Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99

Discussion in 'Wall St. News' started by vanzandt, Nov 28, 2023.

  1. ironchef

    ironchef

    Charlie lived most of his adult life in one of the most polluted areas in the US: LA, Pasadena.
     
    #11     Nov 28, 2023
    murray t turtle likes this.
  2. nursebee

    nursebee

    Futures are up, can't wait for the other guy...
     
    #12     Nov 29, 2023
    murray t turtle likes this.
  3. Tokenz

    Tokenz

    Lets have a moment of silence in respect for his death...
     
    #13     Nov 29, 2023
  4. %%
    Mostly true;
    except for the ''smart phone'' bunch , that is not to smart =socialism , dope ,dopes that walk around with thier nose in smart phones + get run over more.
    Like Dave Ramsey, readers are leaders.
    Spend [invest] in each day /aiming to be more wise than when you wake up.-C Munger
    WO'N, IBD founder lived to 90, may have lived much longer if not lived in LA \CA:caution::caution:
     
    #14     Nov 29, 2023
  5. RIP.

    Legend.
     
    #15     Nov 29, 2023
  6. comagnum

    comagnum

    Here are a few quotes from Charlie Munger that has been in my trading journal.

    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.

    The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don’t. It’s just that simple.

    The big money is not in the buying and selling ... but in the waiting.
     
    #16     Nov 29, 2023
  7. ironchef

    ironchef

    We day traders make BIG money in the buying (low) and selling (high).... but not in the waiting (flat).
     
    #17     Nov 30, 2023
    murray t turtle likes this.
  8. %%
    BIG, BIG enough to buy a BIG Mac,good brand also.
    SPY ,Vanguard, Fidelity500, JPM, MS,BAC, buying + holding [waiting] .
    And most likely some market making trades also.
    IF SSO does NOT make a daytrade profit\kick it out\exit \small loss not Big Mac size loss.:D:D LOL.\Actually the regular size MCD burgers+ coffee are excellant, even for breakfast.
    NOT a stock tip, not in SPXL now\too big.
     
    #18     Nov 30, 2023
  9. canada812

    canada812

    I listened to many of his speeches, and he was very funny.

    RIP
     
    #19     Dec 1, 2023
  10. %%
    He could be blunt+ very blunt , i liked him anyway.
    He warned GM went to hell \one union contract @ a time:caution:
     
    #20     Dec 1, 2023