MYSTERIOUS: Charlie munger - What They Never Told You

'I Held Out Until It Got Back To Almost Where I Paid For It And Then I Sold It': Late Billionaire Charlie Munger Once Admitted He Made The Classic Amateur Mistake

The late billionaire Charlie Munger once highlighted that even he has made some 'amateur' mistakes.

Barchart · Oct 30

Charlie Munger skipped insurance on his mansion, said all intelligent people ‘do it my way’. What did he mean?

During a recent shareholder meeting, Charlie Munger shared his reasoning behind opting out of fire insurance for his mansion. He argued that self-insurance is a more prudent choice for manageable risks, suggesting that smart individuals should avoid unnecessary premium payments. Highlighting potential waste in insurance purchases, including issues like fraud,…

The Economic Times · Oct 29

‘They Deteriorate So Much You Almost Don’t Miss Them’: Charlie Munger, Who Lived to 99, Said There’s Not So Much Agony When Someone Really Old Dies

The late billionaire Charlie Munger lived to 99, enduring devastating losses. The legendary investor also shared life advice on grief, hardship and accepting life as it comes.

Barchart · Oct 27

Late Billionaire Charlie Munger Told Value Investors to ‘Get Used To Making Less’ Because They All Want ‘A Diminished Bunch Of Opportunities’ but Warren Buffett Disagrees

Growth has beaten value by roughly 24 points since that meeting. Berkshire's own shares trailed both, which complicates the scoreboard for the man who disagreed.

Barchart · Oct 6

Michael Saylor Told Founders That 4 to 10 Years Is ‘Very Very Normal’ but Past 10, ‘You’re Probably Not Cut Out for the Business’

The rule only counts founders who were still in business at year ten, which is the survivorship problem sitting underneath every timetable like it.

Barchart · Oct 6

Charlie Munger backed Costco for decades and was its second-largest shareholder; Berkshire sold 4.3 million shares for $1.3 billion in 2020 - here’s what the stake would be worth now

Charlie Munger was a longtime Costco supporter and became the retailer’s second-largest shareholder. Berkshire Hathaway later sold 4.3 million Costco shares for about $1.3 billion in 2020. Five years later, those shares would have been worth around $3.66 billion, highlighting Costco’s remarkable stock performance.

The Economic Times · Oct 1

‘It’s Your Only Option’ — Late Billionaire Charlie Munger, 99, Shared His Iron Rule for Overcoming Life’s Hardship. ‘Everybody Struggles, But You Can’t Quit’

Munger’s iron rule of life was simple: Everyone struggles, but the only option is to soldier through hardship and never quit.

Barchart · Sep 29

Bitcoin skyrocketed 750% since Warren Buffett called it 'rat poison' in 2018. Why was he cautious?

Bitcoin has surged around 750% since Warren Buffett called it “rat poison squared” in 2018, despite his longstanding concerns about cryptocurrencies. The digital asset has since hit record highs above $126,000, driven by growing institutional and investor interest, before correcting sharply. Here’s why Buffett remained cautious about Bitcoin.

The Economic Times · Sep 29

Late Billionaire Charlie Munger Said American Medical Costs Are ‘A Disgrace’ And That Singapore Does It Better At ‘20% Of What We Pay’

Singapore spent $6,551 per person on health care in 2023 against $13,473 in the US, and on 2024 figures its people live about four and a half years longer.

Barchart · Sep 23

Elon Musk Stuns Fans by Declaring Berkshire Hathaway Is 'High on Coke' Over Massive Dividend Windfall

Elon Musk joked about Berkshire Hathaway's Coca-Cola investment after its 400 million shares generated roughly £526 million in 2022, with annual dividend income projected to rise further.

International Business Times UK · Sep 21