Elaborating on how Munger's advice helped her, Melinda French Gates shared how she comforted a close friend when her husband died of cancer. That friend in turn helped her when she ended her marriage with Bill Gates after 27 years.
Speaking at the 2024 shareholders meeting, Warren Buffett said that after years of gathering intelligence on a particular subject 'there is something that comes along and ticks a whole bunch of observations that you’ve made and knowledge you have, and then crystallizes your thinking into action, big action in the case of Apple.'
Buffett said, "Charlie used to say, 'Tell me where I'm going to die and I will never go there'.
Apart from queries about specific sectors or business, the Oracle of Omaha is also often posed with questions regarding his general strategies and perspective during Berkshire Hathaway's annual shareholder meeting.
There remain only a handful of companies in this country capable of truly moving the needle at Berkshire, Buffett wrote in his annual letter.
Munger, Buffett adds never sought to take credit for his role as creator but instead let him receive all the accolades, playing the role of an older brother and part-loving father
In his widely-read annual letter to Berkshire shareholders Buffett said his more than $900 billion conglomerate has become a fortress that could withstand even an unprecedented financial disaster
These quotes capture the essence of Charlie Munger's wisdom and provide valuable insights into his mindset and approach to life and investing.
Year Ender 2023: This year witnessed the loss of a number of prominent figures from across in industries. Here are a few of the celebrities who died in 2023.
Charlie Munger had three golden rules that guided his extraordinary career and partnership with Warren Buffett.
Both Buffett and Munger are very spiritual, they were detached, were not egoistical and gave each other a lot of leeway.
Marks, the Chairman of Oaktree Capital Management, says Munger never tried to guess what a company or a stock would do in the short term. “If you want to hit the long ball, you have to be very patient," remarked Marks.
Charlie Munger’s mental models are often discussed, but not his real-life models - the eminent dead and the living exemplars whose lives he studied so as to seek out what to emulate and what to avoid
The late vice chairman of Berkshire Hathaway once listed human tendencies that can cause misjudgements, and suggested some antidotes.
He advocated for learning “all the big ideas in all the big disciplines,” and his talks were peppered with references to Confucius, Charles Darwin, Benjamin Franklin, Isaac Newton and even Mozart. In a way, his sweeping academic interests seemed to mirror Berkshire’s diverse portfolio
How a 40-minute conversation with Charlie Munger helped Bharat Shah calm down the pangs of self-doubt and concerns
In the realm of modern business philosophers, few shine as brightly as Charlie Munger, the Vice Chairman of Berkshire Hathaway.
Charlie Munger would go on to become Warren Buffett's chief lieutenant at Berkshire Hathaway and attain a net worth of about $2.6 billion until his death.
'Remember that reputation and integrity are your most valuable assets – and can be lost in a heartbeat.' From life lessons to investment and everything in between, Charlie Munger had them all covered. Here are some of the gems
The late vice chairman of Berkshire Hathaway was known to place a lot of stress on incentive-caused bias
The Berkshire Hathaway vice chairman’s passing has left a void in the financial world, says market expert Ajay Bagga, reflecting on the life and legacy of the investing genius, and how he sought out great companies.
It was Munger who persuaded Buffett to focus on acquiring great businesses at acceptable prices rather than hunt for seedy bargains
One of the famous quotes of Munger goes, "The first rule of compounding is to never interrupt unnecessarily"
When Munger spoke he spoke with such candour and preciseness that I can safely say that a generation of value investors are in awe of him, added Damani
Charlie Munger added that a lot of his fans in China and India are 'graduates of great engineering schools,' but he wouldn’t call them investors as most of them treat investing only as a speculative game.