Charlie Munger, the brilliant investor and longtime partner of Warren Buffett, passed away at the age of 99. Munger, born on January 1, 1924, was a towering figure in the world of finance, leaving an indelible mark on the investment landscape. Throughout his storied career, Munger was widely admired for his sharp intellect and no-nonsense approach. His advice to investors reflected a blend of wisdom and pragmatism. He often emphasized the importance of patience, rationality, and a long-term perspective in the face of market fluctuations. Munger's famous mantra, "It's not supposed to be easy. Anyone who finds it easy is stupid," served as a reminder that successful investing requires diligence and a willingness to confront challenges. He believed in the power of learning from a variety of d
Dow's 85-Point Drop Led By Losses For Shares Of 3M, Nike
This article was automatically generated by MarketWatch using technology from Automated Insights.Behind negative returns for shares of 3M and Nike, the Dow Jones Industrial Average is declining Monday morning. The Dow was most recently trading 85 points, or 0.3%, lower, as shares of 3M and Nike have contributed to the index's intraday decline. 3M's shares have dropped $2.72 while those of Nike are off $1.45 , combining for a roughly 27-point drag on the Dow. Other components contributing significantly to the decline include Walgreens Boots , Chevron , and McDonald's . A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.Data source: Dow Jones Market Data, FactSet. Data compiled October 2, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
Nvidia Corporation's recent performance indicates that its growth story is far from over.There are reasons to believe that the company will once again exceed expectations in Q3.Nvidia's expansion in t