Charlie Munger's Final Contrarian Bet Doubles Before His Death, Friend Reveals - PRESS AI WORLD
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Charlie Munger's Final Contrarian Bet Doubles Before His Death, Friend Reveals

share-iconWednesday, January 08 comment-icon2 weeks ago 14 views
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Charlie Munger's Final Contrarian Bet Doubles Before His Death, Friend Reveals

Credited from: BUSINESSINSIDER

  • Charlie Munger successfully identified investments until age 99, according to his friend Li Lu.
  • His final investment was a contrarian bet on a stock that was unpopular at the time, which reportedly doubled in value.
  • Li Lu stated that this investment demonstrates Munger's enduring passion and ability to diverge from market consensus.
  • Munger and Elon Musk had discussions showcasing their different investment philosophies, particularly regarding risk tolerance.
  • Li Lu noted that Munger’s investment approach was meticulous, recalling his disciplined strategy of identifying opportunities over decades.

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