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Munger’s Investment Strategy
On Lauren Templeton’s podcast, Monsoon Pabrai says she is a Munger type investor.
She explains how Munger himself describes his investment strategy and how he compares it to Graham’s cigar butt strategy.
Graham will go into a candy store and buy… the cheapest candy he see’s on the first day.
Munger however goes into the store and finds his favorite piece of candy and will come back each and every day until the price is one he is comfortable with.
Is this Monish Pabrai's daughter? I dont see why she is a guru.... Zero track record. Monish's portfolio has been horrific as well.... Big on marketing small on returns. Thats the problem with this industry...lots of marketing fluff and poor investment accumen.
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