
418- Berkshire Shareholder Meeting part 2
InvestED: The Rule #1 Investing Podcast
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The Importance of Having a High IQ
Berkshire Hathaway CEO Charlie Munger was asked about the company's 35% stake in Apple. He said he doesn't support having such a high concentration of any one company. The Berkshire portfolio is not only marketable securities like Apple and other ones, but also "inane things taught at universities" that are so full of hubris they teach you dewercification of your portfolio.
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