• DT15DT15
      ·2023-12-01

      some lessons i learnt from Charlie Munger

      1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already donating much of his wealth to charity. 4. Don’t
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      some lessons i learnt from Charlie Munger
    • DT15DT15
      ·2023-12-01
      Some Lessons from Charlie Munger 1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already donating much o
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    • Mrcool0917Mrcool0917
      ·2023-12-01
      Truly a remarkable personality in the age of value investing. As much as his perspicacity into valuation in businesses, Munger is also rightful in his ability to acknowledge talents with the aptitude into steering corporations and soverign nations[Shy]  
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    • AlverladAlverlad
      ·2023-12-01
      Yes..points please. Send to me
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    • gnohnaixgnohnaix
      ·2023-12-01
      Crypto is trash ...munger
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    • 老赌神老赌神
      ·2023-12-01
      R.I.P 🙏🙏🙏😫😫😫
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    • 古拉克古拉克
      ·2023-12-01
      The iron rule of nature is: You get what you reward for. If you want ants to come, you put sugar on the floor. by Charlie Munger.
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    • siewleng123siewleng123
      ·2023-12-01
      Rest in peace🙏 Munger
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    • Dave FuDave Fu
      ·2023-12-01
      We lost another wise man who teaches retail investors to be patient n or emotional while investing . Watching his videos do gets a good laughs here n there . Tks big bro n RIP. 
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    • gravitytogogravitytogo
      ·2023-12-01
      Charlie Munger's legacy is an enduring testament to intellectual rigor, principled investing, and the power of multidisciplinary thinking. His sage advice on embracing diverse mental models, cultivating a lifelong learning mindset, and prioritizing ethical decision-making has left an indelible mark on the investment world. Munger's influence extends far beyond finance, shaping a generation of individuals striving for holistic wisdom and success. Today, we celebrate not just his achievements but the profound impact of his wisdom that continues to shape minds and markets alike. Cheers to a lasting legacy! 🌟
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    • GohmtGohmt
      ·2023-12-01
      He set a model for a better peaceful progress    world. His fragual simple and practical lifestyles and extraordinary investing skills and know how worth further detailed recording for future generations. He generously returns what he earn from   society.  He and Henry Kissinger both are great  Loss to mankind. best blessings to them.  Amen om mani Padme hung 
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    • ZtradeeZtradee
      ·2023-12-01
      The world lost yet another great icon. God bless his soul and may he rest in eternal peace. [Bless]  
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    • Upswing118Upswing118
      ·2023-12-01
      A man w wisdom. Invest in great companies. Don't need d money but it gives comfortable position to buy whatever he wants.  Ain't it great when we can run our lives without $ as a main factor?
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    • Vincent DeeVincent Dee
      ·2023-12-01
      Thank you for the contribution to the world and the people
      594Comment
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    • WEE YangWEE Yang
      ·2023-12-01
      Thank you! [What]  [What]  
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    • w_t1w_t1
      ·2023-12-01
      Thank you for your words of wisdom with a dose of comedy!
      422Comment
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    • WinstonlouWinstonlou
      ·2023-12-01
      RIP.                         
      423Comment
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    • nancy88nancy88
      ·2023-12-01
      Respect you for the vision and  contribution to the world. RIP
      264Comment
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    • HuatbaiHuatbai
      ·2023-12-01
      May the legendary man rest in peace
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    • FreePrincessFreePrincess
      ·2023-12-01
      R.I.P Munger. You led a legendary life and will always be remembered!! 
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    • Capital_InsightsCapital_Insights
      ·2023-11-29

