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Warren Buffett and Charlie Munger: 3 Reasons to Sell a Stock

When should you sell a stock you own? Warren Buffett and Charlie Munger discuss the criteria they use to decide when to sell a stock. This clip took place at the 1998 Berkshire Hathaway Shareholder Meeting.

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Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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