Uncle Sam is different from your typical uncle. He is adamant about his stock beliefs and tells you to buy questionable stocks and securities. When prompted for reasoning or evidence, he replies that it is a trade worth "all-in" because it would "Go to the Moon."
Uncle Sam is a notorious gambler. Don't be Uncle Sam.
This is Oski, your best friend in Berkeley.
Unlike most retail investors, Oski did his research on his favorite stock, Stanford Logging Company. Stanford Logging Company is well-run, efficient, and has an excellent brand reputation.
Despite a 5-year PE ratio of 200 (meaning that value-based investors believe the company will 200X their earnings in 5 years), Oski is not deterred because the company "is amazing."
Oski wants a great company at a bad price. Oski is delusional and doesn't understand valuations. Don't be Oski.
Uncle Sam and Best Friend Oski display some mistakes uneducated and even educated investors make. Now then, what is the correct investing philosophy?
Note: Anyone could make a YouTube Video on finance, but that doesn't mean it is correct. It is important to cross-reference the sources.
This channel and video are both informative and precise. The Swedish Investor also has playlists/summaries of famous investing classics like The Intelligent Investor. It is worth exploring this channel further.
This channel has a good amount of clickbait, so I wouldn't recommend subscribing, but this video is a composition of Warren Buffett's various conferences.
This channel and video are also very informative. The person here is less well-known than Buffett, but he is a legendary Hedge Fund manager who grew the Magellan Fund by consistently achieving a 29.2% yearly return.
This channel is solid, with regular updates. They strictly adhere to an investment system that supplements their investment objective.
On this page, you learn the general investment philosophy based on value-investing principles. You also learned of some good channels to further your investment journey.