Money and Finance
- More Notes From The Daily Journal Annual Meeting (four Parts)
Link to: Part 1 - Charlie Munger And The 2014 Daily Journal Annual Meeting: A Fan's Notes Link to: Part 2 - Charlie Munger And The 2014 Daily Journal Annual Meeting: A Fan's Notes Link to: Part 3 - Charlie Munger And The 2014 Daily Journal Annual...
- Stretching For The Right People...
Comment from Charlie Munger about Iscar, via Whitney Tilson’s notes from the 2007 Wesco Annual Meeting:It’s not a Ben Graham stock – in fact, it would be the ultimate non-Ben Graham stock. It’s located a few miles from the Lebanese border in Israel....
- A 13% Hurdle...
Just an interesting couple of comments mentioning the 13% hurdle number which I hadn’t noticed together until recently. In Poor Charlie's Almanack, I think there was also a comment from Munger along the lines that Berkshire's one big, 'hedgehog'...
- Charlie Munger On Leucadia And Telecom...
Via Whitney Tilson’s notes from the 2005 Wesco Annual Meeting:We regard the Leucadia people as very smart. Is it conceivable that the Leucadia people could have one outcome that didn’t work very well? Sure, it’s possible. I look at telecom...
- Charlie Munger On A Macro Mistake...
Via Whitney Tilson’s notes from the 2005 Wesco Annual Meeting:Cort benefited from the venture-capital-financed, new-company boom. You could argue that we made a macro mistake. These companies went away for a while and Cort was affected. ...
Money and Finance
Charlie Munger on Berkshire's 15 best deals...
Via Whitney Tilson’s notes from the 2005 Wesco Annual Meeting:
The reason I keep talking about the record without the 15 best deals is that it shows how few deals you need in a lifetime. The people who need a deal every month, by and large, they all crater. Patience and aggressive opportunism is what you need – an odd combination, but it’s what works best.
- More Notes From The Daily Journal Annual Meeting (four Parts)
Link to: Part 1 - Charlie Munger And The 2014 Daily Journal Annual Meeting: A Fan's Notes Link to: Part 2 - Charlie Munger And The 2014 Daily Journal Annual Meeting: A Fan's Notes Link to: Part 3 - Charlie Munger And The 2014 Daily Journal Annual...
- Stretching For The Right People...
Comment from Charlie Munger about Iscar, via Whitney Tilson’s notes from the 2007 Wesco Annual Meeting:It’s not a Ben Graham stock – in fact, it would be the ultimate non-Ben Graham stock. It’s located a few miles from the Lebanese border in Israel....
- A 13% Hurdle...
Just an interesting couple of comments mentioning the 13% hurdle number which I hadn’t noticed together until recently. In Poor Charlie's Almanack, I think there was also a comment from Munger along the lines that Berkshire's one big, 'hedgehog'...
- Charlie Munger On Leucadia And Telecom...
Via Whitney Tilson’s notes from the 2005 Wesco Annual Meeting:We regard the Leucadia people as very smart. Is it conceivable that the Leucadia people could have one outcome that didn’t work very well? Sure, it’s possible. I look at telecom...
- Charlie Munger On A Macro Mistake...
Via Whitney Tilson’s notes from the 2005 Wesco Annual Meeting:Cort benefited from the venture-capital-financed, new-company boom. You could argue that we made a macro mistake. These companies went away for a while and Cort was affected. ...