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by klyrs 1682 days ago
Weird take. The distinction you make between investor and manager completely ignores the context: he invests in yes-men, and doesn't invest in people who he deems idiots because they disagree with him. The common feature of 'manager' and 'investor' is that they have power.
2 comments

Please name the yes-men. From which companies? Berkshire has a list of companies in its annual reports so I'm assuming you obviously can name the yes-men from your extensive research on Charlie Munger. This would be breaking news in the investment world and something that Warren Buffett doesn't know about.
I got one for ya. The chump building a prison-like dorm for $1.2B dollars with significant strings attached and only $200M in sugar.
He invests in yes men? I must admit I probably don't know much about Charlie and Warren but if anything they seem to be bullshit detectors.

If he did invest in yes men, he would be broke, because they say yes all the time.