Charlie Munger

Veteran commodities trader Peter Brandt says that the math behind successful speculation is brutally lopsided, as he teams up with another legendary trader to make his case against broad diversification. What Happened: On Monday, Brandt highlighted the “Pareto Principle” of trading and...

The S&P 500 index has yielded a 220% return in the last 10 years. Peter Mallouk, the CEO of Creative Planning Inc., highlights this data and recalls veteran investor Charlie Munger‘s insights on the power of compounding and being patient through uncertainty. What Happened: According to...

Charlie Munger, the late Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) vice chair, once mentioned that smart stock traders imitate baseball sluggers who "wait for one that they can really handle" instead of hacking at every offering. What Happened: Munger told CNBC in a birthday-tribute interview in...

Berkshire Hathaway CEO Warren Buffett and former vice chairman Charlie Munger's distaste for fancy degrees and business schools is well known. At the 2012 Annual Meeting, a Master of Business Administration student asked them what they considered the right way to train business leaders. What...

Speaking at the Daily Journal Annual Meeting in 2019, Charlie Munger, the late vice-chairman of Berkshire Hathaway Inc and Warren Buffett's longtime partner, stated in clear terms why their investment track record outperformed the rest. During his remarks, in his trademark humorous manner, he took...

The late billionaire Charlie Munger, renowned for his financial acumen and longevity, believed the key to success was avoiding conventional pitfalls. What Happened: Munger, who lived to 99, attributed his success to a simple and direct approach to life and work. He emphasized the importance of...

Charlie Munger, the late vice-chairman of Berkshire Hathaway, once offered some words of wisdom for investors dealing with market turbulence. What Happened: Munger, who was a close collaborator of Warren Buffett at Berkshire Hathaway, underscored the necessity for long-term investors to...

At the Daily Journal Annual Meeting in 2019, 95-year-old Charlie Munger, then the vice chairman of Berkshire Hathaway, was asked why his longtime associate, Chairman of Berkshire Hathaway Warren Buffett, was "so much richer" than him. Munger's response, delivered in his characteristic tongue-in-...

Legendary investor Charlie Munger gave shareholders blunt advice when asked how he thinks about downside protection and selling stocks, back in 2019: "Find Costcos, not good exits." What Happened: Munger, then vice‑chairman of Berkshire Hathaway, confessed he's "no good at exits." He reminded the...

You would think that Warren Buffett and Charlie Munger, the legendary investing duo behind Berkshire Hathaway's runaway success, met in a boardroom or a business school. In case you did, you were wrong! They were introduced to each other by a well-known doctor couple in Omaha, who probably had no...

Billionaire investor Bill Ackman has endorsed “Buffett & Munger Unscripted,” a compilation of decades of investment wisdom, calling it “a great book” on social media on Sunday. What Happened: The Pershing Square Capital Management CEO’s praise comes as Warren...

Warren Buffett is considered a hero, mentor and investing legend to many people over the years. An autograph from the legendary investor is a coveted keepsake for many and some are up for sale soon. What Happened: Continuing his philanthropic work, Buffett is donating proceeds from a book to a...

As tensions between the U.S. and China over trade reached a boiling point today, a statement of the legendary investor Charlie Munger has resurfaced on the topic of tariffs. What Happened: In a joint interview with CNBC alongside Warren Buffett and Bill Gates in 2019, Munger addressed the growing...

Charlie Munger didn't mince words when asked back in 2011 whether Donald Trump belonged in the Oval Office, but the longtime vice-chairman of Berkshire Hathaway did shift his views a few years later. What Happened: "The last person, almost, I'd want to be president of the United States is...

Billionaire Warren Buffett once shared his insights on achieving success, emphasizing the importance of recognizing personal strengths, choosing the right partners, and not fearing mistakes. What Happened: Buffett, who became a millionaire by age 32, attributed his success to his...