill Gates, whom are multi-billionairs, and frankly, there arent that many such rich people around, that they may be on a special "tax program". For instance it may be something like this:
"You pay a 15% tax rate(or what ever he has said) but you must invest another 20% of your total income in the USA"
It makes sence to me. Imo, I think that this is a faar better solution then giving 35% of your income to the gov.
MarkAurelius3 6 months ago
I watched about 7 videos on Buffet, this one was the most worth while.
NinjightNationCorp 7 months ago
this man is wise and humble.
not to mention selfless.
model for all.
merklesnook 7 months ago
wow.. listen starting at 6:46.
Also, if if everyone wants to really understand the reason why we can't seem to get a grip on our spending and national debt, then you need to look into the history of the Federal Reserve Bank and understand that it is a private bank owned by international bankers who loan our government its currency with interest! We broke away from England and the bankers and they gained back their control in 1913! Look into the history of Lincoln and Jackson!
devendati 7 months ago
He's old and rich. Of course, people are going to hang onto every word he says.
Shhhh now, Mr. Buffett is speaking.
cheeriosinabowl 7 months ago
thumbs up if you thinkk that by listening to Warren your gonna get rich! xDDD
CLIFINHO10 7 months ago
@CLIFINHO10 i thought till i read ur comment ;P so take a thumps down now!
ftlptba 7 months ago
@ftlptba hahahahaha xDDDD good luck!
CLIFINHO10 7 months ago
He is genius in terms of investment, and he is also very humorous and looks very kindly!
fwyy 8 months ago
Warren is a great man and legend.
ultrazoidxxx 8 months ago
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foster2367 8 months ago
Fascisn is what saved alot of this guy's wealth...I'm kind of disgusted with his capitalism touting bullcrap. He's a real gogetter and deserves alot of his wealth, but he isn't functioning in a capitalistic country.
eternalperchedbird 8 months ago
@eternalperchedbird Yea, he's full of crap this guy.
ExquisiteDoom 8 months ago
he is sharp
squidheaven 8 months ago
Buffet for president. Obama should ask buffet how to get back on track with the economy
billjoe88 8 months ago
ShaiSoft said "...capitalism means someone else is losing, it's not a balanced approach." Yes, losing...just like in football, or chess, or playing poker, or American Idol... So, how would you have it, then? Nobody wins & nobody loses? All abilities & skills "Rewarded Uniformly"? The rewards for the efforts and skills of each person "leveled" (i.e. "balanced") to precisely match the rewards of "all others"? And where would you find this All-Knowing authority to
oversee our lives, madame?
grifflesnaffle 9 months ago
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foster2367 9 months ago
American teenagers are RETARDED DRUNKTADS? Even if this is true what does that have to do with the allocation of resources among the american population? Your expect kids to behave the same as one of the worlds financially intelligent men?
JWmrkting 9 months ago 7
I learned nothing new from this ...
Schnitzelfreaks 9 months ago
Buffett is indeed one of the best persons ever, and youtube is full of many of the worsts ever. I AM SO DISAPPOINTED AT YOU people that come to the internet to be your original stupid selves. I weep for you.
Long Live Buffett
michelepellino 9 months ago
Warren buffet is the greatest person ever
fairastits 9 months ago
@meganification Exactly! Genius in simplicity.
HRWellness 10 months ago
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1XMarksSpot 10 months ago
a millionaire that cannot get it up without viagra , what and irony ! i rather be poor and have a hard on all day long without viagra !
kalimanfeoli 10 months ago
cant stop watching 6:58
dre200112000 10 months ago
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the greatest man living on earth
muthu9009 10 months ago
the greatest man living on earth
muthu9009 10 months ago
Such simple thinking from such a great mind and business man.
