Charlie Munger’s 3 Brutal Rules for Beginners

Transcript

I could have been twice as rich if I hadn't made one dumb mistake 50 years ago. No, it wasn't missing Apple or Google. It was buying something I didn't understand because I thought I was smarter than I was. That's how most people start investing with overconfidence with the fantasy that they'll outsmart everyone else. It's nonsense. The market does... Read More