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.

The importance of circle of competence

Circle of competence. Since Buffett and Munger proposed that investors should pay attention to and limit their investment scope within their own ability circle (in fact, Peter Lin District has also mentioned similar views, interested readers can look at my blog for his book I wrote a brief introduction

The biggest risk to hold Chinese stocks, taking Alibaba and Tencent as examples

The biggest risk to hold Chinese stocks, taking Alibaba and Tencent as examples

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