Attitude towards investing > your investing approach

Posted Leave a commentPosted in Charles T Munger, Learnings from the Giants, Warren Buffett

One thing that never stops surprising an experienced investor has to do with divergent perspectives which people operate within the markets. And this is despite the fact that all of these participants have one common objective – to earn adequate returns while minimizing the risks, overtime. There are believers of ‘technicals’ who earn money through […]

Strong but questionable form of competitive advantage

Posted Leave a commentPosted in Business Analysis, Charles T Munger, Learnings from the Giants

Charlie Munger in one of his speeches described a test he has performed at a number of US schools – I have posed at two different business schools the following problem. I say, “You have studied supply and demand curves. You have learned that when you raise the price, ordinarily the volume you can sell […]