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Charlie Munger: The Surprising Trait Behind True Success #trading #investing
GuruFocus· 2025-08-04 10:01
Personal Development & Learning - Continuous learning is crucial for long-term success, regardless of initial intelligence or diligence [1] - Developing a habit of learning and gaining wisdom daily provides significant advantages over time [1]
The Learning Habit That Made Berkshire Hathaway Great
GuruFocus· 2025-08-01 21:28
Investment Philosophy & Company Strategy - Berkshire Hathaway is considered one of the best corporations globally, with a remarkable long-term investment record [1] - Continuous learning is crucial for Berkshire Hathaway's success, especially for navigating changing market conditions [1] - Warren Buffett's ability to learn and adapt was essential for Berkshire Hathaway's achievements over the decades [1]
Charlie Munger on the Habit That Creates Success
GuruFocus· 2025-08-01 21:26
And this may remind you of Conusious too is that wisdom acquisition was a moral duty. It's not something you do just to advance in life. Wisdom acquisition is a moral duty and and there's a correlary to that proposition which is very important.It means that you're hooked for lifetime learning. And without lifetime learning, you people are not going to do very well. You are not going to get very far in life based on what you already know. You're going to advance in life by what you're going to learn after yo ...
Charlie Munger: Why Only People Like THIS Succeed #trading #investing
GuruFocus· 2025-08-01 20:49
Core Values & Ethics - A strong ethos, characterized by integrity and trustworthiness, is crucial for success in law and other professions [1] - Earning deserved trust brings significant personal satisfaction [1] - The key to gaining trust is to provide the same level of service or product that one would expect if they were the customer [1]
Beyond Money: Charlie Munger's Blueprint for a Fulfilling Life
GuruFocus· 2025-08-01 10:01
Core Principles for Success - The safest way to get what you want is to deserve what you want, aligning with the golden rule of delivering value [1] - Deserved trust brings immense pleasure and is earned by providing the value you would seek if in the other party's position [2][3] - Wisdom acquisition is a moral duty, necessitating a commitment to lifetime learning for continuous advancement [3][4] - Continuous learning is crucial for long-term success, exemplified by Berkshire Hathaway's evolution and Warren Buffett's dedication to learning [5][8] - Developing the method of learning is as essential for personal progress as inventing the method of invention is for civilization's advancement [7] Avoiding Pitfalls - Self-serving bias can be detrimental, leading to overspending and other negative behaviors [9] - Envy, resentment, revenge, and self-pity are disastrous thought patterns to avoid, with self-pity potentially leading to paranoia [10] - Working under people you don't admire is dangerous due to the influence of authority figures [10][11] Strategies for Advancement - Seek to work under people you admire to improve outcomes and satisfaction [11][12] - Focus on continuous self-improvement and learning to become wiser each day [6]
All-in-One Screener: Best Filters for International Companies
GuruFocus· 2025-07-22 19:50
Dr. Charlie Tian Explains the All-in-One Screener Tool With International Filters ...
Chinese Tech Giants: Alibaba, Baidu, & JD - Buy or Bail?
GuruFocus· 2025-07-22 19:50
Dr. Charlie Tian Compares and Evaluates 3 Top Tech Companies ...
Buying Stocks in India: Is It a Good Buy Right Now?
GuruFocus· 2025-07-17 15:24
Market Overview & Investment Opportunities - Indian market has performed very well over the last 20 years, with tremendous market returns, suggesting potential investment opportunities [1][3] - There are 16 stocks of companies headquartered in India but traded in the US [1] - These companies exhibit tremendous growth in their business performance charts, specifically in profit (net income) and revenue [1][2] Risks & Considerations - Emerging markets, like India, require careful consideration, especially regarding companies' financial strength and profitability [2] - Competition in the Indian market is fierce, similar to China, with companies aggressively pursuing market share [2][3] - It's crucial to study the sustainability of growth due to intense competition [2]
Taiwan Semiconductor (TSMC): Stock Analysis & Outlook
GuruFocus· 2025-07-17 15:23
Company Overview & Market Position - Taiwan Semiconductor (TSM) is a leading company in its field [1] - The company's market capitalization is $1.2 trillion [1] - TSM's market cap is only behind Microsoft, Google, Nvidia, Facebook, and Berkshire Hathaway [2] - The company contributes significantly to technological advancements [2] Momentum & Growth - Momentum is a factor that can affect stock performance, which is why it's included in the GF Score [3] - TSM has good momentum, with its momentum increasing over the last three to six months [3] - The company still exhibits good growth [3] GF Score - Momentum score is used for JF score J score rank calculation with a relatively small weighting factor [3] - Value investors don't pay much attention to momentum [3] - Momentum score should not prevent investment if valuation and quality are good [3]
What’s New on GuruFocus: Complete Guide and Demo
GuruFocus· 2025-07-16 22:04
Government Debt - US debt to GDP ratio is approximately 121%, with about 36 trillion USD of debt and a GDP of about 30 trillion USD [1] - US debt to GDP ratio is among the highest, second only to Japan's 240% [2] - US national debt is considered a significant problem for the market's future [3] - The debt to GDP ratio has doubled since the 1990s, when it was around 60-66% [3] Gold and Silver Ratio - The current gold to silver ratio is about 91, while historically it averages around 60 [3][4] - Gold prices have increased by approximately 30% this year [5] US Dollar and Platinum - The US dollar has declined by about 12% in the first six months of the year, marking one of the biggest declines since 1973 [5] - Platinum prices are currently less than half the price of gold, despite recent increases [6] - Platinum may be an option for diversifying out of stocks or other assets [6]