A Conversation with Charlie Munger and Michigan Ross - 2017

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  • Опубліковано 19 гру 2017
  • To jump directly to the conversation with Charlie, click here: 2:57
    To jump directly to Charlie's discussion of bitcoin and cryptocurrency, click here: 38:40
    Charlie Munger, Vice Chairman of Berkshire Hathaway, joins Michigan Ross Dean Scott DeRue for a conversation about Mr. Munger's life, career journey, philanthropic legacy, and his thoughts on a few current global trends. Recorded Nov 30, 2017 in Los Angeles as part of an event for alumni of the Ross School of Business at the University of Michigan.
    Scott DeRue and Charlie Munger are introduced by John E. Conlin, President of NWQ Investment Management Co.

КОМЕНТАРІ • 449

  • @leondonald
    @leondonald 11 місяців тому +1105

    This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

    • @DavidRiggs-dc7jk
      @DavidRiggs-dc7jk 11 місяців тому +3

      These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If youre not ready for it, you shouldnt be in the market business. or get you a skilled practitioner.

    • @theresahv
      @theresahv 11 місяців тому +2

      Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of Julie Anne Hoover my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…

    • @philipr1759
      @philipr1759 11 місяців тому +2

      @@theresahv Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach

    • @theresahv
      @theresahv 11 місяців тому +2

      Finding financial advisors like Julie Anne Hoover who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @philipr1759
      @philipr1759 11 місяців тому +1

      @@theresahv Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @patrickbrussels4454
    @patrickbrussels4454 10 місяців тому +437

    Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

    • @jessicasquire
      @jessicasquire 10 місяців тому

      You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.

    • @Lemariecooper
      @Lemariecooper 10 місяців тому

      That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success.

    • @Lemariecooper
      @Lemariecooper 10 місяців тому

      Heard many good recommendations about Stephanie Kopp Meeks by some YT channels, Seminars and other platforms

    • @jessicasquire
      @jessicasquire 10 місяців тому

      Thanks so much I was able to find her page and I already leave her a message.

    • @Erikkurilla01
      @Erikkurilla01 10 місяців тому

      The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires, I'm surprised you know her too . Stephanie is Good!

  • @saikatbanerjee9612
    @saikatbanerjee9612 2 роки тому +111

    “I didn’t want to get rich.. just wanted to be independent.. I just overshot” - Charlie Munger 🙏🙏

    • @akashsolucky
      @akashsolucky Рік тому

      Are you an SRM University graduate?

    • @saikatbanerjee9612
      @saikatbanerjee9612 Рік тому

      @@akashsolucky Nope!

    • @andrewryan1223
      @andrewryan1223 Рік тому

      I agree. Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named SAM DEYMON, I can say with certainty that their skills are excellent. he helped raise over $580,000 in8 months from an initially stagnant portfolio of $50,000.

    • @sevendHruv
      @sevendHruv Рік тому

      my portfolio performance which has made a jaw dropping $473k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.

  • @canefan17
    @canefan17 5 років тому +348

    I enjoy his lectures more than Buffett because he’s very frank

    • @surajpatil7242
      @surajpatil7242 4 роки тому +25

      And has more wisdom of life

    • @christophercatto7184
      @christophercatto7184 4 роки тому +22

      very accurate observation. it's good and interesting that the two have different and complementing personalities, the humour, the optimism but also the zero-bullshit realistic vision. for any of us who have never lived through world wars or great depression, we could learn a lot from anyone who has had to live at times where you had to simply worry about food on the plate or a roof.

    • @crysty200718
      @crysty200718 3 роки тому +10

      I also like Charlie more. Warren is great also.

    • @EMERGENCYBROADCAST2024
      @EMERGENCYBROADCAST2024 3 роки тому +10

      Yea buffet is a diplomat

    • @nbme-answers
      @nbme-answers 3 роки тому +15

      @@EMERGENCYBROADCAST2024 Nicely put. Warren wants to be liked and Charlie .. well .. Charlie doesn't give a rat’s ass!

