Liberty Posted July 15, 2011 Share Posted July 15, 2011 http://www.bloomberg.com/news/2011-07-15/corporate-america-to-miss-munger-as-mencken-commentary-by-alice-schroeder.html Link to comment Share on other sites More sharing options...
zarley Posted July 15, 2011 Share Posted July 15, 2011 Charlie will, indeed be missed. One nit to pick . . . Schroeder links the famous raisins and turds comment to internet stocks. I thought the context was about accounting rules. Link to comment Share on other sites More sharing options...
biaggio Posted July 15, 2011 Share Posted July 15, 2011 he will still be around brk/b just not at Wesco, no? Link to comment Share on other sites More sharing options...
dcollon Posted July 15, 2011 Share Posted July 15, 2011 It's hard to think about losing either one, but I'm not sure if I will miss Warren or Charlie more. Biaggio, yes he will still be at the Berkshire meetings hopefully for a long time to come. Link to comment Share on other sites More sharing options...
Guest Hester Posted July 15, 2011 Share Posted July 15, 2011 Charlie will, indeed be missed. One nit to pick . . . Schroeder links the famous raisins and turds comment to internet stocks. I thought the context was about accounting rules. I've heard/read Munger make this analogy probably a dozen times about a dozen different things. So it's probably about both at some point in time. Link to comment Share on other sites More sharing options...
Parsad Posted July 15, 2011 Share Posted July 15, 2011 No, I was there when it was asked. The question was about internet stocks, and after Warren gave a long-winded answer, he turned to Charlie and he said "When you mix raisins with turds, you still get the turds." We all went crazy in the Civic Auditorium. Although that answer still could be applied to a number of things. Cheers! Link to comment Share on other sites More sharing options...
zarley Posted July 15, 2011 Share Posted July 15, 2011 Hester/Parsad, thanks for clarifying on that. As you say Hester, it is applicable to many things; I may just be remembering an occasion other than the original comment. Link to comment Share on other sites More sharing options...
Guest ValueCarl Posted July 15, 2011 Share Posted July 15, 2011 Hats off to Alice Schroeder! She did a great job paying homage to Mr. Munger for the value he represents to all Capitalists walking planet earth. Link to comment Share on other sites More sharing options...
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