Buying a Great Business is Tough
Wrigley is a great business, but that doesn’t solve the problem. Buying great businesses at advantageous prices is very tough.
Quote Author: Charlie Munger, Nationality: American, Sex: Male
Profession(s) | Businessman | Investor | Philanthropist |
Born: January 1, 1924
Charles Thomas Munger is an American investor, businessman and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation. (Source + full bio: Wikipedia org)
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