  • @Pammulli_
    @Pammulli_ Рік тому +660

    Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...

    • @hermanramos7092
      @hermanramos7092 Рік тому +3

      It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing....

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +1

      @@hermanramos7092 i've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free...

    • @hermanramos7092
      @hermanramos7092 Рік тому +1

      @@lipglosskitten2610 Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +1

      @@hermanramos7092 -Have you heard of‘’Catherine Morrison Evans’’ ? She gets featured regularly on CNBC. I myself use tax-deferred accounts to hold my investments. That way I avoid capital gains taxes. There are other options your advisor could brief you about....

    • @kenanporubsky2122
      @kenanporubsky2122 Рік тому

      @@lipglosskitten2610 Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

  • @sportsguy86ify
    @sportsguy86ify 6 років тому +197

    this man is 94 years old and sharp as a tact

  • @georgesotiriou7051
    @georgesotiriou7051 6 років тому +227

    Thank you Mr Munger for all the knowledge you have shared over the years. Poor Charlie's Almanack is one of the best books a person can read.

    • @harishpadikar
      @harishpadikar 6 років тому +4

      george sotiriou so true

    • @DMills888
      @DMills888 4 роки тому +3

      Absolutely brilliant book!

    • @maddysydney
      @maddysydney 3 роки тому +2

      Just ordered it

    • @fixedgearfever69
      @fixedgearfever69 2 роки тому

      Munger tell you about his love of the CCP?

    • @MrTobi4
      @MrTobi4 2 роки тому +1

      I feel I will need a life of re-reading and pondering to really get the most out of his book. A true Bible.

  • @joshuanicklin6815
    @joshuanicklin6815 6 років тому +47

    I feel like this should have gone on for 6 more hours.

  • @billpholde4816
    @billpholde4816 3 роки тому +63

    What I like about this guy is how logical and unimpressed he is.
    When I was young, I used to think "old" people just didn't get it. They weren't interested in the music and movies, or the musicians and actors I thought were "cool". What I didn't realize was that they had seen it all - everything I had seen and then some.
    Charlie's lifetime included the Great Depression, WWII, Marylin Monroe, Frank Sinatra and the Rat Pack. Is he supposed to be impressed by The Iraq "War", The Kardashians, drug-addicted rock bands smashing-up hotel rooms or Prince Harry and his boss?
    Most people envy Charlie Munger because he's rich. I envy the fact that he created his success using his mind and that he's independent enough not to care what people think.

    • @misasylvester3744
      @misasylvester3744 Рік тому

      @@angeliqueramin6177 It took me a while to figure out how to consistently earn from stocks, but I’ve gotten to learn that a diversified stocks portfolio is key. I started investing in stocks from different sectors, dividend stocks, etfs, reits, unicorns, and my monthly income increased to over $40,000 with Mr Sam Deymon guidiance.

    • @JenniferLawrences
      @JenniferLawrences Рік тому

      Out of curiosity, I searched for Sam using he's full name and he seems pretty tight and outstanding. So I booked trade session with him on telegm..

    • @JudithkerrinKerrin
      @JudithkerrinKerrin Рік тому

      No doubt, I gained more knowledge and a better understanding of trading with Sam Deymon strategy. 2.05 BTC. And I'm still expecting much more.

    • @Bmayo-se2yg
      @Bmayo-se2yg Рік тому

      He appears to be well-educated and well-read thank you for sharing i'm on my 4th trade with Sam no issues..

    • @werajerry1994
      @werajerry1994 Рік тому

      Mr Sam service available.

  • @infjt6965
    @infjt6965 3 роки тому +43

    Charlie Munger is the most upfront and frank guy you can get without coming across as rude. I always appreciate his honesty and how he’s never scared to say it how it is regardless of how others tip toe around topics, he will always let his audience know the truth. He is also really clever with his humour in softening the hard truths and also getting his audience to listen.

