Warren Buffett's partner, is a renowned investor and Vice Chairman of Berkshire Hathaway. His insights are invaluable for investors.
Source: Financial Post
Focus on waiting for the right opportunities, rather than frequent buying and selling. Munger held stocks for years, exemplifying the power of patience.
Source: Financial Post
Emphasize quality over diversification. Munger's portfolio included few stocks, emphasizing the importance of investing in solid businesses.
Source: Financial Post
Recognize great opportunities are rare! He believed in making significant moves when exceptional opportunities arise.
Source: Financial Post
Source: Financial Post
Munger's approach: Inversion. Focus on avoiding failure, not just seeking success. Thinking both ways navigates challenges effectively.
Source: Financial Post
Prioritize ethical businesses. Munger believed in investing in companies with fair and ethical practices for long-term success.
Source: Financial Post