Charlie Munger Quotes

'Crowd Folly', The Tendency Of Humans, Under Some Circumstances, To Resemble Lemmings, Explains Much Foolish Thinking Of Brilliant Men And Much Foolish Behavior - Like Investment Management Practices Of Many Foundations Represented Here Today. It Is Sad That Today Each Institutional Investor Apparently Fears Most Of All That Its Investment Practices Will Be Different From Practices Of The Rest Of The Crowd.

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