I think corporate managers should learn to be better investors because it would make them better managers.
Charlie MungerYou have to have a temperament to grab ideas and do sensible things. Most people donโt grab the right ideas or donโt know what to do with them.
Charlie MungerI think the notion...that liquidity is this - of tradable common stock - is a great contributor to capitalism - I think that is mostly twaddle... The liquidity gives us these crazy booms, which have many problems as well as virtues.
Charlie MungerLike the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as intrinsic value. When it runs up, we try to talk it down. That's not at all common in Corporate America, but that's the way we act.
Charlie Munger