【推荐1】“When you experience a difficult period of time, there’s nothing wrong with crying a little, but you have tosoldier on,” according to late billionaire Charlie Munger. “You can cry, all right. But you can’t quit.” Munger said that challenging times are unavoidable in everyon...
A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another. — Charlie Munger 12 The film [Dream of Life], in the end, is life-affirming, and I think it's always useful for people to be reminded t...
We all have unrealistic expectations and they tend to be relative to someone else. “Investor Charlie Munger once noted that the world isn’t driven by greed; it’s driven by envy.” p. 26 There are some very unique people that we admire, but like us they are flawed in some way that...
We all have unrealistic expectations and they tend to be relative to someone else. “Investor Charlie Munger once noted that the world isn’t driven by greed; it’s driven by envy.” p. 26 There are some very unique people that we admire, but like us they are flawed in some way that...
I mean, in limiting competition and I think Charlie Munger is the master at this, and they're really interested in moats. That is the barriers to entry into the business because it's keeping people out that's going to limit competition. ...
30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meetingby Daniel Pecaut and Corey Wrenn. As opposed to a rehash of the BRK shareholderletters, it contains highlights from listening to Warren Buffett and Charlie Munger live during the shareholdermeetingsin...
Even Charlie Munger has lost patience with this market. 2 issues in 2 days: https://www.marketwatch.com/story/wretched-excess-means-theres-lots-of-troubles-coming-warns-berkshire-hathaways-charlie-munger-2020-02-12 https://www.businessinsider.com.au/warren-buffett-business-partner-charlie-...
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 ...