“... much of what is taught in modern corporate finance courses is twaddle.”

Source: 1996 Berkshire Hathaway Annual Meeting, YouTube video with quote at 2:41:46 of 4:54:01 in video https://www.youtube.com/watch?v=5YptOBQTb14

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Do you have more details about the quote "... much of what is taught in modern corporate finance courses is twaddle." by Charlie Munger?
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Charlie Munger 9
American business magnate, lawyer, investor, and philanthro… 1924

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