重讀了芒格的著名投資理念，分享一下~~

Munger's great lesson of investing：a great business at a fair price is superior to a fair business at a great price. 

Warren Buffett said that " Charlie shoved me in the diretion of not just buying bargains, as Ben Graham had taught me. This was the real impact Charlie had on me. It took a powerful force to move me on from Graham's limiting views. It was the power of Charlie's mind. He expanded my horizons."

兩個投資大佬把這個原則用到了極致，而且極其有耐心地等待機會。每時每刻他們手上都有20 BILLION USD 的現金在手上。。。

跟兩位學習，隨時隨地身上要有現金，看到心儀已久的股票到了比較好的價位就可以跳下買了去了。最近的一個例子就是上周借葡萄牙危機引發的股市大跌，有朋友在做好了功課的前提下買了跌到強支撐位的優質股票，如FB等等。他們/她們在不到一周的時間裏都有非常漂亮的回報：買正股的10+%吧，買OPTION的可能有翻翻的了。。。