charlie munger

The Untold Pitfalls of Portfolio Diversification

The Untold Pitfalls of Portfolio Diversification

If you want to preserve your wealth … diversify. Spread your money among 20 to 30 stocks or better yet, buy an index fund. This way, no one stock will sink your portfolio. But keep in mind, you won’t make outstanding returns. And the reason is simple: You can’t...
Why Tesla’s EV Batteries and Clean Energy Aren’t So Clean

Why Tesla’s EV Batteries and Clean Energy Aren’t So Clean

When I found out how the battery for my Tesla was made … I nearly fell off my chair. I’d been told electric vehicles (EVs) like mine were “zero emissions” vehicles … and they were great for the environment. But after some research, I realized I was hoodwinked. Clean...