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 ...
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...
Todd Combs and Ted Weschler, who help Buffett run Berkshire's $300 billion-plus common stock portfolio — about half of which is in one stock, Apple — appear in line to take over all of it. TickerSecurityLastChangeChange % BRK.ABERKSHIRE HATHAWAY INC.718,750.00-4,230.06-0.59% BRK.BBER...
Charlie Munger, Berkshire’s Vice Chairman and my partner, and I expect Berkshire’s normalized earning power per share to increase every year. Actual earnings, of course, will sometimes decline because of periodic weakness in the U.S. economy. In addition, insurance mega-catastrophes or other ...
Lessons for Building a Winning Portfolio 19 min 4.4 How to Think Like Socrates Donald J. Robertson Ancient Philosophy as a Way of Life in the Modern World 16 min 4.5 Trade Like a Stock Market Wizard Mark Minervini How to Achieve Super Performance in Stocks in Any Market 15 min 4.1 Ou...
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...
stock price. 29,What happens with broad diversification—holding a portfolio of, say, fifty or more different stocks—is that the winners will be canceled out by the losers, just as the losers will be canceled out by the winners.61,It is remarkable how much long-term advantage people like...
This approach has served them well. Berkshire has generated compounded annual returns of nearly 20 per cent, twice the rate of the benchmark S&P 500 stock index, since 1965. “We were a creature of a particular time and a perfect set of opportunities,” said Munger, adding that he had li...
Skip to main content Get the best of TheStreet to your inbox SUBSCRIBE TECH Retail INVESTING MARKETS PERSONAL FINANCE CRYPTO PRO Investing Bitcoin Cannabis Cryptocurrency ETFs Earnings Fixed Income Funds Futures Options Rating REITs Stocks
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...