4 things Gen Z can learn from Charlie Munger
Some of us might not even have heard of the name Charlie Munger, but everyone is aware of the investment guru Warren Buffet. Munger is Buffett’s right-hand man and together they have experienced unparalleled success, building an investment firm with more than $880 billion in assets. The investment principle that brought them this remarkable success is known as value investing, a concept originally developed by Benjamin Graham. But why should young investors in their mid-twenties follow a long-term-oriented value investing strategy?
When I asked myself that question, being a 22-year-old, I first thought of incredible success stories like GameStop or Tesla and my willingness to take risks as my retirement is 45 years ahead. At the height…
