Charlie Munger in final CNBC interview: You've got to learn how to recognize rare opportunities

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  • เผยแพร่เมื่อ 27 พ.ย. 2023
  • CNBC's Becky Quick joins 'Closing Bell Overtime' to discuss her recent interview with Charlie Munger ahead of what would have been his 100 birthday. Long-time business partner of Warren Buffett, Munger died at the age of 99.

ความคิดเห็น • 881

  • @micheal_mills
    @micheal_mills หลายเดือนก่อน +922

    Like Warren Buffet said, dividends are only good if the business you're investing into can't make good use of that capital. So, if you're trying to invest in businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they're returning capital to you because they think you can make better use if it than they can. It's not much different from bond investing. The way I see it, if you have a $1 million at some point, that'd be enough to create a portfolio that would pay you between 50k - 70k in dividend income.

    • @donna_martins
      @donna_martins หลายเดือนก่อน +3

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

    • @Walter_hill_
      @Walter_hill_ หลายเดือนก่อน +2

      Very true! I've been able to scale from $50k to $189k in this red season because my financial advisor figured out defensive strategies that help portfolios be less vulnerable to market downturns

    • @robert-1miller
      @robert-1miller หลายเดือนก่อน +2

      Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?

    • @Walter_hill_
      @Walter_hill_ หลายเดือนก่อน +2

      Natalie Noel burns is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.

    • @robert-1miller
      @robert-1miller หลายเดือนก่อน +1

      Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Natalie .

  • @SuperLari1234
    @SuperLari1234 5 หลายเดือนก่อน +324

    He was nearly a 100 but he never lost his mind. Such sharpness at such age. Incredible

    • @SuperLari1234
      @SuperLari1234 5 หลายเดือนก่อน

      @@joseph_goebbels606without working? He and Warren work harder than 99.99% of people. You're giving of very hate-ish vibes. Do better.

    • @hossamgebeily
      @hossamgebeily 4 หลายเดือนก่อน +3

      Id say he probably read a ton of books. Explains why he stayed sharp until the very end.

    • @vjan9003
      @vjan9003 4 หลายเดือนก่อน +2

      @@hossamgebeily and healthy most of the time too

    • @snorttroll4379
      @snorttroll4379 4 หลายเดือนก่อน

      He should have financed aubrey de grey

    • @OnlineEnglish-wl5rp
      @OnlineEnglish-wl5rp 3 หลายเดือนก่อน

      Well when you know the government will always get the taxpayer to bail out your bad investments I suppose you can relax and afford the best health care

  • @Greghilton3
    @Greghilton3 5 หลายเดือนก่อน +570

    Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

    • @CindyValenti
      @CindyValenti 5 หลายเดือนก่อน +7

      Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

    • @KarlGrabe955
      @KarlGrabe955 5 หลายเดือนก่อน +5

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

    • @Davidstowe872
      @Davidstowe872 5 หลายเดือนก่อน +5

      @@KarlGrabe955 I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?

    • @KarlGrabe955
      @KarlGrabe955 5 หลายเดือนก่อน +5

      I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

    • @Davidstowe872
      @Davidstowe872 5 หลายเดือนก่อน +3

      Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

  • @paulattaboyatreides6414
    @paulattaboyatreides6414 5 หลายเดือนก่อน +257

    At 99 still doing interviews, holding investor conferences, answering every question with cadence, wisdom, and patience all while wearing a suit and tie.

    • @TheMwowner1
      @TheMwowner1 5 หลายเดือนก่อน +8

      yea, they never did any physical work in their life.

    • @paulattaboyatreides6414
      @paulattaboyatreides6414 5 หลายเดือนก่อน +46

      @@TheMwowner1 he worked 12 hour days at a grocery store as a kid growing up during the Great Depression. Joined the Air Force as a meteorological officer during WW2, he didn’t see any combat (less than 5% of all enlisted servicemen did)
      The man lived an extraordinary life, and yes he may have not plowed the fields, but no one can throw his work ethic, self discipline, self awareness, and accomplishments into doubt.
      If you die at 99 with all your marbles intact, your children and grandchildren around you, with assets that would support them for the rest of their lives, you’ve won.

