Charlie Munger in final CNBC interview: You've got to learn how to recognize rare opportunities

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Күн бұрын

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@SuperLari1234
@SuperLari1234 Жыл бұрын
He was nearly a 100 but he never lost his mind. Such sharpness at such age. Incredible
@SuperLari1234
@SuperLari1234 Жыл бұрын
@joseph_goebbels606without working? He and Warren work harder than 99.99% of people. You're giving of very hate-ish vibes. Do better.
@hossamgebeily
@hossamgebeily Жыл бұрын
Id say he probably read a ton of books. Explains why he stayed sharp until the very end.
@vjan9003
@vjan9003 Жыл бұрын
@@hossamgebeily and healthy most of the time too
@snorttroll4379
@snorttroll4379 11 ай бұрын
He should have financed aubrey de grey
@OnlineEnglish-wl5rp
@OnlineEnglish-wl5rp 10 ай бұрын
Well when you know the government will always get the taxpayer to bail out your bad investments I suppose you can relax and afford the best health care
@paulattaboyatreides6414
@paulattaboyatreides6414 Жыл бұрын
At 99 still doing interviews, holding investor conferences, answering every question with cadence, wisdom, and patience all while wearing a suit and tie.
@TheMwowner1
@TheMwowner1 Жыл бұрын
yea, they never did any physical work in their life.
@paulattaboyatreides6414
@paulattaboyatreides6414 Жыл бұрын
@@TheMwowner1 he worked 12 hour days at a grocery store as a kid growing up during the Great Depression. Joined the Air Force as a meteorological officer during WW2, he didn’t see any combat (less than 5% of all enlisted servicemen did) The man lived an extraordinary life, and yes he may have not plowed the fields, but no one can throw his work ethic, self discipline, self awareness, and accomplishments into doubt. If you die at 99 with all your marbles intact, your children and grandchildren around you, with assets that would support them for the rest of their lives, you’ve won.
@pradeepv3282
@pradeepv3282 Жыл бұрын
💯
@alanortiz4088
@alanortiz4088 Жыл бұрын
@@TheMwowner1true but when your that age and rich most wouldn’t still be working
@tattushenoi
@tattushenoi 11 ай бұрын
@@TheMwowner1and you did exactly what?
@SandeepKulshrestha
@SandeepKulshrestha Жыл бұрын
Becky is so authentic. What a man he was? Whether one is rich or poor, one gotta live with purpose.
@CSWG-d9e
@CSWG-d9e Жыл бұрын
Legends never die. Rest in peace Charlie Munger.
@pomp4401
@pomp4401 Жыл бұрын
I guess he is not a legend.
@Trbz1000
@Trbz1000 Жыл бұрын
😂😂🤢🤢🤮
@JaguarPriest
@JaguarPriest 11 ай бұрын
He will rot in the underworld
@snorttroll4379
@snorttroll4379 11 ай бұрын
He did not pony up the cash for aubrey de grey's research. that decision has consequences.
@andrewfielding2160
@andrewfielding2160 Жыл бұрын
Rest in peace Mr Munger. A true gentleman and legend. You will be missed by many.
@stephaniehale946
@stephaniehale946 Жыл бұрын
*Rest in peace, Charlie. You were a gift to humanity. Your wisdom, intellect, and perspective will be missed dearly. I can only imagine what Warren must be going through. You guys were together for over half-a-century. The world will miss you, Charlie. Lots of love and respect!*
@snorttroll4379
@snorttroll4379 11 ай бұрын
If they had financed Aubrey De Grey's research they would not be so frail now and would actually be skipping to work every day. Bill Gates. you are next up unless you finance Aubrey De Grey's research.
@Wa8977
@Wa8977 Жыл бұрын
A true man of honor and value, a rarity. Charlie’s legacy will impact us all for decades to come.
@ImBeneficial
@ImBeneficial Жыл бұрын
Legends never die they say, Charlie and his teachings relative to investing and life itself will forever live on. Rest easy Charlie. You know they say you're never really dead till everyone alive stops thinking about you, I'm more than certain Charlie has another full life ahead. Prayers to all his friend's, family, and partners.
@micheal_mills
@micheal_mills 8 ай бұрын
Like Warren Buffet said, dividends are only good if the business you're investing into can't make good use of that capital. So, if you're trying to invest in businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they're returning capital to you because they think you can make better use if it than they can. It's not much different from bond investing. The way I see it, if you have a $1 million at some point, that'd be enough to create a portfolio that would pay you between 50k - 70k in dividend income.
