Everyone wants to be rich and successful, but the fact of the matter is very few people can be rich and successful. The best investors, like the best movie stars, authors, and politicians, are the 1% of the 1%. The other 99.99% of the world has to be content with being average. After all, if everyone were rich, the average would be skewed to the high end, and being rich would no longer put you above average. As Charlie Munger once put it, the iron rule in life is the fact only 20% of the world’s population can be in…
Munger: Be Content With Being Average To Be Happy
Rupert Hargreaves
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
