The old guard…
These are the men (and women) who helped create the strategies and systems that we use in trying to bend the market to our wills.
You know a lot of the names – Peter Lynch, George Soros, John Neff and Warren Buffet…
But there are a few that often get left by the wayside.
People whose contributions matter – but tend not to make the headlines because they’re too shy or just not charismatic. Regardless, a lot of these people are still going strong, well into their 80’s and 90’s which begs the question…
Can we still trust their judgment about which way the market is heading? Or has the Digital Age brought too many advances and left their antiquated methods back in the 20th Century?
The answer may surprise you…
So why are we talking about the old guard?
Well, because these people still make waves in the world of investing – especially Warren Buffet, George Soros and Peter Lynch…
And while these guys have TONS of money – and continue to make money – it doesn’t mean that they’ve still “got it.”
Maybe they’ve made so much money that they’re just content taking a few profits here and there…
The question is – do they have their finger on the pulse of today’s market enough to be able to predict what’s going to happen enough that we, as Regular Joe investors, should listen to them?
Maybe…
Remember I told you there are some names that seem to fall to the wayside? That they’re not in the spotlight enough to get the headlines and be talked about as one of the BIG names in investing even though they are?
Well…
Charlie Munger falls in that category.
Many people in the investing world compare Charlie Munger as Robin to Warren Buffett’s Batman…
Always the silent sidekick to the Oracle of Omaha. However, the rumor is – that Charlie is more like the Batman and Buffett more like Superman – but that’s neither here nor there.
These guys have really been a dynamic duo when it comes to investing – and have made their Berkshire Hathaway into one of the biggest names in the business.
That said…
Charlie is old – even for the old guard.
Clocking in at 96-years-old – Charlie is one of, if not THEE, elder statesman in his industry…
But Charlie still goes to work and finds a way to make money – regardless of the market conditions.
That being said…
Is Charlie STILL on top of his game?
Because right now, Warren Buffett’s right-hand man doesn’t like where stock markets look like they’re heading…
And is warning investors that they better pull back the reigns before it’s too late.
“I think there are lots of troubles coming. There’s too much wretched excess.” Munger said during an annual shareholders meeting.
Munger and Buffett’s investing philosophy through the years has centered around finding value in the market, buying and sitting on a stock while letting it grow over the years…
Something GorillaTrades is almost the polar opposite on – as we like to think that GT is more fast-paced and ready to move – taking our shots when we’re able, grabbing our profits, and getting out while the getting is good.
Of course…
The minds at Berkshire Hathaway are also strategic and may like to tell people one thing – then do another when they’ve got the world looking the other way.
Right now, Munger and Buffett’s baby is sitting on a MASSIVE $128 billion in cash reserves – as Buffett says that it’s waiting for an “elephant-sized acquisition.”
But do we believe them?
During the shareholder’s meeting, Munger restated Berkshire’s position on investing, while pointing a finger at how extended some investor are – especially when it comes to China and how they’re dealing with the probability of a coronavirus pandemic.
“In China, they love to gamble in stocks… this is really stupid. It’s hard to imagine anything dumber than the way the Chinese hold stocks.”
Man, Charlie…
Tell us how you REALLY feel!
Though, while he doesn’t agree with China’s strategies – he feels they’ve got stronger companies than the US, overall.
But is he right?
Does Charlie still get what’s happening in the investing world?
You can bet he does! And if you’re smart – you’ll listen to what he says – and watch what he actually does.
You could learn a LOT from the way he and Buffett do things.
We’re a little bit different here at GorillaTrades – a bit more contrarian.
Our system is designed to work with the fast moving market of the 21st Century while allowing our subscribers to be able to move quickly when they have to.
I’d love to show you how we do it…
But it’s hard to without you getting one of our recommendations – so I urge you – consider becoming a subscriber today.
If not…
Keep your eye on Berkshire Hathaway – you could do worse than to learn from those guys.
“I’m not a Twitterer, I’m not a twerker, I’m not a Facebooker, I’m not nothing. I’m old school.” – Michael Jordan