#warren buffett best investments

[forcenewz]

Warren Buffett’s Advice for How to Making Money in the Stock Market – 2023

Warren Edward Buffett is an American business tycoon and investor. He has the best financial advice for the Indian stock market. if you want to invest in stocks so you look out for warren buffett's investment advice he is the best investor and has top stock Knowledge. Check the Bull vs Bear Market detail here!

[thereadmind]

The more you learn, the more you earn!!

[self-learns]

15 Quotes from Warren Buffett

Introduction: Warren Buffett, often referred to as the “Oracle of Omaha,” is one of the most successful investors of all time. His wisdom and insights have not only made him one of the wealthiest individuals globally but also a revered figure in the world of finance. In this article, we’ll delve into 15 of Warren Buffett’s most profound quotes, each packed with invaluable lessons and timeless…

[thesirencult]

WHY INVESTING IN YOURSELF WILL CHANGE YOUR LIFE

"The best thing you can do is to be exceptionally good at something," said Buffett. He added, "Whatever abilities you have can't be taken away from you. They can't actually be inflated away from you. ... So the best investment by far is anything that develops yourself, and it's not taxed at all."

- Warren Buffet

There is a reason people call Mr. Buffet the "Oracle/Sage Of Omaha".

Not only he is great at asset management and making the right predictions when it comes to the financial markets, but he is also very wise and offers great advice.

Investing in your own self is the only type of investment you can make that is absolutely safe and guaranteed to give you a return on investment that would satisfy you.

Knowledge is fuel. You are the vehicle.

We are living in times of abundance. Knowledge and data curation is the hottest skill someone can learn right now. That's what AI models like ChatGPT do. They curate useful data from trash. That's what you should also do with your mind. Throw out what's hindering your growth and feed your brain with nutritious food for thought.

We are nearing the "Age Of Abundance", the Golden Saturnian Age of our times. Don't fall into oblivion.

The resources are within a finger's reach. You are actually holding the most precious asset in your hands right now, that's how I reached you.

Whoever takes advantage of this situation will succeed.

Read books, articles, essays. Watch videos and documentaries. Educate yourself for free. If you have the ability to get a university degree for free, do it ! Don't fall in the trap of "degrees are useless". Instead choose to educate yourself in subjects that interest you and make you even more savvy. Invest in evergreen skills. Learn content creation, marketing and money management. Study philosophy to learn the art of critical thinking.

In the next 10 years we will all transform from 9 to 5 slaves to freelancers and one-person businesses. This is where we are headed. Notice all the lay-offs and how artificial intelligence has taken the world by storm.

Be proactive.

[mostlysignssomeportents]

After Ohio rail disaster, Buttigieg is silent on restoring the safety standards Trump repealed

When a freight train carrying toxic chemicals derailed near East Palestine, Ohio, bursting into flame and sending up clouds of poisonous vinyl chloride smoke and gas, our immediate concerns were for the people in harm’s way and the train crew:

https://www.nytimes.com/2023/02/04/us/train-derailment-fire-palestine-ohio.html

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/02/11/dinah-wont-you-blow/#ecp

But those immediate concerns were soon joined by a broader set of worries: that the entire rail industry presented a systematic danger, and the Ohio derailment was a symptom of a much deeper pathology that endangered anyone who lives near one of the rail corridors that crisscross America.

The rail industry is the poster child for corporate power, and rail barons were among the first targets of Gilded Age trustbusters who saw the rail monopolies as a threat to the prosperity and wellbeing of Americans, as well as the integrity of the American political system itself.

40 years of neoliberal “consumer welfare” antitrust — starting with Reagan and continuing through every administration since — has seen the American rail sector achieve levels of concentration that meet and exceed the corrupt, untenable degree of the late 19th century.

