Posts Tagged ‘charlie munger’
Charlie Munger: Tooth Fairy Points
on Thursday, August 22, 2019Charlie Munger Money Quote saying that Berkshire Hathaway doesn’t use trendy strategies that are comparable to children’s fairy tales to invest. Charlie Munger said:
“I think you’d have to believe in the tooth fairy to believe that you could easily outperform the market by seven percentage points per annum just by investing in high volatility stocks” — Charlie Munger
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Charlie Munger: Finance Out of Control
on Saturday, June 4, 2016Charlie Munger, vice-chair Berkshire Hathaway, Money Quote saying as a Republican, there are few other things he can agree with Elizabeth Warren on – except current state of banking is risky and dangerous. Charlie Munger said:
“Elizabeth Warren doesn’t agree with me on many subjects, and I wouldn’t agree with her on many subjects, but she is basically right when she says that American finance is out of control and that it isn’t good for the rest of us” — Charlie Munger
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