      Yang Delong: Learn from Munger's Investment Wisdom, Persist in Value Investing

      Article Supported from Delong Yang, chief economist of Qianhai Kaiyuan Fund,I woke up this morning to the sad news of the passing of investment guru Charlie Munger. Over the past 8 years, I have attended the $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ ‘s Annual Shareholders Meeting in Omaha five times. Buffett and Munger, two of the best investment partners, have achieved unprecedented returns over their nearly 60-year investment careers. At the same time, they have selflessly shared their value investing philosophy with investors worldwide, making them truly remarkable. Attending the Berkshire Hathaway Annual Shareholders Meeting and listening to Buffett and Munger speak so eloquently and i
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      Yang Delong: Learn from Munger's Investment Wisdom, Persist in Value Investing
    • MrzorroMrzorro
      ·2023-11-29
      What Charlie Munger's Death Means for Berkshire Hathaway Charlie Munger was a crucial partner for $Berkshire Hathaway(BRK.B)$   CEO Warren Buffett. But his death Tuesday isn't likely to have much impact on Berkshire since the company has long been Buffett's show. Buffett, 93, has guided Berkshire since he took control of the company in 1965 and a sharp Buffett remains an engaged CEO today. In an interview with Charlie Rose last year, Buffett said he is "always on the clock" for Berkshire. Munger, a Berkshire vice chairman and board member since 1978, was more a sounding board and advisor to Buffett than someone involved in the company's day-to-day affairs. Berkshire's Class B stock was down 0.4% Tuesday to $360.05. There was little mark
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    • Samuel SmithSamuel Smith
      ·2023-11-24

      Munger And Buffett Say Invest $100,000 For Financial Freedom: Consider SCHD

      Summary Charlie Munger has emphasized the importance of investing $100,000 as a first step toward achieving financial freedom. Warren Buffett has highlighted the need to generate passive income to avoid working until death. We explain why SCHD is a strong investment option for reaching financial freedom in-line with the investing wisdom of Munger and Buffett. anilakkus/iStock via Getty Images Charlie Munger once said that the first step to building long-term financial freedom is to accumulate $100,000: The first $100,000 is a *****, but you gotta do it. I don't care what you have to do – if it means walking everywhere and not eating anything that wa
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      Munger And Buffett Say Invest $100,000 For Financial Freedom: Consider SCHD
    • RickPANDARickPANDA
      ·2023-11-29
      $Berkshire Hathaway(BRK.B)$ PCT: Charlie Munger Wisdom V10.0 . PCT = Pandas Coffee Talk. Source: YouTube: Quotefancy: Top 40 Charlie Munger Quotes: *please don't copyrights commonsense. These copyrights belong to Tiger: RickPANDA ghostwriter to YouTube: Quotefancy ghostwriter to Charlie Munger. Me PANDA here is just trying to consolidate all wisdom learnings to answer a BBA Question: how the hell Charlie Munger created Berkshire. (01) Take a simple idea & do it seriously. (02) Don't sell anything you won't buy. Don't work for anyone you don't like. (03) People calculate too much but think too little. (04) Big money is not in buying & selling. But in waiting. (05) Never know a wiseman who don't read. (06) You just need to be wiser tha
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    • koolgalkoolgal
      ·2023-11-30

      A Tribute To Charlie Munger and How He had Influenced Me In My Investing

      🌟🌟🌟People will remember Charlie Munger not for how rich he became but for his wisdom and kindness he was known for.  Charlie Munger may have been Warren Buffett's right hand man but he was  just as inspiring as Warren Buffett in his own way. I had a light bulb moment when I came across this quote by Charlie Munger.  "The Big Money Is Not in the Buying and Selling, But In the Waiting" That saying is very profound in meaning to me.  It speaks of Patience and Time in the Market.  It means having strong belief and conviction in the stocks that I choose to buy.  It means holding onto these stocks over time to let the magic of compounding happen.  A good example of this is my investment in $Alphabet(GOOGL)$
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      A Tribute To Charlie Munger and How He had Influenced Me In My Investing
    • TigerOptionsTigerOptions
      ·2023-11-29

      Remembering Charlie Munger

      A Legacy of Wisdom and Investment Mastery Charlie Munger The passing of Charlie Munger at the age of 99 marks the end of an era in the world of finance. Munger, the long-time vice chairman of Berkshire Hathaway and Warren Buffett's trusted confidant, leaves behind a legacy defined by wisdom, sharp insights, and a profound impact on the investment landscape. All I want to know is where I'm going to die so I'll never go there Charlie Munger's famous quote, "All I want to know is where I'm going to die so I'll never go there", encapsulates his approach to investing and decision-making. Munger believed that learning what not to do was often more critical than figuring out what to do. This philosophy, grounded in the understanding of human behavior and the timeless principles of investing, gu
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      Remembering Charlie Munger
    • Tiger_SGTiger_SG
      ·2023-11-29

