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Charlie Munger on Delayed Gratification:I've also got the money-sense gene. The first 13 years I practiced law, my income from practicing law was $300,000 total. At the end of that
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One of the best reads is "Agony & Ecstasy" by JP Morgan from 2014It found that 40% of all stocks experienced catastrophic declines, when defined as a 70% decline from
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At the age of 31, Charlie Munger was divorced, broke, and burying his 9 year old son, who had died from cancer. In his 50s, after a failed eye cataract
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Predictable companies are long-term hitsPredictability is at the heart of successful investingThere are many high-quality companies that you count on to grow at relatively predictable levels for several decades1/ Their
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