You are hereForums / Superinvestors / Standford Lawyer Interviews Charlie Munger
Standford Lawyer Interviews Charlie Munger
Charles T. Munger is a man of many interests, much like his hero Benjamin Franklin. Self-taught in a range of disciplines, he's a strong advocate for interdisciplinary education saying, "If I can do it, many people can."
On why investors should study accounting carefully, Charlie Munger said: "I would argue that a majority of the horrors we face would not have happened if the accounting profession developed and enforced better accounting. They are way too liberal in providing the kind of accounting the financial promoters want. They've sold out, and they do not even realize that they've sold out."
Read more:
http://www.law.stanford.edu/publications/stanford_lawyer/issues/80/
- ZENWAY's blog
- Login or register to post comments
- 1554 reads
Two great points I learned from Munger:
1. It's easier to look at the big gold nudgets that other people mined out and take advange of the findings by other harder working people.
2. The key is to work, work, work, and hopefully you will hit upon a few insights.