1/ This is my third financial drawdown. I learned a lot by paying attention to what was happening then.
I don't include experiences since like 1973-74 since I wasn't in charge of a meaningful portfolio then. I had also heard stories about the Depression from my grandparents.
I don't include experiences since like 1973-74 since I wasn't in charge of a meaningful portfolio then. I had also heard stories about the Depression from my grandparents.
2/ How did I find my way to the ideas of Charlie Munger? The genesis of my book on him can be traced to the period immediately before the collapse of the Internet bubble. The wealth being created during the Internet bubble was unreal to anyone paying attention. 
3/ I feel gratitude that I found Munger's ideas and feel obligated spread them. Ideas like inversion, margin of safety and metal models changed the way I think.
Mistakes happen:25iq.com/2015/09/19/a-d…
I wish he was on Twitter. That would make me happier than a pig in slop.
Mistakes happen:25iq.com/2015/09/19/a-d…
I wish he was on Twitter. That would make me happier than a pig in slop.
