Charlie Munger

Charles Munger: Investing In Shares Is Much Easier Than Investing In Real Estate, Here’s Why

Here’s a great little video in which Charles Munger is discussing why investing in shares is better than investing in real estate. Munger says:

Q3 hedge fund letters, conference, scoops etc

Charlie Munger

“The trouble with real estate is that everybody else understands it, and the people who you’re dealing with and competed with, they’ve specialized in a little twelve blocks or a little industry. They know more about the industry than you do. And you’ve got a lot of bullshitters and liars and brokers. So it’s not a bit easy. It’s not a bit easy!”

“You don’t even see the good opportunities in real estate. They show those to the big investors they’re dealing with. It’s not an easy game to play against. Whereas stocks you’re equal with everybody, if you’re smart. In real estate you don’t even see the good opportunites when you’re starting out. They go to others. The stock market’s always open.”

You can watch the video here:

(Source: YouTube)

For more articles like this, check out our recent articles here.

Article by The Acquirer’s Multiple

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 9/130/2019 or after next 25 15 subscribers take advantage whichever comes first – please do not share this discount with others