    • @pradeepv3282
      @pradeepv3282 5 หลายเดือนก่อน

      💯

    • @alanortiz4088
      @alanortiz4088 4 หลายเดือนก่อน +1

      @@TheMwowner1true but when your that age and rich most wouldn’t still be working

    • @tattushenoi
      @tattushenoi 4 หลายเดือนก่อน +1

      @@TheMwowner1and you did exactly what?

  • @gioc610
    @gioc610 5 หลายเดือนก่อน +286

    The level of clarity in this man’s mind at the age of 99 is truly astonishing.
    Edit: Wow! 10k likes! Thank you guys

    • @rjmcfly202
      @rjmcfly202 5 หลายเดือนก่อน +1

      ​@@So1b0w4t3JahExperience plus+ a youthful demeanor/attitude/outlook-on-life: (=) #Evergreen🍀🏁🎖️🎅

    • @andypicken7848
      @andypicken7848 5 หลายเดือนก่อน

      gioc610
      Smart with a capital S our Charlie.
      A life long self learner and a terrific role model for me

    • @joeythelipz
      @joeythelipz 5 หลายเดือนก่อน

      *was

    • @davecoly8007
      @davecoly8007 5 หลายเดือนก่อน

      10k likes? Are you stupid?

    • @OU81TWO
      @OU81TWO 5 หลายเดือนก่อน +6

      10K likes?? What are you taking about? You have a little over 200 as of now.

  • @shellylofgren
    @shellylofgren 4 หลายเดือนก่อน +746

    Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...

    • @DavidRiggs-dc7jk
      @DavidRiggs-dc7jk 4 หลายเดือนก่อน +2

      It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing....

    • @jeffery_Automotive
      @jeffery_Automotive 4 หลายเดือนก่อน +2

      i've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free...

    • @berkrix4312
      @berkrix4312 4 หลายเดือนก่อน +2

      @@jeffery_AutomotiveWould it be okay if I asked you to recommend this specific advisor or company that you used their services? Seems you've figured it all out.

    • @jeffery_Automotive
      @jeffery_Automotive 4 หลายเดือนก่อน +2

      I won't pretend to know everything, though. Her name is Julie Anne Hoover, but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

    • @berkrix4312
      @berkrix4312 4 หลายเดือนก่อน +1

      @@jeffery_Automotive I won't pretend to know everything, though. Her name is Julie Anne Hoover, but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

  • @smithlenn
    @smithlenn 4 หลายเดือนก่อน +336

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @belljoe
      @belljoe 4 หลายเดือนก่อน +2

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @Robertgriffinne
      @Robertgriffinne 4 หลายเดือนก่อน +2

      The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...

    • @rannyorton
      @rannyorton 4 หลายเดือนก่อน +2

      I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.

    • @Alejandracamacho357
      @Alejandracamacho357 4 หลายเดือนก่อน +5

      Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000

    • @rannyorton
      @rannyorton 4 หลายเดือนก่อน +1

      Fantastic! Can you share more details?

  • @PhilipMurray251
    @PhilipMurray251 3 หลายเดือนก่อน +379

    My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?

    • @Alejandracamacho357
      @Alejandracamacho357 3 หลายเดือนก่อน

      Long term? Stocks! Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.

    • @Natalieneptune469
      @Natalieneptune469 3 หลายเดือนก่อน +1

      Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1m ROI

    • @PhilipMurray251
      @PhilipMurray251 3 หลายเดือนก่อน

      Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?

    • @Natalieneptune469
      @Natalieneptune469 3 หลายเดือนก่อน +4

      Credits goes to Kate Elizabeth Amdall one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

    • @PhilipMurray251
      @PhilipMurray251 3 หลายเดือนก่อน

      I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon.

  • @WGchamara
    @WGchamara 5 หลายเดือนก่อน +240

    Legends never die.
    Rest in peace Charlie Munger.

    • @pomp4401
      @pomp4401 5 หลายเดือนก่อน +5

      I guess he is not a legend.

