A short tribute to Charlie Munger

Mungerism
2023-11-29

Last night, we saw the passing of one of the greatest investor of our time, Charlie Munger, he has many famous quotes, the one that is the foundation of Berkshire Hathaway's investment philosophy is “The big money is not in the buying or selling, but in the waiting." Finding a few great companies and let the power of compounding multiply your wealth. Berkshire is a testament of this buy and hold strategy... Coca Cola, Apple, BoA, Amex ... over time an investment in BRK beats the S&P handsomely 

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Comments

  • zippyzo
    2023-12-02
    zippyzo

    I learned a lot from Charlie Munger and Buffett’s investment philosophies

  • twinkle5
    2023-12-02
    twinkle5

    The only thing I can do now is to firmly hold BRK

  • floopi
    2023-12-02
    floopi

    To be honest, BRK is the best company in my mind

  • dimzy
    2023-12-02
    dimzy

    I hope Buffett can stay healthy.

  • chimey
    2023-12-02
    chimey

    I'm saddened by Charlie Munger's death

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