— Charlie Munger
“There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash – and I don’t want to go back.”
In this Issue:
- Our Investment Outlook
- Is Warren Buffett Hoarding Cash?
- Cheerleader No More
- Cheviot’s Graphical Interlude
- Say it Ain’t So, Janet!
- Credits and Disclosures