Charlie Munger：Munger's 1994 USC Talk, Additional Excerpt 36

However, I know of no really rich sector rotator. Maybe some people can do it. I'm not saying they can't. All I know is that all the people I know who got rich—and I know a lot of them—did not do it that way.

Source： https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator：Archived transcript, additional excerpt 36 · Verified：2026-10-19 · Verification：Short excerpt

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