Munger, who reportedly has a net worth of$1.7 billion, took a light-hearted shot at fellow billionaire Musk whileanswering questions last weekat the annual meeting of the newspaper publishing company Daily Journal Corp, asthe Observer pointed out. A shareholder of the company asked Munger, who ...
Charlie Munger, for decades my partner in managing Berkshire, viewed this obligation identically and would expect me to communicate with you this year in the regular manner. He and I were of one mind regarding our responsibilities to Berkshire shareholders. * *** Writers find it useful to pictu...
300 other billionaires with larger fortunes than his — including Buffett, who has an estimated net worth of$106 billion— but Munger's wealth is still more than enough to ensure he would want for nothing.
31. “A great business at a fair price is superior to a fair business at a great price.”―Charlie Munger 32. “Most people don’t grab the right ideas or don’t know what to do with them.”―Charlie Munger 33. “There is no way you can live an adequate life without making many...
In his lifetime he’s tested his methods in the arenas of business and investing, and his net worth of $1.7 billion testifies to the effectiveness of his approach. Today I’m going to give you a taste of the katana-sharp mind of Charlie Munger, and if your interest is piqued, I’ll...
To the Shareholders of Berkshire Hathaway Inc.: Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their ad
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, that’s a very good question, and I’ve always believed that nothing was worth an infinite price. So at some, even an admirable place like Costco could get to a price where you would say that’s too high. But I would argue that if I were investing money for ...
Net worth analysis.According to his Wikipedia bio, the 95-year-old Munger graduated from law school in 1948. Let’s say he practiced law from 1949 to 1962. At the end of those 13 years, he states that he had $300,000 in liquid assets, a house, and two cars. The median value for...
—CHARLIE MUNGER, KIPLINGER, 2005 The trouble with what I call the classic Ben Graham concept is that gradually the world wised up [after enough time had passed after the Great Depression] and those real obvious bargains disappeared. … Ben Graham followers responded by changing the calibration ...