In this episode, Charlie Munger was asked to give advice for a 22 year old on whether to invest in dividend stock or growth stock?
Video Transcript & YAPSS Takeaway:
Full Video:
This is Daily Journal Annual Meeting with Charlie Munger on February 16, 2022.
YAPSS Best Videos of Charlie Munger:
★★Investment Advice★★
★ Charlie Munger on What are the Traits of Good Investors?
★ Charlie Munger advice for the Seekers of Compound Interest.
★ Charlie Munger on his Investment Philosophy.
★★Life Advice★★
★ How Charlie Munger use Inversion Thinking Process in life.
★ Charlie Munger advice to young people.
★ Charlie Munger on Mistakes to Avoid in Life.
★ Charlie Munger: What Happens when Psychological Tendencies combine?
★ Charlie Munger: "By and Large, The People Who Have This Ethos Win In Life."
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★ Charlie Munger: Tricks to Achieve Financial Success.
★ Charlie Munger: How to Get Through Tough Times.
YAPSS Playlist – Collection: Charlie Munger:
#YAPSS #CharlieMunger #BeckyQuick #DailyJournal
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Indeed it is going to be harder to get decent returns.
Definitely going into a time of confusion and indeed will be harder to get better returns. But, if it were easy, everyone would be doing it. Stay optimistic and work hard, be patient and the rewards will come. Enjoy the process of investing and finding mispricings in the market, now could be the very best time to do so given the rise in interest rates 🙂