Charlie Munger: “You’ll Be Happier If You Reduce Your Expectations”

At this year's Daily Journal annual meeting of shareholders, the company's chairman, Charlie Munger, took questions from the audience for two hours.

Q4 2019 hedge fund letters, conferences and more

He took questions covering a range of topics, including negative interest rates, bitcoin, and artificial intelligence. The audience also tried to get the billionaire's thoughts on the current investment environment and his advice on how to get ahead in finance.

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Charlie Munger: "You'll Be Happier If You Reduce Your Expectations"

For example, an undergraduate student at UCLA asked Munger...