“Opportunity cost is a huge filter in life. If you’ve got two suitors who are really eager to have you, and one is way the hell better than the other, you do not have to spend much time with the other. And that’s the way we filter stock buying opportunities. Our ideas are so simple, people keep asking us for mysteries, when all we have is the most elementary idea.” —Charlie Munger
Links - 05/05/2024
Links - 05/05/2024
Links - 05/05/2024
“Opportunity cost is a huge filter in life. If you’ve got two suitors who are really eager to have you, and one is way the hell better than the other, you do not have to spend much time with the other. And that’s the way we filter stock buying opportunities. Our ideas are so simple, people keep asking us for mysteries, when all we have is the most elementary idea.” —Charlie Munger