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Charlie Munger: The Complete Investor (Columbia Business School Publishing) by Tren Griffin

Author:Tren Griffin [Griffin, Tren] , Date: August 11, 2017 ,Views: 342

Charlie Munger: The Complete Investor (Columbia Business School Publishing) by Tren Griffin

Author:Tren Griffin [Griffin, Tren]
Language: eng
Format: epub
Tags: BUS019000, Business &#38, Economics/Skills, BUS059000, Problem Solving, Economics/Decision-Making &#38
Publisher: Columbia University Press
Published: 2015-08-18T22:00:00+00:00


You gotta work where you’re turned on.

—CHARLIE MUNGER, BERKSHIRE ANNUAL MEETING, 2013

The main contribution of [buying See’s Candies] was ignorance removal. If it weren’t … good at removing ignorance, we’d be nothing today. We were pretty damn stupid when we bought See’s—just a little less stupid enough to buy it. The best thing about Berkshire is that we have removed a lot of ignorance. The nice thing is we still have a lot more ignorance left. … Another trick is scrambling out of your mistakes, which is enormously useful. We have a sure-to-fail department store. A trading stamp business sure to fold and a textile mill. Out of that comes Berkshire. Think about how we would have done if we had a better start.

—CHARLIE MUNGER, BERKSHIRE ANNUAL MEETING, 2014



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Charlie Munger: The Complete Investor (Columbia Business School Publishing) by Tren Griffin.epub


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