His advice has been widely spread and used over the years, particularly from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, a collection of his talks, lectures and other commentary.
Charlie Munger, who had an estimated net worth of $2.6 billion when he died in 2023, was Warren Buffett's friend, right-hand man and vice chairman of Berkshire Hathaway. So, any financial advice ...
From Harvard Law to Financial Independence Munger didn't start his career as an investor. He graduated from Harvard Law School in 1948 and later went on to co-found the law firm Munger ...
Of course. If everybody bought nothing but index funds, the whole world wouldn't work as people expect," Munger said. "If you ...
He noted that one of the few things Munger openly expressed pride in was his book, Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger. Herjavec shared, "One thing he was really ...
You can invest today for just $0.26/share with a $1000 minimum. The audience laughed, but Munger wasn't joking. He had spent decades making decisions with long-term vision, and his words were a ...
Munger was well-known for his ability to invert problems by looking at what didn’t work and then quite simply avoiding it. In other words, Munger would look to solve hard problems by going ...
The problem is the whole thing can’t work perfectly forever, but it will work for a long time.” Munger highlighted the frustration experienced by investment professionals who grapple with the ...