Charlie Munger Advice: Get Rich Slowly, Stay Rich Forever

Transcript

I could have been twice as rich if I hadn't made one dumb mistake 50 years ago. That's not a complaint. It's a reminder. Getting rich isn't about brilliance. It's about avoiding stupidity. And stupidity usually comes dressed as urgency. People want to get rich fast. That's the oldest trap in the world. If you look around, most financial ruin has th... Read More