Charlie is known for his fluent, multidisciplinary mind. Trained as a meteorologist during World War II and as a lawyer at Harvard before devoting himself to business...
Do famous investors make mistakes? They most certainly do – all the time! One case which made current headlines was how Michael Burry covered his short position in Tesla.
Most recently, Charlie Munger doubled down on his position in Alibaba. Is he completely out of his mind or does he know something we don’t?
Who is Charlie Munger and what is he famous for?
Charlie Munger and Warren Buffet have been working together for almost 50 years now and although Munger’s net worth is less than 2% of Buffet’s, they have grown old (and rich) together.
In my research, what I found most interesting about Munger is how knowledgeable he is in multiple industries. I can’t quite put that into words, but perhaps this quote can provide some clarity.