“Our investment style has been given a name - focus investing - which implies ten holdings, not one hundred or four hundred. The idea that it is hard to find good investments, so concentrate in a few, seems to me to be an obvious idea. But 98% of the investment world does not think this way. It's been good for us.”

— Charlie Munger

Poor Charlie's Almanack, p. 100

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Charlie Munger 9

American business magnate, lawyer, investor, and philanthro… 1924

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