Charlie Munger talks "investing filters"

[ingelaaaaaa]

This old man is so overrated.

[yipster0290]

If you like Charlie Munger thats OK with me, Remember Economics is not a academic discipline it is a social science influenced by both LawCap and FinCap.

The command and control of the economic system has led us to where we are today. Munger is a partner with Buffet they have been the beneficiaries of their lobbying efforts and at the same time have laundered ill gotten gains from the Drug Cartels in Mexico through their subsidiary Wachovia Bank, I would encourage you to research that.

[joejoe4812]

too simple. exactly . but who's intelligent and honest enough to understand it's power? VERY VERY, FEW.

[yipster0290]

@joejoe4812 Actually, people with their money in the Market are the ones who are doomed!

[joejoe4812]

@yipster0290 not if you know whats really going on. Only the ones with little knowledge about this subject are doomed. That doesn't mean what this guy is says is BS he is trying to bring honesty in ecomonics. BIG DIFFERENCE.

[Veilside1000HP]

@yipster0290 Does that mean most of the Billionaires are doomed because they have most of their wealth in the stock market??? What you say doesn't make too must sense.

[yipster0290]

What A BS Artist!!

[joejoe4812]

@yipster0290 you're doomed.

[ibreakkidslegs]

1, 2, 3, 5... somebody didn't watch sesame street growing up

[82snowball]

@ibreakkidslegs giggles

[prass7]

The four filters of Value Investing are;

1. Should be able to understand the business

2. Should have Moat - Competitive Advantage

3. Capable Management

4. Bargain Price - Margin of Safety

[1Grosvenor3]

@prass7 why repeat what is being said in the video?

[82snowball]

@prass7 thanks know I don't need to watch the video