Legendary investor Howard Marks was skeptical about AI. What it said to him about Warren Buffett and Charlie Munger has left him shaken

The Oaktree cofounder asked Anthropic’s Claude to give him a tutorial. “I want to try to communicate [my] level of awe,” he ...

Quote of the day by Charlie Munger: 'In my whole life, I have known no wise people who didn't read…'

The quote highlights Munger's conviction that continuous, wide-ranging reading is the only path to true wisdom.
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Munger warned guru hype misleads. Here's the wealth plan he favored

Charlie Munger spent a lifetime warning that personality cults and "guru" worship are a dangerous shortcut in finance. Instead of chasing hot tips or charismatic stock pickers, he argued, ordinary ...

Quote of the day by Charlie Munger "One of the greatest ways to avoid trouble is to keep it simple." How Munger’s simple investing wisdom helped him dominate Wall Street for ...

Over ninety percent of active fund managers underperform the market over time. The Charlie Munger quote on keeping it simple explains why. Data from long-term stock market returns shows low-cost, long ...