"Be prepared, patient and courageous" That is my favourite Charlie Munger quote. Another is "Deserve what you want". He packs a lot into a few words. Thanks, Sven.
Have the book singed by Charlie Munger himself since 2015, Absolute gold mine I got from my wife for Xmas when my 1st daughter was born. I will make sure she inherits the wit and wisdom of Charles T Munger. No greater gift can be given.
i invest in value, i like telecom and real estate, but i also have a large section in robotics, and i horde cash like buffet but when it comes time to buy i have no problem using debt... time will tell if its a good idea
How do you reconcile Mr Munger's advice to be extremely patient and selective to get great deals with the advice of not trying to time the market? Isn't his advice analogous with finding the perfect time to invest?
timing is about selling - being patient is about making the decision once - you buy and that is it - hopefully you never sell - like he did with Costco, BYD etc... Airports in China
"Be prepared, patient and courageous" That is my favourite Charlie Munger quote. Another is "Deserve what you want". He packs a lot into a few words. Thanks, Sven.
Worth every penny.
yep! Amazing book!
Bought a copy of this book at Amazon, cost me a fortune, turned up in Chinese!, ffs
👀😂😂😂😂
Shit!!
Damn.... sorry but LoL
When life gives you Mandarins, make lemonade.
@@thatguyinthathat.s6969 very smart sir. I recommend learning Chinese. The best investment for the 21th century.
Have the book singed by Charlie Munger himself since 2015, Absolute gold mine I got from my wife for Xmas when my 1st daughter was born. I will make sure she inherits the wit and wisdom of Charles T Munger. No greater gift can be given.
wow!
Those who keep learning will keep rising in Life.Munger
Great video
Really good book, I read it two times. He is spot on in many ways. A rabbit run faster because it is running for his life! - CM
Turtle wins every-time :D He can invest when he wants, when its the right time. No pressure on swinging the bat.
Excellent video share your bookshelves. Great poem by Sharpe Tool bag read by Maggie Smith 48 second long Munger s mini bio.
Great book
Good one, Sven ☝🏻 thanks!
i invest in value, i like telecom and real estate, but i also have a large section in robotics, and i horde cash like buffet but when it comes time to buy i have no problem using debt... time will tell if its a good idea
careful with the debt. its best to invest only once you have paid down all your debt. Assets can be wiped, debt is forever
I like your channel too much. Thanks for the good content. greetings from Argentina
saludos
I would recommend to read the history Santa Barbara channel car charters. Dreams do come true, for those who dare to dream.
Thank you Charlie Munger!
Discharge your duties faithfully, go to bed a litte wiser every day.
I like Charlie Munger and his wisdom very much. But his spoken english ist for me a bit difficult to understand. He is a lawyer.
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RIP Charlie
Charlie seems to carefully consider every word he says. He can distil a page of insights into a single sentence.
The fed only has 2.5 nails left before the house falls or the entire planet redefines the concept of money.
You probably said the same 10 years ago and will likely say the same in 10 years time.
Sven are you Illuminati? I just now that I am always thinking in the stocks, i do not know if its healthy XD
How do you reconcile Mr Munger's advice to be extremely patient and selective to get great deals with the advice of not trying to time the market? Isn't his advice analogous with finding the perfect time to invest?
timing is about selling - being patient is about making the decision once - you buy and that is it - hopefully you never sell - like he did with Costco, BYD etc... Airports in China
wife wasn't happy