Clearly one of the most successful active managers ever. A lesson for all of us. What can we learn?
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Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroinWarren Buffett's longtime business partner Charlie Munger is not a fan of active investment management and thinks it could harm investors. Well it maybe the end for Charlie dude looks like he needs life support. My gosh old bitter and out of touch much? Time to move him into assisted living. He looks thrilled to be there
Source: CNBC - 🏆 12. / 72 Read more »
Warren Buffett on managing people: Find the '.400 hitters' and don't tell them how to swingWarren Buffett and his business partner Charlie Munger describe their management style at conglomerate Berkshire Hathaway. Try .300 Hitters. Last one to bat .400 was Ted Williams, who died in 2002. Still, a good analogy. :)
Source: CNBC - 🏆 12. / 72 Read more »
Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroinWarren Buffett's longtime business partner Charlie Munger is not a fan of active investment management and thinks it could harm investors. Well it maybe the end for Charlie dude looks like he needs life support. My gosh old bitter and out of touch much? Time to move him into assisted living. He looks thrilled to be there
Source: CNBC - 🏆 12. / 72 Read more »