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Benzinga
Benzinga
Business
Ananya Gairola

Charlie Munger Once Explained Why He And Warren Buffett Refuse To Short Stocks — And It Started With Latter's Tendency To Invest In 'Lousy Companies'

Charlie Munger Warren Buffett BRK Berkshire Hathaway Berkshire See CocaCola
Charlie Munger On Choosing The Right Associates

Charlie Munger once revealed that Berkshire Hathaway's (NYSE:BRK) (NYSE:BRK)long-standing aversion to shorting stocks came from Warren Buffett's early experience investing in what he called "lousy companies" — and from a shared belief that investing should be both profitable and pleasant.

From Cigar Butts To Quality Businesses

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