    • @taithangcong4704
      @taithangcong4704 2 роки тому +2

      The intj that all intjs look up to

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      @tdang9528 3 місяці тому

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  • @wallstreettalks101
    @wallstreettalks101 4 роки тому +10

    The best thing a Business School can do is to let people like these give the lessons

  • @zjxn06
    @zjxn06 6 років тому +101

    Charlie's comments on Bitcoin are pure gold.

  • @iqbalmatondang
    @iqbalmatondang 6 років тому +155

    listening Charlie Munger is equal with reading a hundred books

    • @BadCoverMan
      @BadCoverMan 4 роки тому +16

      M.I. Matondang As brilliant as Munger is, please don’t actually think that’s true (depending on the books obviously). Reading does more for our brains than most of us ever really know.

    • @mulatto401
      @mulatto401 4 роки тому +10

      Said by every lazy person

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      @tdang9528 3 місяці тому

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  • @maharudar723
    @maharudar723 5 років тому +28

    Skip to the first question (& certain delay ) 4:40

  • @zhangxiaoyu1617
    @zhangxiaoyu1617 5 років тому +18

    Charlie does not sound like a 90 something man, it is really a miracle to have such wise mind at 90s, his life and investment philosophy really shines the way ahead.

  • @clivesmith211
    @clivesmith211 2 роки тому +13

    Brilliant interviewing, allowing Charlie Munger time to talk without interruption unlike some other interviewers

  • @dangbui4666
    @dangbui4666 2 роки тому +8

    He used to be a rifleman, also a lawyer, real estate developer. and the heart of Berkshire

  • @gourabbanerjee3075
    @gourabbanerjee3075 5 років тому +33

    The greatest intellectual man I have ever seen... I wish I could meet this man once in my life....

    • @edwinlee2343
      @edwinlee2343 4 роки тому +8

      never meet your heros

    • @moirangthemvikassingh6175
      @moirangthemvikassingh6175 2 роки тому

      Please watch the nobel table every year . You will enjoy it

    • @martinjanza34
      @martinjanza34 2 роки тому +1

      hurry up!!

    • @TheSmartLawyer
      @TheSmartLawyer 2 роки тому

      Time is running out!

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      @tdang9528 3 місяці тому

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  • @visionwarrior777
    @visionwarrior777 4 роки тому +10

    9:57 "it also helped me that i kept changing my judgements..as I learned more...& more facts came in.... and that created life long habits that were very very useful" - love listening to Charlie share his stories!

  • @sacplissken
    @sacplissken 6 років тому +16

    Thank you for uploading, greatly appreciated,

  • @arulprakash6872
    @arulprakash6872 3 роки тому +9

    I have been following Charlie Munger for a very long time, and this is, by far, one of the most knowledgeable conversations I have ever seen!

  • @rizwann123
    @rizwann123 3 роки тому +3

    Best time invested in Canada day 2021 ... Thanks MS to record and upload. Appreciate the dean who respect Charlie enough not to interept and fully understand the value of providing opportunity Charlie to talk ... Appreciate the way he conducted the interview. Bravo.

  • @chasemurman8104
    @chasemurman8104 6 років тому +77

    Charlie Munger the GOAT

    • @shalomnjuguna1316
      @shalomnjuguna1316 6 років тому +3

      Chase Murman
      Deserved wisdom through hard, smart, and consistent work.

    • @redcae1911
      @redcae1911 5 років тому

      Like federer

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      @tdang9528 3 місяці тому

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  • @TheoreticallyNo
    @TheoreticallyNo 6 років тому +7

    Thanks for uploading this talk.

  • @mdzepina13
    @mdzepina13 6 років тому +15

    It's hard to describe how much respect i pay to this man. Way to go Mr. Munger !

  • @lawolsten
    @lawolsten 6 років тому +26

    What an amazing human being. So much knowledge he has shared with the public domain.

  • @wwz1011
    @wwz1011 4 роки тому +26

    "Most lousy businesses can't be fixed" amen.

  • @christopherrobbins9985
    @christopherrobbins9985 6 років тому +235

    Wise old owl. Listening to Charlie you can learn more than you would from Harvard, Oxford and Stanford put together.

