Quote of the day by Charlie Munger: ‘Big money not in buying and selling, but…’

Charles Thomas Munger, co-founder of Berkshire Hathaway alongside Warren Buffett, has built a following of his own among investors. The late billionaire left behind a treasure trove of tried and tested investing advice over the years and even Buffett (95), known as ‘The Oracle of Omaha’ for his impeccable investment decisions over the years, credits Munger for a key principle on avoiding major mistakes: “Really good investment opportunities aren't going to come along too often and won't last too long, so yo ...