Billionaire Charlie Munger, former vice chair and second-in-command toWarren Buffett, died on Nov. 28, 2023, at age 99. As Buffett’s closest business partner and “right-hand man” for over four decades, Munger was instrumental in the growth of Berkshire Hathaway into a giant diversified h...
Considering all of the risks mentioned above, why would anyone as smart as Munger or Buffett consider investing in China or any of the Chinese companies? Charlie Munger: Well, we did it for a very simple reason we got more strength per dollar invested in China. The companies we invest in ...
Munger:You asked me how to achieve the idealized high compound interest, and my advice isLower your expectations.I think it should be very difficult for a while. It's good for you to keep expectations in line with reality, and you won't freak out. We often hear people sayFrom the worst...
Mungerwas speaking on the veranda of his home in Greater Wilshire, a leafy neighbourhood of Los Angeles, where he has lived for 60 years since he designed the property himself. Dressed in a plaid shirt, Munger held court from his wheelchair as the travails of ailing California-based bank Fi...
While the teenage Warren Buffett was busy learning about odds and probability at the Ak-Sar-Ben horse-racing track—a short bike ride from his Omaha home—Charlie Munger was learning this important investment skill while playing poker with his army buddies. That’s where he learned to fold his...
“Opportunitycost is a huge filter in life.If you’ve got two suitors who are really eager to have you and one is way the hell better than the other, you do not have to spend much time with the other. Andthat’s the way we filter out buying opportunities."---Charlie Munger ...
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...
Usha Vance, 38, most recently worked as a litigator at law firm Munger, Tolles & Olson but left after her husband's selection as Trump's vice presidential pick was announced. JD Vance's wife Usha introduces him at RNC Share This is a modal window. This video is either un...
Charlie Munger’s Incentive Superpower—Mike Swanson Quote of the month: ... One of the books I recommend on my website is Poor Charlie’s Almanack, THE YEAR IN FINANCES For Generations to Come http://.huntington/uploadedFiles/Files/PDFs/ar11_finances.pdf ...