Invest Quote by Charlie Munger
“I don't invest in what I don't understand. And I don't want to understand Facebook.”
About This Quote
Source Speech: Annual shareholder meeting, Berkshire Hathaway, 2018
Invest only in businesses you fully comprehend; avoid complex platforms like Facebook if they remain opaque.
In simple terms: Invest in what you understand.
Key Takeaway
Focus on clear, understandable investments.
Themes
finance
risk
knowledge
Mood
cautious
analytical
Type
financial
philosophical
When to use this quote
- stock selection
- technology skepticism
- personal finance
Key Concepts
value investing
cognitive bias
Questions to Reflect On
- What steps can you take to better understand a confusing investment?
- Is avoidance always better than learning?
A Different Perspective
Complex markets can be learned over time.
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