Munger and Buffett Don’t Care About Market Corrections, They Care About Buying Cheap

On the issue of prices vs timing.

Steven Yamada
Critical Investing
Published in
4 min readJan 23, 2022

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Charlie Munger (Nick Webb via Wikimedia Commons)

In the midst of a large market correction, Charlie Munger, the vice chairman of Berkshire Hathaway and Warren Buffett’s longtime friend, was asked how worried he was about declines in the share price of Berkshire. He replied,

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