    • @atorabisameni3769
      @atorabisameni3769 4 หลายเดือนก่อน

      😂😂🤢🤢🤮

    • @JaguarPriest
      @JaguarPriest 4 หลายเดือนก่อน

      He will rot in the underworld

    • @snorttroll4379
      @snorttroll4379 4 หลายเดือนก่อน

      He did not pony up the cash for aubrey de grey's research. that decision has consequences.

  • @SandeepKulshrestha
    @SandeepKulshrestha 5 หลายเดือนก่อน +68

    Becky is so authentic. What a man he was? Whether one is rich or poor, one gotta live with purpose.

  • @andrewfielding2160
    @andrewfielding2160 5 หลายเดือนก่อน +167

    Rest in peace Mr Munger. A true gentleman and legend. You will be missed by many.

  • @stephaniehale946
    @stephaniehale946 5 หลายเดือนก่อน +68

    *Rest in peace, Charlie. You were a gift to humanity. Your wisdom, intellect, and perspective will be missed dearly. I can only imagine what Warren must be going through. You guys were together for over half-a-century. The world will miss you, Charlie. Lots of love and respect!*

    • @snorttroll4379
      @snorttroll4379 4 หลายเดือนก่อน

      If they had financed Aubrey De Grey's research they would not be so frail now and would actually be skipping to work every day. Bill Gates. you are next up unless you finance Aubrey De Grey's research.

  • @Freddyyyy266
    @Freddyyyy266 4 หลายเดือนก่อน +82

    This man right here is my idol. He inspired me to take my finances seriously. I began investing less than a year ago and with professional help, I’ve recorded tremendous growth in my portfolio. Rest on Legend.

    • @Positivity75
      @Positivity75 4 หลายเดือนก่อน +1

      Everything seems overpriced right now. One can’t tell what would turn out to be a smart investment. What do you think is the best approach for someone who is just starting out investing?

    • @Freddyyyy266
      @Freddyyyy266 4 หลายเดือนก่อน +3

      Herman Jonas, an astute financial analyst is the brain behind my success. I've gotten into a plethora of assets with $33k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now I sit back, and just reinvest at intervals while I enjoy my retirement.

    • @Denniss20
      @Denniss20 4 หลายเดือนก่อน +1

      Do not forget that when it comes to the stock market, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.

    • @mendeleyborisov92
      @mendeleyborisov92 4 หลายเดือนก่อน +3

      @@Denniss20 I agree that the market can be quite unpredictable, but working with Herman has been a game-changer for me. His market insights and strategies are consistently spot-on. It’s not just about profits; it’s also about the peace of mind that comes from knowing you’re in capable hands.

    • @Rmorales799
      @Rmorales799 4 หลายเดือนก่อน +2

      How can I reach him, please? I'm buoyed by the good recommendations I’ve come across elsewhere. I need help with investing. I'm ready to pay for his services.

  • @ImBeneficial
    @ImBeneficial 5 หลายเดือนก่อน +72

    Legends never die they say, Charlie and his teachings relative to investing and life itself will forever live on. Rest easy Charlie. You know they say you're never really dead till everyone alive stops thinking about you, I'm more than certain Charlie has another full life ahead. Prayers to all his friend's, family, and partners.

  • @Wa8977
    @Wa8977 5 หลายเดือนก่อน +47

    A true man of honor and value, a rarity. Charlie’s legacy will impact us all for decades to come.

  • @AloneInTheVoid
    @AloneInTheVoid 5 หลายเดือนก่อน +31

    "There are things you give up with time." -Charlie Munger
    How true..

    • @domenicopolo
      @domenicopolo 5 หลายเดือนก่อน +1

      So true!! That one kinda hurt!

  • @paultomori
    @paultomori 5 หลายเดือนก่อน +16

    Becky Quick has provided extraordinary coverage of Munger and Buffett for years. One can see there was a high level of mutual respect there. Thank you, Becky.

  • @CapitalJ25
    @CapitalJ25 5 หลายเดือนก่อน +32

    This was so poignant! Becky, you were so sweet and gentle with him--it was really, really moving!! I'm sorry for your loss. God bless Charlie and his family and you and your family. May your holiday season and New Year be filled with all of the best of life!!

