Entering text into the input field will update the search result below

The Wisdom Of Charlie Munger, More LinkedIn IPO Controversy, Meredith Whitney and Her Municipal Bond Predictions, and SNL Roasts the IMF Chief

May 22, 2011 2:38 PM ET
Yale Bock profile picture
Yale Bock's Blog
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

 For those of you not familiar with Charlie Munger, he is the right hand man of Warren Buffett, Chairman of Berkshire Hathaway.  Mr. Munger is incredibly wise and has experienced all kinds of ups and downs in life, a bad marriage, the loss of an eye, was Summa Cum Laude at Harvard, started the best law firm (still to this day) in California, made money in real estate and was a great investment manager on his own before he joined Mr. Buffett- it is worth your ten minutes to get some of his wisdom because one does not know how long legends like him will be around:


Great piece on the LinkedIn IPO Controversy- critics claim too little of the company was released to the public and the moonshot result will hurt the market.  There are always two sides to the story:


One of the reasons I am skeptical of analysts is they are always trying to make headlines with outrageous opinions- more proof with the Meredith Whitney Municipal Bond situation:


A hysterical parody of the IMF chief by SNL:


Had to get a copy of a police report the other day from City Hall in Las Vegas, NV.  Dealing with the City of Las Vegas government is like dealing with a third world country- 6 booths, 2 open, 1 officer who did not help anybody and was on the computer the whole time- took an hour- could have taken 2 seconds on line- State does not allow it- no regard at all for the public's time.  Now they want to raise taxes on business services- wake up!  Hopefully one day things will change.  Have a great week.

As always, on any company mentioned here, past performance is not a guarantee of future returns. One should research any investment and make sure it is suitable with your objectives, risk tolerance, risk profile liquidity considerations, tax situation, and anything else pertinent to your financial situation. Also, the CFA credential in no way implies investment returns will be superior for any charterholder.

Yale Bock, CFA
President, Y H & C Investments

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.