THE TAO OF CHARLIE MUNGER15 Charlie's Philosophy Applied to Business and Investing "We just keep our heads down and handle the head winds and tailwinds as best we can, and take the result after a period of years." "A great business at a fair price is superior to a fair business at a great price." - 2019. 12. 4. Charlie's Advice on Life, Education, and the Pursuit of Happiness "Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Slug it out one inch at a time, day by day. At the end of the day-if you live long enough - most people get what they deseve." "The best way to get a good spouse is to deserve a good spouse." "Know the big ideas in the big disciplines and use them routinely - all of them, not js.. 2019. 11. 29. It is an unfortunate fact that great and foolish excess can come into prices of common stocks inthe aggregate. They are valued partly like bonds, based on roughly rational projections of use value in producing future cash. But they are also value partly.. This is very interesting, and it belies several of the underlying thought processes that have made Charlie so incredibly wealthy.- -For Charlie and Warren, the time to buy the "equity bonds" of a wonderful company is when everyone else is trying to sell their Rembrandts.- -주가에 대해 좋아하는 설명 중 하나.책에서 좋은 회사를 사기 좋은 때에 대한 이야기를 하지만, 반대로 생각해보면 Rembradts를 살 때가 equity bonds를 팔기 좋을 때가 아닐까 싶다.내가 가진 종목이 테마로 인.. 2019. 6. 26. I succeeded becauses I have a long attention span. Patience is a virtue, and it is also an asset in the investment game. Most people think that means patiently sitting on some investment forever, waiting for its value to go up. In Charlie's world it also means sitting patiently on a pile of cash waiting for some great business's stock price to get beaten down. And it meas having the patience to stay focused on looking for a great company selling.. 2019. 6. 25. 이전 1 2 3 4 다음
