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Charlie Munger On Investment Concertration Versus Diversification

TedTed
in Fund Discussions
FYI: Charlie’s advice to other people on investing is very different depending on the nature of the investor.
Regards,
Ted
http://25iq.com/2013/01/16/charlie-munger-on-investment-concentration-versus-diversification/

Comments

  • Old_JoeOld_Joe
    Too bad MJG isn't here to read Munger's comments re academic financial types. Pretty funny.
  • JohnChisum
    I have always enjoyed Charlie Munger's insights. Thanks for that.
  • Old_JoeOld_Joe
    edited July 2014
    Yes, he and Warren must make quite a pair after they've had a few drinks...

    John- Hey, I was thinking about you earlier today- you survived another one, glad to see.
  • JohnChisum
    edited July 2014
    Thanks for the concern. Yea this one was to the north of us. We had some blustery conditions and heavy rain on Tuesday here. The power utility cut power late in the morning till supper.

    Manila is a mess. Well, it was a mess before the storm. What is amazing is the amount of garbage that ends up in Manila Bay. I saw it one time from my hotel room on Roxas Blvd. unbelievable.
  • skepticalg
    again ted, thanx for the great info & link. i especially enjoyed this one! indefatiguable as always.
  • CrashCrash
    Glad you're OK, JohnChisum.
    Funny: "My next post will be: 'Charlie Munger on the Importance of Consistently
    not being Stupid.'”
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