I’m rational. That’s the answer. I’m rational. It’s not possible for investors to consistently outperform the market. Therefore you’re best served investing in a diversified portfolio of low-cost index funds [or exchange-traded funds]. 93. A lot of people think if you just had more...
In the 45 years since Munger joined Buffett's team。the market value of the team has skyrocketed from 10 million dollars to nearly 750 billiondollars。an increase of over 75000 times。The stock portfolio(/po：rtfouliou/) of Buffett's team has created investment myth(/m0/) wit an average ...
Becky Quick: How does the Daily Journal plan to handle its investment portfolio after Charlie steps back? Gerry Salzman: Charlie, I think you should answer that. Charlie Munger: Well, I’ll handle it as long as we can, and when I’m gone or sufficiently impaired, we’ll get somebody el...
billionaire investor further noted the leading companies of China are stronger and better than practically any other leading companies anywhere, and they're available at a much cheaper price. Given such position in China, Munger said he is willing to hold about 18% China risk in his portfolio....
billionaire investor further noted the leading companies of China are stronger and better than practically any other leading companies anywhere, and they're available at a much cheaper price. Given such position in China, Munger said he is willing to hold about 18% China risk in his portfolio....
Charlie:Well, let’s take the foundation…I’ll change your question around (in the way that I want to answer it). (laughter) Am I comfortable with a non-diversified portfolio? Of course…if you take the Munger’s, I care about the Munger’s. The Munger’s have three stocks. We...
We also believe that investors can benefitby focusing on their own look-through earnings. To calculate these, they should determine the underlying earnings attributable to the shares they hold in their portfolio and total these.The goal of each investor should be to create a portfolio (in effect...
Munger (Author) / Peter D. Kaufman (Editor), 2023. 《穷查理宝典》,中信出版集团,2021年。 芒格:Peter Kaufman(彼得·考夫曼)所著《穷查理宝典》,但你要花49美元买它。如果你不喜欢这本书,可以把它送给更聪明的朋友。 03 The Big Store, Donald R. Katz, 1987. McDonald's: Behind The Arches, ...
Charlie Munger has warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall. The comments from the 99-year-old investor and sidekick to billionaire Warren Buffett come as turmoil ripples through the...
BHE (Berkshire Hathaway Energy):The fourth giant, BHE, a portfolio of locally managed businesses in the utility sector, is another classic example of the Munger-Buffet preference for companies with an economic moat—the massive capital required to lay power lines across the U.S. protects BHE fr...