This article is about five businesses that are worth investing in based on Charlie Munger’s formula for success (video from 6:00 to 7:05 is wise old Charlie detailing his formula for investing success and states “the reason our ideas have not spread faster is they are too simple.”) coupled with Warren Buffett’s strategy of be greedy when others are fearful.
What is a magic formula for stock investing success?
Criteo, Jupai, Tiptree, Sogo & Gazprom are five companies that have a winning formula for success and are now selling for a bargain price.
Criteo