Charlie Munger is a highly respected American investor, businessman, and philanthropist, best known as the Vice Chairman of Berkshire Hathaway, the conglomerate led by Warren Buffett. Munger’s sharp analytical skills and unconventional thinking have made him a key figure in finance and investing. He is renowned for his profound insights into market behavior, investment strategies, […]
Invitation to the Journey Before we begin, let me assure you: I know very little about what exactly I need to know. All my life successes are due to my ability to deal with my ignorance, not to what I know. Teaching and guiding others is quite a presumptuous activity, but I do it because […]
An article on the principles of money management based on the book by Benjamin Graham. A Fortunate Day in 1949 I’m very pleased to talk to you today about Ben Graham. In my life, there have been several fortunate days, but one of the most fortunate occurred in 1949 when I was 19 and first […]
In his childhood, Robert was friends with Mike and other boys who were not well-liked by others, who considered them poor. Robert sought advice from his father on how to become wealthy, to which his father replied, “You just need to learn how to earn more.” Even then, Robert understood that such advice wasn’t going […]
Cars and Investments Seventy years ago, when I was in high school, I was focused on girls and cars. Imagine that after this meeting, each of you could pick any car you want—any color, with a bow on it, and it would be delivered to your home tomorrow. The catch is that it’s the only […]