They invested in opportunities that provided value for them, but this not the sa... | Hacker News

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paulpauper on Nov 28, 2023 | parent | context | favorite | on: Charlie Munger has died

They invested in opportunities that provided value for them, but this not the same as value investing. They got special deals on stocks unavailable to ordinary investors, like in 2008.

missedthecue on Nov 29, 2023 [–]

He was already very rich before he made that deal with Goldman. It didn't put him on the map, in fact it only happened because he was already there.

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