The Charlie Munger Way-Key points from Munger Daily Journal’s 10 years of shareholder meetings

I spent several days and finished my reading of book The Charlie Munger Way, it’s a collection of all the transcripts of the Q&A of Munger Daily Journal (ticker: DJCO)’s sessions at shareholder meetings during his 10 years (2014-2023) Summarized my personal thoughts and ideas in the article you are reading now.

A brief discussion on partnership

In addition to venture capital firms, accounting firms, law firms, consulting firms, private equity funds, investment banks, and wealth asset managers; these types of large companies are usually partnerships──unless they are companies To go public, it will be reorganized into a limited company.

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