    • @jaybrown9028
      @jaybrown9028 4 роки тому +6

      lol wut

    • @fiddlepants5947
      @fiddlepants5947 4 роки тому +1

      Yea wut? Why those schools out of all the better ones you could have chosen...

    • @mulatto401
      @mulatto401 4 роки тому +11

      Said by the person who never stepped foot in those colleges

    • @willcheung7041
      @willcheung7041 4 роки тому

      @@mulatto401 hhhh

  • @carlitoab
    @carlitoab 3 роки тому +10

    What a legend. Everyone should listen to this wise man.

  • @clnoamorim
    @clnoamorim 5 років тому +21

    That squirrel comment cracked me up

  • @gavinbrando8255
    @gavinbrando8255 3 роки тому +11

    One of the best talks I've heard. Fascinating human being and this could have gone on for hours

  • @Crookqt
    @Crookqt 4 роки тому +40

    "When anger comes in reason leaves" - 45:00 ~

  • @will2110
    @will2110 6 років тому +4

    What a brilliant recall of troubled times and more importantly, a truly rare piece of wisdom!

  • @tel5690
    @tel5690 2 роки тому +8

    Charlie is one of the best people we can learn from today. I do own the tao of Charlie Munger book.
    His wisdom and bold statement is so appreciated.
    This interview is so important

  • @michalpetras984
    @michalpetras984 6 років тому +20

    A fantastic video. Charlie is a phenomenal personality. To listen to him and learn from him is a gift. Love it.

  • @CristobalRuiz
    @CristobalRuiz 3 роки тому +3

    It's like listening to your grandfather telling a story and you are eager to know "and then what grandpa??"

  • @YFolermira
    @YFolermira 6 місяців тому +2

    Great watch! Having harbored financial concerns throughout my entire adulthood, it's intriguing to watch this video and recognize the potential for significant achievements with proper goal-setting. Experiencing the freedom of not being consumed by financial worries that haunted me for numerous years is genuinely liberating. I believe this is the outcome of consistently putting in diligent effort for the future.

    • @antonnohr
      @antonnohr 6 місяців тому +2

      Impressive insights! Navigating and staying informed can be challenging for newcomers. Are you an experienced investor, or do you adopt a systematic approach to stay well-versed?

    • @VickyAlvy
      @VickyAlvy 6 місяців тому +1

      Since my business's inception, my financial advisor has skillfully managed stock transactions in the dynamic market, leading to substantial portfolio growth exceeding $820k in just over a year.

    • @tdang9528
      @tdang9528 3 місяці тому

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  • @HhH55688
    @HhH55688 6 років тому +14

    Charlie speaks very concisely and sharply. It's really enjoyable to watch this conversation.

    • @Ishaq_Vally
      @Ishaq_Vally 5 років тому

      China going to lose trade war or not?

  • @dkny5150
    @dkny5150 2 роки тому +4

    It feels so good to hear someone share knowledge without saying at the end of the presentation “Buy my this/or Buy that”.

    • @TheSmartLawyer
      @TheSmartLawyer 2 роки тому

      Actually he is a reminder to by BH and implicitly the main companies held by BH

    • @dkny5150
      @dkny5150 2 роки тому

      @@TheSmartLawyer I think 95% of the people in the US can not afford to purchase 1 share of BH @ 485k a share. The remaining 5% of the US population that can afford it has financial advisors who s performance is evaluated on trimester bases.

  • @leeboriack8054
    @leeboriack8054 3 роки тому +7

    Charlie speaks volumes with an economy of words. A very rare thing these days.

  • @jaredcorreafitness9666
    @jaredcorreafitness9666 4 роки тому +12

    Simply brilliant. Wise words to take heed of.

  • @polililo
    @polililo 4 роки тому +6

    Very methodical and a great sense of humor. Awesome!

  • @kevi5641
    @kevi5641 2 роки тому +1

    What an amazing man. Charlie with his age, wisdom and down to earth common sense is awesome. A well full of yester year old stories. You could listen to him by the camp fire all night.