Like the original rail barons, the current crop (including the self-styled cuddly billionaire Warren Buffett), have gutted rail investment, skirted on safety, maimed and abused their workforce, smashed their unions, and placed the entire US supply chain in a state of brittle precarity:

https://pluralistic.net/2022/02/04/up-your-nose/#rail-barons

Like all monopolists, the rail industry has been able to capture its regulators, trampling evidence-based policy and replacing it with rules that benefit shareholders at the expense of the public, labor, and customers.

https://doctorow.medium.com/regulatory-capture-59b2013e2526

This regulatory capture is an inevitable consequence of market concentration. When an industry is composed of dozens of small- and medium-sized firms, they are unable to converge on a single story about which rules regulators should favor them with: some of those companies will want things the others don’t, and each will vie to produce evidence disconfirming the others’ claims.

But when an industry dwindles to a handful of cozy giants whose C-suites are stuffed with company-hopping executives who’ve done time at every major company in the sector, they converge on a single fairy tale about the best way to regulate their industry, and convert their regulators’ truth-seeking exercises into rigged auctions that they handily win:

https://locusmag.com/2022/03/cory-doctorow-vertically-challenged/

That’s what happened during the Trump years, when rail lobbyists secured the repeal of a long-overdue, hard-won safety regulation that would have required rail companies to replace the Civil-War-era brakes on their rolling stock with modern electronically controlled pneumatic brakes (ECPs):

https://jacobin.com/2023/02/rail-companies-safety-rules-ohio-derailment-brake-sytems-regulations

The repeal cost millions in lobbying dollars, but it was worth it. Shortly after the ECP rule was scrapped, Norfolk Southern handed millions in bonuses to its execs and did billions in stock buybacks, while laying offf thousands of workers:

https://www.fool.com/investing/2018/10/25/norfolk-southern-implements-massive-buyback-progra.aspx

Elections, we’re told, have consequences. After Biden won the 2020 presidential election, he made a string of excellent appointments — people like FTC chair Lina Khan, who hit the ground running with detailed plans for making sweeping, consequential changes that would blunt corporate power, reverse-Trump era abuses, and correct the dysfunctions that created a political base for Trump:

https://www.eff.org/deeplinks/2021/08/party-its-1979-og-antitrust-back-baby

But other Biden appointees arrive in office with much less ambition. Transportation Secretary Pete Buttigieg has spent his tenure as King Log, failing to take action on spiraling airline cancellations, confining his major enforcement action to fining foreign airlines while ignoring the out-of-control abuses of America’s domestic carriers, except for the also-ran airline Frontier, which accounts for less than 2% of domestic travel:

https://pluralistic.net/2023/01/16/for-petes-sake/#unfair-and-deceptive

There are striking similarities between the structural defects in the airlines and the rail companies: both are highly concentrated sectors who have laid off senior staff, attacked unions, and blown billions in public money on stock buybacks and executive bonuses, even as their service degraded.

Both industries have been sharply criticized by experts and industry veterans, who’ve called for specific regulation. In the case of the airlines, SWA pilots and flight attendants had sounded the alarm about antiquated scheduling systems; for the rail companies, it’s experts like Grady Cothen, formerly a top safety expert at the Federal Railroad Administration (FRA), who told Congress that without action on braking systems, “[there] will be more derailments, more releases of hazardous materials, more communities impacted”:

https://www.congress.gov/event/117th-congress/house-event/LC69424/text?s=1&r=9

Despite these warnings, and despite the near-misses and smaller disasters that led up to the 100-foot-tall fireball over Ohio, Buttigieg’s DOT has not moved to reinstate the Obama-era brake safety rule, deferring to the monopoly rail owners self-serving claim that there is no need for such a move:

https://jacobin.com/2023/02/department-of-transportation-train-brake-regulation-ohio-derailment/

Indeed, the FRA is currently considering a rule that would further weaken braking rules, reducing obligations to inspect, test and certify braking systems:

https://www.regulations.gov/document/FRA-2019-0072-0005

The rail labor unions — the best source of independent expertise on the daily operation of the freight system — say that this would be a disaster: “Following through with a final rule would only deliver yet another financial windfall to rail carriers by eliminating inspections, testing and repairs, and deferring routine maintenance”:

https://www.goiam.org/news/territories/tcu-union/carmen-division-tcu/rail-labor-files-joint-comments-on-fras-nprm-2/

