Charlie Munger: 100 Years of Wisdom Summed up in 20 Minutes

Charlie Munger is simply *Pragmatic*. I learned a lot from his wisdom.

Munger every words is life learning and wishes for long live

Step 1 - be born rich and powerful. Step 2. Step 3 - profit. Step 4 - tell people it's their fault they weren't born that way.

We all have heard "A wise man once said"
He is that wise man.

Yes Benjamin Franklin!

Imagine repeating as a checkers champion after 65 years

😀🙂🥰

😢😢🎉😢

3 of the 4 investments mentioned are deep state. No thank you.

Years after a capitalistic boy from Albania is learning from him, beauty of the world.

Rooting for Charlie - 100 years old on 1st January 2024

This guy is evil, and a complete narcissist.

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125,000 bond/stock portfolio.

News alert, no one is a ‘self-made’ billionaire.

I don't know who needs to hear this but i couldn't afford rent 2 years ago, now i can. Couldn't buy a Tesla a year ago now i have both a tesla car and lots of tesla stock, my point is building wealth is in your mindset, work on that and your financial potentials becomes exponential, develop habits like avoiding debt, cutting costs and most importantly, regularly putting money away in intervals for investments .My advice is to start with the stock market, it has plenty of opportunities to earn..Trust me I was able to grow to 7 figures just on a diverse portfolio strategy spread across bluechips, top etfs and coins and i didn't even have to lift a finger because my broker James Fletcher Brennan did all the hard work, he handles all my investments and ensures I stay above the market

Each generation it is getting more well you know. HIs generation was the last great one the next one was good and now forget it.

Brilliant straight forward talk…. We need more people like him today. Speaking the truth not bs….

Love this guy one of the best

Hopefully one day AI will be smart and it knows you are right. So the extremist may found out themselves stupid in the end.

Most people who are really successful also got some very very lucky breaks, right place right time, met the right people.

“Always try and bust at least one nut daily😏”
-Charlie Munger, 2023

RIP legend

RIP to one of the greats of LONG TERM investing.

Rip

RIP

R.I.P

What does it profit a Man if he gains the Whole World but loses His Eternal SOUL? Charlie and Warren had great Wealth and power but gave much of it to Universities which poisoned the entire world Instead of Spreading the Gospel of JESUS CHrist who Blessed the Western World and through Them the Entire World. Now Charlie will spend Eternity in Hell Fire instead of Heaven because he rejected JESUS and Failed to Use his power and wealth to spread the Message of JESUS. Eternity in Heaven or HELL it is still your choice. REPENT NOW for the time is short before JESUS returns and GOD brings Judgment on the Entire World Before HE finally Judges each person to HEaven or Hell.

Amazing to listen to him. He makes things so simple, yet it's a lifetime of continuous learning that helps one recognise problems and their immediate answer.

Hear what ‘Charlie Munger has to say about Lee Kuan Yew of Singapore

Nice

He admits incentives for everything in business and yet lays forth no incentive for the "crazies" to learn more disciplines and stop being crazy. Ergo, they won't. Lol Brilliant.

Thank you Charlie for sharing your wisdom. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good resource to learn his investing principles.

He’s sure right about crazy commies in Academia

Okokok

Charlie and Warren is all you need for great financial and life advice. 😀

Bitcoin = Rat poison square which is lollapalooza with all time high

Friend of Bill Gates and all the elite bent on reducing the population of this planet.

He's not exactly self-made. He came from a privileged background.

Charlie Munger is a fountain of wisdom common sense analytical abilities with humility. I love this man.

99 yrs*

polybutelene
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I am older.
1. I will express part of what he is attempting to communicate in a different fashion.
In school, we are not taught to question our assumptions and ideology. You are indoctrinated and graded and advanced in school if you parrot what you are taught.

2. Yes, Ben Franklin was an observer. Read his observations about the printers in England. They were the most highly compensated and literate people . . and why they did not advance. I am a listener. One night I was at a dinner party. A former Kapo was the party. His daughter had told me about his life. He spoke to people and everyone was delighted. He asked about people's opinions, interests, goals, families. He said nothing about his life experiences, his education, his employments. I understood how he had survived the Nazi concentration camps and the vote of the barracks of whether he lived or died. And other Kapos died. No one knows me education, employment or former licenses . . . not even my doctors. And I know a lot about my doctors, dentist, lawyers, enrolled agents, auto repairman.

3. Simplifying. Have you read Einstein's papers? I have. He reduced his discussion to simple examples. Did I understand everything? No. But I understood a lot more than if he had not used simple examples..

Very wise words.

I prefer the advice of Jesus to the advice of the people of money
😂😂🎉.
This is actually the wrong advice 😮

Brutally honest and refreshingly original. Who says sages no longer exist. The oracle of the oracle of Omaha, may you RIP!🥲

So done with the term "self-made". No one is self-made. And that isn't a criticism, it's just how the world works imo. There is a whole team of people that went into making this man who he is. That doesn't mean he didn't work for it. Someone can lay the path for you, but you still have to walk it. But the idea of "self-made" that capitalism likes to sell is not how it works.

Comment on Munger's life. People are largely unaware that he divorced at age 29, became destitute, and shouldered the medical bills of his dying son. He also lost an eye in a botched surgery.

We all have our ups and downs. You play the hand you are dealt. I didn't get divorced - my wife died leaving me with a little one. I didn't get remarried. Surgery? I was not able to type, print or understand what I was reading after surgery. The doctors wanted me to do crossword puzzles. I decided to learn another language and did so. Never give up.