Investing · Modern investor letters
Charlie Munger:Munger's 1994 USC Talk, Additional Excerpt 43
Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· USC Business School, 1994 · Investing · Wealth · Action · Leadership
So you do get an occasional opportunity to get into a wonderful business that's being run by a wonderful manager. And, of course, that's hog heaven day. If you don't load up when you get those opportunities, it's a big mistake.
Source:
https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator:Archived transcript, additional excerpt 43 · Verified:2026-10-19 · Verification:Short excerpt
Today's question
Does this passage change one judgment about money or risk today?
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