      Berkshire Hathaway's Charlie Munger dies aged 99, RIP

      Charlie Munger dies, traders lament "The investment community has lost a champion"(Nov. 28) Berkshire Hathaway announced in a statement that the company's vice chairman, Charlie Munger, passed away peacefully in a California hospital this morning at the age of 99.“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation.” Buffett said in a statement.https://www.berkshirehathaway.com/news/nov2823.pdfIn just over a month, on January 1, 2024, Munger will be 100 years old.Many investors lament that "the investment world has lost a master"Charles T. Munger, Much More Than Warren Buffett's No. 2, Dies at 99 - The New York TimesAs a top investor and wise elder, Charlie Munger is known around the world for his famous aphorisms.In th
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      Berkshire Hathaway's Charlie Munger dies aged 99, RIP
    • jace0777jace0777
      ·2023-11-30

      Charlie Munger R.I.P.: Profound Words and Beyond

      Charlie Munger's wisdom has over time influenced my journey at various points, shaping my perspectives in investing, business, and life. As the vice-chairman of Berkshire Hathaway and Warren Buffett's esteemed partner, his unique blend of wit and wisdom has been more than just educational—it's been transformative. The quotes I've gathered from him are not mere words; they are powerful lessons that have deeply impacted my understanding and approach. On Investing and Economics ⏰ The big money is not in the buying and selling, but in the waiting. 🪨 Remember that reputation and integrity are your most valuable assets—and can be lost in a heartbeat. On Knowledge and Learning 🐎 I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learn
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      Charlie Munger R.I.P.: Profound Words and Beyond
    • DT15DT15
      ·2023-12-01
      Some Lessons from Charlie Munger 1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already donating much o
      742Comment
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    • DT15DT15
      ·2023-12-01

      some lessons i learnt from Charlie Munger

      1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already donating much of his wealth to charity. 4. Don’t
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      some lessons i learnt from Charlie Munger
    • ysawmysawm
      ·2023-11-29
      Today, as I reflect on the news of Charles Munger's passing at the remarkable age of 99, I can't help but acknowledge the immense contributions he made to the investment world. Munger, the brilliant mind alongside Warren Buffett, leaves behind a legacy that extends far beyond his longevity. His emphasis on the importance of continuous learning and the pursuit of knowledge resonates deeply with many. "Develop into a lifelong self-learner through voracious reading," he once said, a principle I've embraced to refine my own investment strategy. Munger's approach was not merely about numbers and financial statements; it was a holistic view that considered the psychology of markets and human behavior. This perspective has been a compass for me, reminding me to look beyond the surface and underst
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    • HueiKwangHueiKwang
      ·2023-11-30
      [Charlie Munger, 1924 - Eternity] “All I want to know where I’m going die so I’ll never go there” “The big money is not in buying and selling, but in the waiting” ”If all you succeed in doing in life is getting rich by buying little pieces of paper, it’s a failed life. Life is more than being shrewd in wealth accumulation.“ ”Remember that reputation and integrity are your most valuable assets – and can be lost in a heartbeat.“ ”A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage etc.“ ”Envy is a really stupid sin because it’s the only one you could never possibly have any fun at. There’s a lot of pain and no fun. Why would you want to get on that trolley?“ ”Confucius said that real knowledge is knowing the extent of one’s ignorance.
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    • HLPAHLPA
      ·2023-11-30
      Yes, indeed, rest in peace to Charlie Munger, our trading guru incomparable. His impact on me was not in trading but in the video when he was intervied by CNN live on what he thinks of my deceased former prime minister and then minister mentor, , Mr Lee Kuan Yew. Google Charlie Munger on Lee Kuan Yew  and Singapore's success. In that video, Charloe Munger shared his thoighys on the economic miracle of Singapore under the baton of Mr Lee Kuan Yew and how it influenced China's success politically, socially and of coirse economically. That video showed the humility of Charlie Munger. Being the great man himself, being the vice-chairman of Berkshire Hathaway, he praised the man whom he admired most, no holds barred. I was so touched then and went on to read up on the man. Yes, C
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    • WinnersFundWinnersFund
      ·2023-11-29
      Charlie Munger, the brilliant investor and longtime partner of Warren Buffett, passed away at the age of 99. Munger, born on January 1, 1924, was a towering figure in the world of finance, leaving an indelible mark on the investment landscape. Throughout his storied career, Munger was widely admired for his sharp intellect and no-nonsense approach. His advice to investors reflected a blend of wisdom and pragmatism. He often emphasized the importance of patience, rationality, and a long-term perspective in the face of market fluctuations. Munger's famous mantra, "It's not supposed to be easy. Anyone who finds it easy is stupid," served as a reminder that successful investing requires diligence and a willingness to confront challenges. He believed in the power of learning from a variety of d
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    • Rick13Rick13
      ·2023-11-30
      Charlie Munger is an American businessman, investor, and vice chairman of Berkshire Hathaway, the multinational conglomerate headed by Warren Buffett. Munger is known for his sharp wit, wisdom, and his contributions to the field of value investing. If you have specific questions about Charlie Munger or his investment philosophy. Charlie Bunga Explanation It seems like "Charlie bunga" might be a phrase or name, but I'm not familiar with it. Can you provide more context or clarify? Charlie Munger is an American businessman, investor, and vice chairman of Berkshire Hathaway, the multinational conglomerate headed by Warren Buffett. Munger is known for his sharp wit, wisdom, and his contributions to the field of value investing. If you have specific questions about Charlie Munger or his investm
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    • XianLiXianLi
      ·2023-11-29

