How History’s Most Successful Investors Think About Wild Market Swings

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How History’s Most Successful Investors Think About Wild Market Swings
By Nick (Charlie Munger) [<a href="http://creativecommons.org/licenses/by/2.0">CC BY 2.0</a>], <a href="https://commons.wikimedia.org/wiki/File%3ACharlie_Munger.jpg">via Wikimedia Commons</a>


“If you’re not willing to react with equanimity to a market price decline of 50% two or three times a century, you’re not fit to be a common shareholder and you deserve the mediocre results you’re going to get”

H/T Dataroma

How History’s Most Successful Investors Think About Wild Market Swings

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