Reporting by Wyatt Russo, CFA
“The big money is not in the buying and the selling but in the waiting” – Charlie Munger


2 Culbertson, J.M. “Friedman on the Lag in Effect of Monetary Policy.” Friedman on the Lag in Effect of Monetary Policy, The University of Chicago Press Journals, www.journals.uchicago.edu/doi/pdf/10.1086/258396#:~:text=Friedman’s argument on the policy,the lag is rather variable. Accessed 30 Sept. 2024.
3 LaMonicMonica, Mark. “The Wisdom of Charlie Munger.” Morningstar Australia, 27 Mar. 2024, www.morningstar.com.au/insights/personal-finance/243253/the-wisdom-of-charlie-munger.
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