And if its unfixable, learn to live without it. Of course, we accomplished quite a bit working together. And then the previous 100 years, that got another big chunk of modernity. Because if you do that, Im a moral leper. What I see in China now just staggers me. Once again, the wit and wisdom of Charlie Munger was on full display at the deceptively youthful age of 97! And if you cant do that, youre not gonna win the great chess championships of the world and youre not gonna do as well in business as Henry Singleton did. Im not saying I wanted to live in China. 1/9/23. He was very amiable the way he talked about it. The only opinion I have there is that I dont think anybody knows whats going to happen for sure. Charlie Munger: I think Im alive because of a lucky genetic accident. A single vial can cost upwards of $300, meaning a monthly cost of $1,000. And another shareholder asked: Dear Mr. Munger, please share your thoughts on the recent /r/WallStreetBets GameStop short squeeze. Member Calendar, MOI Global is a wonderful way to expose yourself to the thoughts of some of the most successful investors and investment methods out there. divided by the total MV of the fund. I didnt get to where I am by going after mediocre opportunities. Sure, we all love the kind of civilization we have. It just created the most unholy mess. These actions have given some shareholders more visibility and comfort on their investment. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. The Daily Journal Corporation is an American publishing and technology company with hidden assets and off-balance sheet value. Type a symbol or company name. 50.0% of the portfolio companies But the accountants are duly elected. What do you think the long-term consequences will be? If you take the last 100 years, 1922 to 2022, most of modernity came in in that 100 years. In 1978, the year Deng Xiaoping took over, it was 300. What can we do to increase knowledge, understanding, and appreciation of the Chinese civilization? Daily Journal Corporation Announces Financial Results for the Six Months ended March 31.. Daily Journal : Announces New Chairman and CEO - Form 8-K. Daily Journal Corp : Change in Directors or Principal Officers, Financial Statements and E.. Daily Journal Corporation Announces New Chairman and CEO, Daily Journal : Fiscal Q1 Earnings Snapshot. In display advertising, for example, we now utilize a very friendly company that worked with us for 25 years and now they are helping us sell advertising. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. I cant help you. Costco I do think has one thing that Amazon does not. And we probably have more of those shortcuts than others. All the buses. Without the method of learning, youre like a one-legged man in an ass-kicking contest. He loved to kid people. Thats our system. It wasnt some malevolence of the rich that caused it. Could you please elaborate on the subject and could you consider giving a talk on this particular subject? And we pay huge taxes to a combination of the federal government and the state of California when we sell something. Charlie Munger: Well, it helps to be able to leave the IQ test early with the highest score. A lot of people assume that since England led the Industrial Revolution and had free speech early that free speech is required to have a booming economy as prescribed by Adam Smith. Daily Journal Corporation ( NASDAQ: DJCO) is a business and legal news and advertising editorial in California. On balance, we hold in certain of these position when, normally, we wouldnt buy a new position. John Lambert, First class in every way. I think the result would have been worse if either party had been in control all by itself for the whole period. And they dont do that very wellIm talking about the business schools.
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