Daily Journal Annual Meeting 2023 — Munger Q&A
“Vanguard has retreated from that policy and I think wisely so.”
7 mentions across the corpus · positive 6 · negative 0 · neutral 1 · historical 0
Daily Journal Annual Meeting 2023 — Munger Q&A
“Vanguard has retreated from that policy and I think wisely so.”
Morning Session - 2023 Meeting
“it was pioneered by Vanguard. And when it became successful, it was very, easy to replicate”
Daily Journal Annual Meeting 2021 — Munger Q&A
“other is a Vanguard index fund. As a result of holding those two positions, we have a lower cost than anybody else”
Daily Journal Annual Meeting 2021 — Munger Q&A
“One is a big interest in Li Lu's China fund, which is a limited partnership, and the other is a Vanguard index fund”
"People react too much to short-term things" | March 3, 2014
“If they'd put it in an index fund, they had gotten the two and 20, they each would have made over $300 million. All they had to do was by the Vanguard index fund”
2013 Berkshire Hathaway Shareholder Letter
“90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.)”
Morning Session - 2002 Meeting
“I know Vanguard has very low costs. I'm sure there are a whole bunch of others that do.”