A simple three-step framework from one of the most successful investors you’ve never heard of (from Kyle Grieve via X)…

Pulak Prasad has soundly beat the majority of the investing competition since 2007, generating 19.1% returns annually. His high-quality portfolio is full of multi-baggers. Here is a short list of a few of his multi-baggers over the years. Now, the framework: 1.  Avoid big risks. 2.  Buy high-quality at a fair price. 3.
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A rare letter from Warren Buffett many investors have never read (from Kingswell)…

At times, it can feel like everything that Warren Buffett has ever said or written has already been picked apart and examined from every conceivable angle. Buffett’s annual letters – nearly 70 years’ worth – remain must-reads for investors of all skill levels, while his old interviews and Q&A sessions rack up mind-boggling engagement numbers
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Berkshire Hathaway Vice Chair Charlie Munger passed away late last month at the age of 99. Here’s a remarkable story of some of the adversities he overcame to become one of the most successful investors in history (from Kevin G. via X)…

In 1949, Charlie Munger was 25 years old. He was hired at the law firm of Wright & Garrett for $3,300 per year, or $29,851 in inflation-adjusted dollars as of 2010. He had $1,500 in savings, equal to $13,570 now. A few years later, in 1953, Charlie was 29 years old when he and his
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Here’s a summary of 12 of Charlie Munger’s most important insights on life and investing (from Compounding Quality via X)…

Charlie Munger’s wisdom will continue to spread forever. He is a big inspiration and role model for many investors. Here are 12 insights from Charlie himself: 1. Understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things.  2. In my whole adult
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Worldly Wisdom From a Great Investor

This holiday weekend, we’re honoring one of the all-time investing greats by re-publishing a slightly condensed version of a speech Charlie Munger gave at the University of Southern California Marshall School of Business in 1994 – along with commentary from our own expert team.
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