Tren Griffin @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Sep. 19, 2019 1 min read

Charlie Munger: "Everybody knows some companies are better than others. What makes it difficult is they sell at higher prices in relation to assets and earnings and so forth. If all you had to do was figure out which companies were better, any idiot could make a lot of money."

Howard Marks:

"It’s Not What You Buy, It’s What You Pay for It That Determines Whether Something Is a Good Investment."

"Bottom Line: there’s no such thing as a good or bad idea regardless of price!"

Howard Marks:

"I keep going back to what Charlie Munger said to me, which is none of this is easy, and anybody who thinks it is easy is stupid. It is just not easy. There are many layers to this, and you just have to think well.”

You can follow @trengriffin.


Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Threader is an independent project created by only two developers. The site gets 500,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Running this space is expensive and time consuming. If you find Threader useful, please consider supporting us to make it a sustainable project.