Tag Archive

Earlier this year at The Redlands Forum, Charles Munger discussed examples of how to invert your thinking. H/T to 10-K Diver for highlighting the video. Here’s an excerpt from the forum: Munger: There are all kinds of tricks that I just got into by accident in life. One I invert … Read More

Earlier this year during the Daily Journal Annual Meeting, Charles Munger explained why the Chinese economy will continue to dominate the U.S economy. Here’s an excerpt from the meeting: I think the Chinese have behaved very very shrewdly in managing their economy, and they’ve gotten better results than we have … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

In this interview with HBO and the Kunhardt Film Foundation, Charlie Munger discusses the power of extended confucianism. Here’s an excerpt from the interview: Well he [Warren] came out of a private partnership where people he knew were trusting him a lot when he was obscure and he had his … Read More

Earlier this year during the DJCO Annual Meeting, Charles Munger discussed the reasons why Warren Buffett was selling Wells Fargo stock, and he was not. Here’s an excerpt from the discussion: Julia La Roche [ Norman Bergman ], he asks, why is Berkshire Hathaway selling shares of Wells Fargo as … Read More

During the latest Berkshire Hathaway Annual Meeting, Charlie Munger joked that there’s way too much turnover in the Berkshire portfolio. Here’s an excerpt from the meeting: Host: Mr Buffett has espoused for decades the philosophy of buy and hold or hold forever was too short of a time period. Is … Read More

In this interview at the University of Michigan, Charles Munger explains why Berkshire is the world’s most successful conglomerate. Here’s an excerpt from the interview: That’s the main secret of Berkshire. The reason that Berkshire has been successful as a big conglomerate. More successful than any other big conglomerate. So … Read More

In his recent 2021 Daily Journal Annual Meeting, Charlie Munger discussed his thoughts on ordinary people becoming great investors. Here’s an excerpt from the meeting: Question: I enjoyed your Caltech interview and wanted you to elaborate and provide more insights on your point of great investors and great chess players. … Read More

In his recent Daily Journal shareholder meeting, Charles Munger discussed a number of topics including Robinhood, SPACs, Bitcoin, market speculation, interest rates, and why value investing will never go out of favor. Here’s an excerpt from the meeting: Munger: Well that is easy. Value investing, the way I regard it, … Read More

In his recent Caltech webinar, Charles Munger was asked, what are the traits of being a great investor? Here’s his response: Charlie: Obviously you have to know a lot. But partly it’s temperament. Partly it’s deferred gratification. You got to be willing to wait. Good investing requires a weird combination of patience and aggression … Read More

On his recent Caltech Webinar, Charles Munger provided some great insights into the lifespan of today’s high-tech companies. His belief is that while these companies will enjoy success for a little time, eventually they will get clobbered. Here’s an excerpt from the webinar: Munger: Over the long term the companies … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

Earlier this year at the Redlands Forum Charlie Munger spoke about a number of topics including what makes a great business for investment. Here’s an excerpt from the interview: Q: I have a question. As you have acquired many companies, you and Warren together in your career, you’ve looked at … Read More

In a recent interview titled – Inner Conversations with the Titans, Charlie Munger, Stewart Resnick, and Dick Ridordan sat down with Dr Sabrina Kay to discuss life, wealth, and the future. During the interview Munger was asked how he makes successful investment decisions. Here’s an excerpt from the interview: Q. … Read More