Charlie Munger: I've Seen This Movie Before. The AI Boom is Creating a Generation of Fools скачать в хорошем качестве

Charlie Munger: I've Seen This Movie Before. The AI Boom is Creating a Generation of Fools

I'm 99 years old. I've watched 18 recessions and 4 major bubbles burst. Right now, in 2024, I'm watching it happen again with AI stocks—and most of you are walking straight into a financial catastrophe. This video is a harsh warning about the AI investment mania and the seven deadly mistakes that are creating a generation of fools. I'm not saying AI isn't real or transformative—it is. But that doesn't mean you should mortgage your future to buy stocks at 200 times sales. In this video, I'll draw direct parallels between the current AI boom and the dot-com bubble of 1999, exposing the dangers of investing outside your circle of competence, confusing narratives with actual businesses, ignoring valuation, following the herd, using leverage, believing "this time is different," and forgetting about taxes and costs. I'll share stories from the dot-com crash, the Railway Mania, the South Sea Bubble, and other historical disasters to show you that human nature never changes—only the technology does. This isn't about being pessimistic. It's about being rational. If you can avoid these seven mistakes, you won't get rich quick, but you also won't lose everything. And when the bubble bursts, you'll be positioned to buy great businesses at sensible prices. That's how real wealth is built—not by chasing manias, but by avoiding stupidity. --- IMPORTANT DISCLAIMER 🔹 Nature of this Channel: This channel is an educational and commentary project created to explore the timeless investing and life wisdom of Charlie Munger. It is an independent production and is not affiliated with, endorsed by, or connected to Charlie Munger, his estate, Berkshire Hathaway, or any of his official associates. 🤖 AI-Generated Voice: The narration in our videos features a synthetic, AI-generated voice. This is a dramatized representation used for educational and illustrative purposes to bring Mr. Munger's ideas to life in a consistent format. This channel fully adheres to YouTube's policies regarding synthetic media. 💼 Not Financial Advice: The content provided is strictly for educational and informational purposes only. It should not be construed as financial, investment, legal, or tax advice. The ideas presented are interpretations of publicly available speeches, letters, and interviews, and are not specific recommendations to buy or sell any security. 👉 Your Responsibility: Always conduct your own thorough research and consult with a qualified and licensed financial advisor before making any investment decisions. Investing involves substantial risk, and you could lose some or all of your capital. Past performance is not an indicator of future results. Charlie Munger, AI bubble, artificial intelligence investing, dot-com bubble, investment mistakes, value investing, Warren Buffett, investing wisdom, stock market bubble, tech stocks, avoiding investment losses, circle of competence, investment valuation, market mania, financial discipline, investment psychology, wealth building, rational investing --- #CharlieMunger #InvestingWisdom #AIBubble #ValueInvesting #StockMarket