First of all, personally, I feel that investing is really a deeply personal endeavour. There is really no right and wrong, and it is highlighted dependent on your own personal character and situations. In my previous post, I discussed the predictions by Michael Burry. In this post, let’s think about Charlie Munger. Charlie Munger together with Warren Buffet, are probably the best know investors around. Charlie is 98 years old and has a net worth of around USD 2.2 billion. Charlie Munger and Michael Burry are in my opinion, great investors. They have very different styles of investing, and both are extremely difficult for small retail investors (like me) to emulate (in that sense they are similar). Michael is able to make profits in good and bad times and has a good track record of beating the S&P 500. In good times, he is long quality stocks and...