Charlie Munger: This Is How Fund Managers Should NOT Behave

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Rupert Hargreaves
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In October 1998, Charlie Munger gave a speech to the Foundation Financial Officers Group at Miramar Sheraton Hotel, Santa Monica, California. Q4 2019 hedge fund letters, conferences and more For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. In the talk, the billionaire investor proclaimed that he believes charitable foundations should serve as societal exemplars. They should avoid reckless behavior and invest their trustees’ money in the most responsible ways, he added. Munger’s advice for foundations According to the speech, which was later published in his unofficial biography, Poor Charlie’s…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk