6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP494: The Worldly Wisdom of Charlie Munger

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Biggest Lesson Learned From Charlie Munger

Charlie Munger is the Vice Chairman of Berkshire Hathaway. He was a previous chairman at the Daily Journal until March of 2022, and was the Chairman of Westco Financial Corporation from 1984 through 2011. As of the end of 2021, his stake in Costco was worth $81 million, while his estimated total net worth was roughly $2 billion. Similar to Warren Buffett, Charlie is someone who we can learn so much from in regards to investing in wealth but that is really just a side benefit compared to the wisdom we can gain on how to live a good life.

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