Serving as Transportation Secretary to the President of the United States of America makes you one of the most powerful people in the history of the human race. The Secretary’s powers, while not unlimited, are extensive. The American people need a DoT that works for them, not one that weakens safety rules:

https://pluralistic.net/2023/01/10/the-courage-to-govern/#whos-in-charge

Image: Gage Skidmore (modified) https://commons.wikimedia.org/wiki/File:Pete_Buttigieg_January_2020.jpg

CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0/deed.en

James St John (modified) https://www.flickr.com/photos/jsjgeology/27110172823/

CC BY 2.0 https://creativecommons.org/licenses/by/2.0/

This week (Feb 13–17), I’ll be in Australia, touring my book Chokepoint Capitalism with my co-author, Rebecca Giblin. We’re doing a remote event for NZ tomorrow (Feb 13). Next are Melbourne (Feb 14), Sydney (Feb 15) and Canberra (Feb 16/17). More tickets just released for Sydney!

[Image ID: A locomotive steaming away from a nuclear explosion. The face of the logo has been replaced with Transportation Secretary Pete Buttigieg's, in the style of Thomas the Tank Engine.]

[beardedmrbean]

California is facing a record $68 billion budget deficit.

This is largely attributed to a “severe revenue decline,” according to the state's Legislative Analyst's Office (LAO).

While it’s not the largest deficit the state has ever faced as a percentage of overall spending, it’s the largest in terms of real dollars — and could have a big impact on California taxpayers in the coming years.

Here’s what has eaten into the Golden State’s coffers.

Unprecedented drop in revenue

California is dealing with a revenue shortfall partly due to a delay in 2022-2023 tax collection. The IRS postponed 2022 tax payment deadlines for individuals and businesses in 55 of the 58 California counties to provide relief after a series of natural weather disasters, including severe winter storms, flooding, landslides and mudslides.

Tax payments were originally postponed until Oct. 16, 2023, but hours before the deadline they were further postponed until Nov. 16, 2023. In line with the federal action, California also extended its due date for state tax returns to the same date.

These delays meant California had to adopt its 2023-24 budget before collections began, “without a clear picture of the impact of recent economic weakness on state revenues,” according to the LAO.

Total income tax collections were down 25% in 2022-23, according to the LAO — a decline compared to those seen during the Great Recession and dot-com bust.

“Federal delays in tax collection forced California to pass a budget based on projections instead of actual tax receipts," Erin Mellon, communications director for California Gov. Gavin Newsom, told Fox News. "Now that we have a clearer picture of the state’s finances, we must now solve what would have been last year’s problem in this year’s budget.”

The exodus

California has also lost residents and businesses — and therefore, tax revenue — in recent years.

The Golden State’s population declined for the first time in 2021, as it lost around 281,000 residents, according to the Public Policy Institute of California (PPIC). In 2022, the population dropped again by around 211,000 residents — with many moving to other states like Texas, Oregon, Nevada, and Arizona.

Read more: 'It's not taxed at all': Warren Buffett shares the 'best investment' you can make when battling inflation

“Housing costs loom large in this dynamic,” according to the PPIC, which found through a survey that 34% of Californians are considering moving out of the state due to housing costs.

Other factors such as the post-pandemic remote work trend — which has resulted in empty office towers in California’s downtown cores — have also played a role in migration out of the state.

Poor economic conditions

In an effort to tame inflation in the U.S., the Federal Reserve has hiked interest rates 11 times — from 0.25% to 5.5% — since March 2022. These actions have made borrowing more expensive and have reduced the amount of money available for investment.

This has cooled California’s economy in a number of ways. Home sales in the state are down by about 50%, according to the LAO, which it largely attributes to the surge in mortgage rates. The monthly mortgage to buy a typical California home has gone from $3,500 to $5,400 over the course of the Fed’s rate hikes the LAO says.