@donna_martins
@donna_martins 8 ай бұрын
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
@Walter_hill_
@Walter_hill_ 8 ай бұрын
Very true! I've been able to scale from $50k to $189k in this red season because my financial advisor figured out defensive strategies that help portfolios be less vulnerable to market downturns
@Robert_Seaman
@Robert_Seaman 8 ай бұрын
Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?
@Walter_hill_
@Walter_hill_ 8 ай бұрын
Natalie Noel burns is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
@Robert_Seaman
@Robert_Seaman 8 ай бұрын
Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Natalie .
@gioc610
@gioc610 Жыл бұрын
The level of clarity in this man’s mind at the age of 99 is truly astonishing. Edit: Wow! 10k likes! Thank you guys
@rjmcfly202
@rjmcfly202 Жыл бұрын
​@@itsAbadWorldExperience plus+ a youthful demeanor/attitude/outlook-on-life: (=) #Evergreen🍀🏁🎖️🎅
@andypicken7848
@andypicken7848 Жыл бұрын
gioc610 Smart with a capital S our Charlie. A life long self learner and a terrific role model for me
@joeythelipz
@joeythelipz Жыл бұрын
*was
@davecoly8007
@davecoly8007 Жыл бұрын
10k likes? Are you stupid?
@OU81TWO
@OU81TWO Жыл бұрын
10K likes?? What are you taking about? You have a little over 200 as of now.
@Dantursi1
@Dantursi1 Жыл бұрын
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
@CindyValenti
@CindyValenti Жыл бұрын
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
@derrickholfman2
@derrickholfman2 Жыл бұрын
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@michaelwiebeck3
@michaelwiebeck3 Жыл бұрын
@@derrickholfman2 I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@derrickholfman2
@derrickholfman2 Жыл бұрын
I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@michaelwiebeck3
@michaelwiebeck3 Жыл бұрын
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.
@WOOF95
@WOOF95 Жыл бұрын
This was so poignant! Becky, you were so sweet and gentle with him--it was really, really moving!! I'm sorry for your loss. God bless Charlie and his family and you and your family. May your holiday season and New Year be filled with all of the best of life!!
@paultomori
@paultomori Жыл бұрын
Becky Quick has provided extraordinary coverage of Munger and Buffett for years. One can see there was a high level of mutual respect there. Thank you, Becky.
@Freddyyyy266
@Freddyyyy266 11 ай бұрын
This man right here is my idol. He inspired me to take my finances seriously. I began investing less than a year ago and with professional help, I’ve recorded tremendous growth in my portfolio. Rest on Legend.
@Positivity75
@Positivity75 11 ай бұрын
Everything seems overpriced right now. One can’t tell what would turn out to be a smart investment. What do you think is the best approach for someone who is just starting out investing?
@Freddyyyy266
@Freddyyyy266 11 ай бұрын
Herman Jonas, an astute financial analyst is the brain behind my success. I've gotten into a plethora of assets with $33k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now I sit back, and just reinvest at intervals while I enjoy my retirement.
@Denniss20
@Denniss20 11 ай бұрын
Do not forget that when it comes to the stock market, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.
@Rmorales799
@Rmorales799 11 ай бұрын
How can I reach him, please? I'm buoyed by the good recommendations I’ve come across elsewhere. I need help with investing. I'm ready to pay for his services.
@Rmorales799
@Rmorales799 11 ай бұрын
I appreciate the feedback. I reached out to him via the mail you provided and we talked at length. I found him to be verified. I’m glad that I signed up and I've begun my journey with him. Thanks again.
@trepan4944
@trepan4944 Жыл бұрын
RIP to a Legend and my heart goes out to Becky. She knew Charlie so well, I'm sure she is taking this harder then she lets on.
@amethyst4444
@amethyst4444 Жыл бұрын
Yes definitely 😢😢😢
@smithlenn
@smithlenn 11 ай бұрын
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
@belljoe
@belljoe 11 ай бұрын
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
@Robertgriffinne
@Robertgriffinne 11 ай бұрын
The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...
@rannyorton
@rannyorton 11 ай бұрын
I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
@Alejandracamacho357
@Alejandracamacho357 11 ай бұрын
Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000
@rannyorton
@rannyorton 11 ай бұрын
Fantastic! Can you share more details?
