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Buffett and Munger's strategy to survive a 50% market drop
When markets are soaring, it is easy to forget that stocks can fall 50% and stay there long enough to test anyone's nerve.
Charlie Munger, who died in 2023 at the age of 99, had a 50% drop rule that reveals why most investors fail to build wealth.
Charlie Munger and Warren Buffett have long been celebrated for their investment prowess, often outperforming the S&P 500 by adhering to a straightforward yet powerful strategy. This approach ...
Warren Buffett doesn't believe in simply buying stocks. Here's how a book changed his investment philosophy and long-term ...
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