Charlie Munger

Charlie Munger once saw a mad mathematician over a leaky house in the Great Depression and learned an important life lesson

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Charlie Munger once saw a mad mathematician over a leaky house in the Great Depression and learned an important life lesson

Charlie Munger I once recalled a moment from my childhood during the Great Depression – watching a brilliant but financially fragile man reveal a small crisis in the household. In April 2022, during a conversation with Todd Combs at the Singleton Prize for CEO Excellence event, the late Berkshire Hathaway the vice president reflected on … Read more

Charlie Munger once said that you can “gas off” when you hit this milestone, and Mark Tilbury agrees

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Charlie Munger once said that you can “gas off” when you hit this milestone, and Mark Tilbury agrees

Mark Peterson/Getty Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. While joining the millionaire club may be out of reach for many young Americans, the power of compounding can make it possible. It’s simple: you invest a small amount of money each month in a low-cost index … Read more

Charlie Munger said, “Find a way to get your hands on $100,000,” even if it means going all over the place—the magic number if you want to be rich

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Charlie Munger said, “Find a way to get your hands on 0,000,” even if it means going all over the place—the magic number if you want to be rich

Charlie Munger didn’t believe in shortcuts, but he did believe in thresholds. And if you ever asked how to get rich, he had a number ready: $100,000. Hit that, he said, and you’ll have the drive to keep going. Fail to hit it and you’ll be spinning your wheels forever. Munger, who died in 2023 … Read more