Charlie Munger quote (diversification)
Money and Finance

Charlie Munger quote (diversification)


“Just give me a few decent things to do and I’ll ignore the rest of the world.” –Charlie Munger

….......

I’m not 100% sure if that is an exact quote. I had it saved in an old email from May 3, 2010, so I’m assuming it is from Berkshire’s 2010 Annual Meeting. Next to the quote I wrote that Munger mentioned that once he found BYD, he just ignored the rest of China.





- On Checklists And Not Being Stupid...
From Charlie Munger: The Complete Investor: A lattice approach is, in effect, a double-check on the investing process. But instead of just two checks, you are checking the result over and over. Munger believes that by going over your decision-making process...

- Charlie Munger On Cnnmoney
Links to videos: Charlie Munger: 'I'm not the only wise ass in the world' Munger on politicians: 'They're all flawed' Charlie Munger defends Clayton Homes Charlie Munger on what's going on in Baltimore ...

- Charlie Munger On The Balance Between Competency And Gumption...
A quote from Jason Zweig's article, "A Fireside Chat With Charlie Munger," worth a post of its own: You have to strike the right balance between competency or knowledge on the one hand and gumption on the other. Too much competency and no gumption...

- Charlie Munger Quote
The quote below was one of my favorite quotes from Saturday’s Berkshire Hathaway Annual Meeting. I believe it came right after Munger was discussing how Berkshire’s record wouldn’t have been as good as it is if they wouldn’t have been flexible...

- Berkshire, Buffett, And Munger Links
Before I leave for the Berkshire Hathaway Annual Meeting tomorrow, I thought I’d post some of the more popular and/or recent Warren Buffett and Charlie Munger links. Warren Buffett Videos from CNBC (March 2010) Berkshire Hathaway Speaks Out About Kraft's...



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