Charlie Munger Says The Secret Is To 'Find Costcos, Not Good Exits,' Saying His Wealth Came From Relentless Holding And Not Slick Sell Signals

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Charlie Munger Says The Secret Is To 'Find Costcos, Not Good Exits,' Saying His Wealth Came From Relentless Holding And Not Slick Sell Signals

benzinga.com/news/management/25/05/45248740/charlie-munger-says-the-secret-is-to-find-costcos-not-good-exits-saying-his-wealth-came-from-rele

Legendary investor Charlie Munger gave shareholders blunt advice when asked how he thinks about downside protection and selling stocks, back in 2019: "Find Costcos, not good exits."
What Happened: Munger, then vice‑chairman of Berkshire Hathaway, confessed he's "no good at exits." He…

This story appeared on benzinga.com, 2025-05-07 11:20:24.