The Fed’s rate hikes have “hit segments of the economy that have an outsized importance to California,” according to the LAO, including startups and technology companies. Investment in the state’s tech economy has “dropped significantly” due to the financial conditions — evidenced by the number of California companies that went public in 2022 and 2023 being down by over 80% from 2021, the LAO says.

One result of this is that California businesses have had less funding to be able to expand their operations or hire new workers. The LAO pointed out that the number of unemployed workers in the Golden State has risen by nearly 200,000 people since the summer of 2022, lifting the percentage from 3.8% to 4.8%.

Fixing the budget crunch

The LAO suggests that California has various options to address its $68 billion budget deficit — including declaring a budget emergency and then withdrawing around $24 billion in cash reserves.

California also has the option to lower school spending to the constitutional minimum — a move that could save around $16.7 billion over three years. It could also cut back on at least $8 billion of temporary or one-time spending in 2024-25.

However, these are just short-term solutions and may not address the state’s longer term budget issues. In the past, the state has cut back on business tax credits and deductions and increased broad-based taxes to generate more revenue.

Mellon did not reveal any specifics behind the state’s recovery plan in her comments to Fox News. She simply said: “In January, the Governor will introduce a balanced budget proposal that addresses our challenges, protects vital services and public safety and brings increased focus on how the state’s investments are being implemented, while ensuring accountability and judicious use of taxpayer money.”

[rhe-toric]

Is Bitcoin a Good Investment? Expert Opinions and Analysis

Bitcoin is a digital currency that has gained significant attention in recent years. It is a decentralized currency that operates on a peer-to-peer network, and its value has fluctuated widely over time. In this blog post, we will explore expert opinions and analysis to answer the question: Is Bitcoin a good investment?

Expert Opinions

Warren Buffett

Warren Buffett, one of the most successful investors of all time, has been critical of Bitcoin. In 2018, he called Bitcoin "rat poison squared" and said that it has no intrinsic value. He has also warned investors against investing in cryptocurrencies.

Ray Dalio

Ray Dalio, the founder of Bridgewater Associates, has been more positive about Bitcoin. He has said that Bitcoin could be a good alternative to cash, and that it has some similarities to gold. However, he has also warned that Bitcoin is highly volatile and that investors should be careful.

Jack Dorsey

Jack Dorsey, the CEO of Twitter and Square, has been a strong supporter of Bitcoin. He has said that Bitcoin is the "best candidate" to become a global currency, and that it has the potential to create a more accessible financial system.

Analysis

Volatility

Bitcoin is a highly volatile asset, and its value can fluctuate widely over short periods of time. This makes it a risky investment, as investors could lose a significant amount of money if the value of Bitcoin drops.

Adoption

Bitcoin has seen significant adoption in recent years, with more merchants and businesses accepting it as a form of payment. This could increase the value of Bitcoin over time, as more people use it as a currency.

Regulation

Regulation is a key factor for the future of Bitcoin. If governments and financial institutions continue to regulate Bitcoin, it could become more widely adopted and increase in value. However, if regulation becomes more restrictive, it could limit the adoption and value of Bitcoin.

Conclusion

The question of whether Bitcoin is a good investment is a complex one. Expert opinions are divided, with some warning against investing in cryptocurrencies and others being more positive. Analysis shows that Bitcoin is a highly volatile asset, but it has seen significant adoption and could increase in value over time. Regulation is a key factor for the future of Bitcoin, and investors should be aware of the risks and potential rewards before investing. As with any investment, it is important to do your own research and consult with financial experts before making any decisions.

[peregrination-studies]

The F.A.L.L. List - August 22 - November 22

May I present: the FALL list! FALL is my latest seasonal booklist, short for Financial And Life-skills Literacy, which delightfully forms an acronym that matches the season! I really wanted to focus on developing my Being a Better Adult Skills this fall, so I made this short list to help keep me motivated on my quest! All of these were chosen because, according to reviews, recommendations from friends, and pre-existing booklists, they offer some tidbits of wisdom or advice on how to be a better adult (or human!).

