 Good day, fellow investors. Charlie Munger is definitely the favorite investor that I look up to because he has done it all in life. He has made money, he has lived life, ate children, had a boat. Really, really, he traveled the world, invested in China, had a lifetime like I aspire to have. Plus, he agrees with something, he sees things from a different perspective and there is so much to learn from him. For example, the favorite quote that I found for now in this life that is really mind-blowing and really summarizes also my wishes. What I want to do with this channel is the following. Our experience tends to confirm a long-held notion that being prepared on a few occasions in a lifetime to act promptly in scale, in doing some simple and logical thing will often dramatically improve the financial results of that lifetime. A few major opportunities clearly recognizable as such will usually come to the one who continuously searches and waits with a curious mind that loves diagnosis involving multiple variables. And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past. And this is exactly what I'm trying to explain when I look at economic data, when I look at stocks. It's not about investing now immediately, it's just about simply patiently waiting for those great investments. In 2002 I started investing in stocks because there was a high dividend yield, those were cheap. 2009, 2011 I invested heavily in stocks because those were cheap again. 2013 I put all my money, what I had from all this moving around. We bought a house in the Netherlands. We did an excellent deal and I'll explain how we turned 10,000 into 150,000 in a few years there. And then 2016 commodity stocks, 18 were very, very cheap copper stocks and we invested there. We invested in Russia, Gazprom six months ago and the key is that there are few of these opportunities. I invest also, I made mistakes, that's normal. But when you find those opportunities, those simply have no risk and exponentially increase your wealth over time. And if you find a few of them, perhaps one or two per decade, over 50 years you'll be extremely wealthy at the end of the line that you will not know what to do with your money. And that's the message Charlie has always been saying, that's his perspective. And that's also what I want to do with this channel. This is the channel's core, is waiting, waiting, waiting for those sweet spots. We play a little bit trying to get advantage of what's going on in the market but when it comes to really betting big, then it will be when everything is in a sweet spot and that might be once in five years, once in three years, once in two years given the volatility of the markets. But we are ready to wait. In the meantime, we learn, we read books, we analyze stocks, we analyze sectors. So if you fancy such a perspective, a long-term perspective on investing, please subscribe to this channel. Thank you for watching. Looking forward to your comments in the comment section on videos. I reply to them so feel free to comment. Ask me any questions so you can send me an email. If you want to dig deeper immediately into the research I do on stocks, check my research platform. Thank you. Looking forward to talking to you again. And I'll see you in the next video.