A couple of years ago, Charlie Munger and Li Lu co-appeared in an interview in one of China's top finance magazines. As is the case with all of Munger's interviews and appearances, the interview contained some highly valuable insights and intelligent thoughts on life, investing, and psychology.
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The interview was conducted in Chinese, but Munger answered in English.
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He was asked for his thoughts on how professional investors should set up the right investment philosophy. The interviewer noted a Chinese...
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