3min chapter

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

TIP540: Lessons in Life and Business from a Self-Made Billionaire w/ Andrew Wilkinson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Relationship Between Warren Buffett and Munger

You're under what, 30 fully owned companies now and there's something like 90 that you're a minority investor in. Is there often a path where the minorities are something that ultimately become majority or the minorities more bigger pies already that you're just wanting to write along with? Well, it's interesting. I kind of look at it as roulette chips. It's not our primary business. We get to engage with great entrepreneurs and we put down a whole bunch of chips and now and then we win. The thing I love about Munger is just his level of patience is staggering. He'll buy one. And he does not do anything that he does not want to do. You know

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