That was a great interview in that they let Thorp talk. Lots of wonderful stories involving well known people. Fascinating.
Leverage can work for you or against you. The price of your purchase should have nothing to do with decision to sell.
Munger's responses were frank & straight to the point, no fluff or hype, which seemed to throw the interviewer off track a bit.
Charlie really likes how Singapore developed and is run.
In a previously unpublished article, the late Vanguard founder Jack Bogle makes the case for a low-cost, broadly diversified portfolio of just two index funds. Adjust the risk level for your age, and let capitalism do its thing.