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The people he talks to are CEOs of architecture and engineering firms and university chancellors. If you think those are yes-men, I have more news for you. He's
by Judbudhud 5y ago
The people he talks to are CEOs of architecture and engineering firms and university chancellors. If you think those are yes-men, I have more news for you. He's an investor. He doesn't have employees. He may have a few assistants but that's typical of any high-level (or even mid) professional. The yes-men bit about Munger is the last thing I would associate with Munger.
- klyrs 5y agoWeird take. The distinction you make between investor and manager completely ignores the context: he invests in yes-men, and doesn't invest in people who he deems idiots because they disagree with him. The common feature of 'manager' and 'investor' is that they have power.
- Seanambers 5y agoHe invests in yes men? I must admit I probably don't know much about Charlie and Warren but if anything they seem to be bullshit detectors. If he did invest in yes men, he would be broke, because they say yes all the time.
- Judbudhud 5y agoPlease name the yes-men. From which companies? Berkshire has a list of companies in its annual reports so I'm assuming you obviously can name the yes-men from your extensive research on Charlie Munger. This would be breaking news in the investment world and something that Warren Buffett doesn't know about.
- klyrs 5y agoI got one for ya. The chump building a prison-like dorm for $1.2B dollars with significant strings attached and only $200M in sugar.