More and more women today are taking charge of their financial futures—running businesses, growing investments, leading households, and educating themselves on how to manage wealth. They face a unique set of challenges, including career interruptions, wage gaps, caregiving responsibilities, and longer lifespans. With these increased burdens comes a greater need to prepare for an unexpected and sudden loss and ensure that you have the resources in place to protect your assets. In exchange for premium payments, insurance is meant to protect you against the financial consequences of life’s unpredictable events, providing compensation for losses, damages, illness, or death. For women,…

Charlie’s portfolio was concentrated in very few securities and therefore his record was much more volatile but it was based on the same discount-from-value approach. He was willing to accept greater peaks and valleys of performance, and he happens to be a fellow whose whole psyche goes toward concentration, with the results shown. – Warren Buffett discussing Charlie Munger’s investment process in Damn Right! by Janet Lowe Berkshire Hathaway’s (BRK/A, BRK/B) Warren Buffett and his late partner Charlie Munger are considered the greatest investment duo of all time. Munger’s investment strategy tended to be very concentrated, with the Daily Journal…