Here is a clip of an interview that Charlie Munger had with the BBC back in 2009. Charlie Munger is a value investor that has been long time partners with Warren Buffett at Berkshire Hathaway. The checklist is made of four actions.
- Circle of Competence
- Assessing the Moat
- Management
- Margin of Safety
I am releasing a follow up to this clip of Charlie Munger's Investing Checklist giving a visual explanation of what he says. For those of you that watch the video it will be obvious to see that he says everything so plainly because he is a master at investing and to him it is simple.
I'd like to thank Phil Towns for mentioning this clip in his podcast InvestED, which I highly recommend for anyone that wants to learn value investing in a podcast format. Phil Towns is a value investor that emulates Warren Buffett and Charlie Munger with his own variations as he is a leading author for teaching investing.
Thanks for reading, if you found this interesting please follow me so you can easily find my explanation.