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BBC NEWS Business Charlie Munger Boom and Bust Is Normal
January 21, 2012 By
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Always a pleasure to listen to Charlie Munger, he is amazing!
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Someday we all may
him n warren both are a treasure of knowledge and wisdom…if all of us and including our so called leaders learn anything from their ethics and honesty i think this world would have been a way better place then it is now…..
lulz, he said equanimity
Success leaves footprints. there is a library of books on how they were successful and yet millions will try and make money on penny stocks or trade with Cramer.
haha “it’s too simple – what would they do the rest of the semester?”
I guess he was referring to the repeal of the Glass-Steagall act when he said the regulators went too far in financial deregulation; and that he was referring to the George Bush administration when he talked of idiots taking control.
Good advice
I liked the heroin analogy.
get the fucking bubble off the screen it’s annoying dickhead
is that bubble going to be there for the whole video?
Benjamin Graham did a study and over 100 years the Dow crashed 19 times (almost twice every decade). Then the Dow recoperated every time. The trick is to invest big when the market crashes. Warren bought COP, NRG, GE and WFC in 2009 after a two year crash.
a monumental person
Maybe idiot was a strong word, but I’ve never heard of this man.
He’s only charlie munger one of the only people to be accepted into harvard law school with no undergraduate degree and graduated with honors, he also ran one of the most succesful investment partnerships with an average return of well over 20 percent over a period of more than 10 years and is the vice chairmen of the most successful investment and holdings companies berkshire hathaway.
@Berlitz777
He’s a TRUE DECENT LEGEND!!!!!!!!
Who is this idiot?
Incredibly smart.
Charlie is talking about some on the fundamental concepts in Benjamin Graham’s The Intelligent Investor. If you are a Buffet/Munger fan who hasn’t read his book but it today.
I have nothing to add.
Charlie for President!
Great interview! Thanks for posting.
I could listen to Charlie all day!!!!
Amazing!
I love listening to Charlie Munger and Warren Buffett