Watch as Charlie Munger explains why he's holding onto bank stocks, despite Berkshire's decision to unload them. He discusses the tax implications of selling securities in California and the advantages of the bank stocks' dividends, among other factors. Find out why Munger thinks it's not a crazy move to own these stocks at the market valuation, in this must-see interview with Becky Quick.
Charlie Munger's Recommended Book List:
► [ Ссылка ]
► Video Transcript & YAPSS Takeaway:
[ Ссылка ]
This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2023.
► Full Video: [ Ссылка ]
☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.
Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business and life from Charlie Munger and other great investors! For any concerns, business inquiries, etc. please contact us via email YAPSSBusiness@gmail.com
YAPSS Playlist – Collection: Charlie Munger:
[ Ссылка ]
#YAPSS #CharlieMunger #DailyJournal
Charlie Munger REVEALS why he's HOLDING Bank Stocks while Warren Buffett SOLD! | DJ 2023 【C:C.M 273】
