Charlie Munger is an American investor, lawyer, and philanthropist who served as the vice-chairman of Berkshire Hathaway from 1978 to 2023. He is widely respected for his value investing principles and his insightful commentary on a wide range of topics, including business, economics, and psychology.
Munger was born in Omaha, Nebraska, in 1924. He graduated from the University of Michigan and Harvard Law School, and he practiced law for several years before joining Warren Buffett’s investment partnership in 1959. Munger played a key role in Berkshire Hathaway’s success, helping to build the company into one of the most successful value investors in history.
Munger is known for his contrarian approach to investing. He believes that investors should focus on identifying companies that are trading for less than their intrinsic value, regardless of what the market thinks. He is also known for his emphasis on discipline and emotional control, which he believes are essential for long-term success in investing.
He is a prolific writer and speaker, and he has written or co-written several books, including “Poor Charlie’s Almanack: The Wit and Wisdom of Charlie Munger” and “A Lesson on Elementary, Worldly Wisdom As It Relates to Investment Management & Business.” He is also a frequent speaker at investment conferences, and his insights are highly sought after by investors around the world.
Munger is a generous philanthropist, and he has donated billions of dollars to charity over his lifetime. He is a trustee of the University of Michigan and the California Institute of Technology, and he has also made significant donations to the American Red Cross and the Salvation Army.
Munger is a legend in the world of investing, and his insights continue to be influential today. He is a role model for investors and businesspeople around the world, and his legacy will continue to inspire generations to come.
