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InvestED: The Rule #1 Investing Podcast

447- Thank You, Charlie Munger

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 6 December 2023

⏱️ 2 minutes

🧾️ Download transcript

Summary

The podcast is taking a break this week, but Danielle checks in briefly to share her thoughts on the loss of one of the investing world’s titans as Berkshire Hathaway’s Charlie Munger passed away this week at the age of 99. Rule #1 owes a debt of gratitude to Charlie and the wisdom he’s contributed to the investing community over the past several decades. The legacy he leaves behind—from his outsized impact on the business world to the Mungerisms he was so fond of sharing—will be irreplaceable to those who looked to his guidance in their practice of value investing. For a peek into some of the sharpest minds that the field of investing has to offer, click here for Rule #1’s free guide to The Best Investors in the World: https://bit.ly/3DhbmIS Topics Discussed: Charlie Munger Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, Hi everybody and welcome to Invested. I'm Danielle Town. We got the sad news this week that

0:16.5

Charlie Munger passed away. I was, you know, it's that terrible saying I was shocked but not surprised and for somebody

0:27.2

who had such a long incredible life there's so much to say there's so much to remember about him, but I will just say now that I felt like I had lost somebody in my own life. I felt really sad and do feel sad, which is a weird feeling about somebody that you don't know and isn't

0:46.5

in your own life, but I imagine many of you felt the same.

0:50.7

So we're going to talk about that in a non-regular episode, like one that is

0:58.0

posted a little off schedule and then we'll get back to our usual investing discussions.

1:04.2

So thank you everybody.

1:06.6

Thank you to Charlie Munger and my heartfelt thoughts

1:11.1

go out to the people who were in his life and had had him in theirs because they are really feeling the loss.

1:19.0

Thanks everybody and we'll be back shortly off the regular schedule.

1:23.2

So look out for that one.

1:25.0

Have a good day and enjoy your investing practice.

1:28.0

Bye. Hi guys, thanks for listening to Invested. If you enjoyed this episode and you want more information or to listen to additional episodes,

1:44.0

visit our website at invested podcast.com and sign up for my virtual workshop right there.

1:50.0

Spots are definitely limited for this event.

1:52.0

I'm not kidding, they really really are they sell out very quickly.

1:55.0

So everything discussed on this podcast by the way is either my opinion or it's Danielle's opinion

2:00.0

and it's really important it's not to be taken as investing advice because I am not your financial advisor

2:05.8

Nor have I considered your personal situation as your fiduciary

2:09.8

So remember that you're on your own here. This podcast is for your entertainment and education only,

2:16.0

and I really hope you enjoyed it.

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