Investing legend Charlie Munger passed away this week. Below are some of the most interesting Munger stories, facts and quotes I have come across in recent years. Click here to subscribe to our free weekly newsletter and get this post delivered to your inbox each Saturday morning.
If nothing else, Charlie was an “expert-generalist.”
Billionaire Charlie Munger's favorite life hack can help anyone be more successful http://t.co/1ed4NVC60a
— Jesse Felder (@jessefelder) July 15, 2015
Never shy to express his opinion, Charlie was clearly not a fan of “financial innovations.”
"It's just that investment banking profession will sell shit as long as shit can be sold." -Charlie Munger https://t.co/FY5anPOeYR
— Jesse Felder (@jessefelder) January 20, 2022
He also became concerned in recent years about what the demand for those innovations suggested about stock market sentiment.
"I consider this era an even crazier era than the dotcom era." -Charlie Munger https://t.co/LRnPWLtZLq
— Jesse Felder (@jessefelder) December 3, 2021
Charlie was even less impressed by monetary “innovations” like MMT.
'I am so afraid of a democracy getting the idea that you can just print money to solve all problems. In the end, if you end up printing too much, you end up like Venezuela.' -Charlie Munger https://t.co/LsN43LjeZt
— Jesse Felder (@jessefelder) May 6, 2019
Finally, the man stood as a testament to perseverance and the undying pursuit of knowledge and self-improvement.
If Charlie Munger Didn't Quit When He Was Divorced, Broke, and Burying His 9 Year Old Son, You Have No Excuse https://t.co/ePcNXgpfnr
— Jesse Felder (@jessefelder) August 2, 2018
May he rest in peace.