@jonjurgovan1454
@jonjurgovan1454 Жыл бұрын
Becky has always been a great moderator and interviewer of Charlie and Warren. Nice to see her break her professional objectivity as a journalist and show her clear admiration and sorrow for the passing of Charlie.
@arianbehnami1050
@arianbehnami1050 Жыл бұрын
You could see at one point she seemed to be trying very hard not to cry
@mflindustries
@mflindustries Жыл бұрын
I think Charlie’s greatest wealth was shown when Becky said he was her friend. He bettered my life & thoughts.
@Driftless_Wanderer
@Driftless_Wanderer Жыл бұрын
RIP Charlie. A heartfelt interview, well done.
@snorttroll4379
@snorttroll4379 11 ай бұрын
Research Aubrey de Grey
@jakestuckey3130
@jakestuckey3130 Жыл бұрын
The man never lost his mind even at that age, wish we could all go out that way
@Fj8282haha
@Fj8282haha Жыл бұрын
Remember Charlie’s teaching; keep on learning !that’s how you get there
@chrislastnam6822
@chrislastnam6822 Жыл бұрын
​I think he died at home and the interview in the video was with Charlie in his beautiful Pasadena back yard was just two weeks ago. I'll miss his videos.
@arianbehnami1050
@arianbehnami1050 Жыл бұрын
They said he died in the hospital but they didn’t say of what. Can’t make assumptions, though when I spoke about this with someone who I know who is a doctor, he said that based on how it was described in the release it could have been a stroke. If this information is updated feel free to correct me as it’s purely speculative
@jamalnasir5648
@jamalnasir5648 Жыл бұрын
@@davidphones7290 extend his life? He was not chronically ill. He literally died of old age. What did you want him to do?
@davidphones7290
@davidphones7290 Жыл бұрын
@@jamalnasir5648 that’s false. Apparently you haven’t heard.
@ThatNiravGuy
@ThatNiravGuy Жыл бұрын
"There are things you give up with time." -Charlie Munger How true..
@domenicopolo
@domenicopolo Жыл бұрын
So true!! That one kinda hurt!
@RandyVincent808
@RandyVincent808 Жыл бұрын
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
@berkymargin4611
@berkymargin4611 Жыл бұрын
Investing in many sources of income that are independent of government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.
@TheresaDiana12
@TheresaDiana12 Жыл бұрын
It's really not easy trading this market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky
@angelobonomi7227
@angelobonomi7227 Жыл бұрын
wanted to trade, but | got discouraged with the market price fluctuations~>
@JohnMichael007
@JohnMichael007 Жыл бұрын
Trading under the guidance of a professional is the best strategy for beginners.
@LanceMclendon
@LanceMclendon Жыл бұрын
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Bitcoin and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
@mk00744
@mk00744 Жыл бұрын
May his soul rest in peace. He was a great teacher and mentor.
@andreasd6857
@andreasd6857 Жыл бұрын
Thank You Charlie for everything you have done for Berkshire! Glad you were so long with us!🤗
@homeontherange733
@homeontherange733 Жыл бұрын
The world lost a leader, a mentor and friend. Charlie Munger was a very wise man on so many levels. Rest in peace.
@dennismorris7573
@dennismorris7573 Жыл бұрын
Well said.
@davidhynes
@davidhynes Жыл бұрын
Just imagine giving 100 million to schools, what a beautiful soul.
@appleforever6664
@appleforever6664 Жыл бұрын
Does he get to take his Billions?
@chrislastnam6822
@chrislastnam6822 Жыл бұрын
​@@appleforever6664He has eight children and lots of grandchildren.
@appleforever6664
@appleforever6664 Жыл бұрын
@@chrislastnam6822 - And?
@MaximilianFischer497
@MaximilianFischer497 5 күн бұрын
I watched the full video of Berkshire Hathaway's annual meeting. I was impressed by how his position has remained fluid ever since he's been investing, and yet he still remains in the game. I've been following Buffett since 2019, and I've learnt so much from his personal investment style to earn myself $20K monthly in dividend income
@TicheDebb0
@TicheDebb0 5 күн бұрын
I was really moved when he unknowingly mentioned Charlie Munger. Their relationship was very deep. I've been following them both too, and they've really changed my investment philosophy and who I should invest with.
