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Quote of the day by Charlie Munger: ‘Good investment opportunities don't come often… you’ve got to be prepared to act’

Quote of the day by Charlie Munger: ‘Good investment opportunities don't come often… you’ve got to be prepared to act’

Berkshire Hathaway's Charlier Munger believed patience and preparedness were important qualities for an investor. He noted that it is harder to do nothing with cash in hand since major opportunities are few and far between, but readiness to act is key.

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