💰Warren Buffett & Charlie Munger on Risk and Volatility


Hey Reader,

Charlie Munger viewed market swings as opportunities, not threats. He dismissed volatility as risk, instead focusing on business quality and maintaining emotional discipline during market swings. He once said, "we don't give a damn about lumpy results."

In today's issue:

  • Warren Buffett and Charlie Munger's thoughts on risk and volatility. Important words in today's markets.
  • Howard Marks on tariffs and credit spreads
  • What is the strongest moat from Nick Sleep
  • Everything about the P/E ratio
  • Much more.....

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He spends time reading the financials, listening to earnings calls, analyzing the industry, valuing companies, and considering the potential downside.

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💎NUGGETS

My Favorite Finds

🎥 Warren Buffet and Charlie Munger on Risk and Volatility. Keep calm and carry on.

🎥 Howard Mark's views on credit yields and Trump tariffs. Always worth our time.

📖 What is the strongest moat? Arguably, scaled economies shared. Learn why Nick Sleep thinks so.

📖 Important lesson to learn, how not to invest.

📖 What would Ben Graham do in today's market from Vitaliy Katsenelson.

📖 Learn the differences between a moat and durability.


🔍Question of the Week


📖Knowledge Tidbits

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10:5 AM • Apr 1, 2025
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Dave Ahern
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Investing for Beginners Podcast


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