How to Stay Out of Debt: Warren Buffett – Financial Future of American Youth (1999)

Buffett became a billionaire on paper when Berkshire Hathaway began selling class A shares on May 29, 1990, when the market closed at 75 a share. In 1998…

Determined to speak up about America’s crumbling higher education system, three students at Arizona State University’s Walter Cronkite School of Journalism r…
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48 comments

  1. Better than one that does it by government edict? How do you explain China
    then?

  2. Warren Buffet is truly a brilliant man! I’ve spent years helping clients
    get out of debt and it’s refreshing to see others discuss it! 

  3. Very smart to buy the railroads….

  4. World Class Events

    “Don’t save what’s left after spending. Spend what’s left after saving.” –
    Warren Buffett

  5. 911 Attack was conducted by ISRAEL > on YT

  6. THE CURRENT STATE OF WORLD ECONOMICS INVOLVE A SMALL GROUP CALLED SUPER
    ENTITIES THAT CONTROL THE WORLDS ECONOMY. this is a study that correlates
    their directorial activities. THESE PEOPLE OWN BOTH PARTIES, REPUBLICANS
    AND DEMOCRATS. The president is merely an actor. No person could get
    voted in to presidency without their approval because television control
    the voting process and they own the television.

    According to The Swiss Federal Institute (SFI) in Zurich released a study
    entitled “The Network of Global Corporate Control” that proves a small
    group have gloAccording to The Swiss Federal Institute (SFI) in Zurich
    released a study entitled “The Network of Global Corporate Control” that
    proves a small group have global economic control:
    http://www.sg.ethz.ch/media/medialibrary/2013/12/james_glatteth-2007-02.pdf

    The funny thing is that most of the mainstream media that are reporting
    this are actually owned by these SUPER ENTITIES.

    CNBC
    http://www.cnbc.com/id/45018010
    A core of just 147 firms — many of them financial companies — control 40
    percent of the wealth of 43,060 transnational corporations. A broader core
    of 737 control 80 percent, according to the theorists.

    HUFFINGPOST
    http://www.huffingtonpost.ca/2011/10/24/super-entity-147-global-economy-swiss-researchers_n_1028690.html
    A Swiss study appears to have uncovered what anti-capitalist activists have
    been claiming for years — that the global economy is controlled by a small
    group of deeply interconnected entities.

    NEW SCIENTIST
    http://www.newscientist.com/article/mg21228354.500-revealed–the-capitalist-network-that-runs-the-world.html#.UxF0CJUX7zs“AS PROTESTS against financial power sweep the world this week, science may
    have confirmed the protesters’ worst fears. An analysis of the
    relationships between 43,000 transnational corporations has identified a
    relatively small group of companies, mainly banks, with disproportionate
    power over the global economy.”

    FORBES
    http://www.forbes.com/sites/bruceupbin/2011/10/22/the-147-companies-that-control-everything/
    Three systems theorists at the Swiss Federal Institute of Technology in
    Zurich have taken a database listing 37 million companies and investors
    worldwide and analyzed all 43,060 transnational corporations and share
    ownerships linking them. They built a model of who owns what and what their
    revenues are and mapped the whole edifice of economic power.bal economic
    control:
    http://www.sg.ethz.ch/media/medialibrary/2013/12/james_glatteth-2007-02.pdf

    The funny thing is that most of the mainstream media that are reporting
    this are actually owned by these SUPER ENTITIES.

    CNBC
    http://www.cnbc.com/id/45018010
    A core of just 147 firms — many of them financial companies — control 40
    percent of the wealth of 43,060 transnational corporations. A broader core
    of 737 control 80 percent, according to the theorists.

    HUFFINGPOST
    http://www.huffingtonpost.ca/2011/10/24/super-entity-147-global-economy-swiss-researchers_n_1028690.html
    A Swiss study appears to have uncovered what anti-capitalist activists have
    been claiming for years — that the global economy is controlled by a small
    group of deeply interconnected entities.

    NEW SCIENTIST
    http://www.newscientist.com/article/mg21228354.500-revealed–the-capitalist-network-that-runs-the-world.html#.UxF0CJUX7zs“AS PROTESTS against financial power sweep the world this week, science may
    have confirmed the protesters’ worst fears. An analysis of the
    relationships between 43,000 transnational corporations has identified a
    relatively small group of companies, mainly banks, with disproportionate
    power over the global economy.”

    FORBES
    http://www.forbes.com/sites/bruceupbin/2011/10/22/the-147-companies-that-control-everything/
    Three systems theorists at the Swiss Federal Institute of Technology in
    Zurich have taken a database listing 37 million companies and investors
    worldwide and analyzed all 43,060 transnational corporations and share
    ownerships linking them. They built a model of who owns what and what their
    revenues are and mapped the whole edifice of economic power.

