Do you find yourself acting reacting with equanimity to recent market price decline? Did you make it easier to do so now with wise portfolio allocation put in place long ago?
"Success means being very patient but aggressive when it's time." Munger 2004 BRK annual meeting
"Success means being very patient but aggressive when it's time." Munger 2004 BRK annual meeting
"I can’t give you a formulaic approach, because I don’t use one. And I just mix all the factors and if the gap between value and price is not attractive, I go on to something else. And sometimes it’s just quantitative." And sometimes it isn't. It depends. google.com/amp/s/fortune.…
How is the stock price drop impacting you? Are you relatively calm?
"Warren and I aren't prodigies. We can't play chess blindfolded or be concert pianists. But results are prodigious because we have a temperamental advantage that more than compensates for a lack of IQ points.”
"Warren and I aren't prodigies. We can't play chess blindfolded or be concert pianists. But results are prodigious because we have a temperamental advantage that more than compensates for a lack of IQ points.”
