Watch Legendary Investor Charlie Munger's Final Interview With CNBC
CNBC・2 minutes read
Charlie Munger was a significant figure who modeled himself after Benjamin Franklin, with a legacy of wisdom and wit. Munger emphasized the importance of avoiding pitfalls in investments and continuously improving strategies for long-term success, while also discussing historical contexts and the vulnerability of successful companies.
Insights
- Charlie Munger, Warren Buffett's partner, was a significant figure advocating against corporate excess, modeled after Benjamin Franklin, studying diverse subjects and leaving a legacy of wisdom.
- Munger's exposure to various fields and historical contexts shaped his perspective on progress, with lessons from Kodak's bankruptcy and the importance of diversification in investing.
- Buffett's emphasis on avoiding leverage, learning from mistakes, and focusing on long-term success through continuous improvement and seizing opportunities, despite concerns about global conflicts and challenges in public policy.
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Recent questions
Who was Charlie Munger?
Warren Buffett's confidant and business partner.
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