Charlie Munger (Audio)

We sit down with the legendary Charlie Munger in the only dedicated longform podcast interview that he has done in his 99 years on Earth. We’ve gotten to have some special conversations on Acquired over the years, but this one truly takes the cake. Over dinner at his Los Angeles home, Charlie reflected with us on his own career and his nearly 50-year partnership at Berkshire Hathaway with Warren Buffett. He offered lessons and advice for investors today, and of course he shared his speech on the virtues of Costco once again (among other favorite investments). We’re so glad that we got the opportunity to record and share this with you all - break out your notebooks, tune in, and enjoy the singular wit and wisdom of Charlie Munger.
Full episode transcript: www.acquired.fm/episodes/char...
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

[@AnthonyHansenJackson]

Rest In Peace Mr. Charlie Munger. Legendary Interview guys.

[@Jbucks24]

Can’t believe this was his last interview…

[@ajmzungulu7492]

only it wasn't

[@msmanchez626]

I miss him so much. I grew up without a parental figure. He’s helped this poor little peruvian live a better life. Thank you Charlie . For everything.

[@michaelkwong317]

RIP Mr Charlie Munger, I listened to this podcast last week not knowing it was going to be his last. However your lessons on life and investing will continue to stay on and and they will carry us all over our lifetimes. My hats off to you Mr. Munger.

[@sul923]

No way, going to listen to this later

[@ksariash]

RIP Charlie - Here to listen to his last bits of advice 😢

[@DS-uo1zy]

this makes me more sad than any other celebrity passing :( he felt like a bro or grandpa :( R.I.P

[@PulakMehta]

Didn’t know it would be his only podcast. Good bless his soul 🙏

[@jakw97]

I don't think anyone realises how quick he is for almost 100 years. Its insane, he must have been scary smart at 30.

[@joaofelipesiqueira21]

completely insane, simply a genius

[@Jannik77220]

I think he would argue that he actually was completely stupid at 30. "we're old to soon and wise to late" - Munger.

[@tuvshinbayartumurkhuyag8092]

Having Charlie through this podcast is Christmas gift

[@metrophysiotherapy]

OMG. This one on one interview is so rare from Charlie these days. Thank you guys!

[@RajaKhan-ol8lx]

Yeah it very possibly was his last as he’s passed away now

[@ShawwnParrr]

you can say that again

[@metrophysiotherapy]

@@RajaKhan-ol8lx He did another one with Becky Quick. That may have been the last of the great man. RIP

[@larrysummers5556]

He was featured on zooms big meeting a few months ago

[@davidjourney5808]

Thanks, guys. This was a priceless interview, especially now

[@phildimuro150]

Had to come back and relisten to this today. RIP you absolute legend, Charlie!

[@gavinsmith9564]

Thanks for sharing, always great to hear from Charlie.

[@haley919191]

Hearing from Charlie is so addictive

[@soup100]

RIP Charlie. Thanks for teaching us 😢😢😢

[@andypicken7848]

What a treat. Thanks for posting

[@Vicky-Blue]

Christmas gift came early. The wisdom of Charlie is just such a treat!

[@connerwhitton8872]

Thank you for uploading this

[@DukeofEarl]

How does this have so few likes!! Pure wisdom here. RIP Mr. Munger. Time to binge old Berkshire AGMs.

[@racerd9266]

Great questions. So much to learn. One of the rare interviews with Charlie. Looking for one with Buffett as well. Even with Ted and Todd.

[@kossape]

Great job guys ! Thank you 😊

[@Logan-js2uk]

Holyyyy crap! My favorite podcast of all-time interviewing my favorite investor of all-time! This is like Scooby Doo Meets Bat Man!

[@HPhenomenal]

More interviews of legendary investors like this please!

[@varunjain2250]

I wish there were more such podcasts with Mr..Munger !!

[@johnfarrell3284]

This was awesome. Thanks for sharing!

[@lewis809]

Thanks guys, great interview.

[@peanutbutterkong9362]

thanks for posting this.

[@marcb934]

Great interview! Thank you. Greetings from Germany.

[@quokkapirquish6825]

I just have so much respect for Charlie and Warren - they have remained so humble and have laughed all the way through their careers with a great sense of humour yet we all know how astute and super-sharp they actually are. Lovely guys with big hearts, true gentlemen indeed. Here in the UK, these guys would be knighted.

[@punchi7612]

congrats guys, amazing work coming full circle back to you!

[@karlo6151]

Idk how y'all scored this interview but congrats !! what a great interview / what a legend

[@alphamsk7370]

I will listen to Charlie speak the whole day. Great man. Thank you for the video. Greetings from India ❤

[@TheKEprince]

I saw it and I had to listen asap.He is still very sharp

[@mohitshenoy2136]

Awesome. Superb. Thanks. 😀

[@pallas5446]

Great interview. The Man that influenced me the most as a young investor in 90's. God bless to all!

[@cconnors]

RIP Mr. Munger.

[@franzmayer2262]

Amazing, thank you

[@bradleyhope3652]

Great conversation thanks

[@extremecouponing91]

Amazing interview

[@derMcSven]

It starts at 5:47….

[@nemitghosalkar4038]

Thank You

[@Miggy2j]

Brilliant, thank you.

[@TheBusterShow]

excellent interview!

[@DanielKekenak]

Subscribed ! He who shares what Charlie says deserves it.

[@eddiec7047]

Why did you turn transcripts off?

[@mark5658]

❤ for Charlie. Great interview

[@samjoshi1984]

Added to my list. Office commute sorted 😊

[@keithwilmes4946]

So sharp…so much integrity…so sad he is gone.

