Share this sentence
— Charlie Munger"Wesco had a market capitalization of $40 million when we bought it [in the early 1970s]. It's $2 billion now. It's been a long slog to a perfectly respectable outcome - not as good as Berkshire Hathaway or Microsoft, but there's always someone in life who's done better."
Related information
Discover more quotes
Previous Quote
It took us months of buying all the Coke stock we could to accumulate $1 billion worth - equal to 7% of the company. It's very hard to accumulate major positions.
— Charlie Munger
Next Quote
Even a billion people is too much. There's no way back to the simplicity we once knew, but there may be a way forward to the simplicity that we once knew.
— Terence McKenna
Loading recommended content...