Quote of the day by Charlie Munger "One of the greatest ways to avoid trouble is to keep it simple." How Munger’s simple investing wisdom helped him dominate Wall Street for decades
Quote of the day by Charlie Munger: Over ninety percent of active fund managers underperform the market over time. The Charlie Munger quote on keeping it simple explains why. Data from long-term stock market returns shows low-cost, long-term investing beats complex trading strategies. Charlie Munger’s investment philosophy focused on value investing, risk control, and strong businesses. In today’s volatile stock market, simplicity reduces losses. His strategy at Berkshire Hathaway proves disciplined, simple investing builds lasting wealth.