In this episode, Charlie Munger was asked regard to the proliferation of index funds, does he think that there may be issues with liquidity any time we go through another large crisis? And does he think that it will create large discrepancies between the price of the index fund and the values of the securities underneath?

YAPSS eBook | Collection: Charlie Munger Investing Advice, Life Advice & Others
► Shop Now: https://www.yapss.com/products/collection-charlie-munger

Charlie Munger's Recommended Book List:
► https://www.amazon.com/shop/yapss

► Video Transcript & YAPSS Takeaway:
https://www.yapss.com/blogs/collection-charlie-munger/charlie-munger-95-of-people-have-no-chance-of-beating-the-s-p-500-index-dj-2017-c-c-m-ep-255
This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2017.
► Full Video: https://youtu.be/BLctqhNClqY

☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business and life from Charlie Munger and other great investors! For any concerns, business inquiries, etc. please contact us via email YAPSSBusiness@gmail.com

YAPSS Playlist – Collection: Charlie Munger:
https://www.youtube.com/playlist?list=PLyeG_Tr8eXZmN2pp1LVVd3EawBfNwprC3

#YAPSS #CharlieMunger #DailyJournal

Charlie Munger: 95% of People Have No Chance of Beating The S&P 500 Index | DJ 2017 【C:C.M Ep.255】