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This article Charlie Munger Said If You Want To Be Rich, 'Find A Way To Get Your Hands On $100,000' — And Then 'You Can Ease Off The Gas A Little Bit' originally appeared on Benzinga.com.
Legendary investor Charlie Munger gave shareholders blunt advice when asked how he thinks about downside protection and selling stocks, back in 2019: "Find Costcos, not good exits." "I don't like ...
Why It Matters: For Munger, the winning strategy was realism, not hype."My advice for a seeker of compound interest that works ideally is to reduce your expectations," he said, warning that future ...
Buffett always credits Munger as the “architect” behind Berkshire Hathaway. That feels right. His witticisms, like the one above, are deceptively deep and hold up well across decades. Heeding his call ...