includes such things as the current and prospective regulat… - Charlie Munger

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includes such things as the current and prospective regulatory climate; the state of labor, supplier, and customer relations; the potential impact of changes in technology; competitive strengths and vulnerabilities; pricing power; scalability; environmental issues; and, notably, the presence of hidden exposures.

Charlie Munger

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About Charlie Munger

Charles Thomas Munger (January 1, 1924 – November 28, 2023) was Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by investor Warren Buffett.

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Native Name: Charles Thomas Munger

Alternative Names: Charlie Thomas Munger • Charles T. Munger

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In contrast, most people early achieve and later intensify a tendency to process new and disconfirming information so that any original conclusion remains intact.

If something is too hard, we move on to something else. What could be simpler than that?

The fourth helpful notion is that the best and most practical wisdom is elementary academic wisdom. But there is one extremely important qualification: You must think in a multidisciplinary manner.

includes such things as the current and prospective regulatory climate; the state of labor, supplier, and customer relations; the potential impact of… - Charlie Munger

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