449- Charlie

On this bittersweet episode of InvestED, Phil and Danielle come together after taking some time to reflect on the impact of Charlie Munger, both in the financial world as well as in their own personal lives and investing journeys.

The loss of such a magnanimous figure will surely leave a void in the value investing community, but as Li Lu penned in his eulogy for Munger (link below), the man’s contributions to the collective understanding of investing practice will be felt utilized and pored over for generations to come.

Looking back on a life of great successes, philanthropy, and pithy wisdom that has inspired so many great investors to reach new heights, we have nothing to add.

For help following Charlie’s process of finding new companies to invest in, click here for Phil’s Value Investing Cheat Sheet: https://bit.ly/3QeCCje

Topics Discussed:

• Investing as enlightenment
• Munger’s aphorisms
• EBITDA
• Modern Portfolio Theory

Resources Discussed:

• Li Lu’s eulogy for Charlie Munger
• Autobiography of a Yogi
• Munger’s BBC interview

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