The Munger, the myth, the legend
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 29 November 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
Charlie Munger, business partner to Warren Buffett and vice chairman of Berkshire Hathaway, died on Tuesday at the age of 99. Today, we look back at the wisdom and humor of the Oracle of Omaha’s right-hand man. Plus, the U.S. economy grew faster than we thought, and China makes a bet on green energy. Also: a refresher on campaign finances rules.
Transcript
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| 0:00.0 | Hi, it's Sabrie Beneschoor with Marketplace. |
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| 0:24.0 | Remembering Charlie Munger. |
| 0:27.0 | From Marketplace, I'm Sabrie Benashore in for David Brancaccio. |
| 0:30.0 | Renowned investor Charlie Munger died yesterday at the age of 99. |
| 0:34.5 | He was known as Warren Buffett's right-hand man. |
| 0:37.0 | The pair built Berkshire Hathaway into a titan of investing. |
| 0:40.5 | Right up until his death, Muner was dispensing advice on finances and on life. |
| 0:45.6 | Simple to spend less than you earn and invest brutally and avoid toxic people and toxic activities and try and keep |
| 0:58.9 | learning all your life etc etc and do a lot of deferred gratification because you prefer life that way. |
| 1:06.0 | If you do all those things you are almost certain to succeed. |
| 1:10.0 | And if you don't, you're going to need a lot of luck. |
| 1:14.0 | A lot of luck. |
| 1:16.2 | Munger was also famous for his sense of humor. |
| 1:19.4 | People don't seem to get that point. |
| 1:21.4 | You have any idea why Charlie? |
... |
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