  7. Fxk this evil face greedy shit ! fkk him, I don’t care about his shit!

  8. REALLY>? Lessons from the biggest corrupt thief on the globe?
    ah-HAHAHAHAAAAA!!!!!!!

  9. integrity that rich people don’t have

  10. ShaddowWorldzEnt

    Great advice: How to Stay Out of Debt: Warren Buffett – Financial Future
    of American Youth (1999)

  11. We are near a global watershed – a time when white people will not be in
    the majority in the developed world, Britain included. Anthony Browne
    reports

  12. Hey Warren, how do I get a bailout like you?

  13. Because a tax evading elite who doesn’t have to follow the rule and live
    off the fines from everyone who is subjected to full frontal attack under
    the colour of law, how many tax payer bail out has it taken to keep you
    wealthy Mr Buffet? I’m sure if I got tax payer bailouts I would be wealthy
    too!

  14. Mr. Buffet is speaking of the providence of the LORD in stating where he
    was born, which he refers to as the “lottery”. What he misses is the point
    the LORD made in John 3, which is just as he had nothing to do with his
    natural or physical birth, he has nothing to do with his spiritual birth;
    they are both the work of the Lord. One reason judgment will be greater
    for those who heard the gospel & rejected the Person of Jesus Christ (the
    ONLY reason people go to hell) is because of the great privilege of the
    grace of God in His providence He bestowed on all those who have heard.
    The nation of Israel was the and is the most privileged nation because they
    were the least of all people, but chosen by God for no other reason than He
    purposed to do so.

    Warren buffet would be the sheep in wolves clothing if he were a preacher
    of the good news tainted with lies or another gospel. You are who you hang
    around. Now you know why Eliot Spitzer was publicly humiliated’ likely
    payback for the same because Buffets company threw their cohorts under the
    bus by “rating them out” and paying $92 million to avoid presecution for
    secutities fraud as part of the AIG scandal revealed by Spitzer.

    However, much of what he says is meaningful and therefore we don’t want to
    throw out the message, just the messenger.

  15. Great wealth comes not from the pocket but comes from the heart..

  16. Check out this video on YouTube:

  17. 10.000$ equals to around 100k to date , yeah some how i dont think i could
    of saved that even with 3 jobs lol 

  18. Lol left quick. Good stuff though

  19. If you have a lot of debt and just make minimal payments, couldn’t you get
    out of it w/ the statue of limitations on debt?

  20. Well buffet. I good start is not paying taxes like you. Unfortunately us
    middle class minions work to fill your pockets.

  21. Add to site

  22. He is very right to point out that you don’t need to be particularly
    intelligent and have much foresight to be rich, because looking back from
    now, 2014, he got just about everything wrong when it comes to the future
    of his audience at the occasion. On the other hand that probably was his
    only honest moment.

  23. 4:26 to 7:23: Great advice for any kid or young adult. I played this part
    for my 12 year old. She totally got it. Very inspiring.

  24. Buffet has bought out numerous US corporations and sent the jobs to China.
    Warren Buffet, the Wal Mart family and several others are destroying this
    country. They have a greed for profit and could care less whether
    Americans have jobs. What we need is somebody to open a big box store that
    only sells merchandise made in America by Americans. If everybody quit
    shopping at wal mart and shopped at this store, we could turn this country
    back around. It would take a while, because there are many things like tvs
    that are no longer made in America, but if there’s a demand someone will
    start making TV’s in America. “We the People” can turn this around and
    bankrupt these greedy corporations if we quit buying their made in China
    crap. I am willing to pay extra for something made in America, because it
    keeps the money here and keeps people in jobs.

  25. ronald gardner jr

    we got tricked into going to college and everyone who didn’t go makes more
    then us… smh very sad..

  26. Generalsaurkraut

    They need to force out about 60% of the undergraduate institutions and
    raise the standards of about the other 40%. Stupid people shouldn’t be
    getting degrees 1) They are waiting their time and money and 2) They are
    causing degree inflation and devaluing the degrees of smart people.

  27. ronald gardner jr

    I hear them… but no one is doing anything about it…
    fuck the American failure system.. that’s all it is, is a failed system

  28. Here’s an experiment in social psychology for you:

    The Conservatives announced today that they “want our youth to have the
    best start in life”!

    And £9,000 /year tuition fees. And no EMA. And 26% unemployment. And the
    prospect of working till you drop, if lucky enough to find an exploiter
    who’ll use you till you’re 75…

    Great speech from Red Youths, Dan and Angela! How do we fight cuts and
    build a fairer and more sustainable society?

    http://redyouthuk.wordpress.com/…/red-youth-speak-at…/ please share it!

