Nearly Blind To $2.1 Billion - Charlie Munger

Warren Buffett is likely the best-known investor of all time which is not surprising given his legendary track history. Since 1965, Buffett has averaged an annual return of 20.5% which has given him a net worth of $100 billion. However, despite the insane popularity of Buffett, not nearly as many people know about his closest friend and business partner Charlie Munger. Munger was actually not a lifelong investor like Buffett. In fact, Munger didn’t start seriously start investing till his 40s and he didn’t take on investing as a full-time job until his 50s. Until then, he was actually a lawyer who was facing extreme adversities in his life. For example, his son died of leukemia, a divorce took his home, and he would lose an eye to cataracts. Despite all these terrible experiences, Munger never allowed himself to wallow in self-pity and he was always looking to get to the next level. His persistence eventually paid off as he would become Buffett’s right-hand man and a multi-billionaire himself. This video tells the story of Charlie Munger and how he became the backbone of Berkshire Hathaway.

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Timestamps:
0:00 - Charlie Munger
0:59 - Early Life
2:58 - Extreme Adversity
4:55 - Giving Up Law
6:52 - Berkshire Hathaway
8:58 - Munger’s Legacy

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Видео Nearly Blind To $2.1 Billion - Charlie Munger канала Logically Answered