Charlie Munger Dies at 99 (1924-2023)

Who was Charlie Munger?

Charlie Munger is the Vice Chairman of Berkshire Hathaway and Warren Buffett's longtime business partner, known for his insightful investment philosophy.

Lesson 1

Multidisciplinary Approach

Seek insights from diverse fields to enhance decision-making while investing.

Lesson 2

Circle of Competence

Stick to what you know; invest in areas within your expertise.

Lesson 3

Long-Term Perspective

Prioritize patience and hold quality investments for the long term.

Lesson 4


Instead of focusing solely on how to succeed, he advises investors to think about how to avoid failure in investing.

Lesson 5

Continuous Learning

Embrace lifelong learning for informed decisions and adaptability.

“The big money is not in the buying or selling, but in the waiting”

Charlie Munger