  29. Well, here are my thoughts: all highschools should start holding an
    education class on this very needed topic. BEWARE! Warn the students this
    is a trap. We need more guidance in the highschool sector and have each
    child take a test to his or her ability and interest. America Inc. is what
    this place is all about now. NOT dreams. This is what I was always taught.
    Your dreams are not to be in debt, not be in misery, and trapped all your
    life. The pursuit of happiness should not be monetary based or class status
    based. We should NOT lend money on at all on student loans. All this is
    doing is allowing everyone to go, which makes the degree less marketable.
    If you really want to go, then pay for it and work for it FIRST. Or get
    into a program that will pay you back. These people who actually WORK for
    the college and more than likely the ones that will be responsible in every
    other facet. Grants are fine but stop the loans…

  30. Whats the song??? 

  31. These documentaries are a real eye opener. It’s sad to say, but I’m kind of
    glad I didn’t go to college. Well a fancy college at least. 2yrs ago I was
    considering in going to the Art Institute of Philadelphia, but because of a
    bad experience I had with them I decided to do further research and found
    out that it’s a for-profit school and employers don’t take their degrees
    seriously. I was so close to getting Parent Plus Loans and loans from Salli
    Mae. I am so glad that I had that bad experience. If I would have attended
    I would probably be in $40,000+ in debt as we speak. I saved myself
    thousands of dollars and my great relationship with my boyfriend. Now I
    have decided to study Criminal Justice instead at a local Community College
    that I can easily pay out of pocket for. 

  32. GTFO of here. If you have a Bachelor’s Degree, there’s no reason you should
    be working a minimum wage job. Within 5 years of graduating you should be
    making at least 65k/year. If you’re not, then you aren’t marketing yourself
    correctly. 

  33. Obeezy needs to sign a executive order erasing all student loan debt!

  34. College in America is far too expensive to even try to justify. You’ll be
    in debt for life in most cases, and you aren’t even guaranteed a good
    paying job anymore. :/ It’s sad. I grew up being taught to go to college,
    that education is everything and that if I work hard enough and study hard
    enough, I’ll make it through life happily. That’s all bullshit now.

    It’s gotten so bad that I’m desperately trying to look for college options
    overseas that will be cheaper. I never imagined that getting an education
    abroad would be cheaper. But guess what? It can be. Especially if you don’t
    go through an American university to do it.
    But how sad is that? I’m too scared to get an education in America, because
    I’m terrified of the debt that I may not be able to get out of. That’s just
    ridiculous. No one should feel scared about wanting to get an education. 

  35. Making education available to many implies a choice of society where
    responsible and thinking people have a say. The establishment resents this.

  36. there is little to no reason for the majority of fields to pay for a overly
    expensive university. one can find tech collages for 100 or so a credit
    instead of 2500 a credit or more like the huge universities. paying a
    couple thousand a year instead of tens of thousands a year. in my opinion
    outside of the fields such as a lawyer, doctor or hard core science fields
    the advantage of college is found in the social networking and less in the
    material you learn. you end up paying for what ever social environment
    provides you the best chance of meeting the people you need for your goals
    in life, it is quite uncommon for someone to simply go to school and be
    given an amazing career to step into. working full time and going to
    school full time is not a good mix as i truly do not believe the majority
    of teenagers and early twenties students can learn effectively with such
    commitments and thus their education falters.

  37. I went to school, I graduated, and let me tell you. I LARNED NATHING ( I
    can’t even spell)

  38. How many times is Alicia gonna say ‘like’ I counted 12 in 1 minute. I hope
    she don’t stand behind the mcdonalds counter saying “like, how can I help
    you, like”

  39. Get the government out of guaranteeing loans. 

  40. What college did Alicia go to that required her to take out such massive
    student loans just for her freshman year?? Go to community college and save
    yourself some money, and then go to college in-state or online (find the
    best value). All that money that you are spending to repay college loans
    can be put towards your first house or grad school!

  41. Does anyone know what the music at 19:09 is? It sounds really familiar

  42. You have to think…will your career make more in one year than your full 4
    year tuition. I think tuition is more so becuase of the campus, school
    name, and activies…not the actual career path.

  43. We have a good football team that distracts us from the debt we owe though.

  44. college is a rip off, stop paying coaches million dollar salleries

  45. I’ve heard that some are leaving the country to avoid student debt. But
    that door may soon be closing. There’s a move afoot in Congress to pass a
    law to prevent you from leaving the country if you have outstanding debt
    (they already stop people at the airport for unpaid child support).

  46. If there is a hell, Alicia’s father is going right to it.

  47. I want to continue school and it’s now 2014. where is the money Obama
    promised for me to be able to graduate with a hire degree? I refused
    continue building up debt. Obama promised we won’t get further into debt
    because we want an education, so why are all the schools telling me I have
    to take out a loan of at least $7000?

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