Looking back at the life and legacy of investing legend Charlie Munger

CNBC's Becky Quick looks back at the life and legacy of long-time Warren Buffett business partner and investing legend Charlie Munger following news of his death at 99.

[@victorblock3421]

He was a great example on how to live a life. He accumulated wealth but found time and selflessness to have a large family. Congratulations, Mr. Munger. You lived it well. May you rest in peace.

[@BT.channel]

Pfff naive! The only reason these people have large families is to ensure a legacy of heirs who will inherit and manage their wealth in the future

[@victorblock3421]

@@BT.channel Everyone had large families until liberalism took hold. Poor people usually had larger families. You make no sense.

[@tonysilke]

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.

[@hankmarks69]

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.

[@PatrickLloyd-]

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

[@sattler96]

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?

[@PatrickLloyd-]

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.

[@sattler96]

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.

[@javonsuniverse]

Those who keep learning keep rising in life - Charlie Munger

[@jamesalba4182]

🙏

[@zair7747]

We are privileged to have had Charlie Munger as inspiration, wisdom and example for decades!

[@jeremyhoskin7746]

"The best way to get what you want is to deserve it" A titan of the last century - Thank you Mr Munger.

[@StarNightCty]

The world has lost a sage man and would be different without him. 😢😢 Rest In Peace Mr. Charlie Munger

[@blessingpaul5484]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@KatherineAnderson-lm8bw]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@ConnieGriffith-u4z]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@blessingpaul5484]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@alicebenard5713]

Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@Franklin00974]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

[@masterchinese28]

I was telling someone the other day that Charlie Munger was going to turn 100 on January 1st. This feels a bit like losing the Betty White of the investment world. R.I.P. Mr. Munger

[@appiahtech95]

I can't believe he's gone 😢. Thanks Charlie for everything you have done for us. RIP

[@adamadams9517]

Us?

[@amirh.h]

Every time he spoke, it was a master class in investing and life. RIP Mr. Munger

[@user-vj8gc3oj5f]

so heartbreaking，I can't receive it. How great man it is

[@liongjiahwong5478]

REST IN PEACE BROTHER.. MY HIGHEST RESPECTS TO YOU SIR. A GOOD AMERICAN SON.. ❤

[@Delli88Burn1]

We need a Netflix series of the Legend. Would so love to learn more on the fund and this amazing man

[@realbobbyaxel]

absolutely. hell yeah

[@nguyenquochuy4474]

it's great idea to memory about an underestimate legend.

[@elizabethava2438]

I'm so happy I made productive decisions about my finances that changed my life forever. I'm a single mother living in Melbourne Australia, bought my second house in January and hoping to retire next year at 41 if things keep going smoothly for me…😊

[@RobinJones-cq4th]

Well I will gladly share some tips to you, I used the F.I.R.E movement to put my finances in order. Then Invested in stocks, cryptocurencies and real estates though it's the assistance of an Investment Pro who helped me make it this big.

[@DerekMaxwell-tq7dm]

I've earned over 450kk investing in a crypto market with the guidance of Mr Richard Dennis services

[@Shelley662]

Wow, I'm surprised you mentioned and recommended Mr Richard Dennis Well I don't have much to say about him but I'll advise newbie to place their trade under her services.

[@DennisDerek-ep1em]

Please how can I contact Mr Richard Dennis? I really like what he has done for you, and I also want to benefit from it.

[@producermichael3480]

@_richard.dennis__

[@vishnuvpillai5454]

What a well lived life. Absolute Legend

[@gregorylyon1004]

This man was the real success behind Warren Buffett

[@AndorranStairway]

Munger was great, but to call him the "real success" is an extreme stretch an indicative of a complete lack of understanding of Berkshire's management

[@realbobbyaxel]

Buffett would have got there anyway but it would have taken much longer if Charlie didn't guide him and Buffett himself admits that. @@AndorranStairway

[@randomdude7384]

Charlie's smiling at this beautiful video from a better world. Rest in peace, Charlie, you've done so much for people all over the world, your wisdom lives on!

[@margaretapersson7022]

Work only for a company you admire with people you enjoy working with and learn from. Wish I had known and listened to Charlie a long long time ago. Thank you for all your wisdom and advice.

[@bluegtturbo]

Wow Charlie... I was hoping you'd see 100..RIP

[@zuhawk15]

Your spirit lives forever there is no resting.

[@sourdurian2839]

It's not often you find a legend, and he was one of the rare few. He changed my perspective on investments, and I'm sure he was an inspiration to many. Rest easy now Mr. Munger.

[@stephaniehale946]

*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!*

[@vrbhoopa]

It's a big loss to our investor community as it loses one of the most rational thinkers of our time. May his soul rest in peace

[@xianlin7831]

His wisdom has had a huge impact on many people's life including mine. May him rest in peace!

