@mihaljevic That is also the hallmark of significant underperformance… Portfolio construction is often oversimplified, but just to add one more aspect: Time (patience).
Wit and Wisdom From The World’s Most Irreverent Billionaire
Charlie Munger is one of the great minds of the 20th century. Here is an attempt to capture some of that wisdom.
https://t.co/PN7hhPmUcC