Charlie Munger

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...

In a powerful 2007 USC commencement speech, Charlie Munger, late billionaire investor and longtime vice chairman of Berkshire Hathaway, shared a vital lesson on success, highlighting how Warren Buffett's lifelong commitment to learning was a key factor in the company's legendary growth. What...

Amid market turbulence, legendary investor Charlie Munger once offered his perspective, urging investors to remain steadfast and focused on long-term fundamentals. What Happened: Following President Donald Trump‘s declaration of extensive tariffs, the S&P 500 momentarily slipped into bear...

As global markets continue to swing wildly in the aftermath of Trump's tariffs coming into play, an old observation from Berkshire Hathaway’s former vice-chair, Charlie Munger, sounds more relevant than ever. What Happened: During volatility, Munger once told shareholders: "The market is not...

Charlie Munger, the longtime business partner of Warren Buffett, once voiced his disapproval of introducing young people to active stock trading, likening it to initiating them into heroin use. What Happened: Munger expressed his contempt for active investment management during the yearly Daily...

Gold prices have surged nearly 58% after the late veteran investor and stock picker Charlie Munger‘s top pick, Costco Wholesale Corp. (NASDAQ:COST), started selling gold bars in June 2023. What Happened: Gold prices have been hitting fresh record highs after surpassing the $3,000 mark. The...