@RowanBryson
@RowanBryson 5 күн бұрын
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@MarshalWagner457
@MarshalWagner457 5 күн бұрын
I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@RowanBryson
@RowanBryson 5 күн бұрын
“Diana Casteel Lynch” has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
@AshleySommerset808
@AshleySommerset808 5 күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@dannyfoelber2124
@dannyfoelber2124 Жыл бұрын
His intellect and wry sense of humor player perfectly with Warren Buffett. The ideal partnership, which resonates in every annual shareholder letter and meeting. The love and appreciation for Charlie Munger is next level. He's a great example of wisdom and humor, and the importance of humor when dealing with complicated subjects.
@kevt9189
@kevt9189 Жыл бұрын
Charlie was full of common sense pity there is not more like him in this world
@COOLARUL
@COOLARUL Жыл бұрын
Common sense is a misnomer. It is not very common.
@tomiasthexder7673
@tomiasthexder7673 Жыл бұрын
Except his comment around calling covid unvaccinated people stupid….heart failures are up exponentially among vaccinated people.
@AngelA-mk5ty
@AngelA-mk5ty Жыл бұрын
Remember when he payed for a building with only 2 exits and no windows to house university students because i remember
@tylertyler82
@tylertyler82 Жыл бұрын
@@tomiasthexder7673citations needed
@SanghoonOh_3662
@SanghoonOh_3662 Жыл бұрын
A month ago, I found his book at a library, and started reading. Easy to read, simple sentences carrying wisdom of tremendous importance. Couldn't stop reading it. Then I decided to write it down on a paper. Page by page, day by day...what he says on his book was like not from a normal man on Earth. I was enjoying myself, knowing him, reading and listening to him. I am shocked to know ...
@kaizenerfolg1297
@kaizenerfolg1297 Жыл бұрын
What's the name of the book please ?
@poavao6832
@poavao6832 Жыл бұрын
Title of book please?
@SanLouisKid
@SanLouisKid Жыл бұрын
Not sure if this is the book mentioned but a revised/updated version of Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger is set to release in Kindle format in December 2023. The presale price is currently $9.99. They physical book weight is around 4 or 5 pounds so the digital version will be great for me to reread this fascinating compilation authorized by Charlie himself.
@JSIsaiah
@JSIsaiah Жыл бұрын
This video made me cry. Thank you for changing my (and many people like me) life for the better, Charlie -- you lived one of the best lives in the history of humanity. R.I.P.
@wiedermond
@wiedermond Жыл бұрын
RIP Mr Charlie Munger. I have the same birth date, only 50 years later and was very much looking forward to celebrating our landmark birthday in the coming new year. I thought he was invincible and immortal somehow. Your teachings in investment and life wisdom will never fade away.
@samlyons6408
@samlyons6408 Жыл бұрын
Sharp as a tack until he passed! Thank you for all your wisdom Charlie! His to the point, thought out rational views benefited the world. RIP
@subhranshudas8862
@subhranshudas8862 Жыл бұрын
True American Icon. Thank you for the inspiration & wisdom. RIP Charlie
@ST-vs8yb
@ST-vs8yb Жыл бұрын
A model, a hero, a guide, thank you Charlie ! 🙏❤
@andypicken7848
@andypicken7848 Жыл бұрын
Agreed if you are unable to learn anything good from Charlie then you either know it all or you are incapable of learning. He was a giant of a man
@craigcreationz
@craigcreationz 9 ай бұрын
Life....he definitely lived it. My generation barely makes it past 60. Smh.
@shellylofgren
@shellylofgren 11 ай бұрын
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...
@DavidRiggs-dc7jk
@DavidRiggs-dc7jk 11 ай бұрын
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....
@jeffery_Automotive
@jeffery_Automotive 11 ай бұрын
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...
@berkrix4312
@berkrix4312 11 ай бұрын
@@jeffery_AutomotiveWould it be okay if I asked you to recommend this specific advisor or company that you used their services? Seems you've figured it all out.
@jeffery_Automotive
@jeffery_Automotive 11 ай бұрын
I won't pretend to know everything, though. Her name is Julie Anne Hoover, but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
@berkrix4312
@berkrix4312 11 ай бұрын
@@jeffery_Automotive I won't pretend to know everything, though. Her name is Julie Anne Hoover, but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
@thelastbison2241
@thelastbison2241 Жыл бұрын
He died a young man in a broken body
@jeffmckeon2820
@jeffmckeon2820 Жыл бұрын
Well said. I hope I go out like that
@Pawelec801
@Pawelec801 Жыл бұрын
I discovered Charlie relatively recently. His views and life advice is so simple yet so profound and correct. We are very lucky this man lived when he could have been recorded. Many, including myself, will use and profit from his wisdom long after he is gone. Rest in peace, Charlie.
