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Squawk Pod

Charlie Munger: A Life of Wit and Wisdom Part 1 12/02/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 2 December 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

He was irreverent, he was focused, he was one of the world’s most successful investors. And he was one of a kind. Billionaire investor Charlie Munger - the longtime right-hand man and close friend of Berkshire Hathaway CEO Warren Buffett - died at age 99, a few weeks shy of what would have been his 100th birthday.. Becky Quick, Squawk Box co-host, interviewed Munger two weeks before his death. She traveled to his home in Los Angeles for a discussion on how to live a long life, pragmatic investing and the stunning advancements of the last century. This would be their final conversation. Charlie Munger: These ‘basic rules’ made me successful in life—‘with Warren Buffett, I had all 3’ Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger The Warren Buffett Archive Revisit our 2021 Squawk Pod series, Warren Buffett and Charlie Munger: A Wealth of Wisdom Read more about Charlie Munger’s legacy: Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99 Munger in final interview describes how he and Buffett turned Berkshire Hathaway into such a success How Munger and Buffett’s 60-year partnership was so special: ‘Charlie and I have never had an argument’ Charlie Munger’s sharp wit turned Berkshire meetings into uproarious affairs A ‘true master of investing:’ Top value investor on how Charlie Munger changed the craft Charlie Munger’s greatest bits of investing advice from over the years The investing world reacts to death of Berkshire legend Charlie Munger Follow Becky Quick on X: @beckyquick Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese. CNBC’s Managing Editor is Lacy O’Toole. John Lazration edited this podcast series.

Transcript

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0:00.0

Hi, this is C. M. Beky Quick, co-host of Squack Box. Check out our special podcast series on the

0:09.9

life of 99-year-old billionaire Charlie Munger, the close friend of investor Warren Buffett and longtime vice chair of Berkshire Hathaway, died a few weeks shy of his 100th birthday.

0:20.0

What I am is a lover of the progress of civilization that turns me out.

0:26.0

Charlie was irreverent.

0:28.0

He was focused. He was one of the world's most successful investors and he was one of a kind.

0:33.5

Here his last interview in Charlie Munger, a life of wit and wisdom.

0:38.4

You can find it by searching Squack Pod on your favorite podcast app.

0:51.0

Is there anything left on your bucket list, anything you'd like to do? Well, that's an interesting question.

0:53.4

I am so old and weak compared to what I was when I was 96.

0:57.6

All I love it, Charlie loves it.

1:01.9

We're glad to have you here.

1:03.0

We're celebrating King Charles and we've got our own King Charles here today.

1:08.0

I would say that every time I'm with Charlie,

1:12.0

I've got at least some new

1:14.0

slant on an idea that that causes me to rethink certain things and and we've had

1:19.5

absolutely we've had so much fun in the partnership over the years.

1:23.4

It's been almost hilarious.

1:25.7

It's been so much fun.

1:27.6

Charlie Munger was one of the smartest people I've ever met.

1:30.9

He was an investor.

1:32.3

He was a teacher. He was a teacher. He was a renaissance man who taught himself so many different things. And he was one of a kind.

1:40.0

My father grew up in a world where you you want to go around Lincoln, Nebraska,

...

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