Education A Deep Look Into Charlie Mungers Portfolio

Discussion in 'Share Investing Strategies, Theories & Education' started by oracle, 13th Nov, 2019.

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  1. oracle

    oracle Well-Known Member

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    Enjoyed it..thought might share :D.

    Below is Costco price only chart. Compounding at over 14.4% over past 37 years. No wonder he loves it.

    Screen Shot 2019-11-13 at 11.01.03 pm.png


    Most interesting is his portfolio for the Daily Journal. I am sure his following comment "The banking industry has been a gold mine" would bring a big smile to investors heavily invested in Big 4 banks here :D

    Cheers,
    Oracle.
     
    Last edited: 13th Nov, 2019
  2. sharon

    sharon Well-Known Member

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    Brisbane
    @oracle - thank you for posting. I also enjoyed it.
     
    oracle likes this.
  3. Lacrim

    Lacrim Well-Known Member

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    If I had to liken his portfolio to the kind of stocks you'd hold in the ASX, I'd say:

    • one or two of the older LICs
    • CBA and maybe ANZ and NAB
    • Woolies/Coles
    • maybe VGS or similar but with an Asian slant
     

The shift to the regions has been quite profound with Millennials and Gen X leading the way. It seems affordability, lifestyle, and working from home have been the key drivers from which these generations have been able to take most advantage.