@Maher-ub6vu
@Maher-ub6vu Жыл бұрын
Always sad to lose a great American. What an amazing country, we need to appreciate our treasures while they are with us, and try to learn from them after they are gone. R.I.P Mr. Munger. 🙏
@garrison3675
@garrison3675 Жыл бұрын
... a distinct privilege for me to have been old enough, mature, wise enough to appreciate Charley all the years I knew him from afar ... I shall miss the wit, but never forgotten ... R I P
@PhilipMurray251
@PhilipMurray251 10 ай бұрын
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
@Alejandracamacho357
@Alejandracamacho357 10 ай бұрын
Long term? Stocks! Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.
@Natalieneptune469
@Natalieneptune469 10 ай бұрын
Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1m ROI
@PhilipMurray251
@PhilipMurray251 10 ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
@Natalieneptune469
@Natalieneptune469 10 ай бұрын
Credits goes to Kate Elizabeth Amdall one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@PhilipMurray251
@PhilipMurray251 10 ай бұрын
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon.
@railfeats3523
@railfeats3523 Жыл бұрын
what a quick-witted and multidisciplinary mind! first learned about munger while reading the snowball, then went down the rabbit hole of reading countless articles about him from his witty one-liners to his recommended books ... what a life and legacy, well done, charlie munger, rip now!
@gzero2814
@gzero2814 Жыл бұрын
The truth often hurts, but with truth comes a freedom. This is a quality Charlie Munger had. Great interview Becky.
@energyideas
@energyideas Жыл бұрын
Thanks Becky Quick for covering Charlie Munger and Warren Buffett for all these years. You are a good person to be providing these insights on Charlie today. Ease to his feet.
@bartsolari5035
@bartsolari5035 Жыл бұрын
well said
@noahway13
@noahway13 Жыл бұрын
I'm middle aged, but I am realizing that old age is a way to mentally prepare you for death--- The aches and pains, and loss of energy and desire. They say, You only live once (Go for it!) I think it is better to say, You are only young once. Get out and do what you can while you are still vital and healthy. Get out and do something crazy and make some memories to think about when you are old.
@chrislastnam6822
@chrislastnam6822 Жыл бұрын
Charlie Munger was working hard and contributing to society at 99 as have several people in my family.
@miketaye
@miketaye Жыл бұрын
Charlie Munger, a man of extraordinary intellect and wisdom, ingeniously combined the intricacies of investing with the simplicity of common sense, profoundly shaping the world of finance and the lives of many.
@fredflint3998
@fredflint3998 Жыл бұрын
Very well put.
@gilmayer1
@gilmayer1 10 ай бұрын
RIP Charlie 🙏 Thank you for being our teacher and mentor 💙
@Uber---Octopus_100X
@Uber---Octopus_100X Жыл бұрын
Wow. I was just thinking about him today. What a straight shooter. His standards were high. Warren would have never asked for a better partner than Charlie. The man played his role very, very well.
@waffles1ca
@waffles1ca Жыл бұрын
Mister Munger was an absolute gift to the business community and the community at large, condolences to Mister Buffett and Mister Mungers family and friends. RIP
@martinhadinata1611
@martinhadinata1611 Жыл бұрын
Absolutely, A life well lived. RIP Mr. Charlie Munger Thankyou for the guidance and wisdom 🙏🙌😇
@shengwu6044
@shengwu6044 Жыл бұрын
Great man. Learn so much; money is not everything...the man is.
@victorblock3421
@victorblock3421 Жыл бұрын
Becky lost her uncle Charlie today. She truly loved him.
@888strummer
@888strummer Жыл бұрын
I feel very bad for her because you could see how sad she was in this segment as she held back tears. I like how she ended the segment by saying he was a kind and decent man; which is really what matters most
@victorblock3421
@victorblock3421 Жыл бұрын
@@888strummer Yes, he suffered greatly early on with a divorce and his son dying of cancer. It nearly destroyed him but he pushed ahead, remarried and had 8 kids total. He loved them enough not to destroy them with money. He was a true simple family man. It's a testament to his greatness. From afar, even I look to him as a father. How can anyone not love this man? It was easy to see how she grew to love him. He's at rest but his family and close loved ones like Becky must now endure the pain of the loss. I'll really miss the annual meetings with Charlie eating his ice creams bars. Yes, he was a good man.