HRWellness 10 months ago
I swear, he makes all his ideas and every single thing he says sound so incredible simple, common sense, and almost "well, duh". But yet, I know I would never ever come up with those same ideas by myself, and I could NEVER say them as eloquently. It's crazy
bigtex144 10 months ago
Wish I was a nerd!
borderlord 10 months ago
@borderlord have some self esteem
kalimanfeoli 10 months ago
THIS RICH GUY SHOULD JUST GIVE HIS MONEY AWAY TO PEOPLE WHO REALLY NEED IT! LIKE THE PEOPLE IN STOCKTON, CA. NOT TO SOME DUMB CHARITY! THE ONLY REASON THESE RICH PEOPLE GIVE TO CHARITY IS BECAUSE THEY GET A TAX WRITE OFF! WHAT A BULLSHIT IDEA! IF U REALLY WANNA HELP PEOPLE WELL GIVE HOMELESS PEOPLE MONEY AND SHELTERS! GIVE MONEY TO LOW INCOME FAMILIES OR PEOPLE WHO CANT GET A JOB! GIVE UR MONEY TO POOR PEOPLE! NOT TO THAT STUPID CHARITY! GIVE UR MONEY TO THE NEEDY!
ramsantosjr 11 months ago
@ramsantosjr So by that argument, it's bullshit for Warren Buffet to have given $1.93billion of his money to charity just to give a tax write off... so you're saying he should have just kept his money?
boipinoi604 11 months ago
@boipinoi604 EXACTLY.
ramsantosjr 11 months ago
@ramsantosjr I'm glad you're not a billionaire.
boipinoi604 11 months ago
@boipinoi604 FUCK OFF HOMELESS!
ramsantosjr 11 months ago
@ramsantosjr Beggars can't be choosers. A donation is a donation is a donation.
If won't be fair for those of us working, to have you guys rewarded for being jobless.
boipinoi604 11 months ago
@ramsantosjr He did say in an documentary that "hes good at making money not good at spending" so he hands it over to bill gates to distribute it. And if he really wanted a tax break why would he give away alot of his wealth?
unoyeat29 11 months ago
@ramsantosjr What a bunch of BS.
While there are some homeless people who got there through no fault of there own, that is generally not the case. The difference between successful people and people who consistently hover at the bottom of the latter is the drive to take advantage of opportunities that come by. They come very day. Some people take or make opportunities for themselves, while others sit on their hands and feel sorry for themselves. Here homeless dude, have some booze money...
logansowner1 8 months ago
if americans were like this guy, america wouldn't be falling so rapidly. American teenagers are RETARDED DRUNKTARDS.
JohnF30Music 11 months ago 45
@JohnF30Music not all of em but most
chopper82p 11 months ago
@JohnF30Music I hate mass stereotyping. Let's just say there is secularism increasing as a majority.
rooroo1988 10 months ago
@JohnF30Music don't forget that capitalism means someone else is losing, it's not balanced approach.
ShaiSoft 9 months ago
@JohnF30Music you are fuckin idoet!
silvermaniamania1 8 months ago
@JohnF30Music I'm not american, just moved to USA 1 year ago, currently in highschool and I must say that in every class there are people who try to achieve good grades and people who don't - the same way it is in every school around the world, so please, save yourself, because right now you made yourself look like an ass.
FearlessLT 7 months ago
@FearlessLT that's because you're in high school, bro. things change right after high school graduation. lol
JohnF30Music 7 months ago
@JohnF30Music pretty sure that it is like I said - some people want to learn, some people don't... Besides, you don't have to go to public college, go to stanford or harvard... OR find a a good college with good reputation and I'm pretty sure that there won't be that many RETARDED DRUNKTARDS lol.. besides, why did you put TARD in two words? It just looks weird and pretty stupid lol
FearlessLT 7 months ago
@FearlessLT the two colleges you mentioned are two out of hundreds in america. statistically, that's extremely poor.
JohnF30Music 7 months ago
@JohnF30Music I just gave you two examples and I'm pretty sure there are more. Also, if you don't get into a good college, it's your own problem, because you didn't study and therefore didn't get a good average.
FearlessLT 7 months ago
@JohnF30Music My dad just hired 7 teenagers for our family business-and all of the are from other countries born here. lol. None of the American teens (blacks and whites) could barely read English (the onyl language they knew) and most had never touched a broom before. Yes America is over. The very few who know how to work and want to work will be the selective middle class and thats it.
bostongirlsandy 7 months ago
@JohnF30Music
It's not like young Americans are bombarded with advertisements created specifically for them by child psychologists and molded through adolescence to be self-hating pawns of the system or anything...
