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Archive of posts published in the tag: Charlie Munger

Putting Trump in a Historical Perspective

Can America survive Trump?  Charlie Munger of Berkshire Hathaway commented that a business that can not withstand a little bad management is not that great a business.

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Virtue and Keynesian Policy

In a Charlie Munger interview he discusses the necessity of social virtue for Keynesian policies to work.  Societies like ours, the Germans, or the Japanese have the virtues required for Keynesian stimulus to work.  Greece on the other hand lacked

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Feeding a Culture of Envy

During the question and answer session of the annual Berkshire Hathaway meeting one from the audience asked about fuller disclosure of compensation of more than the top executives as required by the SEC.  Since there were so many managers getting

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A Community of Capitalists

I attended my first shareholders’ meeting of Berkshire Hathaway in Omaha this weekend.   My investment manager, Gary Watkins (Banyan Capital), has been a shareholder and regular attendee of these meetings for some time.  I had heard of these meetings as

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