“An investment operation is one, which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” - Benjamin Graham
Tuesday, July 5, 2011
A Conversation With Charlie Munger
On July 1st Charlie Munger held his final Q&A with Wesco Shareholders and admirers. This is some of the best reading I've come across all year and I recommend all to read it.
