Sunday, October 25, 2020 Text is available under the CC BY-SA 3.0 licence.

Charlie Munger

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Our investment style has been given a name - focus investing - which implies ten holdings, not one hundred or four hundred. The idea that it is hard to find good investments, so concentrate in a few, seems to me to be an obvious idea. But 98% of the investment world does not think this way. It's been good for us.
--
Poor Charlie Almanack (p.100)

 
Charlie Munger

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