Links - 6/2/2020

From the Berkshire Hathaway Annual Meeting in 2010 [my emphasis]:

Charlie Munger: With the municipal bonds, I would try and invest in places that were both prosperous and disciplined. You want to invest in the prosperous, because Ben Franklin was right when he said, “It’s hard for an empty sack to stand upright.” And you want to invest in the disciplined…