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CanadianValue
CanadianValue
Articles (4624) 

Notes from Charlie Munger's 2013 Daily Journal Shareholder Meeting

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



Found via: http://www.cornerofberkshireandfairfax.ca/forum/index.php

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.3/5 (4 votes)

Comments

sjzhao2003
Sjzhao2003 - 3 years ago    Report SPAM
Many thanks for sharing!
kfh227
Kfh227 - 3 years ago    Report SPAM
Thank You for this!
tonyg34
Tonyg34 - 3 years ago    Report SPAM
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
Batbeer2 premium member - 3 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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