“The practice of playing the stock market for relatively short-term gains has now reached such a high level that it tends to give a bad name to capitalism, thus threatening the cornucopia of goods and freedoms which only capitalism can provide.” – Charlie Munger [munger] The above quote comes from an opinion piece written by Charlie Munger at the end of January 1984, although it could quite easily be a reference to today’s markets. The opinion piece is a fascinating insight into Charlie Munger’s thoughts on the short-termism of markets, and what can be done to reduce what Munger calls…
Charlie Munger On The Benefits Of Long Term Investing
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk