TIP147: Billionaire Charlie Munger and the Daily Journal (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Investing Wisdom and Market Strategies
This chapter explores the challenges of achieving superior investment returns, emphasizing the importance of personal research, patience, and a thoughtful approach over reliance on algorithms. Through personal anecdotes and discussions on the merits of corporate versus partnership investment structures, it critiques corporate tax implications and highlights the flexibility of holding companies. The dialogue also reflects on insights from Munger regarding life, mortality, and the deeper thinking required in strategic investments.
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