This page has been archived and commenting is disabled.
The Ageless Wisdom of Charlie Munger
With the Eurozone burning, Wall Street bots causing near panics and America's debt burden growing exponentially, investors are rightfully confused and worried about the state of the global financial markets. Luckily for us, sitting quietly in Southern California is a man who has seen it all and has maintained his calm and optimism regardless. At this year's Wesco Annual Meeting, Charles T. Munger shared his thoughts on the markets, Europe, Goldman Sachs, the uselessness of the MBA and on life in general. I humbly suggest that you read through the following 10 page, hand-typed transcript from the meeting. Enjoy!
- advertisements -
Thank you for posting this. I had no idea my views were very similar to Munger's. Especially, in regard to the fundemental problems facing the country..
How do you remain in the sane minority, when everyone else is going crazy?...
You have to be skeptical of common wisdom, and be able to keep your head when everyone else is losing theirs... The main problems in life can only be solved when you know what works, what doesn't, and why
Until this country, and humanity as a whole understand this, we will never escape the perpetual cycle of ignorance and apathy.
As far as this country, the population must stop blindly accepting everything they read in the 'common' blog or media outlet to be fact. It is you, the individual, who allow for the continuous cycle of bullshit that consumes this country.
To be continued...