Friday, May 21, 2010

Munger on Dumb Competition

From a recent Forbes interview with Charlie Munger. When Charlie was asked about himself he said:

"I went where there was dumb competition (investment management). We do so well in spite of being so stupid. That's why there's hope for you!"

Check out some of the other excerpts from the interview.

Adam

This site does not provide investing recommendations as that comes down to individual circumstances. Instead, it is for generalized informational, educational, and entertainment purposes. Visitors should always do their own research and consult, as needed, with a financial adviser that's familiar with the individual circumstances before making any investment decisions. Bottom line: The opinions found here should never be considered specific individualized investment advice and never a recommendation to buy or sell anything.
 
Site Meter