Charlie Munger's Defense Of Active Investing Resurfaces Amid ETF Boom: "Life Is More Than Passive Wealth Accumulation"

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Charlie Munger's Defense Of Active Investing Resurfaces Amid ETF Boom: "Life Is More Than Passive Wealth Accumulation"

The ‘Oracle of Omaha‘ Warren Buffett and his business partner, the late veteran investor Charlie Munger, well known for their value investing rationale defended active investing during Berkshire Hathaway Inc.’s (NASDAQ:BRK) (NASDAQ:BRK) 2001 annual meeting. What Happened: Responding to a young 10-year-old boy’s question about investor education at high school during its 2001 meeting, Buffett said, “Best investment you can make at an early age is…