"I'm starting to feel a bit better. I'm able to concentrate more in my investing practice," he says. "So i'm not going to do it three times, or three letters per day, because that's too much for me right now." You can goggle at am and join me. It's going to take like seven weeks. But, y god, you mut aly set yourself a high bar, but one per day. So, i mean, one letter, they don't take that long to read. And every single one, as i've been kind of dipping in and out over the last few months,. Every single one, i've taken like three or
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” — Charlie Munger
Munger is the Vice Chairman of the world’s greatest compound interest machine: Berkshire Hathaway, Inc.
During the time of his and Warren Buffett’s reign as the leaders of Berkshire, the company has returned roughly 2,000,000% on its initial value. It’s safe to say we can all learn a lot from Charlie Munger.
Today’s episode of InvestED is a favorite from the vault, where Phil and Danielle explain some of their favorite Charlie Munger quotes and cover how so many Rule #1 principles are based on his teachings.
Get inspired to invest like some of the world's greatest investors, Charlie Munger and Warren Buffett, with this free guide: https://bit.ly/3wGZz3T
Topics Discussed:
- Charlie Munger
- Rule #1 Investing Principles
For show notes and more information visit www.investedpodcast.com
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