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.

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 ...

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 ...

According to him, the first big hurdle isn't a million dollars – it's that first $100,000. Munger didn't sugarcoat it: "The first $100,000 is a bitch, but you gotta do it. I don't care what you ...

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 ...

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 ...

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 ...