Charlie Munger: 2021 Daily Journal Annual Meeting Transcript
Read the full transcript of the meeting featuring Charlie Munger and Gerald Salzman.
Menu
Read the full transcript of the meeting featuring Charlie Munger and Gerald Salzman.
Here’s Charlie Munger’s way of explaining how lollapalooza effects from the simplest academic models create the success and trajectory of Coca-Cola.
Imagine it’s the year 2025. We’re over the pandemic, we have learned the end result, and we know all the events that have yet to play out.
Knowledge and know-how can act as an almost indestructible moat for a company’s competitive position and growth prospects. But there’s also a large risk of losing it coming from within an organization.
Charlie Munger spreads wisdom at the annual meeting for the Daily Journal. Here’s a full transcript of the entire meeting.
Keynes said that markets can stay irrational longer than you can stay solvent. Some of the greatest lessons of why that is are found in the history of market corners and short squeezes.
A great presentation by Morgan Housel teaches us the simple value of the long view.
What is said in Kipling’s timeless poem is incredibly powerful.
Read about the powerful mental model used to understand how epidemics gain traction in biology, financial markets, and more.
“Everything we do and think is determined by the technologies we build and implement”.
© 2020 Junto Investments, all rights reserved. The content provided on the Junto Investments (“Junto”) website is for informational purposes only, and investors should not construe any such information or other content as legal, tax, investment, financial, or other advice. Nothing contained on junto.investments constitute a solicitation, recommendation, endorsement, or offer by Junto or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. See our Terms, Privacy Policy, and Disclaimer.
Subscribe to the latest deeply reported research about companies, readings, and other lessons you won’t find elsewhere.