Daily Journal Corporation 2017 Meeting

I know that there aren’t many people out there who want to watch a 2 hour long video of a shareholder meeting.  However, I think there is a lot to be said for trying to learn as much as I can from men and women who are much smarter than myself.  I would like to thank the youtube account Laixin Wei for posting this. (more…)

Use Structure and Strategy in Your Life

I know that title is a very, “duh” one, but hear me out.  Many of the greatest investors and inventors in life had to use structure and strategy in unique ways to accomplish what they wanted.  Whether it was developing a new business model, or planning out a way to give themselves financial freedom, history is filled with innovators who need to be studied.  (more…)

Charlie Munger’s Investment Partnership

For twelve years Charlie Munger’s investment partnership outperformed the broader stock indexes by double digits.  The history of the partnership began with Warren Buffett encouraging Charlie to start his own partnership.  Later on, Warren Buffett had this to say of Charlie Munger’s investment partnership in The Superinvestors of Graham and Doddsville, “Table 5 is the record of a friend of mine who is a Harvard Law graduate, who set up a major law firm. I ran into him in about 1960 and told him that law was fine as a hobby but he could do better. (more…)