Our media is fair and balanced and we are the most free society in the whole wide world you tree hugging hippy libtard social-communist!
kiailol 6 months ago
@kiailol I will assume you're being sarcastic
JohnF30Music 6 months ago
@JohnF30Music *sniff sniff* im a teenager....and i listen to him.
Hockeyguy519 6 months ago
@JohnF30Music YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSS I TOTALY agree with you, but its not just america, it europ, canada, and so on,
wowzinger 6 months ago
@JohnF30Music Those who dont like the American idealogies of resourcefulness and prosperity are free to leave and starve themselves to death. Unfortunately resourcefulness has come to be associated with money. Money is just plain paper that is not supposed to have inherent value. It is just... paper...
tetdragon 6 months ago
@JohnF30Music Well with sell-outs like you American wont last that long to exists
Mountshilol 5 months ago
@JohnF30Music Congratulations on proving your own point.
sodafromyoda 5 months ago
@JohnF30Music Yeah I knew you were wait still are
Mountshilol 5 months ago
@JohnF30Music Drunktards?
Motive11331 5 months ago
THIS GUY WENT TO MY SCHOOL
xXBurnFireblazeXx 11 months ago
@xXBurnFireblazeXx BILL GATES CAME TO MY SCHOOL AND NAMED IT ONE OF THE BEST 3 SCHOOLS IN AMERICA!! BEAT THAT!!!!! lol (i also met him)
chopper82p 11 months ago
@chopper82p so bill gates signed my halo 3 and i have bill gates signature and bill gates and warren bueffet knows him to beat that :P
xXBurnFireblazeXx 11 months ago
@xXBurnFireblazeXx lol ok ok
chopper82p 11 months ago
Every time i hear him talk i like him more
kalzx 11 months ago 56
@kalzx he uses viagra and has millions what an irony
kalimanfeoli 10 months ago
@kalzx that's because you are not working at one of his factories in some third world... XD
silvermaniamania1 8 months ago
@kalzx now i know ur manipulated. He is a master psycologist...for Heaven sake..
onlysush11 7 months ago
@ralphinator guess what though? Warren Buffet started with nothing.
astrosntexans 11 months ago
What he is also saying that the majority of the American people pay to much taxes whith othere words they carry the can.And the minority the rich have been getting away with paying their dues.Here in the UK where the banking system caused a crisis and the working people are paying for this with their jobs.The whole monitary system is flawed and the disparity between the haves and have not is getting bigger.
foppo100 11 months ago
I love the closing analogy! Very well put. It's what most people never really think about. Could you imagine a dirt poor farmer 100 years ago walking into a doctors office and getting a free medical procedure? The coupling of medicaid, for the extremely poor, and modern medicine makes for a very luxurious way of life for the "worst" off in our society today. Our ancestors would be in awe!
TravisVadon 11 months ago
I agree with his explanation to as why a government is tempted to inflate the currency to get out of debt but how does that help us when we are paying 10bucks for a loaf of bread with no increases in wages?
Trox118 1 year ago
@Trox118 It doesn't. He doesn't give a fuck about us.
KillerCracker69 1 year ago
Greedy PIG.
KillerCracker69 1 year ago
@KillerCracker69 Care to justify your point?
itsazy 1 year ago
@itsazy Buying up companies, amassing billions for himself while the disparity between the rich and poor continues to be exacerbated by the wealthy, elite proponents of exploitative policies. If you really think this man gives a fuck about you or me, or how we're going to get by when hyperinflation hits the US, then you're lost, my friend. He's too far removed from the common man, he only cares that the sheeple keep on playing this inherently exploitative capitalist monetary game.
KillerCracker69 1 year ago
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And that so called mote is the government insiders pulling the string for you, Mr. Buffett. :D
jhardknox 1 year ago
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jhardknox 1 year ago
such a simple nice guy a role model in every sense im astonished how down to earth he is with his vast amounts of money
1979mirza 1 year ago