this article talks about a smart man named Charlie Munger who said we should not invest in things we do not understand. He was talking about a big company called Facebook which was started by a young man named Mark Zuckerberg. Another smart man agrees with Charlie Munger and says we should learn about things first before we invest in them. This is important because it helps people make wise decisions with their money. Read from source...

Charlie Munger, the late chairman of Berkshire Hathaway, once said, “I don’t invest in what I don’t understand,” referring to Mark Zuckerberg’s Facebook. Munger and Warren Buffett chose not to invest in the IPO of Facebook either for their Berkshire Hathaway portfolio or personally. The idea of investing in an IPO being the best investment among thousands of options is “mathematically impossible.” Munger's investment principles are patience, discipline, and avoiding mediocre opportunities. Zuckerberg’s Meta is currently the seventh richest company in the world.

Positive

The article revolves around the idea of learning and understanding before investing. Charlie Munger, Warren Buffet, and other financial experts shared the importance of understanding the company or the market before making investments. This shows that investors focus on gaining knowledge and skills before investing. This makes the overall sentiment of the article positive as it highlights the importance of learning and growing in the world of finance and investing.

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