By Greg Hunter’sUSAWatchdog.com You haven’t heard much from Charlie Munger (Warren Buffett’s right hand man) since he said this, a few years ago, about the massive bailouts the financial system received from taxpayers and the Federal Reserve:“So I think when you have troubles like that...
many stock index valuation measures indicate that current price levels are near or have exceeded historical price extremes. Seasoned and highly regarded investment managers from Charlie Munger, Jeremy Grantham, and Howard Marks, to newsletter writers such as Stansberry Associates’ Steve Sjuggerud, have...
“And the models have to come from multiple disciplines-because all the wisdom of the world is not to be found in one little academic department” Charles T Munger One of the greatest insight I got from Charlie Munger was about Mental Models. You may remember the old Indian story about the...
作者: Of course, everybody struggles. The iron rule of life is "everybody struggles". If you soldier though, you can get through almost anything. And it's your only option. You can't bring back the dead, you can't cure the dying child, you can't do all kinds of things, you hav...
之所以在领先公司上不要卖出,是因为,复利具有极为重要的地位,长期复利是难得一见或特殊的,这与“涨了就卖”的心态是对立的,但在我看来,这对长期投资的成功至关重要。正如查理·芒格(Charlie Munger)所说,“复利的第一条规则就是如果没有必要,千万不要打断它。” ...
"That view is dead wrong: The babies being born in America today are the luckiest crop in history," he added. Related: Buffett wants politicians to stop trash talking the U.S. economy But what about Buffett's right hand man -- Berkshire vice chairman Charlie Munger? He is a Republica...
Several of the families stepped on stage to describe the holes in their lives, getting emotional as they spoke about their dead sons and daughters. They criticized Biden’s chaotic withdrawal and urged the crowd to send Trump back to the White House. And as they read the names...
“We have found in a long life that one competitor is frequently enough to ruin a business.” Charlie Munger “Any company whose earnings are growing consistently or more important, are likely to grow consistently has something unique about it. The compe
The world is not driven by greed, it’s driven by envy. – Charlie Munger. Much has been written about dealing with feelings of envy and how to overcome this painful emotion. However, not as much has been written about how to tell if someone is envious of you. ...
“The iron rule of life is: Everybody struggles,” Munger said. People who have the strength to carry on are more likely to live happily, sometimes, learning a valuable lesson in the process. “It’s your only option. You can’t bring back the dead. You can’t cure the dying child...