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Morning Brew Daily

Remembering Berkshire Hathaway's Charlie Munger & The $16 McDonald's Inflation Burger

Nov 29, 2023
29:04
Snipd AI
Neal and Toby discuss the legacy of Berkshire Hathaway's Charlie Munger and Mark Cuban's recent moves. They also talk about the $16 McDonald's inflation burger, sustainable aviation fuel, AI writers in Sports Illustrated, and the drug that could extend your dog's life.
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Podcast summary created with Snipd AI

Quick takeaways

  • Charlie Munger's investing lessons, such as destroying one's own ideas and knowing one's circle of competence, made him a highly quotable figure.
  • Mark Cuban's departure from Shark Tank marks the end of an era, leaving a legacy as one of the show's most beloved sharks.

Deep dives

Charlie Munger's Legacy and Investing Lessons

Charlie Munger, the vice chair of Berkshire Hathaway, passed away at the age of 99. Munger, alongside Warren Buffett, turned Berkshire Hathaway into a successful conglomerate, posting remarkable annual gains on their stock. Munger's investing lessons, such as destroying one's own ideas and knowing one's circle of competence, made him a highly quotable figure. Munger's influence on Buffett and the investing world will be remembered.

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