top of page
THE ONLY NEWS SOURCE THAT ISN'T BIAS
investing is more phycological than you think!
"Always take the high road it's far less crowded," Charlie Munger said. He also said “When any guy offers you a chance to earn lots of money without risk, don’t listen to the rest of his sentence. Follow this, and you’ll save yourself a lot of misery.” When investing, the one's who sticks to their strategy even when it goes against the crowd tends to succeed.
What strategy does crazy cash use?
Another Charlie Munger quote that sums up our strategy is, "A great business at a fair price is superior to a fair business at a great price." We sleep much easier at night with less volatile stocks that have good fundamentals and are also undervalued. It is understandable to take this stance when you consider the fact we are long term investing, Rome wasn't built in one day!
"I have my favorite crazies, and you have your favorite crazies, and we get together and all become crazier as we hire people to tell us what we want to hear. This is no substitute for Walter Cronkite and all those great newspapers of yesteryear. We have suffered a huge loss here. It’s nobody’s fault. It’s the creative destruction of capitalism, but it’s a terrible thing that’s happened to our country."
- Charlie Munger
bottom of page