Charlie Munger on the Ideal Investment: Good Business, Good Management, and Good P/E

Charlie Munger opines on what makes a good business investment: Good Business and Good Management are key factors but Good Business trumps Good Management. And a lot of quality stocks can be in the range of 25-35 P/E or even higher which can make investing in them risky.

Charlie Munger and Warren Buffett - Recommended Book Lists
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Charles Thomas Munger is a wise, perspicacious American billionaire investor, businessman, and lawyer who gets to the core of complex matters in seconds. He cuts to the chase, and often which his unique sense of humor. He is the Vice-Chairman of Berkshire Hathaway and business partner of Warren Buffett. Their friendship is legendary and worthy of emulation.

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