Aug. 14 at 1:24 PM
Among Munger’s most powerful technical and behavioral principles was a deceptively simple rule of thumb for accumulating world-class franchises: buy quality compounders when they retreat to their 200-week moving average.
“If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time. The problem is, few human beings have that kind of discipline.”
That's exactly what I did for
$IGV $FTNT $PANW and
$MSFT.
This post is open to all:
https://lextrading.substack.com/p/the-munger-framework-buying-generational?r=2bgp9u&utm_campaign=post-expanded-share&utm_medium=web
