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Charlie Munger's Lollapalooza Effect

Charlie Munger's Lollapalooza Effect

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In this edition we take a look at the Lollapalooza effect, a term coined by Warren Buffett's former right hand man at Berkshire Hathaway, Charlie Munger. We look at what the effect is exactly and how failure spot it in action can prove to be of great detriment to the investor's pocketbook.

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