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MI199: Cloning Warren Buffett and Charlie Munger w/ Chris Franco
Millennial Investing - The Investor’s Podcast Network
Warren Buffet and Charlie Monger's Investment Approach
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When warren buffet and charlie monger were first getting to really know each other there was a lot of people that were trying to learn from him. He didn't have any regard for the convention he was interested in making as much money as he could. The cigar butt approach is saying yeah this is great but it's also you're buying a lot of businesses that give you headaches. His own portfolio has 90 percent of its value coming from three things: alibaba, bircher meetings and lulu's fund.
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