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IFB257: How to Know When to Take a Loss + Buying Great Companies for a Fair Price
The Investing for Beginners Podcast - Your Path to Financial Freedom
Is Charlie Munger a Risky Stock?
I don't want people to think that because it's a small percentage of my portfolio that I see it as like a highly risky stock. But the numbers back up what you were saying with Charlie Munger, where you could pay a higher valuation in the short term and might have some problems over the long term. It will actually the higher return on capital will balance it out. What makes that so hard is that it's really, really hard to find those companies that actually do that. So it's one of those, you got to have like good reasons why I'm going to spend this arrow on a company that's truly wonderful. And you know, could still end up being wrong on
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