If the 2020 election was a math problem, it would read like this. “If you’re going down a river at 20 miles per hour and your canoe loses a wheel, how much pancake mix would it require to re-shingle your roof.”
“A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice,” said Warren Buffet's partner, the 99-year-old Charlie Munger.
“Don’t bail away in a sinking boat if you can swim to one that is seaworthy,” said Warren Buffet partner, the 99-year-old Charlie Munger.
“You can’t go from Wild Turkey to cold turkey overnight,” said former president of the Dallas Fed Richard Fisher.
“You have to keep learning if you want to become a great investor. When the world changes, you must change” said Warren Buffet partner, the 99-year-old Charlie Munger.
“Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never,” said Warren Buffet partner, the 99-year-old Charlie Munger.
“Bull markets do best when you’ve got a wall of worries, what I’m worrying about is nobody is worried anymore,” said super bull Ed Yardeni.
“The dumbest investment in my view is a long-term government bond,” said Oracle of Omaha, Warren Buffett.
“Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage when investing,” said Warren Buffet partner, the 99-year-old Charlie Munger.
"If you don’t see the world the way it is, it’s like judging something through a distorted lens,” said Warren Buffet partner, the 99-year-old Charlie Munger.
