Charlie Munger Explains Why You Only Need Three Stocks To Get Rich



Warren Buffett and Charlie Munger discuss investing strategies and principles.

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20 thoughts on “Charlie Munger Explains Why You Only Need Three Stocks To Get Rich”

  1. Warren & Charliie were 2 of our very best! They made a lot of people, a lot of money!

  2. @MoparSmith1 says:

    I like KO, MCD, WM, and Visa. I can watch all my investments in action from one parking lot.

  3. @rogerd.3941 says:

    why 3? Just pick the best one. Rich investors crack me up. They never follow their own advice. They always advise against leverage but it is numerically impossible for them to have achieved their results without it

  4. Stocks are designed to drop, diversify.

  5. I did Enron and Arthur Anderson, and they said I owe more money. My nest egg was all in on Enron since I worked for them for 12 years. They took all my money and said I owed more money even after the scandal.

  6. @VinylCP says:

    Note, these guys didn't like Nike and don't like Bitcoin

  7. Thanks for the continuous updates, I started investing stocks with $3,350, and since following you for a few weeks now and I’ve gotten, $14579. It’s a small gain to many but large to me as the more I get, the more I can do by staying consistent

  8. So far Apple, Coke, and Amazon have been good to me.

  9. Do these accents exist anymore? What happened to these voices that these fellows have? It's like watching it's a wonderful life

  10. YOU CANNOT BUY 100,000 SHARES OF APPLE A DAY and say its not Wall Street. Then who cashes this to a liquid stream MiO. 😅

  11. You only need one. SCHD ETF…..and to consistently add to your position over time.

  12. @Hazel66781 says:

    My bet was Eron. It didn't work out very well for me.

  13. Both are full of it. They never held their top 3 companies for more than a couple years. Do as I say not as I do. After awhile these just love to hear themselves talk. Any idiot knows you cant replicate what they actually did.

  14. @izgubicu says:

    this video is from the 80s wtf are you doing

  15. I have only 4 Stocks + s&p500 + physical Silver

  16. Exactly the kind of investing video beginners need: straightforward steps on how to start in the market, practical strategies you can actually use, and clear guidance that makes beginning feel achievable. I started investing when I was 37, mostly through sweat equity. I just turned 52, and this last month was the first time that my passive income broke $500,000

  17. Let's see how this works out. Microsoft, the worst fucking shit software company in the world, is now facing AI. So it's all arse and mirrors.

  18. “Then the high priest wouldn’t t have any edge over the lay people and that never sells well”

  19. Bad advice. Just buy ETFs.

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