Tags » Munger

Here’s How Successful Investors Put The Odds Squarely In Their Favor

Content belongs to Acquirer’s Multiple.

Reproduced:

Pari-mutuel betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the “house-take” are removed, and payoff odds are calculated by sharing the pool among all winning bets. 974 more words

EXPLAIN IN THE MEMBRANE: Warren Buffett & The Woodstock Of Capitalism


BFFs: Warren Buffett and Charlie Munger

(Originally written 04/20/2015)

Woot! Woot! The Woodstock of Capitalism (aka Berkshire Hathaway’s Annual General Meeting aka Berkshire’s AGM) is right around the corner. 1,714 more words

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The Lollapalooza Effect

When several psychological tendencies of human behavior conflate, it produces a phenomenon called the lollapalooza effect. This term was originally coined by Charlie Munger, an American business magnate, lifelong learner, and longtime partner of legendary investor Warren Buffet, during his Harvard commencement speech in the summer of 1995… 399 more words

Science

Happy 134th Birthday to William (Papa) Hudson!

This handsome young man is William Arthur Hudson (1883-1963), my husband’s grandfather. This was taken around the turn of the century before he became the father of seven daughters and (finally) one son! 279 more words

Family History

Life Lessons from Munger

Charlie Munger, is VP of Berkshire Hathaway but is the lesser known business partner of Warren Buffet.

One of the best ways to learn is not by talking about how we SHOULD live but by being honest and studying the lives of those around us. 335 more words

Philosophy

CHARLIE MUNGER: 'A lot of other people are trying to be brilliant. We're just trying to be rational.'

(Source: www.businessinsider.sg)

Charlie Munger just dropped a nugget of wisdom at the annual Berkshire Hathaway shareholder meeting on Saturday.

“A lot of other people are trying to be brilliant. 183 more words

Money Matters

'JEFF BEZOS IS A DIFFERENT SPECIES': Buffett and Munger praise Bezos, Amazon

(Source: www.businessinsider.sg)

Warren Buffett and Charlie Munger are big fans of Jeff Bezos.

At the Berkshire Hathaway annual meeting, the legendary investors praised the Amazon CEO saying that his ability to grow Amazon’s business while running other projects like The Washington Post and Blue Origin was incredible. 122 more words

Money Matters