As per reports, Munger had an estimated net worth of $2.6 billion and was ranked as the 1182 richest person in the world by Forbes.
Charlie Munger: Well, I’ll handle it as long as we can, and when I’m gone or sufficiently impaired, we’ll get somebody else to do it. Becky Quick: Ok, the second part of that question is, what are the reasons for Gerry and Peter Kaufman leaving the board? Charlie Munger: Well,...
Bottom line.Charlie Munger was born in 1924 and reached financial independence at age 38 from his earnings as a lawyer (beforehe became partners with Warren Buffet). While he is now best known as a billionaire investor, he took a familiar path to financial independence: solid 9-5 income, c...
This is an unofficial transcript of Warren Buffett, Charlie Munger and Bill Gates appearing live with Becky Quick on CNBC's "Squawk Box," Monday, May 5, 2014. A PDF version of this transcript may be downloaded by clicking here. BECKY QUICK, CNBC: We are live this morning from the Nebras...
Second, here is another version of the quote credit to Munger, perConservative Income Investor: “The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do—if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find...
the talented assistant of investment genius Warren Buffett, passed away at the age of 99. It was just over a month before Munger’s 100th birthday. Buffett stated in the announcement, “Without Charlie’s inspiration, wisdom, and involvement, Berkshire Hathaway could not have achieved its curren...
BECKY QUICK: Warren Buffett and Charlie Munger, friends for more than six decades, business partners for more than five, together sitting atop one of the country's biggest companies, Berkshire Hathaway. Buffett, the Chairman and CEO, kn...
WB: I couldn’t be in better health. It’s a little bit discouraging to me that my partner in business, life, and everything else — Charlie Munger — is 98. (Laughs) CR: And still going strong. WB: I’m still the kid! (Laughs) ...
The Chinese automaker BYD may end up being a mistake for Berkshire perhaps because Munger and Buffett drifted too far from what they call their “circle of competence.” Charlie has said that it was fun to make the investment and particularly at his age and level of success he is entitled ...