Billionaire Charlie Munger Said 'Damn Right' I Am Rich Owning 3 Stocks—Because 'Hell, One Will Suffice' If You're Not A 'Know-Nothing Investor'

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Berkshire Hathaway's Charlie Munger emphasizes the simplicity of wealth creation by focusing on a few high-quality stocks, citing his own portfolio consisting of Berkshire, Costco, and Li Lu's Fund.

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Market impact analysis based on bullish sentiment with 90% confidence.

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Bullish
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90%
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قصير الأجل

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Charlie Munger didn't need 50 stocks, a team of analysts, or a color-coded pie chart to feel rich. He needed three picks—and maybe not even that many. At the 2017 Daily Journal annual meeting, Munger laid it out with signature bluntness: "The Mungers have three stocks. We have a block of Berkshire, we have a block of Costco, we have a block of Li Lu's Fund, and the rest is dribs and drabs." Then he posed the question himself: "So am I comfortable? Am I securely rich? You're damn right I am." Whi

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المقال الأصلي منشور بواسطة Yahoo Finance في يناير 27, 2026.
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