“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
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Links - 11/04/2024
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“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