How to Handle a 50% Investment Loss - Lessons from Charlie Munger | DJ 2017 【C:C.M Ep.264】

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In this video, legendary investor Charlie Munger shares his experience of losing over half of his investment firm's value in 1973. Munger explains how he handled the situation and offers valuable advice on how to prepare for and deal with a 50% decline in investments. If you're an investor, this is a must-watch video with lessons that can help you navigate the ups and downs of the market.

YAPSS eBook | Collection: Charlie Munger Investing Advice, Life Advice & Others

Charlie Munger's Recommended Book List:

► Video Transcript & YAPSS Takeaway:
This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2017.

☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

YAPSS Playlist – Collection: Charlie Munger:

#YAPSS #CharlieMunger #DailyJournal

How to Handle a 50% Investment Loss - Lessons from Charlie Munger | DJ 2017 【C:C.M Ep.264】
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Amen. Tesla Investor here. Thank God I altlready experienced minor recessions otherwise a 70% would have totaly knocked me out of the market. Because that's not easy to see all your savings beeing evaporated. Munger is the best wisdom machine. I owe him a great deal.

adrianhochmann
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That guy sat next to Charlie did not look so thrilled about being there or what was being said. 😂

twyscape
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I had invested in Alibaba and now m sitting at a 50% loss, while m still comfortable holding it and would add more to this position..

nistalasuresh
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This is why there's always a cash stockpile, when things go awry, we're graceful and aplomb.

MrBoliao
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super channal i really like this content please put some animation like chart in this vedio

devasanthosh
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It’s krazy cause I’m here after being down 1.07 percent Down haha lost 1k and I felt like the world was crashing 😂😂😂 after this I’m back to investing in peace

newohreeoive