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Charlie Munger has died

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Re: Charlie Munger has died

#71
post #34

One of the greats of investing. And a value investor. It's all about the profits, not the growth. Munger is gone, Bogle is gone, Buffett is 93. Who takes up the mantle of value investing now?

That is a good question. With Gen Z being trained to only be interested in get rich quick schemes and having a TikTok attention span, we may never see another great pure fundamentals investor for a long time.

Gen Z has fat tails, it will produce both great investors and great traders of all types.

Re: Charlie Munger has died

#72
post #44

Oh was that the guy who designed the windowless dorms?

Every plan should be on the table to provide more safe, affordable, community-oriented housing than is available today. Artificial light and ventilation in bedrooms are routine (e.g., every skyscraper in the winter) and should not have been a dealbreaker, especially if this is one choice out of many for the students.

I’d support excluding windows in dorms if we’ve already checked the cushions for other possible cuts around campus and couldn’t come up with any.

Re: Charlie Munger has died

#73
post #64
post #34

One of the greats of investing. And a value investor. It's all about the profits, not the growth. Munger is gone, Bogle is gone, Buffett is 93. Who takes up the mantle of value investing now?

Prem Watsa, the Buffett of Canada. Also, I’d suggest Sardar Biglari - check out his letters.

Mohnish Pabrai is another good candidate.

Re: Charlie Munger has died

#75
post #44

Earlier quoted context omitted.

Every plan should be on the table to provide more safe, affordable, community-oriented housing than is available today. Artificial light and ventilation in bedrooms are routine (e.g., every skyscraper in the winter) and should not have been a dealbreaker, especially if this is one choice out of many for the students.

I’d support excluding windows in dorms if we’ve already checked the cushions for other possible cuts around campus and couldn’t come up with any.

Imagine taking on $50k in student loans to live in a windowless room

Re: Charlie Munger has died

#79

Earlier quoted context omitted.

Most of the trades in that stock have been routed through dark pools (they don't hit lit exchanges), so even if there are (huge) trades you wouldn't necessarily see the price move.

Do you have a citation with statistics for this? I don’t know if it’s right or wrong but regardless, it’s extremely interesting as far as assertions go.

Pertinent: https://www.investopedia.com/articles/markets/050614/introdu...
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