Charlie Munger

[behappyalways]

Stop complaining, says billionaire investor Charlie Munger: ‘Everybody’s five times better off than they used to be’
https://www.cnbc.com/2022/12/27/charlie ... ality.html

[winston]

Charlie Munger Reveals What Stock He's 'Addicted' To

by TONY OWUSU

"I love everything about Costco. I'm a total addict, and I'm never going to sell a share" .

He named Chinese e-commerce and tech company Alibaba (BABAF) as one of his biggest investment blunders.

Source: The Street

https://www.thestreet.com/investing/cha ... ed%27%2BTo

[behappyalways]

Legendary investor Charlie Munger trashes crypto, labels Elon Musk smart but strange, and bemoans his Alibaba bet in a new interview. Here are the 16 best quotes.
https://markets.businessinsider.com/new ... -ai-2023-2

[behappyalways]

Charlie Munger reportedly warns of trouble for the U.S. commercial property market
https://www.cnbc.com/2023/04/30/charlie ... arket.html

[winston]

Charlie Munger: US banks are ‘full of’ bad commercial property loans

by Eric Platt and Harriet Agnew

Source: Financial Times

https://www.ft.com/content/da9f8230-2eb ... hoo/auddev

[behappyalways]

Here’s a full recap of everything Warren Buffett and Charlie Munger said at Berkshire’s annual meeting
https://www.cnbc.com/2023/05/06/berkshi ... dates.html

[winston]

Charlie Munger Emphasizes Self-Awareness And Strategy: 'I Don't Play In A Game Where The Other People Are Wise And I'm Stupid. I Look For A Place Where I'm Wise And They're Stupid'

The objective is not to know everything but to recognize the perimeter of one's own knowledge and capability.

Source: Benzinga

https://finance.yahoo.com/news/charlie- ... 20971.html

[winston]

Charlie Munger Says, "The Big Money Is Not In The Buying And The Selling But In The Waiting" — High Returns Don't Actually Require High Effort

by Jeannine Mancini

Source: Benzinga

https://finance.yahoo.com/news/charlie- ... 49307.html

[winston]

Why Berkshire's Charlie Munger says investing is 'like a poker game'

Warren Buffett's right-hand man counsels patience and knowing what you don't know.

by Dan Weil

“We’re always looking for something where we think we have an insight that gives us a big statistical advantage,” Munger said. “Sometimes it comes from psychology, but often it comes from something else. And we only find a few, maybe one or two a year.”

One way of looking at it: “As Buffett and I say over and over again, we don’t leap seven-foot fences," Munger said. “Instead, we look for one-foot fences with big rewards on the other side. So we’ve succeeded by making the world easy for ourselves, not by solving hard problems.”

Realize that mistakes are inevitable, Munger said. “Part of what you must learn is how to handle mistakes and new facts that change the odds,” he said. “Life, in part, is like a poker game, wherein you have to learn to quit sometimes when holding a much-loved hand.”

Source: The Street

https://www.thestreet.com/investing/buf ... %2Bgame%27

[behappyalways]

Munger blasted gamblers, touted Heinz and Hermès, and revealed Warren Buffett's views in a rare interview this week. Here are his 22 best quotes.
https://markets.businessinsider.com/new ... ay-2023-11


Charlie Munger riffs on bitcoin, the woes of stock picking, and this simple habit behind his billionaire status in a new interview. Here are the 8 best quotes.
https://markets.businessinsider.com/new ... us-2023-11