Chapter 4 Talk 6: Investment Practices of Leading Charitable Foundations
No se pudo agregar al carrito
Solo puedes tener X títulos en el carrito para realizar el pago.
Add to Cart failed.
Por favor prueba de nuevo más tarde
Error al Agregar a Lista de Deseos.
Por favor prueba de nuevo más tarde
Error al eliminar de la lista de deseos.
Por favor prueba de nuevo más tarde
Error al añadir a tu biblioteca
Por favor intenta de nuevo
Error al seguir el podcast
Intenta nuevamente
Error al dejar de seguir el podcast
Intenta nuevamente
Chapter 4 Talk 6: Investment Practices of Leading Charitable Foundations
-
Narrado por:
-
De:
Acerca de esta escucha
"Chapter 4 Talk 6: Investment Practices of Leading Charitable Foundations" argues that charitable foundations often make poor investment decisions due to excessive complexity and reliance on investment consultants. He criticizes the use of "fund of funds" structures, which he compares to the practices of Bernie Cornfeld, a disgraced mutual fund salesman. Munger suggests that foundations should consider adopting a more passive investment strategy, similar to that of Berkshire Hathaway, with a focus on long-term value creation and minimal investment turnover. He also emphasizes the importance of understanding the broader investment ecosystem and avoiding the pitfalls of overconfidence and excessive diversification.
Todavía no hay opiniones