Charlie Munger Quotes About Portfolios
We have collected for you the TOP of Charlie Munger's best quotes about Portfolios! Here are collected all the quotes about Portfolios starting from the birthday of the Business person – January 1, 1924! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 2 sayings of Charlie Munger about Portfolios. We will be happy if you share our collection of quotes with your friends on social networks!
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Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine.
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Beta and modern portfolio theory and the like - none of it makes any sense to me.
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