“The history of much of which we don’t like in modern corporate capitalism comes from an unreasonable expectation, communicated from headquarters, that earnings have to go up with no volatility and great regularity.” —Charlie Munger
Links - 11/04/2024
“The history of much of which we don’t like in modern corporate capitalism comes from an unreasonable expectation, communicated from headquarters, that earnings have to go up with no volatility and great regularity.” —Charlie Munger