  • @rajponnuraj
    @rajponnuraj 6 років тому +6

    Thanks for posting this. Good interview.

  • @chenlim2165
    @chenlim2165 6 місяців тому

    So much wisdom packed into this talk. Especially that economics masterclass in the last 10 minutes. Thanks for posting. Absolute treasure. RIP Charlie.

  • @Jesse1997Earth
    @Jesse1997Earth 6 років тому +9

    Awesome interview!

  • @cartmaneric647
    @cartmaneric647 4 роки тому +6

    Such a great talk, loved every damn second of it! Thank you very much.

  • @danhdang4326
    @danhdang4326 3 роки тому +5

    what an amazing talk. really glad I found this.

  • @Rayquesto
    @Rayquesto 4 роки тому +10

    32:59 "You need to see things from the owner's point of view" That's the key!

  • @josephcoleman6640
    @josephcoleman6640 6 років тому +1

    I Really appreciate this, MROSS vid!!

  • @franciscoantao3794
    @franciscoantao3794 3 роки тому +7

    People like buffet and munger should never die...

    • @saying...
      @saying... 2 роки тому

      Yeah that's wishful thinking.

    • @tdang9528
      @tdang9528 3 місяці тому

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  • @paouvous
    @paouvous 2 роки тому +4

    25:36 speaks to my heart.
    As a lawyer one may hate asking for money from rich people.
    As a doctor a man may hate to ask for money from any people.

  • @SharingInvestingWisdom
    @SharingInvestingWisdom 2 роки тому +4

    Love to hear Charlie Munger's wisdom and maxims about business, investing, and life.

  • @banutennakoon2297
    @banutennakoon2297 6 років тому +3

    Very well done by the interviewee

  • @Bryponce23
    @Bryponce23 4 роки тому +6

    Charlie Munger is my Adam Smith. Thank you Charlie.

  • @MrTobi4
    @MrTobi4 2 роки тому +6

    When you think about it, Charlie has been old now for more than 30 years. Lmfao he’s been older longer than I’ve been alive. This preacher behavior of his is really admirable.

  • @simplerway489
    @simplerway489 3 роки тому

    Lincoln NE will forever be in my heart. Nice people, nice places.

  • @raimondasmarciulevicius7599
    @raimondasmarciulevicius7599 2 роки тому +1

    Together
    UA-cam, Michigan Ross, Ross School of Business, John, Scott, Charlie & I together are strong.

  • @vikasvaswani3397
    @vikasvaswani3397 Рік тому

    A lot of all that I think and act reflects the learnings that I acquired by listening to Mr Munger and Mr Buffet, unknowingly he inspired me to understand life better.

  • @jaidancraig
    @jaidancraig 5 років тому +48

    I love that Charlie Munger and Warren Buffett are always drinking Coke.

    • @phaggott
      @phaggott 5 років тому

      @Fredrik Sjöqvist they probably do get paid but one wonders how substantial the amount would have to be for it to come in as the chief concern of both those dudes in making the decision whether or not publicly sip coke (Pepsi guy myself, McDonald's has a pretty fire coke I have to admit).
      If we really want to get into it I'd posit coke sponsors the events or school and such. Both OGs could have no say in the bottles being there. I have primarily based my first thesis on the apparent authority upon the matter my friend Jaidan Craig displays.
      The latter point being,I think, the most likely answer to your question.

    • @watchettv
      @watchettv 4 роки тому +7

      @@phaggott they have 19 billion worth of coca-cola shares lol

    • @phaggott
      @phaggott 4 роки тому

      @@watchettv I stand corrected

    • @TB1M1
      @TB1M1 4 роки тому +1

      Sugar increases insulin sensitivity.... why do people still not understand this..!!!

    • @naganara3628
      @naganara3628 4 роки тому +1

      That's y warren got prostate cancer

  • @ecotaxz
    @ecotaxz 6 років тому +7

    Same @Alex S. Charlie Munger is The most amazing person anyone should read about and listen to. He is so smart and funny. I admire him.

