The Wisdom of Charlie Munger

Charlie Munger, one of the true investing greats, passed away this week at the age of 99. Charlie partnered with Warren Buffett over decades to build Berkshire Hathaway into the US$780 billion conglomerate (and eighth largest company in the world) it is today. As well as his investing prowess, Charlie was renowned for his independent thought, practical advice, and sharp wit. Worried about inflation? Charlie’s response: “If I can be optimistic when I’m nearly dead, surely the rest of you can handle a little inflation.” Charlie cut through the noise. His insights and strategies offer lessons for all investors.