Monday, January 16, 2006

Charlie Munger on becoming a good investor

"If you're going to be an investor, you're going to make some investments where you don't have all the experience you need. But if you keep trying to get a little better over time, you'll start to make investments that are virtually certain to have a good outcome. The keys are discipline, hard work, and practice. It's like playing golf -- you have to work on it."

Excerpt from "The Best of Charlie Munger" by Whitney Tilson


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