investing
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Charlie Munger’s Principles
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Investing for Beginners: A Guide to the Investment Risk Ladder
“The good news is that successful investing doesn’t require advanced math skills or complex strategies. Instead, it starts with understanding the basic building blocks of investing—known as asset classes—and how they fit together. From the relative safety of a savings account to the growth potential of stocks, each type has different potentials for risk and rewards. Understanding where these different assets stand on the investment risk ladder can give you a solid foundation for getting started in investing.”
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“The first rule of a happy life is low expectations. That’s one you can easily arrange. And if you have unrealistic expectations, you’re going to be miserable all your life.”
— Charlie Munger
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Charlie Munger’s advice on investing and life choices that make a person wealthy
RIP
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Warren Buffett Interview 2015: How I Look At Life and Business
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Enron: The Smartest Guys in the Room Full Movie (Documentary)