      Cherished Advices from Munger!

      $Berkshire Hathaway(BRK.B)$ $Berkshire Hathaway(BRK.A)$“It takes character to sit with all that cash and to do nothing. I didn’t get to be where I am by going after mediocre opportunities.” -Charlie Munger"The best armor of old age is a well spent life preceding it." -Charlie M.The end of an era. Many more beautiful things than this will be said in the coming days, but I learned a lot from Charlie and would like to give him his due from my perspective, somewhere.My grandparents were immigrant laborers who came to America with nothing, and their parents couldn't read or write. They had to pay other people to write for them. There was no excess of money. My own parents spent their lives working class but
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      Cherished Advices from Munger!
    • SejungSejung
      ·2023-12-01
      It's 1931, and a boy and girl, both about seven years old, are playing on a swing set on N. 41st St. in Omaha. A stray dog appears and, without warning, charges. The children try to fight the dog off. Somehow, the boy is unscathed, but the dog bites the girl. She contracts rabies and, not long after, dies. The boy lives. His name? Charles Thomas Munger. Charlie Munger told me that story when I asked the vice chairman of Warren Buffett's Berkshire Hathaway, "what do you think of people who attribute their success solely to their own brilliance and hard work?" “I think that's nonsense,”Munger snapped, then told his story.“That damn dog wasn't 3 inches from me,”he said. “All my life I've wondered: Why did it bite her instead of me? It was sheer luck that I lived and she died.” He added:“The r
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    • jasmine_tanjasmine_tan
      ·2023-12-01
      'It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.' -Charlie Munger So applicable when we are operating outside our circle of competence, especially in situations when we are first starting out.  Think about the first time you started investing. Or cooking your first meal. Or attending your first business networking event.  Personally, I have made so many mistakes in new forays that have set my progress back. For instance, losing thousands in the Celsius bankruptcy as a new investor, where I could have placed it in safer bets such as index funds instead for steadier gains.  Have a similar story to share? And how would the outc
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    • VideoLoungeVideoLounge
      ·2023-11-29
      [Charlie Munger: When Warren and I were starting, I never thought we would ever get to $100 million'] CNBC's Becky Quick joins 'Fast Money' to discuss her recent interview with Charlie Munger ahead of what would have been his 100 birthday. Long-time business partner of Warren Buffett, Munger died at the age of 99. $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$
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    • YNWIMYNWIM
      ·2023-11-29
      $Berkshire Hathaway(BRK.B)$ $Berkshire Hathaway(BRK.A)$ I'm truly sorry to hear about Charlie Munger's passing. His contributions to the world of finance and his wisdom will be remembered. May he rest in peace, and my condolences go out to his family, friends, and colleagues during this difficult time.However, Owned BRKB and followed the company for years. I personally don't think Warren and Charlie's successors will be able to keep it all together. They will for awhile but eventually, if you have a long horizon I think I'll see the break up of berkshire. Probably very unpopular as an opinion but I think the short term greed of the next generations will win out.
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