Blog posts tagged with wisdom

Charlie Munger, the legendary investor and partner of Warren Buffett, once emphasized the importance of having the courage to take action. This wasn’t just something he preached—it was how he lived and invested. Munger and Buffett, through Berkshire Hathaway, made very few investment decisions each year. They didn’t scatter their efforts but focused on making only a couple of key moves annually. Munger even remarked that if he had only invested in his top ten greatest opportunities, that alone would have been more than enough to succeed.