Re:Charlie Munger has died
by bloodyplonker22 on Tuesday November 28, 2023 @04:38PM
(#38451664)
That is a good question. With Gen Z being trained to only be interested in get rich quick schemes and having a TikTok attention span, we may never see another great pure fundamentals investor for a long time.
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Re:Charlie Munger has died
by sfsylvester on Tuesday November 28, 2023 @04:46PM
(#38451748)
"The youth of today love luxury; they have bad manners, contempt for authority, disrespect for elders, and love talking" ~ Socrates, 432 BC.
The only older than elders writing off the youth is the youth proving them wrong. Let's hope some follow Charlie's quote instead: "If you've got anything you really want to do, don't wait until you're 93. Start now, and don't stop!"
This quote can't be attributed to Socrates. It's most likely from a satirical play: https://www.bartleby.com/lit-hub/respectfully-quoted/socrate...
You do realize that societies rise and fall, right? Greek culture was falling from its golden age around the time of that quote (regardless of who actually said or wrote it). Things would soon get so bad Plato recommended his disciples drop out of society into a sort of monasticism.
Re:Charlie Munger has died
by jeffreyrogers on Tuesday November 28, 2023 @05:18PM
(#38452196)
Gen Z has fat tails, it will produce both great investors and great traders of all types.