Charlie Munger, who had an estimated net worth of $2.6 billion when he died in 2023, wasWarren Buffett‘s friend, right-hand man and vice chairman of Berkshire Hathaway. So, any financial advice he gave in his lifetime is still quite valuable for investors today. Read Next:I’m a Finan...
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...
So maybe Buffett got the idea from his dad. Either way, by 1951 he was interested enough to make Greif an18% position. He owned $3,650 of stock, and his total net worth was $19,738 at the time. Valuation Greif had two classes of stock – Class A and Class B.Buffett owned the ...
If you’re interested to go deeper down the Charlie Munger rabbit hole (and you should be), I really can’t recommend enough theMunger Compendiumover at the great blog, Farnam Street. Shane Parrish is a huge Munger fan and has compiled all of the best stuff that’s poured out of his ...
Munger, like Buffett, cultivated a casual, fireside chat style. © Keystone/AP Photo/Nati Harnik None of this would have been possible as Buffett, the "Oracle of Omaha", has often remarked, without the investment savvy of his old friend, fellow Omahan and ...
Seeking Alpha-Berkshire Hathaway Worth Its SALT 2012 Update, about float. Seeking Alpha-Buffett On Insurance And Investing: Its About The Float. Corner Of Berkshire And Fairfax-Munger On Deferred Tax Liabilities and Intrinsic Value. These things along with the information on floats and moats that ...
—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 ...
“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 ...
“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...
As the vice-chairman of Berkshire Hathaway, Charlie Munger has earned a high net worth throughout his career. These Charlie Munger quotes on success will fill you with motivation and ambition. When you focus on your goals and practice patience, the road to success becomes more clear. ...