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Tag Archive: Charlie Munger


The financial markets have come a long way in terms of technology, transparency, accuracy and speed. But there areblog few basics of the market that never changes, be it thoughts by the great Benjamin Graham, Warren Buffet, Charlie Munger or Peter Lynch.

Here are some thoughts by Jesse Livermore written in 1940 and they apply in today’s market scenario as well:-

  • Nothing new ever occurs in the business of speculating or investing in securities and commodities
  • Money cannot consistently be made trading every day or every week during the year

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What the wise man does in the beginning, the fool does in the end – Shares in the Berkshire Hathaway Textile blogCompany could be had for around $7.50 when Mr. Buffett first started buying the stock for himself and his partners. It closed at $214,400 April 29th 2015. That’s an increase in excess of 2,850,000%. What a man and his vision:

Here are seven interesting things I learned about Warren Buffett from The Snowball, and some ideas on how they can help you’re investing:

  1. Buffett set goals young. (He really started, really young)
    Buffet began obsessing over numbers as a child. He raced marbles with a stopwatch and calculated the lifespan of hymn composers when six-years old. He sold chewing gum at seven and Coca Cola when he was eight: the same year he began wearing a money-changer on his belt.

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with Warren Buffett

I have been using the most of them in my post but here are the best ones.

  • Warren Buffett (Net Worth $39 Billion) – “‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.

I have been using the most of them in my post but here are the best ones.

  • Warren Buffett (Net Worth $39 Billion) – “‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
  • George Soros (Net Worth $22 Billion) – ”I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.”  Continue reading

A recent interview on CNBC by Charlie Munger right hand of Mr Warren Buffet’s  has a little for everyone to love and hate (from Keynesian-doctrine to easy-living-Greeks and Bad-trading-robots), Buffett’s right-hand was particularly eloquent in his views on Einhorn’s distrust of the Fed and buying Gold: “gold is a great thing to sew onto your garments if you’re a Jewish family in Vienna in 1939 but civilized people don’t buy gold – they invest in productive businesses.”

He also quoted “I think gold is a great thing to sew in to your garments if you’re a Jewish family in Vienna in 1939 but I think Continue reading

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