Take Care of Your Type: An Enneagram Guide to Self Care by Christina S. Wilcox

Ascent of Money: A Financial History of the World by Niall Ferguson

The Best Investment Advice I Ever Received: Priceless Wisdom from Warren Buffett, Jim Cramer, Suze Orman, Steve Forbes, and Dozens of Other Top Financial Experts by Liz Claman

Rich Dad Poor Dad by Robert T. Kiyosaki

The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg

The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing by Marie Kondo

Grit: The Power of Passion by Angela Duckworth

Bonus

Becoming Better Grownups: Rediscovering What Matters and Remembering How to Fly by Brad Montague

Books in orange font are those that I’ve already read during the challenge period (I started on August 22), and books in purple are ones I’m currently reading. I’m a bit late in posting this, but I’m closing it out on November 22nd, so I wanted to share while I still have a bit of time left with the list!

[financewithroyal]

The 21 Best Investing Books in 2023

“The Intelligent Investor” by Benjamin Graham. This book is considered a classic in the field of investing and is often recommended as a must-read for anyone looking to learn about value investing.

“The Little Book of Value Investing” by Christopher H. Browne. This book is an easy-to-read guide to value investing that is suitable for both beginners and experienced investors.

“The Warren Buffett Way” by Robert G. Hagstrom. This book provides an in-depth look at the investment strategies of Warren Buffett, one of the most successful investors of all time.

“The Intelligent Asset Allocator” by William Bernstein. This book provides a comprehensive overview of asset allocation and how to construct a diversified investment portfolio.

For read more books go to our website

https://financewithroyal.com/the-21-best-investing-books-in-2023/

[techtalkbyjames]

"A hero is somebody who voluntarily walks into the unknown."

~ Tom Hanks

For Acting Lessons that are dynamic and help you grow... Call toll free: 1-877-310-1872 Have fun while U Learn...Acting for Video lessons also available for musicians...

"The best investment you make is in yourself." ~ Warren Buffett

[newtiative]

Warren Buffett - Best Advice for Young Students (Must Watch) | @newtiative

warrenbuffett #investing #finance #money #business #entrepreneur #stockmarket #berkshirehathaway #omaha #annualmeeting #podcastclips #podcast

Learn from Warren Buffett. Invest wisely. Achieve financial freedom.

Follow us for expert analysis, inspiring stories, and actionable tips.

[thereadmind]

[book-zap]

9 Best Books for Learning How to Invest and Build Wealth

Building wealth and learning how to invest wisely are key to achieving financial freedom. Whether you're just starting out or looking to refine your investing strategies, these nine books offer valuable insights and guidance on growing your wealth through smart investments.

1. "The Intelligent Investor" by Benjamin Graham

Widely regarded as one of the best books on investing, The Intelligent Investor by Benjamin Graham introduces the concept of value investing. Graham provides timeless wisdom on how to analyze stocks and make investment decisions based on the intrinsic value of a company, rather than reacting to market fluctuations. This book has influenced some of the world’s top investors, including Warren Buffett.

Key takeaway: Focus on long-term value, not short-term market trends, to build wealth steadily.

2. "Rich Dad Poor Dad" by Robert Kiyosaki

Rich Dad Poor Dad is a personal finance classic that contrasts the financial lessons Kiyosaki learned from his "rich dad" and his "poor dad." The book emphasizes the importance of financial education, investing in assets that generate income, and the mindset shift needed to build wealth.

Key takeaway: Invest in assets, not liabilities, and focus on generating passive income to achieve financial freedom.

3. "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko

In The Millionaire Next Door, Stanley and Danko explore the habits of America’s millionaires. The book reveals that most wealthy individuals don’t live lavish lifestyles; instead, they accumulate wealth through frugal living, disciplined saving, and smart investing. It’s a great reminder that wealth is built through consistent, intentional financial choices.

Key takeaway: Building wealth often comes down to living below your means, saving diligently, and investing wisely.

