3 ms·
You‘re points are fair. What I respect about Buffett and Munger is that they seem to do the best they can with the money they have made. They could have bought
by huijzer 3y ago
You‘re points are fair. What I respect about Buffett and Munger is that they seem to do the best they can with the money they have made. They could have bought multiple yaughts, but instead spend their time reading and trying to make the world a better place. Munger, for example, has bought a ranch and donated it to a university so that students have cheap living for the next 100 years [1]. As far as I know, he doesn’t brag about this. Also, what I respect about Munger is that he was a flawed human, but he clearly did his best, pointed out fraud when he saw it, and didn’t spend his money on look-at-me-now purchases.
[1]: https://www.independent.com/2018/12/12/ucsb-gifted-las-varas-ranch/?amp=1 https://www.independent.com/2018/12/12/ucsb-gifted-las-varas...