Over the years, Charlie Munger’s punchy, honest and wise viewpoints came to be known as Mungerisms. In tribute, we’ve commented on a few of our favourites.
How quality and value based investing seeks a balance between long-term growth and managing the risk of capital loss.
How margins of safety increase conviction even when we don’t have all the pieces of the puzzle.
Confidence in the Fed is high, but we focus on portfolio risk management just in case things aren’t as rosy as the market expects.
The QV equity strategies produced excellent results in the year; not only on an absolute basis, but also outperforming their respective benchmarks.
Over a year has passed since the bottom of the pandemic-induced global bear market. Financial markets continued to focus on the light at the end of the tunnel.