Comment

Comment by CharlieMunger

Ruined? Not always.

For example, investment subreddits are generally very bad, yet the Berkshire Hathaway subreddit (r/brkb) is able to keep the rot out without becoming an echo chamber:

https://old.reddit.com/r/brkb/

This subreddit has literally dozens of value investor moderators, and the bubbles (cryptocurrency/ARK/Musk) are forcibly excluded.

The result is a forum where Buffett's principles of intrinsic value (discounted cash flows) and moats, etc., are explored for Berkshire and the many connected companies (e.g., Verizon).

Read the live chat history to see.

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton