Charlie Munger: Well the first part, I agree with it, we’ve done something pretty extreme, and we don’t know how bad the troubles will be, whether we’re going to be like Japan or something a lot worse. What makes life interesting is we don’t know how it’s going to work out...
Charlie Munger heavily influenced Warren Buffett’s investment style. Munger believed in holding a hyper-concentrated portfolio of extremely high-quality businesses. Munger eschewed diversification – he was comfortable holding as few as 3 securities at a time. Munger’s philosophy of buying and holding...
CHARLIE MUNGER IS one of the world’s most successful investors and most interesting people. He is best known as the outspoken partner of Warren Buffett at the fabulously successful company known as Berkshire Hathaway. Buffett acknowledged Munger ’s contributions when he pointed out, “One plus o...
reallygood investment opportunities aren't going to come along too often and won't last too long, so you've got to beready to act and have a prepared mind”---Charlie Munger
And he said he would encourage him to campaign for House candidates even in the deep blue states of New York and California. Lead Art: Rep. Richard Hudson (R-N.C.) speaks at the CNN-POLITICO Grill during the 2024 RNC Convention on Wednesday in Milwaukee. | Rod Lamkey Jr....
first brought the two men together for lunch at the Omaha Club, according to a2015 piece about the two men in the "Omaha World-Herald."Munger was a lawyer in California, but his father, Alfred, had died and Munger had to return to Omaha to take care of his father's legal practice....
we had 80% of the foreclosure business in our area. It’s a big area, Southern California and Northern California too. It would have been very easy for us to raise the prices and make, I don’t know, $50 million more or something like that, when all these people are losing their...