[@technisches6545]

The more i am watching this getting to releases the fact a great inspiring person has died , the more i am in tears.😭

[@chrismoore208]

Only knew Charlie Munger through TV and KZbin interviews, but still feel a great loss today. What a great man!

[@Odysseus38]

One of the few people i wish i could have met of see....im only 24 and only started getting hardcore into investing and berkshire over the last 6 months and feel like i miss out on so much time....if id know about the 2023 shareholders meeting i would have went hoping to see him, because i was planning on going next year for the chance to see him and warren....now im sad....and im not normally sad about deathes of people i dont know

[@sroher1]

what a wonderful exemplar of living ethically, working at cultivating wisdom and self-awareness, and sharing whatever he could. and that great sense of humour!

[@koollee]

RIP Mr.Munger .. I think him and Buffet had a beautiful friend and partnership. He held Buffet down (had his back) like a big brother and u can tell he didnt care that Warren gained much more wealth.. Buffet convinced him to team up which increased his wealth. I think its just beautiful. Their like Batman and Robin.

[@andrewo5439]

RIP Charlie. Charlie and Warren, the Mick Jagger and Keith Richards of business.

[@alvinleechengliang]

Thank you for taught us about investment and thank you for your influenced in global financial! R.I.P Charlie!

[@Historyteacheraz]

Charlie and Warren made a great team! Thank you for inspiring me to write A a Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger.

[@McbbMacao]

Though 99, yet, still feel so sad for his pass away🥺

[@wesleybrother2884]

Indonesian here, this guy gives a lot of inspiration and influence to young people in developing countries for bettering our invesment future, rest in peace charlie

[@Dfm_Sushil]

RIP. MR. MUNGER always ❤

[@stevenfaber2004]

Rip. Thanks for the advice loved watching you over the years.

[@adtiamzon3663]

Rest in Peace, Charlie. 🙏🌹 Another down to earth billionaire investor passed away after Sam Zell. RIP. 🙏🌹Condolences to their families. 🙏🕊

[@benkim2016]

Amazing he was like Segovia and his guitar! RIP!

[@finance-fun-facts]

Charlie oh Charlie, you've long said make friends with the eminent dead. Well now that's how we will make friends with you once again. Rest in peace and may your investing and life lessons forever live on.

[@myhouse-yourhouse]

amen

[@rayjoshi1252]

Thank you for sharing all of your valuable insights and wisdom on investing and life in general. Truly he was one of the few real idols of this modern world. Rest in peace.

[@hazare535]

Rest In Peace Mr. Charlie 🙏🏽🙏🏽🙏🏽

[@wayne8797]

It’s amazing they look just like they are now even in the black and white photos. RIP.

[@seanchiwowa8823]

The echo of your life and legacy are felt even in Africa. Rip Charlie❤️

[@Fj8282haha]

Long live king Charlie in our hearts 😢😢😢😢😢😢

[@agastyateja6300]

A titan of his era. Good bye Mr Munger.

[@brianwings6908]

His deadpan wit was positively unmatched. RIP Charlie.

[@vanshkhanuja8611]

One of the greatest investor of all time! RIP

[@nguyenquochuy4474]

I would much appreciate if CNBC and Becky can make a combination of Munger's best one liner - which he is famous for, and also which combine a lot of his wit in there.

[@AmyAmy-er8bp]

Tears. X

[@Jungkim88]

What a great American and what a great loss for our society. God needed the best investment manager.

[@Mri881]

4.28 which year was it ?

[@AffyBoy]

amazing GIFT TO THE WORLD

[@triquepersonalwork6369]

Bible says that all wealth will be worthless in the end, but to repent from the heart and trust in Jesus

[@Elaba_]

He should have interviewed Becky and ask her secret of staying 30. That would provide quite an advantage for investors who want to remain in this game until their death.

[@bigrichdude]

Wow. What a long and prosperous life.

[@DaNiyaHodge]

Rip Charles Thomas Munger, you will be missed

[@rushanejclarke]

Legend

[@pradeepselvaratnam9459]

Rip Sir Charlie ,your are a inspiration .🙏🙏🙏🙏

[@josecedeno1117]

Life is more than being wealthy Amen 🙏🙏

[@Moneykingkevo]

1 of the greats to ever do it next to Warren Buffett

[@mysticman9331]

Rest in peace Charlie. We will miss you. The world will not be the same without you .

[@MrStephenmindo]

He was right about Crypto with CP Z Binance fiasco after SBF

[@55deepak555]

A man of wisdom 🙏

[@Jewels-o7o]

What a amazing life.

[@oroebuck]

Rest in peace.

[@freejohnson9281]

RIP Mr. Munger. Learned a lot from you.