[@martinreilly41]

Charlie is beyond brilliant!

[@foodbytheword6262]

This was massive 👏🏿 👌🏾!!!!!Awesome!!!

[@M.-.D]

This was a great interview.

[@DanielThomasArgueta]

Rest In Peace 🕊️

[@rw-kb9qv]

this is my new favorite podcast😄

[@Jako8557]

Very good job, thanks Charlie is still very sharp.

[@menash07]

Great podcast! So happy to hear Charlie’s take on a podcast rather than NBC.

[@PetersonFloow]

Wow! Unbelievable. You guy rocks 👏🏻👏🏻👏🏻. The most important investor of all time here, for us. Thank you!

[@nayaknaresh]

Thanks for your contribution to this world Dear Mr Munger. Sad to see you go.

[@justinyoung1762]

"Would rather look foolish than go broke" What a quote!

[@shreyasshirsath6009]

Leaving Everything and Listening it now

[@DanielThomasArgueta]

Monumental! 🔥

[@realbobbyaxel]

Bring charlie again... I am absolutely shocked you were able to bring charlie... Can't help but watch it and devour it right away. Please please bring him again. Also bring Warren Buffett.. Mohnish pabrai and other value investors.

[@komei608]

sorry to say this..

[@PacificOutspread]

I can only say two things to this: 1. WOW 2. Thank you! 🙂

[@sinamirmahmoud7606]

feeding millions implicitly and explicitly ... heaven is happy for the new guy ❤

[@neweramoney1728]

This is awesome.

[@The_Uncertainity_Principal]

Rest in peace.

[@tonyg.3696]

I could listen to Charlie all day long. In fact, I think I will.

[@brent5495]

Great job!! Thank you!!

[@god6less]

What a beautiful mind.

[@youmothershouldknow4905]

I’m telling folks that Acquired is the new goto pod.

[@dannywcctp]

Thank you.

[@piotrturek8013]

Rest in peace. May your wisdom and the memory of you live forever

[@stevem6942]

Classic! They ask about Venture Capital and these boys cut the audio critiquing their bread and butter

[@Itsfo]

That was Gold. 😂

[@angelsancheese]

Whaaaaaat. Congrats on getting Charlie!

[@andyb6851]

5:45 is when it starts, you're welcome

[@mayur_je]

5:28 :- Roasting warren buffet😂😂

[@guyspooner4580]

This is special

[@R.I.S.69]

Damn this video just got extra special.... RIP LEGEND & The Best WIngman/No.2

[@Peter-jc4by]

RIP Mr. Munger

[@fkklkomvocl1234gv]

Legends!

[@realbobbyaxel]

why did you guys cut out most of the good stuff. I am assuming the actual meeting with Charlie lasted more than 5 hours but you cut it short to just 1 hour. I wish you didn't cut out so much good stuff. I hope you release the parts you cut out in some form or manner soon. I would be incredibly grateful and so will other members of your audience. I am asking this especially since Charlie Munger is someone, everyone should have a fair chance of getting to listen to every single word of his. Every single word is worth its weight in Gold.

[@mmm-cake]

What a great guy.

[@Ryan.G.Spalding]

You guys have the best business podcast. Is your other channel on KZbin? I don’t usually see it. It should be. This is where I listen to all my stuff. Even if it’s audio only. It’s easier to find new stuff, and I like the UX. I’m 38 so probably your core demographic. 🤓

[@scottiebumich]

Thank you to both the interviewers and Charlie for producing this content. Charlie, among many people talk about investing as being incredibly challenging and needing to see something that others don't. If you want record beating returns over an extended period of time then I would agree. However if you could find a well-run company that produces 12± ROIC while keeping their debt low and has a long Runway with high probability of success and you size correctly you probably are going to do okay. Investors keep talking about beating the market but that's really not the goal of investing. Take a look at smaller caps that really are only an option for insiders, management, along with retail investors. Prices are good enough that you should be able to generate 10% a year returns going forward.

[@jt8323]

RIP

[@kevenwang9285]

RIP😢

[@BigMike10960]

I was listening to this the night before he passed away!🥲

[@paraspatel5667]

We want to know what Charlie said about Venture Capital

[@christophenour]

WHEN Charlie speaks, we LISTEN

[@DevanshuGulati]

Rest in Peace Legend..

[@mayur_je]

Please upload transcripts of the podcast

[@justjason888]

My goodness... you guys actually got charlie munger??? No way!!!!

[@nbme-answers]

Wow!

[@GNBcorporal]

Redt in peace charlie thanks for the wisdom

[@Historyteacheraz]

Thank you for sharing your wisdom with us over the years Charlie. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger teaches his investment principles.

[@vijaykrishnan3730]

Thanks for getting Charlie here. I expected a bit more deeper questions than the usual suspects. Some of the questions like the "Does Charlie carry a vehicle insurance?" was out of place. Thanks for bringing him anyway.

[@burgersx2]

Can't find the Berkshire onez

[@rickfool1452]

Dunno how you got munger. Amazing.

[@backpackly]

Charlie Munger is the king of business. I love Warren, but I would much rather get an extra hour of Charlie’s wisdom.

[@bvk3823]

where is the episodes on berkshire ? @acquired

[@akshaybharadwaj2383]

Guys, can you link the three part Berkshire series in the comments or in the description, cannot find it in your videos or playlist section.

[@iloilooliable]

Yes I’m looking for the three parts too

[@user-wc9ij6dw5y]

謝謝我永遠的人生導師蒙格，你擁有最多智慧的靈魂，RIP