Quote Originally Posted by kiora View Post
https://finance.yahoo.com/news/munge...152046657.html
Munger on diversification
"if you have 4 good investments that's enough,20 then you're likely to have egg in your beer"
BH never tries to "time the market", tries to be 100% invested.
"People driven by envy not greed"
Yep I saw Munger's Daily Mail AGM. Not surprisingly the whole investment community, particularly the financial advisors, don't give a rats ass what he has to say. Like he's said recently, "When you get to be my age, you get to the ability to say anything" - meaning as insulting as it can be.