@davidmuchina6180
@davidmuchina6180 Жыл бұрын
Invert, invert, invert! It works in music, engineering, business & relationships. Rest in Peace Charlie Munger, Greatest of all time.
@500milliondollars
@500milliondollars Жыл бұрын
What does it mean to invert?
@davidmuchina6180
@davidmuchina6180 Жыл бұрын
@@500milliondollars inversion is a mathematical transformation you can perform on an object or scenario(other transformations include eg. rotation, enlargement, translation, transposition etc) In music, you have, say, a major chord (which is the most harmonically stable sound to the ear) and which consists of the notes C,E,G. Inverting this chord simply means rearranging the notes into the other possible forms like C,G,E or E,G,C. Why? Well, this give you much more unique sounds without changing the mathematical properties of the chord itself. What's more important is it opens up the possibility to transition into other chords that share some of those notes creating a smooth harmonic progression in music. In business, the way Charlie put is that the best way for person A to sell a product to person B, is for person A to first invert and become person B, or put themselves in person B's shoes, if you will. Then ask themselves if they would buy what they are selling? It's the golden rule expressed mathematically: Do unto others as you would have the others do unto you. Lack of inversion is the reason we now increasingly have poor quality software full of bloatware, self promotion, concealment of terms and disregard for customer's preferred settings - the kind of behavior you now see with Adobe's "cloud" which intentionally made difficult to uninstall and use offline, or Google chrome's hidden self-upgrades and Microsoft's windows virus-like background updates. It is simply because the manufacturers themselves would never use the very features they are pushing. Same for hardware: Apple's forcing of users to buy unique chargers, Samsung's internal android battery, HP's brittle plastic laptop housings designed to fail(planned obsolescence), Nokia's androids being no longer rootable - all serve to further restrict consumer freedom and right to repair. The psychopaths who work for these companies would never use the very garbage they're selling. They lack empathy, they lack inversion. Hope that explains it.
@fhowland
@fhowland 11 ай бұрын
Turn the problem upside down
@dougm659
@dougm659 Жыл бұрын
What a life and what a career…..it’s going to be fascinating to see whether his description of Bitcoin as “rat poison” proves accurate or one of his rare errors….
@nhacnguyen469
@nhacnguyen469 Жыл бұрын
Charlie's mind remains in peak form Unbelievable 99 years old
@MOTV583
@MOTV583 Жыл бұрын
This is my first time seeing this interview, and hindsight is 20/20, but I've been around a lot of elderly people and people on hospice, etc. Despite his age you could tell he had one foot out the door and didn't expect to see his next birthday. You could also tell he was at peace with himself. R.I.P. to one of the greatest investors and wisest men. Asking Charlie Munger to join him was Warren Buffett's greatest investment.
@Halfnatty4882
@Halfnatty4882 10 ай бұрын
I noticed that as well
@benjaminramos8520
@benjaminramos8520 Жыл бұрын
What makes Charlie Munger so remarkable is the fact that, despite being one of the world's best investors, he is remembered for being a student of life; a deeply knowledgeable, intelligent, and wise man; and, most importantly, a kind soul. He is a living example of what is possible when you strive to live as wisely as possible, letting your net worth be the byproduct of the way you live instead of the other way around. Munger and Buffett's advice has served as a rock for me whenever I encounter a puzzling situation or dilemma. Let common sense, simple ideas, and discipline lead the way. Munger was to life and business as Elvis was to music.
@seanphurley
@seanphurley Жыл бұрын
He played a role in the formation of my world view.
@Teamshmo
@Teamshmo Жыл бұрын
Charlie is definitely a legend and I am happy he did so many interviews as we will have his knowledge through clips forever
@sumanthm629
@sumanthm629 Жыл бұрын
Rest in peace Charlie. Your wisdom illuminated beyond borders. God give Warren the strength to bear this loss. For the rest, Charlie's words and thoughts will always be the source of timeless learning.
@SunnyGoklani9
@SunnyGoklani9 Жыл бұрын
I'm so sad but CNBC - seriously, thank you! for always bringing the sweetest moments from Buffett and Munger to us! Especially, Becky!
@dennismorris7573
@dennismorris7573 Жыл бұрын
So very fitting for journalist Becky Quick to speak on this fine man, lawyer, and investor on his passing.
