As a beginner I might consider replicating his stock/share selection under the umbrella of a Stocks and Shares ISA . 😊
@soundslight7754
Ай бұрын
Good points Pete, well done, just some details didn't add up: Apple share in July 2004 = $0.56, today = $225.16 Exchange rate in July 2004 = 1.84 £/$, today = 1.29 £/$ (10,000 x 1.84) / 0.56 = 32857 . . . . . . . . No. of shares £10,000 bought 20 years ago 225.16 / 0.56 = 402.5 . . . . . . . . . . . . . . . Multiple of increase in share price since 2004 (32857 x 402.5) / 1.29 = £10,251,893 . . Current holding Not £28,000,000!
@ClintonPintley
Ай бұрын
from my perspective, what he has right now was a long ago investment, he is holding so to invest on that is not that wise, but if you follow what new investment he is doing that will be far better for a long time period.
@sam-tq6pg
Ай бұрын
If anyone wants to know more about this I recommend buying the book financial statements which expands a lot on what Pete talks about and shows what Warren looks for in companies and how he identifies companies with durable competitive advantage
@conversationofmoney
Ай бұрын
Great book, I have it on my book rack
@chazfrancis8148
Ай бұрын
BRK B has a proven record too. Great video Pete
@conversationofmoney
Ай бұрын
Yes they do
@krasimirkiryazov244
Ай бұрын
No I won't be copying him , I haven't seen his whole list but I strongly believe that emerging markets will deliver at some point and they are good value for money. Again I haven't seen the whole list it it's too much USA exposed from what I have seen tbh a global index fund will most likely be a better balance but this is just a guessing game as we know
@housinauthority5258
Ай бұрын
Clueless!
@conversationofmoney
Ай бұрын
He doesn't guess though. All of his buys are well researched and thought through
@kokorospirit5006
Ай бұрын
When he says he is out, you are still in, and the other way around, the timing (and information) is always playing on his favour, there is a phase difference which utterly affects the potential profit to be made.
@christopherhubbard602
Ай бұрын
Investing is not for everyone
@ghosthdel3098
Ай бұрын
why not? if everyone is investing everyone will be rich? Are you sayong the stock markets are rigged? surely not. The USA never lies and never spies they re very honest.
@kevincowan2639
Ай бұрын
No investing IS for everyone. Just for some people at this particular moment investing isn’t the best thing to do
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