Investing is easy. Just listen to this guy on YouTube.
For example, here’s a YouTube video on how you can make billions. Investing is easy. This is the kind of garbage that floats around You Tube. This guy has an earlier video which is a little interesting.
The one about the intrinsic value of a company demonstrates how little this 28-year-old geek understands.
Besides, you can value Microsoft at home just by creating an Excel spreadsheet. Easy! What are you, stupid?
It’s not hard to forecast MSFT’s free cash flow for ten years. You just bump it up by 10%! A discount rate appropriate for MSFT? No problem, just pick a number. And the other variables, easy! Just do it, man! What are you, financially illiterate? And the stock market always reacts rationally over a 30-year period.
The dumb bunny doesn’t wonder why there aren’t millions of spreadsheet billionaires wandering around with their notebooks. And Buffett makes it look easy. Anyway, all of this stuff is an educated guess. Yes, guess. Buffett guesses, but he’s good at it. Charlie Munger (dead) guesses, but he was good at it. And I hope you will be good at it too.
Nevertheless, look at video discussing Buffett, not the garbage where this halfwit talks about intrinsic value. Be careful when you’re out there. While there are a lot of smart people, there are some real losers. They read a few things and think they have figured it out.