  • @trepan4944
    @trepan4944 5 หลายเดือนก่อน +61

    RIP to a Legend and my heart goes out to Becky. She knew Charlie so well, I'm sure she is taking this harder then she lets on.

    • @amethyst4444
      @amethyst4444 4 หลายเดือนก่อน

      Yes definitely 😢😢😢

  • @Driftless_Wanderer
    @Driftless_Wanderer 5 หลายเดือนก่อน +34

    RIP Charlie. A heartfelt interview, well done.

    • @snorttroll4379
      @snorttroll4379 4 หลายเดือนก่อน

      Research Aubrey de Grey

  • @RandyVincent808
    @RandyVincent808 5 หลายเดือนก่อน +34

    *I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*

    • @berkymargin4611
      @berkymargin4611 5 หลายเดือนก่อน

      Investing in many sources of income that are independent of government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

    • @TheresaDiana12
      @TheresaDiana12 5 หลายเดือนก่อน

      It's really not easy trading this market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

    • @angelobonomi7227
      @angelobonomi7227 5 หลายเดือนก่อน

      wanted to trade, but | got discouraged with the market price fluctuations~>

    • @JohnMichael007
      @JohnMichael007 5 หลายเดือนก่อน

      Trading under the guidance of a professional is the best strategy for beginners.

    • @LanceMclendon
      @LanceMclendon 5 หลายเดือนก่อน

      I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Bitcoin and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

  • @mk00744
    @mk00744 5 หลายเดือนก่อน +65

    May his soul rest in peace. He was a great teacher and mentor.

  • @wiedermond
    @wiedermond 5 หลายเดือนก่อน +4

    RIP Mr Charlie Munger. I have the same birth date, only 50 years later and was very much looking forward to celebrating our landmark birthday in the coming new year. I thought he was invincible and immortal somehow. Your teachings in investment and life wisdom will never fade away.

  • @SanghoonOh_3662
    @SanghoonOh_3662 5 หลายเดือนก่อน +10

    A month ago, I found his book at a library, and started reading.
    Easy to read, simple sentences carrying wisdom of tremendous importance. Couldn't stop reading it.
    Then I decided to write it down on a paper. Page by page, day by day...what he says on his book was like not from a normal man on Earth. I was enjoying myself, knowing him, reading and listening to him.
    I am shocked to know ...

    • @kaizenerfolg1297
      @kaizenerfolg1297 5 หลายเดือนก่อน +1

      What's the name of the book please ?

    • @poavao6832
      @poavao6832 5 หลายเดือนก่อน

      Title of book please?

    • @SanLouisKid
      @SanLouisKid 4 หลายเดือนก่อน +1

      Not sure if this is the book mentioned but a revised/updated version of Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger is set to release in Kindle format in December 2023. The presale price is currently $9.99. They physical book weight is around 4 or 5 pounds so the digital version will be great for me to reread this fascinating compilation authorized by Charlie himself.

  • @JSIsaiah
    @JSIsaiah 5 หลายเดือนก่อน +17

    This video made me cry. Thank you for changing my (and many people like me) life for the better, Charlie -- you lived one of the best lives in the history of humanity. R.I.P.

  • @andreasd6857
    @andreasd6857 5 หลายเดือนก่อน +2

    Thank You Charlie for everything you have done for Berkshire!
    Glad you were so long with us!🤗

  • @kevt9189
    @kevt9189 5 หลายเดือนก่อน +48

    Charlie was full of common sense pity there is not more like him in this world

    • @COOLARUL
      @COOLARUL 5 หลายเดือนก่อน +1

      Common sense is a misnomer. It is not very common.

    • @tomiasthexder7673
      @tomiasthexder7673 5 หลายเดือนก่อน +1

      Except his comment around calling covid unvaccinated people stupid….heart failures are up exponentially among vaccinated people.