[@92Vesp]

Great investor - and a person who had a lot of humor. RIP

[@Fj8282haha]

Total role model

[@curtiscollins2174]

There are things way more important than money. Humble opinion 😌

[@extremecouponing91]

A sad moment in history. And a sad moment for the industry.

[@nicknames5325]

Noooooooooooooooooooooooooooooooo.......................oooooo....:((RIP big guy.

[@otchris1046]

I hear Alot of people saying "how can they become rich". What I keep on telling them is that if you want to be rich you should not work for money. 90% of money is debt, if you want to be rich you need to know how to use debt to become rich. Before 1971 the united states dollar was backed up by the gold standard - that means every single dollar in the bank was having a gold standard on it. So after 1971, the united states president remove dollar from the gold standard so now dollar 💵 is not back by anything. Now the banks can keep on printing Alot cash as they want in exchange for value item like gold, government securities. 0:34

[@chubbypickle1972]

I was hoping he would figure out where he was going to die, so he could avoid going there. RIP, Charlie Munger.

[@keiffawalton9797]

Wow I didn’t know he died he had more wealth in wisdom than in money and that’s saying a lot

[@TravisGarnett]

🙏"Well done," Mr. Charlie Munger...🙏

[@otchris1046]

Now how is money debt? For example, if the government want to build a infrastructure, they meet the bank for mortgage, the bank just typed $500,000,000 in their computer and send it to them with the exchange of government bond. This means the money that was borrowed as a debt from the bank has no value, so the banks exchange something with no value for something valuable. So money served as a debt to collect something valuable. The more you save money in the bank, the more the bank uses your paper money (which has no value) in exchange for something value like gold. So all you time working for money just to earn a penny is for waste because as you save it the bank still make more for it. So now learn how to do what the banks do. The bank knows how to make their money work for them by lending it for exchange for something valuable, you can also do that by investing in real estate or land or companies, the stock market, transportation and more. The message is, don't save money in the bank, the more you save your money, the more it being taxed and they are using it to make more money for themselves. Be wise.. Follow us and share for more content... 0:23

[@michaelwayne1977]

Seemed like a good guy. RIP.

[@elenaivanovski123]

A great teachers ❤

[@deeplife9654]

super rich in knowledge

[@hwangjeyoon]

May you rest in peace😢

[@SheriRose-sk4kk]

Goat of wall street!! RIH!!

[@globe-tard707]

Bruh was actually funny 😂😂😂

[@gregorylyon1004]

Their best investment ever has gotta be coca cola stocks

[@victorblock3421]

Apple and others.

[@thegodhead]

@@victorblock3421they didn’t buy Apple until 8 years ago. Even now, Berkshire doesn’t own a single share of TSLA (as far as I know). They aren’t tech savvy; which is probably why they’ve underperformed S&P since the dawn of the digital age. Munger and Buffet were great investors, in their era; I quote them all the time. That era has long passed, though. May he rest in peace.

[@xjusticegamingchannel9783]

Munger Post his Will. im curious.

[@mariapanayioto1733]

I realy m so sorry about mr CharlieMunger . Isn't true that he passed away? . That s what the video is saying .. IfThis is true I m so sorry . I m going to pray for his peace . He was a rare smart person STILL LOVE the picture of mr CHarlie With mr Warren and mr Gates . I THANK YOU .

[@davefox8948]

I can’t help but wonder, did he mean Elon Musk was humble or arrogant? RIP Mr. Munger.

[@vidiadevi901]

#cavi drni pt vidia nidhi laksmi devi (bmc bali )

[@tushar4820]

R.I.P Charlie munger

[@diamondcobra5150]

“Charlie munger dead at 99” Is it hard to say “passed” at 99 ?

[@นฤมลจงสวัสดิ์-ฑ4ภ]

Long crash price in supply use the vat cruve in after point introduce share the vat

[@นฤมลจงสวัสดิ์-ฑ4ภ]

Long crash price in demand of crash in discount

[@reybigcena]

I’m shocked

[@AJ-py2kt]

😢❤

[@DrewskiOne]

RIP Charlie

[@นฤมลจงสวัสดิ์-ฑ4ภ]

Green cruve point in demand of finance

[@alstocktrades]

RIP

[@xjusticegamingchannel9783]

Buffet: we had dinner together in 1959. In 5 mins. Charlie was laughing it his own poor ppl jokes and i did the samething and every since then we......"

[@i.03983]

ill think of him when i look down

[@GeorgiaMade404]

Lost 2 greats in the investment world this year…. Sam Zell and Charlie Munger. RIP

[@DogWater2011]

One of the richest men in America, dead. Steve Jobs one of the richest men, dead. Live your life because we all have an expiration date. Thrive my people! Thrive!

[@jamesbyrne9312]

A great loss