"For another considerable period, index investing is going to do better than active stock picking," Munger said at the meeting, which was webcast by CNBC.
Berkshire has performed better than average because "we've tried to do less," Munger said, though he expects even its stocks holdings will not return a blowout performance.
Munger offered repeated endorsements of investing in China, saying the country offers more opportunities than the United States, including BYD Co, a Ber...
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byd stock 在 How to purchase stocks/shares of BYD from Australia & the US 的推薦與評價
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