    • @AngelA-mk5ty
      @AngelA-mk5ty 5 หลายเดือนก่อน

      Remember when he payed for a building with only 2 exits and no windows to house university students because i remember

    • @tylertyler82
      @tylertyler82 4 หลายเดือนก่อน

      @@tomiasthexder7673citations needed

  • @ST-vs8yb
    @ST-vs8yb 5 หลายเดือนก่อน +29

    A model, a hero, a guide, thank you Charlie ! 🙏❤

    • @andypicken7848
      @andypicken7848 5 หลายเดือนก่อน

      Agreed if you are unable to learn anything good from Charlie then you either know it all or you are incapable of learning.
      He was a giant of a man

  • @dannyfoelber2124
    @dannyfoelber2124 5 หลายเดือนก่อน +12

    His intellect and wry sense of humor player perfectly with Warren Buffett. The ideal partnership, which resonates in every annual shareholder letter and meeting. The love and appreciation for Charlie Munger is next level. He's a great example of wisdom and humor, and the importance of humor when dealing with complicated subjects.

  • @Maher-ub6vu
    @Maher-ub6vu 5 หลายเดือนก่อน +14

    Always sad to lose a great American. What an amazing country, we need to appreciate our treasures while they are with us, and try to learn from them after they are gone. R.I.P Mr. Munger. 🙏

  • @Pawelec801
    @Pawelec801 4 หลายเดือนก่อน +1

    I discovered Charlie relatively recently. His views and life advice is so simple yet so profound and correct. We are very lucky this man lived when he could have been recorded. Many, including myself, will use and profit from his wisdom long after he is gone. Rest in peace, Charlie.

  • @railfeats3523
    @railfeats3523 5 หลายเดือนก่อน +1

    what a quick-witted and multidisciplinary mind! first learned about munger while reading the snowball, then went down the rabbit hole of reading countless articles about him from his witty one-liners to his recommended books ... what a life and legacy, well done, charlie munger, rip now!

  • @Teamshmo
    @Teamshmo 5 หลายเดือนก่อน +6

    Charlie is definitely a legend and I am happy he did so many interviews as we will have his knowledge through clips forever

  • @gilmayer1
    @gilmayer1 3 หลายเดือนก่อน +1

    RIP Charlie 🙏
    Thank you for being our teacher and mentor 💙

  • @jakestuckey3130
    @jakestuckey3130 5 หลายเดือนก่อน +317

    The man never lost his mind even at that age, wish we could all go out that way

    • @Fj8282haha
      @Fj8282haha 5 หลายเดือนก่อน +5

      Remember Charlie’s teaching; keep on learning !that’s how you get there

    • @chrislastnam6822
      @chrislastnam6822 5 หลายเดือนก่อน

      ​I think he died at home and the interview in the video was with Charlie in his beautiful Pasadena back yard was just two weeks ago. I'll miss his videos.

    • @arianbehnami1050
      @arianbehnami1050 5 หลายเดือนก่อน +1

      They said he died in the hospital but they didn’t say of what. Can’t make assumptions, though when I spoke about this with someone who I know who is a doctor, he said that based on how it was described in the release it could have been a stroke. If this information is updated feel free to correct me as it’s purely speculative

    • @jamalnasir5648
      @jamalnasir5648 5 หลายเดือนก่อน +1

      @@davidphones7290 extend his life? He was not chronically ill. He literally died of old age. What did you want him to do?

    • @davidphones7290
      @davidphones7290 5 หลายเดือนก่อน

      @@jamalnasir5648 that’s false. Apparently you haven’t heard.

  • @magicalpodium
    @magicalpodium 5 หลายเดือนก่อน +10

    Wow. I was just thinking about him today. What a straight shooter. His standards were high. Warren would have never asked for a better partner than Charlie. The man played his role very, very well.

  • @MOTV583
    @MOTV583 5 หลายเดือนก่อน +2

    This is my first time seeing this interview, and hindsight is 20/20, but I've been around a lot of elderly people and people on hospice, etc. Despite his age you could tell he had one foot out the door and didn't expect to see his next birthday. You could also tell he was at peace with himself.
    R.I.P. to one of the greatest investors and wisest men.
    Asking Charlie Munger to join him was Warren Buffett's greatest investment.

