Charles Thomas Munger (January 1, 1924 – November 28, 2023) was an American businessman, investor, and philanthropist. He was vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett described Munger as his closest partner and right-hand man. Munger was known for his eccentric personality, his wide-ranging knowledge, and his insights into human nature and business. He was also a prolific writer and speaker, and his many quotes are widely circulated in the investment world.
Check Here! Charlie Munger Facts
- Born in Omaha, Nebraska, on January 1, 1924
- Graduated from Harvard Law School magna cum laude in 1948
- Joined Warren Buffett’s investment partnership in 1959 and the leaders within them.
- Became vice-chairman of Berkshire Hathaway in 1978
- Played a key role in Berkshire Hathaway’s remarkable growth and success
- Known for his value investing principles and contrarian approach
- Emphasizes the importance of discipline and emotional control in investing
- Author or co-author of several books, including ‘Poor Charlie’s Almanack’
- Generous philanthropist, donating billions of dollars to charity
- Recipient of numerous awards and honors, including the Presidential Medal of Freedom
Charlie Munger’s most notable Quotes
Charlie Munger’s quotes provide valuable guidance for individuals seeking wisdom and success in various aspects of life. His insights into investing, decision-making, and personal development continue to inspire and challenge individuals of all ages and backgrounds.
“The big money is not in the buying or selling, but in the waiting.”
“The best thing a human being can do is to help another human being know more.”
“You don’t have to be an expert on every company, or even many. I only have to be able to evaluate industries and the leaders within them.”
“Go to bed smarter than when you woke up.”
“Invert, always invert. Turn things upside down. Find the flaw in conventional thinking.”
“You’re not learning anything if you’re not making mistakes.”
“The world is not driven by greed. It’s driven by envy.”
“Remember that reputation and integrity are your most valuable assets—and can be lost in a heartbeat.”
“The first rule of compounding: Never interrupt it unnecessarily.”
“The second rule of compounding: Don’t stop.”
“I try to learn something new every day. That way, I get older, not older and older.”
“All of us are human, and we all make mistakes. The important thing is to learn from those mistakes and not repeat them.”
“Life is not a solo flight. It’s a symphony of interconnectedness.”
“If you don’t learn to control your emotions, someone else will control your money.”
“The best way to predict the future is to create it.”
