For the last year and a half, the market averages have been unexciting. The most recent activity shows most stocks are staying flat or slightly sinking while primarily seven stocks carry the averages up. The excitement for technology, especially around AI, is running at a high pitch.
Charlie Munger is a colorful guy. Most think of him as Warren Buffett’s sidekick who makes pithy comments during Berkshire Hathaway’s annual meeting. But Munger brings so much more to the table. His thoughts are a primary driver for Buffett’s success.