    • @Halfnatty4882
      @Halfnatty4882 3 หลายเดือนก่อน

      I noticed that as well

  • @jonjurgovan1454
    @jonjurgovan1454 5 หลายเดือนก่อน +100

    Becky has always been a great moderator and interviewer of Charlie and Warren. Nice to see her break her professional objectivity as a journalist and show her clear admiration and sorrow for the passing of Charlie.

    • @arianbehnami1050
      @arianbehnami1050 5 หลายเดือนก่อน +5

      You could see at one point she seemed to be trying very hard not to cry

    • @mflindustries
      @mflindustries 5 หลายเดือนก่อน +4

      I think Charlie’s greatest wealth was shown when Becky said he was her friend.
      He bettered my life & thoughts.

  • @subhranshudas8862
    @subhranshudas8862 5 หลายเดือนก่อน +5

    True American Icon.
    Thank you for the inspiration & wisdom.
    RIP Charlie

  • @UT48D
    @UT48D 5 หลายเดือนก่อน +1

    I can see Becky lost a dear friend, such a great loss when friends are so deeply connected intellectually that can have smart conversations.

  • @Twitch-oq3ir
    @Twitch-oq3ir 5 หลายเดือนก่อน +6

    i am honored to have known him! Rest well Legend.

  • @SunnyGoklani9
    @SunnyGoklani9 5 หลายเดือนก่อน +2

    I'm so sad but CNBC - seriously, thank you! for always bringing the sweetest moments from Buffett and Munger to us! Especially, Becky!

  • @matt79de
    @matt79de 5 หลายเดือนก่อน

    Thanks for bringing in Becky for this. Charlie would have loved it. To Becky: Thank You for all Your wonderful interviews with Charlie.

  • @homeontherange733
    @homeontherange733 5 หลายเดือนก่อน +285

    The world lost a leader, a mentor and friend. Charlie Munger was a very wise man on so many levels. Rest in peace.

    • @dennismorris7573
      @dennismorris7573 5 หลายเดือนก่อน +2

      Well said.

    • @davidhynes
      @davidhynes 5 หลายเดือนก่อน +5

      Just imagine giving 100 million to schools, what a beautiful soul.

    • @appleforever6664
      @appleforever6664 5 หลายเดือนก่อน +2

      Does he get to take his Billions?

    • @chrislastnam6822
      @chrislastnam6822 5 หลายเดือนก่อน +2

      ​@@appleforever6664He has eight children and lots of grandchildren.

    • @appleforever6664
      @appleforever6664 5 หลายเดือนก่อน

      @@chrislastnam6822 - And?

  • @martinhadinata1611
    @martinhadinata1611 5 หลายเดือนก่อน +20

    Absolutely, A life well lived.
    RIP Mr. Charlie Munger
    Thankyou for the guidance and wisdom 🙏🙌😇

  • @anakinskywalkerii4350
    @anakinskywalkerii4350 5 หลายเดือนก่อน +6

    What a man! ❤ I was privileged to see him and Warren once at their AGM in Omaha in 2019! I will always remember that experience.

  • @davidmuchina6180
    @davidmuchina6180 5 หลายเดือนก่อน +10

    Invert, invert, invert! It works in music, engineering, business & relationships. Rest in Peace Charlie Munger, Greatest of all time.

    • @500milliondollars
      @500milliondollars 5 หลายเดือนก่อน

      What does it mean to invert?