  • @mayuquitomayu4743
    @mayuquitomayu4743 2 роки тому +4

    32:30-32:49 is brutal. Such a gentle demeanor while telling you of a cunning business that was Berkshire Hathaway, when they were buying companies to liquidate.

    • @thonatim5321
      @thonatim5321 2 роки тому

      Liquidation is often necessary and best for everyone.

    • @tdang9528
      @tdang9528 3 місяці тому

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  • @Great_PatBingsoo
    @Great_PatBingsoo 4 місяці тому

    The late Munger had such an impeccable tact and intellect, having a pulse on modern times while paying homage to his predecessors: "they were backward in a self-reliant way." What a wordsmith.

  • @Guitargate
    @Guitargate 2 роки тому +3

    This is truly tremendous. So succinct. So poignant. So obviously true.

  • @efanshel
    @efanshel 6 років тому +2

    Just Great!

  • @EvaGreenFanPennyDreadful
    @EvaGreenFanPennyDreadful 6 років тому +15

    Holy crap...this man understands human psychology perfectly. His comment on "someone will be able to create more bitcoin" is just awesome.

    • @nicholasalexander9916
      @nicholasalexander9916 6 років тому +2

      Evan Green it’s impossible to create more bitcoin. Mr. Munger is blatantly wrong and very uneducated on the subject.

    • @EvaGreenFanPennyDreadful
      @EvaGreenFanPennyDreadful 6 років тому +4

      He knows that. He mentions it. He understands incentives.

    • @JustinIm27
      @JustinIm27 6 років тому +4

      Nicholas Alexander Don't take it so literally. He means things like Bitcoin cash and other cryptos. There's over 1500 cryptos all created in the last couple months. Most of em are completely worthless

    • @EvaGreenFanPennyDreadful
      @EvaGreenFanPennyDreadful 6 років тому +2

      ICOs are the biggest bullshit scam, man. 99% of them are fucking useless. Filled with teams of kids.

    • @nishant7005
      @nishant7005 4 роки тому

      @@nicholasalexander9916 by nature complexity has the place to hide fraudulent things. Bitcoin is very complex to understand.

  • @jaiminshah6416
    @jaiminshah6416 3 роки тому +4

    Charlie is an example of utter honesty in both his oratory as well as his professional skills , seemingly, every word was a GODLY PREACHING from HEAVEN with a view to serve humanity on this planet wholeheartedly, moreover, every individual born on this planet is unique , which stays true in case of Mr Munger too , however, his wisdom may positively vicissitude myriads lives of omnipresent as well as upcoming generation's individuals upto some extent, widely dependent on each one's individualistic luck, diaspora , skills , personality traits as well as their countries of origin apparently!!! Long Live Mr Munger and Mr Buffet , Inevitably, Heaven may consider appointment of individuals such as you , which are nearly on verge of extension, to be prioritized for creating our planet a better place to LIVE purposefully and enthusiastically 🤞🧠💎😇🏆🥇👌🏾🥳👑🌹, Fingers Crossed , Amen

  • @emmanuelleroy2915
    @emmanuelleroy2915 4 роки тому +10

    This guy is so humble and intelligent it's truly amazing

  • @XiaoliangZhao2014
    @XiaoliangZhao2014 2 роки тому

    Great host, seamlessly

  • @ah383
    @ah383 2 роки тому +2

    Charlie is great. I can't tell if the interviewer is listening.

  • @Astrotase
    @Astrotase 3 роки тому +6

    Charlie's a boss

  • @jaibholanath955
    @jaibholanath955 4 роки тому +15

    One of the smartest person on planet Earth long live Charlie

    • @saying...
      @saying... 2 роки тому

      I'm not sure he'd agree to that.

    • @tdang9528
      @tdang9528 3 місяці тому

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  • @Ralph-Hurley
    @Ralph-Hurley Рік тому

    It's no wonder that Mr Munger and Mr Buffet have been so successful. They are both absolutely brilliant and a pleasure to listen to. What l like most is the fact that Mr Munger just speaks plainly in terms that anyone can understand. Really admire both gentlemen.

