Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’

If the coronavirus lockdown has actually frozen your investing plans, you remain in excellent company. Charlie Munger is watching and waiting, too.

Mr. Munger, vice chairman of Berkshire Hathaway Inc. and Warren Buffett’s long time business partner, likes to state that one of the keys to fantastic investing results is “resting on your ass.” That suggests doing nothing the vast bulk of the time, but purchasing with “aggressiveness” when deals are plentiful.

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