@wordp3310
@wordp3310 Жыл бұрын
Rip to a true legend 🙏
@Thechosensobe
@Thechosensobe Жыл бұрын
Bored ape
@bigc2626
@bigc2626 Жыл бұрын
Must be surreal to be at that age in life and even though you’re not suffering from disease or illness, you know death is imminent. I hope he rests in peace.
@georgesotiriou7051
@georgesotiriou7051 Жыл бұрын
We learned a lot from Charlie. It's sad when one of your mentors dies. Charlie will be remembered for his wit and wisdom. A rational machine. A truly extraordinary life.
@ErikKlaasenDad
@ErikKlaasenDad Ай бұрын
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
@StalinUndav
@StalinUndav Ай бұрын
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
@StalinGrabovsky
@StalinGrabovsky Ай бұрын
I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@ErikkaCunham
@ErikkaCunham Ай бұрын
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
@StalinGrabovsky
@StalinGrabovsky Ай бұрын
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@PierreBailey3
@PierreBailey3 Ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@Javier_Rodri
@Javier_Rodri Жыл бұрын
I’m a dividend investor, My wife and I have invested in the S&P500, both through my TSP with the government, and through fidelity in her 401-k. Cashed out 270k from the S&P and invested with a Financial adviser, Monica Mary Strigle. Until around 3 years ago we were 100% in the s&p after over 30 years. I’m retiring at the end of this month at 62, while my wife will retire next year at 60. We currently have 3.7 million in our tax deferred savings. I am putting this out there for anyone looking for how to help themselves in this time of crisis.
@benalfredo
@benalfredo Жыл бұрын
Thanks i really needed to see this, would do a research on the name you mentioned
@errolm8313
@errolm8313 Жыл бұрын
Scam scam scammer alert!
@angmabutinginvestor316
@angmabutinginvestor316 Жыл бұрын
RIP Mr. Munger from Australia...thank you for the teachings🥲
@Twitch-oq3ir
@Twitch-oq3ir Жыл бұрын
i am honored to have known him! Rest well Legend.
@marcrestivo7459
@marcrestivo7459 Жыл бұрын
Loved Becky's reminiscence, and he was kind. I remember reading that Charlie Munger once read an article in a magazine that he appreciated and learned so much from, that he sent the journalist who wrote it a $20,000 check. His reasoning: journalists typically don't make much, and the ideas he gleaned from the article were very actionable. RIP Charlie...
@jo1948
@jo1948 Жыл бұрын
would love to be able to read that article
@UT48D
@UT48D Жыл бұрын
I can see Becky lost a dear friend, such a great loss when friends are so deeply connected intellectually that can have smart conversations.
@francof7154
@francof7154 Жыл бұрын
Rest is peace Mr Munger. Thanks for all your wisdom
@matt79de
@matt79de Жыл бұрын
Thanks for bringing in Becky for this. Charlie would have loved it. To Becky: Thank You for all Your wonderful interviews with Charlie.
@roystondsouza577
@roystondsouza577 Жыл бұрын
Rest in peace Mr. Munger. Thank you for your trove of wisdom and insight that you shared through your books and talks. You will be missed.
@Sophia-yo9rp
@Sophia-yo9rp Жыл бұрын
He lived great. He is living greatness.
@DukeJames
@DukeJames 9 ай бұрын
Calling him "warren buffett's business partner" seems like such a disgrace.
@maalikserebryakov
@maalikserebryakov 9 ай бұрын
Most news channels went as far as to call him a sidekick Pretty sad
@Smallwood-pw1mm
@Smallwood-pw1mm Жыл бұрын
What a legend. I watched so much of his interviews and speeches. He’s always get a mind sharp as ever. It gives me a sense this man would live forever (maybe he is in a sense or another).
@peterkim5956
@peterkim5956 4 ай бұрын
Thank you for celebrating CM's life!
@alleniverson3788
@alleniverson3788 Жыл бұрын
RIP Charlie Munger, it was a pleasure listen to your advices
@johnhatfield8366
@johnhatfield8366 Жыл бұрын
RIP MR.MUNGER A true and honest icon.
