Mr. Munger's quotes:
"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."
"A lot of people with high IQ's are terrible investors because they've got terrible temperament."
"Great investing requires a lot of delayed gratification."
"It is waiting that helps you in investing and a lot can't stand to wait."
"All intelligent investing is value investing, acquiring more than you are paying for- you must value the business in order to value the stock."
"Simplicity has a way of improving performance by enabling us to better understand what we are doing."
"Excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results."
"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."
"A lot of people with high IQ's are terrible investors because they've got terrible temperament."
"Great investing requires a lot of delayed gratification."
"It is waiting that helps you in investing and a lot can't stand to wait."
"All intelligent investing is value investing, acquiring more than you are paying for- you must value the business in order to value the stock."
"Simplicity has a way of improving performance by enabling us to better understand what we are doing."
"Excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results."
All intelligent investing is value investing
All smart investing is known to be value investing, according to Mr. Munger. You need to understand that the key driver behind success in the stock market is to be able to invest with an approach that is smart. Also known as value investing, buying stocks for below what they are truly worth- intelligent investing at it's best.
Warren Buffett and Charlie Munger on moats
Moats are what separates a good company from a mediocre one, a moat will allow a business to hold a strong position in the market in the long term. Understanding moats is what will allow you to out perform the market.
Simple investing is good investing
Mr. Munger is an advocate of simple and strategic investing, finding companies which are of quality and have consistency is a must. Buying pieces of businesses which are sound in the way in which they perform in the market in addition to having good future prospects.
If the company is simple, has good financials and the management of are high integrity, you can make a bet that this business will likely return sound returns on principal in the market. Investing is simply about purchasing businesses which are simple and have strong financial prospects in the future. The more simple the business is the greater your odds at attaining success with investing.
Mr. Munger likes to keep investing as simple as possible, simple being genius in investing in the stock market. You don't need to be able to do any complex math or solve problems at a crazy level to be successful in the markets, the simpler your approach is, the better you will do to some extent. The way in which you win in the markets is by not falling for the stock markets traps, you don't need to try to beat the market, what you do need to do is to be able to understand where you can go wrong and to avoid this at all costs.
Mr. Munger is an advocate of purchasing a strong company at a fair price, the ability to find a company which have these traits:
- Integrity in management and business
- Sells at a fair price relative to their underlying value
- Wide and long last competitive advantage
- simple and understandable business
If the company is simple, has good financials and the management of are high integrity, you can make a bet that this business will likely return sound returns on principal in the market. Investing is simply about purchasing businesses which are simple and have strong financial prospects in the future. The more simple the business is the greater your odds at attaining success with investing.
Mr. Munger likes to keep investing as simple as possible, simple being genius in investing in the stock market. You don't need to be able to do any complex math or solve problems at a crazy level to be successful in the markets, the simpler your approach is, the better you will do to some extent. The way in which you win in the markets is by not falling for the stock markets traps, you don't need to try to beat the market, what you do need to do is to be able to understand where you can go wrong and to avoid this at all costs.
Mr. Munger is an advocate of purchasing a strong company at a fair price, the ability to find a company which have these traits:
- Integrity in management and business
- Sells at a fair price relative to their underlying value
- Wide and long last competitive advantage
- simple and understandable business
The art of successful investing
Successful investing is simple but hard to pull off. Mr. Munger explains the theory behind actually achieving above average returns in the market. If your practical with the advice in this video, you can do very well in the stock market.
How the stock market really works
Very few people actually understand how the stock market works, if you want to create massive amounts of wealth- you need to be able to get a grasp of how people make and lose money, also how you can position yourself to succeed in the stock market.
Advice on investing
. Charlie Munger inspired Warren Buffett to invest in high quality business for long term.
Upcoming stock market returns
Treat a share of stock as a proportional ownership of the business.
Do this one thing to be a great investor
Buy at a significant discount to intrinsic value to create a margin of safety.
How to out perform the market
Make Mr. Market your servant rather than your master.
Why do so few outperform the index?
Be rational, objective and dispassionate.
How to read annual reports- the key to beating the market
Rationality is the essential quality of a successful investor. It is the best antidote to psychological and emotional errors. Much like the margin of safety, the idea of being objective and dispassionate will never be obsolete.
When to sell a stock
He derives it from investment pioneer Benjamin Graham’s principles of value investing.
Learn more about stocks
Stocks simplified.
Would you like to invest?
Learn on social media with Jagdip
Any links provided to other websites are offered as a matter of convenience, these links do not mean we own them, endorse, sponsor or promote any of the content of the owners.
Privacy policy : Terms of use : Our ethics
Frequently asked questions
ONEZYPHER © LTD-2021: All rights reserved.
Privacy policy : Terms of use : Our ethics
Frequently asked questions
ONEZYPHER © LTD-2021: All rights reserved.