4. "A Random Walk Down Wall Street" by Burton G. Malkiel

A Random Walk Down Wall Street provides an in-depth explanation of various investment strategies, including index funds, mutual funds, and real estate. Malkiel supports the efficient market hypothesis, arguing that trying to beat the market is futile for most investors. Instead, he advocates for a long-term, diversified investment approach.

Key takeaway: Diversification and long-term investing in index funds are proven strategies for building wealth.

5. "The Little Book of Common Sense Investing" by John C. Bogle

Written by John Bogle, the founder of Vanguard and the creator of the first index fund, The Little Book of Common Sense Investing emphasizes the power of low-cost, passive investing. Bogle explains why index funds outperform actively managed funds in the long run, making this book essential reading for investors seeking a simple, effective strategy.

Key takeaway: Invest in low-cost index funds to grow your wealth over time without trying to "beat the market."

6. "The Simple Path to Wealth" by JL Collins

The Simple Path to Wealth by JL Collins is a practical guide for anyone looking to achieve financial independence. Collins shares straightforward advice on saving, investing in index funds, and avoiding debt. His simple, no-nonsense approach makes investing accessible to beginners and experienced investors alike.

Key takeaway: Achieving financial independence is possible through consistent saving, low-cost investing, and avoiding unnecessary debt.

7. "You Can Be a Stock Market Genius" by Joel Greenblatt

Joel Greenblatt’s You Can Be a Stock Market Genius offers a detailed look at special situations in investing, such as spin-offs, mergers, and restructurings. Greenblatt provides readers with strategies for finding hidden investment opportunities that are often overlooked by others, making this book ideal for more experienced investors looking to gain an edge in the market.

Key takeaway: Look for unique investment opportunities in special situations to generate above-average returns.

8. "I Will Teach You to Be Rich" by Ramit Sethi

Ramit Sethi’s I Will Teach You to Be Rich is a modern, approachable guide to personal finance and investing. Sethi provides a six-week program covering topics like saving, investing in index funds, automating finances, and optimizing spending. His conversational tone and actionable advice make this book perfect for millennials and anyone looking to get their finances in order.

Key takeaway: Automate your finances and invest in simple, low-cost strategies to build wealth over time.

9. "Principles: Life and Work" by Ray Dalio

In Principles, Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, shares the principles he uses in life and business. While not solely focused on investing, Dalio provides invaluable insights into risk management, decision-making, and the mindset needed to succeed in the world of finance and investing.

Key takeaway: Success in investing and wealth-building requires a disciplined, principle-based approach to decision-making and risk management.

Conclusion

These nine books offer a wealth of knowledge on how to invest, save, and build wealth. From learning the fundamentals of value investing to gaining insights into advanced strategies, these books provide essential guidance for anyone looking to grow their financial future.

Disclaimer: This post contains affiliate links. If you purchase through these links, I may earn a small commission at no extra cost to you.

[ebelal56-blog]

Tax Hacks: Invest Smart to Pay Less

Learn how to invest smart and avoid letting taxes steal your focus! Whether you're into real estate, stocks, or online money-making, this video has tips from experts like Dave Ramsey and Warren Buffett to help you maximize your investment returns. Hey there, everyone! Let's talk about something that's on a lot of minds: taxes. I get it; tax season can feel like a looming cloud over our finances, but here's the thing-don't let it overshadow your investment strategy. Sure, taxes matter, and yes, minimizing your tax liability is important. But if you put taxes above all else, you might end up making some misguided decisions that could hurt your financial future. The real goal here is to grow your money securely and achieve those high returns we all dream about. Think about it-investing is about building wealth, not just dodging tax bills. So, while you're planning, keep taxes in mind, but don't let them dictate your every move. Focus on your investment goals, stay informed, and remember: the best investment is one that grows your money, even if it comes with a tax bill. Keep your eyes on the prize!

[billtj]

'It's not taxed at all': Warren Buffett shared the 'best investment' you can make when battling inflation — here are a few ways to put it into action

[beckybryson]

The best investment you can make, is an investment in yourself...The more you learn, the more you'll earn. Warren Buffett