@Harvindersingh-yg5kz
@Harvindersingh-yg5kz 11 ай бұрын
Old age is pretty damn depressing but the way charlie went through it without losing his soul ,memories , mindset ability to talk like 50 year old is amazing i never saw anybody this sane at over 70 making business decision being calm all the senses working he was an extraordinary man
@maalikserebryakov
@maalikserebryakov 9 ай бұрын
Probablt used some of his millions for stem cells and stuff
@ben_kendall
@ben_kendall Жыл бұрын
A down to earth report that was worth listening to.
@ConnorMiller417
@ConnorMiller417 Жыл бұрын
Charlie Munger was a wonderful human being. His teachings helped so many people and he shined a bright light in this dark world. He will be truly missed. RIP Charlie ❤
@GruncleJohn
@GruncleJohn Жыл бұрын
Always enjoyed Becky's interviews with Warren and Charlie.
@PrettyGoodLookin
@PrettyGoodLookin Жыл бұрын
This Generation had some good men. Charlie Muger is and was a good man. Golden .
@restoreamerica1558
@restoreamerica1558 Жыл бұрын
The great equalizer, growing old! Seems crazy to hear him say how much more energetic he was at 96! Charlie was just 4 years older then my father & still lived 20 years longer. It pains me to see us losing the real great people of his generation. The amount he accomplished in his life and how he carried himself is a testament to the greats of his time. Their seems to be so few up and coming examples going forward. Losing these guys and their life’s experiences are always a great loss in lessons in life. I still think of all the knowledge my father tried to pass to his know it all son and how right he really was!
@lordgeneral5345
@lordgeneral5345 Жыл бұрын
Who would have thought he would rest not having lived his dream to catch a 200 lb tuna. Money can’t buy everything and it won’t pursue deep seated dreams - felt him there. Still giving lessons to us from the other side. RIP Charlie - legend for many.
@Rockstar_london
@Rockstar_london Жыл бұрын
I wonder so offer most of our dreams are experiences and not materialistic things to acquire
@RichDavisTV_
@RichDavisTV_ 11 ай бұрын
Up dat sco @CNBC Television for Detroit very humble
@shanghaiffgg
@shanghaiffgg Жыл бұрын
Becky was so human and caring in this interview, I always liked her and this clip solidified it. I really get a sense that she will genuinely miss old grumpy Charlie.
@Motivation-Quotes-Psychology
@Motivation-Quotes-Psychology Жыл бұрын
Rest in peace! When you lose someone that bring balance in your life,you will never be the same. I'm really sorry for Warren Buffet lost!
@booneguy
@booneguy 9 ай бұрын
That's one of the biggest regrets to me to not having a chance to attend the annual meetings of any such where Charlie was speaking. He has taught me so much through his books and speeches. He was the only reason I have learnt so much in so short period of time and then successfully launched my own fund. If a person can convey that much of wisdom even remotely then he's the real genius.
@Wheelgauge-bt7ox
@Wheelgauge-bt7ox Жыл бұрын
A man from the greatest generation that lived a great life. RIP
@InfiniteClouds
@InfiniteClouds Жыл бұрын
@jonathanfields1638 born in 1924
@Fj8282haha
@Fj8282haha Жыл бұрын
Last interview he was still trying to uplift & educate degenerate people like us😢😢😢😢😢 RIP sensi, role model, beacon of life
@investingwithkendrick
@investingwithkendrick Жыл бұрын
RIP Charlie Munger this hits different because i made a video about him 26 days ago. He will be missed 😢🕊🕊
@squamish4244
@squamish4244 Жыл бұрын
Dude was almost 100 years old and worked to the end. Damn. He served in the US Army Air Corps from 1943-45, and attained the rank of second lieutenant.
@alexbastos3164
@alexbastos3164 Жыл бұрын
the habit of reading made this man an giant.
@VanderlayLux
@VanderlayLux Жыл бұрын
Becky Quick is brilliant. Warren Buffett and Charlie Munger insist on her doing their interviews because they rank her so highly. They are correct. She is a fantastic journalist.
@dbsteve3152
@dbsteve3152 Жыл бұрын
"I'm right and you're smart! But sooner or later you're gonna see that I'm right". Charles T Munger. #Wegivethanks.💐
@AndyK665
@AndyK665 Жыл бұрын
RIP Charlie. The grandfather I never had.
@anakinskywalkerii4350
@anakinskywalkerii4350 Жыл бұрын
What a man! ❤ I was privileged to see him and Warren once at their AGM in Omaha in 2019! I will always remember that experience.
@irenaeusofpensacola
@irenaeusofpensacola Жыл бұрын
You can tell Becky is heartbroken.
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