Currents Quote by Charlie Munger

Berkshireis not as good as it was in terms of percentage compounding [going forward], but it's still a hell of a business.

— Charlie Munger

Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one…

— Charlie Munger

Berkshire has the lowest turnover of any major company in the U.S.The Walton family owns more of Wal-Mart than Buffett owns of Berkshire, so…

— Charlie Munger

Berkshireis in the business of making easy predictions If a deal looks too hard, the partners simply shelve it.

— Charlie Munger

Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to…

— Warren Buffett

I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve really made the money…

— Charlie Munger

Wesco had a market capitalization of $40 million when we bought it [in the early 1970s]. It's $2 billion now. It's been a long…

— Charlie Munger

By setting up Berkshire Hathaway, Warren has done everything very rationally.

— Walter Schloss

Size will hurt returns. Look at Berkshire Hathaway - the last five things Warren has done have generated returns that are splendid by historical…

— Charlie Munger

The Berkshire-style investors tend to be less diversified than other people. The academics have done a terrible disservice to intelligent investors by glorifying the…

— Charlie Munger

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year…

— Warren Buffett

“Berkshire Hathaway Public Holdings April 4, 2012 Company Holding Value Stake The Coca-Cola Company (KO) $14.69 billion 8.8% International Business Machines (IBM) $13.17 billion…

— David Andrews