During 2023, we did not buy or sell a share of either AMEX or Coke – extending our own Rip Van Winkle slumber that has now lasted well over two decades. Both companies again rewarded our inaction last year by increasing their earnings and dividends. Indeed, our share of AMEXearningsin 20...
Charlie Munger: Well, without any metaverse, just the existing technology of games on the internet, Activision Blizzard and a lot of other companies have gotten very large and some of the games are kind of constructive and social and others are very peculiar. Do you really want some guy 40 ...
WB: Nah, not exactly. I wouldn’t call it a killer instinct, but I do know this — when I want to do something, I always want to do it big. I put my whole net worth in Cities Service preferred. CR: $120. WB: $114.75. (Laughs) I put my whole net worth in and, since tha...
As the Vice Chairman of Berkshire Hathaway and one of the company’s major shareholders, Munger’s total net worth was estimated to be approximately $2.5 billion as of early 2023, according to media reports. As Buffett puts it, Munger is not only his mentor and life partner but also the ...
—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 ...
Charlie Munger: China Has Better Prospects than Any other Big Economy in Next 20 Years BEIJING, November 6 (TMTPost)— Charlie Munger, Warren Buffett’s longtime right-hand man and vice chairman of Berkshire Hathaway, maintained upbeat on China.Credit:Visual China “The Chinese economy has ...
White Stork Asset Management LLC Partner, Investments Links to additional Transcripts: Daily Journal Annual Meetings:2015,2016,2017,2018,2019,2020,2021,2022,2023 2017 Fireside Chat with Charlie Munger Charlie Munger: Full Transcript of Caltech Zoom Talk, Dec. 2020...
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
“The Chinese economy has better future prospects over the next 20 years than almost any other big economy,” Munger said in his first longform podcast interview. The legendary billionaire investor further noted the leading companies of China are stronger and better than practically any other leadin...