Charlie Munger was born in Omaha, Nebraska in 1924. He grew up in a family with modest means. Despite this, Charlie was ambitious and earned a scholarship to the University of Michigan Law School. There, he developed a passion for investing. This interest led him to partner with Warren Buffett at Berkshire Hathaway in the 1970s. Charlie’s excellent financial judgment and ethical investing approach have been key to the company’s success.
Today, Charlie is known as one of the world’s most respected investors. His insights on investing, life, and business are widely sought after. Charlie Munger’s journey shows that with determination, anyone can achieve greatness, regardless of their background.
Munger is publicly known for being very against cryptocurrencies. He even specifically referred to Bitcoin as “noxious poison”. Jim Cramer believes that both Warren Buffett and Charlie’s views on Bitcoin and other cryptos are wrong.
Charlie Munger had a failed eye cataract surgery that left him blind in his left eye.
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Those who keep learning will keep rising in life.
Charlie Munger
The best thing a human being can do is to help another human being know more.
Charlie Munger
You need patience, discipline, and agility to take losses and adversity without going crazy.
Charlie Munger
It’s not supposed to be easy. Anyone who finds it easy is stupid.
Charlie Munger
Knowing that you don’t know is more useful than being brilliant.
Charlie Munger
If you keep learning all the time you have a huge advantage.
Charlie Munger
Like Warren, I had a considerable passion to get rich, not because I wanted Ferrari’s -I wanted the independence. I desperately wanted it.
Charlie Munger
Just the discipline of having to put your thoughts in order with somebody else is a very useful thing.
Charlie Munger
Opportunity comes to the prepared mind.
Charlie Munger
I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself.
Charlie Munger
Simplicity has a way of improving performance by enabling us to better understand what we are doing.
Charlie Munger
Live within your income and save so you can invest. Learn what you need to learn.
Charlie Munger
A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.
Charlie Munger
It’s waiting that helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred -gratification gene, you’ve got to work very hard to overcome that.
Charlie Munger
When you borrow a man’s car, always return it with a tank of gas.
Charlie Munger
