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Notes from Charlie Munger's 2013 Daily Journal Shareholder Meeting

February 17, 2013 | About:
Charlie Munger Daily Journal 2013 Annual Meeting Notes

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Rating: 3.3/5 (4 votes)


Sjzhao2003 - 2 years ago
Many thanks for sharing!
Kfh227 premium member - 2 years ago
Thank You for this!
Tonyg34 - 2 years ago
ddid I understand this correctly? Li Lu was physically present at the DJCO stockholder meeting? Why would he need to be there unless he's asking Munger for more money?
Batbeer2 premium member - 2 years ago
>> Why would he need to be there unless he's asking Munger for more money?

Maybe Li Lu was there for the same reason CanadianValue was there. Also, I believe there's a fair chance Li Lu succeeds Munger on the board of DJCO at some point.

Think about it:

- Is it likely Munger has planned his succession?

- If so, was his successor likely to be in the room?

- Munger has been discussing his investments with Li Lu for some years now. Why?

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