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Value Investing: Why Buffett Changed When He Met Charlie Munger

 









Today I’m going to explain the two methods of value investing which I’ve categorized as the Ben Graham way and the Charlie Munger way. Enjoy! Also, share this video with someone who’s getting into investing or if they’re interested in Warren Buffett!


If Warren Buffett was so successful with the investing methods as taught to him by Benjamin Graham, why did he completely change his investing approach after meeting Charlie Munger?


To answer that question, in this video we’re going to explore details of each of these investing methods – because they’re quite different, the pros and cons of each of them, exactly what the revelation was that made Buffett switch, and what that means for you and I as small retail investors. Mainly, which should we be using? The classic Benjamin Graham approach or should we too be using the more Charlie Munger like approach, to the stock market?


After all, Warren Buffett himself has even said that if he was working with a small sum of money, as in under $1M, or even under $10M, that he would be much more inclined to be looking among what you would call the more classic Benjamin Graham stocks…..


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Special thanks to my incredibly beautiful, smart, and creative girlfriend, Stephanie, for her editing wizardry and creative insights and ideas. Although you do not see her speaking to you in the videos, believe me, she has poured her heart and soul into making this video and the videos on this channel. It’s been a 50/50 effort. I don’t want to even imagine what these videos would look like without her hard work and creative insights. Thank you.


Disclaimer:

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No financial advice is being given nor is any other advice of any kind. You should consult with a qualified professional where appropriate and before any action is taken on this video. No liability or damages shall take place because of this video and/or content.

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#StockInvesting #StockMarketForBeginners #ValueInvesting



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Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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