This conversation provides an overview of Charlie Munger's life, career, and investment philosophy. It explores Munger's role in shaping Berkshire Hathaway and his approach to investing in wonderful businesses at fair prices. Munger's background and early exposure to business are discussed, as well as his education and early career in law. The conversation also covers Munger's partnership with Warren Buffett and their investment strategies. Munger's investments in Blue Chip Stamp and Diversified Retailing Corporation are highlighted, along with his focus on better businesses. The conversation concludes with Munger's impact on Warren Buffett's investment style.

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Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/179.

Chapters

(00:00) Introduction to Charlie Munger

(02:18) Charlie Munger's Blueprint for Berkshire Hathaway

(03:44) Charlie Munger's Approach to Investing

(05:01) Charlie Munger's Background and Early Life

(06:25) Charlie Munger's Exposure to Business

(08:07) Charlie Munger's Education and Early Career

(09:03) Charlie Munger's Transition to Full-Time Investing

(10:24) Charlie Munger's Partnership with Warren Buffett

(12:48) Charlie Munger's Investment Strategies

(14:07) Charlie Munger's Investment in Blue Chip Stamp

(16:52) Charlie Munger's Diversified Retailing Corporation

(18:16) Charlie Munger's Focus on Better Businesses

(19:14) Charlie Munger's New America Fund and Daily Journal Corporation

(20:39) Charlie Munger's Role in Berkshire Hathaway

(21:39) Charlie Munger's Impact on Warren Buffett's Investment Style

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Explore my full summary for the book featured this week.

The Tao of Charlie Munger: Wisdom on Life, Business, and the Pursuit of Wealth

For more, explore my full profile on Warren Buffett.

Who is Charlie Munger? Wit and Wisdom From The World’s Most Irreverent Billionaire

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