Three investment courses of Charlie Munger: “Buy outstanding companies at fair prices, a lot of money is not a buy and selling goods.

Charlie MungerInvest in Titan, and Wallen Buffett,change Berkshire Hathaway Entering the global corporate group, leaving long -lasting investment intelligent heritage.

what happened: Munger’s death in 2023 marks the end of the times. He and Buffett changed Berkshire Hathaway from a modest textile company to a $ 780 billion corporate group.

Munger is known for its wishes for smart business and sharing investment advice. His investment concept stems from the power of value investment. He always recommends buying outstanding companies at fair prices.

Munger once said: “Forget the understanding of fair enterprises at a good price. On the contrary, buy excellent companies at fair prices.”

Munger is not a supporter of daily transactions, but focuses on determining strong investment opportunities and long -term holding.

Munger avoids stocks chosen for cheap value that others may only understand. Instead, he invests in companies that he thinks he thinks of fundamentally strong and solid business.

Please read another: Three rules of Charlie Munger successfully: “Don’t sell things you will not buy, work for you to appreciate, and cooperate with the people you like ”

“The huge amount of funds is not buying and selling, but waiting. The entire secret of the investment is to find a safe and wise place, and don’t be diverse.” Munger said.

Munger’s investment strategy also has his belief, that is, “life is not just for you to provide you with unlimited opportunities.” He has high selectivity in terms of investment selection and only considers those who have passed rigorous review.

In addition, Munger believes that “good enterprises are moral business.” He and Buffett are famous for closely studying the operations of their investment companies, looking for people with good growth potential and moral business model.

Why is it important: Munger’s investment philosophy has a long -lasting impact on the financial world. His attention to value investment, long -term holding and moral business practice has created countless investors and enterprises.

His inheritance reminds people that investment is not only about fast profits, but also involves enterprises that provide value and operation with identification and support to provide value and operation with integrity. His wisdom will continue to guide the investment community in the next few years.

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