Charlie Munger
From Depression-Era Hardship to Becoming Warren Buffett's Partner
Net Worth
$2.6B
Born
January 1, 1924 (died age 99)
Country
United States
Occupation
Vice Chairman of Berkshire Hathaway, Investor, Philanthropist
Gender
male
Generation
Greatest Generation
Marital Status
married
Children
8
Single Parent Household
No
Education
Master's
University
University of Michigan, California Institute of Technology, Harvard Law School
Industries
business, education
Wealth Category
billionaire
Wealth Origin
self-made
First-Gen Wealth
Yes
Overcame
- • Father lost savings during Great Depression
- • First marriage ended in divorce; son died of leukemia
- • Developed cataracts; lost one eye to glaucoma
- • Faced blindness risk in remaining eye
- • Worked multiple jobs to support family through school
Charlie Munger was Warren Buffett's longtime business partner and Vice Chairman of Berkshire Hathaway. A lawyer turned investor, he developed the 'latticework of mental models' approach to decision-making that influenced generations of investors. Known for his blunt wisdom and multidisciplinary thinking, he was considered one of the greatest minds in business history.
Career Timeline
Notable Quotes
"In my whole life, I have known no wise people who didn't read all the time—none, zero."
"The big money is not in the buying and selling, but in the waiting."
"Spend each day trying to be a little wiser than you were when you woke up."
"Knowing what you don't know is more useful than being brilliant."
"I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do."