Business Quote by Charlie Munger
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“Berkshireis not as good as it was in terms of percentage compounding [going forward], but it's still a hell of a business.”
About This Quote
Source Interview: Berkshire Hathaway Annual Meeting, 2020
The business remains strong despite lower percentage returns; its intrinsic value and durability persist.
In simple terms: Business still strong despite lower returns.
Key Takeaway
Focus on long‑term value, not short‑term percentages.
Themes
investment
value
durability
Mood
analytical
pragmatic
Type
financial
philosophical
When to use this quote
- stock analysis
- portfolio planning
- financial advising
Key Concepts
compound growth
business fundamentals
risk management
Questions to Reflect On
- What metrics truly reflect a business’s health?
- How do you assess long‑term sustainability?
A Different Perspective
May ignore changing market dynamics.
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