common shareholder
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 2, 2024 by David Senra · across every show →
Everything said about common shareholder, oldest first
Mar 2, 2024
Senra quotes Munger: Investors intolerant of 50% drawdowns get mediocre returns
“If you're not willing to rack with equanimity to market price decline at 50% two or three times a century, you're not fit to be a common shareholder, and you deserve the mediocre result you're going to get compared with the people who do have the temperament, …”