Do you really think Charlie Munger believed in portfolio rebalancing? That requires trimming your winners to free up cash to put into your positions that aren’t doing so well. Can you please provide some examples of him doing this, or urging Buffett to do it?
Do you really think Charlie Munger believed in portfolio rebalancing? That requires trimming your winners to free up cash to put into your positions that aren’t doing so well. Can you please provide some examples of him doing this, or urging Buffett to do it?
Charlie Munger has given us a knowledge that will not be found in some books.
They already know a lot. Like how to roast a turkey.
Powerful lessons, especially ''Value Continuous Learning''. I think this is an item most of us need to stick to.
I believe that! Most people are pretty clueless.
I love these. I've seen these countless times before, but it's great to be reminded. Thanks