There is no pinned content in this Editor's Picks module.
Click here to learn more about content pinning.
In this, we agree with Charlie Munger’s partner, Warren Buffett: productive assets are better than cash and bonds denominated in baseless currencies. We agree with any implication that saving in fiat cash or fiat-denominated fixed-income instruments is...
Melbourne, Australia – Uncivilized times call for uncivilized investments. Charlie Munger, Warren Buffett’s partner in crime at Berkshire Hathaway, told CNBC recently, “I think gold is a great thing to sew into your garments if you’re a Jewish family in...
Civilized folks like Charlie Munger and Warren Buffett consider that 15-year trend a fluke. Maybe so. Or maybe this trend is a warning that America is becoming a bit less civilized — a bit less friendly to productive businesses. Notwithstanding this...
Spirit of Democracy, an advocacy group funded largely by Munger, has poured more than $175,000 into a radio and mail promotional campaign for Gaines this month. Pugno is attempting to create a backlash by painting the GOP activist as a liberal. Munger...
Last week, filings revealing Berkshire's latest purchases led to more than a 2% bounce in General Motors (NYSE: GM ) that day and also helped Viacom post a modest gain in a down market. Considering Buffett and his right-hand man Charlie Munger's age,...
Charles Munger Jr.’s committee today reported spending another $202,000 to help Newport Beach Councilwoman Leslie Daigle try to make it through the primary and into the November runoff. The latest money – most of it going for television advertising –...
Republican Charles T. Munger Jr. funded initiatives that stripped the Legislature of its power to draw districts. In recent weeks, he has spent more than $700,000 to help Republicans win primaries. Richard Temple, a Republican consultant working for...
As I remarked in a previous Angle, if a sense of humour is any indication of mental capacity, then these two men have not lost anything to old age. I maintain this view and think that Charlie Munger showed even better form this year. Munger...
"I think gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold. They invest in productive businesses." –Charlie Munger, Vice-Chairman of Berkshire Hathaway “Whoever...
Gold continues to be a hot topic of investing even if it has been slumping of late. It doesn’t hurt when you have Charlie Munger, Warren Buffet’s right hand man, recently quoted as saying, “I think gold is a great thing to sew into your garments if...
Republican Charles T. Munger Jr. funded initiatives that stripped the Legislature of its power to draw districts. In recent weeks, he has spent more than $700,000 to help Republicans win primaries. Richard Temple, a Republican consultant working for...
Many annual reports attempt all manner of literary gymnastics to obfuscate economic reality. In stark contrast, Berkshire Hathaway’s report is highly readable and often frank in the extreme. Meanwhile, at the annual meeting, Buffett sits with his...
But despite the new top-two open primary, it has looked increasingly possible that Daigle would be left behind in the three-way race, with Mansoor and Rush advancing to November. That means the boost from wealthy Republican activist Charles Munger, Jr....
As part of the meeting, Berkshire companies host exhibit booths where shareholders can purchase such items as T-shirts and undergarments from Fruit of the Loom; get insurance quotes from GEICO; buy sets of GINZU knives or purchase kitchen utensils from...
Your sound bites confuse many investors about what may prove this generation's most critical financial topic as your perspective compares vastly different asset classes through the same lens. Your words and Charlie's words left thousands of your...
Though I did not plan it this way, the first day I had dinner with value investors/friends from the U.K. , on the second from Germany, and on the third from Spain. I have at least a dozen stock ideas to research and new thoughts to process. Charlie...
Spirit of Democracy also is backing Republican Leslie Daigle against incumbent GOP Assemblyman Allan Mansoor of Costa Mesa in the 74th Assembly District race. Munger, a major GOP donor and a key backer of redistricting reform, has pushed to moderate the...
But he also wasn't short on wisdom. Here are three pieces of advice worth heeding: 1. Buy what you know, or can learn. Just as Buffett and Charlie Munger counseled against spending too much time evaluating declining businesses, they also advised...
Those two measures were billed as removing bipartisan gerrymandering and making more competitive districts that would elect more moderate representatives. Like Daigle. Munger gave more than $1.3 million to those two measures. His sister, Molly Munger,...
(UPS): the firm owns 1.4 million shares valued at $115 million. Buffett has had for several years a large stake in Chinese automaker BYD, known primarily for its electric car lineup. That big auto bet, originally recommended by Buffett right hand man...
Charles Thomas Munger (b. January 1, 1924, Omaha, Nebraska) is Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by investor Warren Buffett. Full Article
Warren Buffett, chairman and CEO of Berkshire Hathaway and his vice chairman Charlie Munger, are seen on a big screens as they answer questions at the Berkshire Hathaway shareholders meeting in Omaha, Neb. , Saturday, May 5, 2012.
View Photo »Warren Buffett, chairman and CEO of Berkshire Hathaway, right, and his vice chairman Charlie Munger, are seen on a big screen as they preside over the Berkshire Hathaway shareholders meeting in Omaha, Neb. , Saturday, May 5, 2012.
View Photo »Shareholders pose with cardboard cartoons of Berkshire Hathaway chairman and CEO Warren Buffett, left, and his vice chairman Charlie Munger outside the Berkshire-owned Borsheims jewelry store in Omaha, Neb. , Friday, May 4, 2012. Berkshire Hathaway is expected to have 30,000...
View Photo »Warren Buffett, chairman and CEO of Berkshire Hathaway and his vice chairman Charlie Munger, are seen on a big screens as they answer questions at the Berkshire Hathaway shareholders meeting in Omaha, Neb. , Saturday, May 5, 2012.
View Photo »I don't invest in what I don't understand. And I don't want to understand Facebook
I don't invest in what I don't understand. And I don't want to understand Facebook
I probably have more prostate cancer than he does
As a matter of fact, I rather resent the attention he [Buffett] is getting. ... I don't know [if I have prostate cancer] because I don't let them test for it.
If it's got a really high commission on it, don't bother looking at it
I remember when we did the Marshall Plan with bipartisan support. That's the kind of world I'd rather have.
I can't pronounce them but they've got some very great companies.
They're not worth as much as growing businesses.
We just have a wonderful portfolio in business, if you average them out ... By and large they're doing productive, useful work. It’s not outsmarting the computer systems in the trading markets.
It's important for us that voters know that
I really liked the place ... And I liked the fact that it's done so well when much else in Michigan has gone wrong.
Do you want to be the group of people that said, 'No, we're just going to do a traditional Band-Aid this year, something small and temporary?'
Do you want to be the group of people that said, 'No, we're just going to do a traditional Band-Aid this year, something small and temporary?'
He put down his paper and thought about it for a bit and said the most wonderful thing: 'Molly, I'm a product of Omaha Central public high school, and I don't think it did me any harm. And I don't think it'll do you any harm either.' He changed my life right there
We both could amuse ourselves with art collections, golf and writing the great American novel
We have to get back to investing in the children because it's the right thing to do and it is the wise thing to do
I thought: 'This is the real world, this is much more genuine and interesting,' ... I was very happy at Westridge, but I knew it just wasn't as real.
