Charlie Munger: Turning $2 Million Into $2 Trillion

Posted by on March 25th, 2008 at 12:20am

â?? wrote an interesting post today on
Here’s a quick excerpt
During the past two weeks I have been “reverse engineering” some of Berkshire Hathaway’s investments (Coca-Cola in 1988, GEICO in 1976, Washington Post in 1973, Disney in 1965). In each case, the qualitative factors were so compelling that in-depth quantitative analysis would have been pointless. The following speech from Charlie Munger reveals how he gauges business quality. It is 1884 in Atlanta. You are brought, along with twenty others like you, before a rich and eccentric Atlanta citizen

Read the rest of this great post here

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