  • @zzd7ry
    @zzd7ry 7 місяців тому

    Really sad news, we lost a wolverine today. Brilliant one liners, will miss his wit and wisdom. His obituaries are testament to a life well lived. Watching his interviews are the best way to spend an hour. You will be a better person because of that.

  • @tez830
    @tez830 6 років тому +4

    Yes to more independence!!

  • @a.wodehouse2393
    @a.wodehouse2393 3 роки тому

    Wonderful!

  • @erich9779
    @erich9779 2 роки тому +2

    ah we are at the right PLACE AND TIME to hear the genius talk and for that, I'm pretty lucky and bless :D

  • @chrisniner8772
    @chrisniner8772 4 роки тому +8

    There is a 500 yard no BS zone around Charlie.

  • @andredelfranco1335
    @andredelfranco1335 6 років тому +30

    Capitalism ROCKS

  • @neonmanas6705
    @neonmanas6705 6 років тому +7

    What a great man.

  • @Ainappa
    @Ainappa 2 роки тому +1

    We need a movie or even an HBO series about Charlie and Warren

  • @JesseMongia
    @JesseMongia 5 місяців тому

    as a retired person and excon with that grew up with coffee cans holding up the sofa cause the legs were long gone .I now have a nice house and owe it all to the Lord for being there always and even in times when I didn't know it .

  • @maikaimakena9424
    @maikaimakena9424 Рік тому

    Long live this wise man. Grateful to record his brilliance for all to see

  • @candyfloss184
    @candyfloss184 2 роки тому +1

    Anger comes when reason leaves.

  • @YasinNabi
    @YasinNabi 2 роки тому

    this is a wonderful video, subbed !

  • @benkizemchuk
    @benkizemchuk 6 років тому +1

    Entertaining video

  • @truckso2pl
    @truckso2pl 6 років тому +7

    There is no over 100 books on Charlie, just a few in fact

  • @hasnatsafder7463
    @hasnatsafder7463 5 років тому +4

    Awesome interview, is Charlie Munger coming for another one this year?

  • @Vicky-Blue
    @Vicky-Blue 4 роки тому +3

    Love Charlie !

  • @Gonefishing1913
    @Gonefishing1913 4 роки тому +2

    I like the way they put the two cola bottles together to spell coke for that camera.

  • @aaronramsden1657
    @aaronramsden1657 4 роки тому +8

    I sincerely hope I am as mentally sharp as Charlie if I ever live to his age

  • @oddkarsten861
    @oddkarsten861 6 років тому +11

    Luck will always be a big factor. Don´t ever underestimate chance.

  • @Shiro642
    @Shiro642 6 років тому +1

    Can i use parts of this video for re-upload on youtube????

  • @saikatbanerjee9612
    @saikatbanerjee9612 2 роки тому +1

    The interviewer talked more than he should have! Charlie never talks more than he needs to.. So just let the man speak and do not interrupt!!!

  • @JorgePerez-xz8kz
    @JorgePerez-xz8kz 4 роки тому +5

    The interviewer is anxious to ask the next question. Not even acknowledging what Charlie munger is saying.

  • @cemendur
    @cemendur Рік тому

    That's such an ocean of knowledge and experience he has. It's very calming listening to Charlie Munger

  • @investireocaminho33
    @investireocaminho33 4 роки тому

    Great

  • @sbfhawk4343
    @sbfhawk4343 2 роки тому +1

    I respect both his and Buffets knowledge and understanding of the Markets and how things have been run for the last 60 years. I respect them but they are not fit to understand XRP and Bitcoin and the coming changes. That is where we differ but that is okay not everybody understands how this is going to work.

  • @windsong3wong828
    @windsong3wong828 2 роки тому +3

    Love it ….Charlie is smart.

  • @Kahugzzz
    @Kahugzzz 2 роки тому +2

    I love his sense of humor 😹