Anyone who doesn't believe Charlie Munger should decide when and how the US economy re-opens instead of a committee of any kind is a damn fool. Don't @ me on this. You know it is true.
If Yahoo Finance doesn't find a way to get Charlie Munger on a livestream at the Berkshire annual meeting on May 2, 2020 it will be a massive lost opportunity. We need answers on when and how to reopen the economy. The Munger signal will be out until then! https://finance.yahoo.com/brklivestream/
25iQuiz: Would it be wise to have someone making decisions about how and when to reopen the US economy to have served, for example, as chairman of the board of trustees at Good Samaritan Hospital in LA for more than 30 years?
Rational? Circle of competence? Margin of safety?
4/ Munger knows that not making decision would be a decision. The "too hard pile" isn't an option.
"The right way to think is how Zeckhauser plays bridge. It's just that simple." Charlie Munger
The decisions should be made by an investor, not a trader. http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.217.8215&rep=rep1&type=pdf …
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