Charlie Munger quote

If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change.
Charlie Munger

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Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition
Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition
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