    • @davidmuchina6180
      @davidmuchina6180 5 หลายเดือนก่อน

      @@500milliondollars inversion is a mathematical transformation you can perform on an object or scenario(other transformations include eg. rotation, enlargement, translation, transposition etc)
      In music, you have, say, a major chord (which is the most harmonically stable sound to the ear) and which consists of the notes C,E,G. Inverting this chord simply means rearranging the notes into the other possible forms like C,G,E or E,G,C.
      Why? Well, this give you much more unique sounds without changing the mathematical properties of the chord itself. What's more important is it opens up the possibility to transition into other chords that share some of those notes creating a smooth harmonic progression in music.
      In business, the way Charlie put is that the best way for person A to sell a product to person B, is for person A to first invert and become person B, or put themselves in person B's shoes, if you will. Then ask themselves if they would buy what they are selling? It's the golden rule expressed mathematically: Do unto others as you would have the others do unto you.
      Lack of inversion is the reason we now increasingly have poor quality software full of bloatware, self promotion, concealment of terms and disregard for customer's preferred settings - the kind of behavior you now see with Adobe's "cloud" which intentionally made difficult to uninstall and use offline, or Google chrome's hidden self-upgrades and Microsoft's windows virus-like background updates. It is simply because the manufacturers themselves would never use the very features they are pushing.
      Same for hardware: Apple's forcing of users to buy unique chargers, Samsung's internal android battery, HP's brittle plastic laptop housings designed to fail(planned obsolescence), Nokia's androids being no longer rootable - all serve to further restrict consumer freedom and right to repair.
      The psychopaths who work for these companies would never use the very garbage they're selling. They lack empathy, they lack inversion.
      Hope that explains it.

    • @fhowland
      @fhowland 4 หลายเดือนก่อน

      Turn the problem upside down

    • @elvishamilton9308
      @elvishamilton9308 4 หลายเดือนก่อน

      ​@@500milliondollars to solve it in reverse direction or view it at different angle.. example, search for thing that invalidate your reasoning, not the one that validate your reasoning, to arrive to a conclusion..

  • @roystondsouza577
    @roystondsouza577 5 หลายเดือนก่อน +4

    Rest in peace Mr. Munger. Thank you for your trove of wisdom and insight that you shared through your books and talks. You will be missed.

  • @nhacnguyen469
    @nhacnguyen469 5 หลายเดือนก่อน +8

    Charlie's mind remains in peak form
    Unbelievable 99 years old

  • @dougm659
    @dougm659 5 หลายเดือนก่อน +13

    What a life and what a career…..it’s going to be fascinating to see whether his description of Bitcoin as “rat poison” proves accurate or one of his rare errors….

  • @waffles1ca
    @waffles1ca 5 หลายเดือนก่อน +6

    Mister Munger was an absolute gift to the business community and the community at large, condolences to Mister Buffett and Mister Mungers family and friends. RIP

  • @Smallwood-pw1mm
    @Smallwood-pw1mm 5 หลายเดือนก่อน +7

    What a legend. I watched so much of his interviews and speeches. He’s always get a mind sharp as ever. It gives me a sense this man would live forever (maybe he is in a sense or another).

  • @energyideas
    @energyideas 5 หลายเดือนก่อน +31

    Thanks Becky Quick for covering Charlie Munger and Warren Buffett for all these years. You are a good person to be providing these insights on Charlie today. Ease to his feet.

  • @angmabutinginvestor316
    @angmabutinginvestor316 5 หลายเดือนก่อน +4

    RIP Mr. Munger from Australia...thank you for the teachings🥲

  • @shengwu6044
    @shengwu6044 5 หลายเดือนก่อน +6

    Great man. Learn so much; money is not everything...the man is.

  • @booneguy
    @booneguy 2 หลายเดือนก่อน

    That's one of the biggest regrets to me to not having a chance to attend the annual meetings of any such where Charlie was speaking. He has taught me so much through his books and speeches. He was the only reason I have learnt so much in so short period of time and then successfully launched my own fund. If a person can convey that much of wisdom even remotely then he's the real genius.

  • @seanphurley
    @seanphurley 5 หลายเดือนก่อน +20

    He played a role in the formation of my world view.

  • @restoreamerica1558
    @restoreamerica1558 4 หลายเดือนก่อน +1

    The great equalizer, growing old! Seems crazy to hear him say how much more energetic he was at 96! Charlie was just 4 years older then my father & still lived 20 years longer. It pains me to see us losing the real great people of his generation. The amount he accomplished in his life and how he carried himself is a testament to the greats of his time. Their seems to be so few up and coming examples going forward. Losing these guys and their life’s experiences are always a great loss in lessons in life. I still think of all the knowledge my father tried to pass to his know it all son and how right he really was!

  • @Harvindersingh-yg5kz
    @Harvindersingh-yg5kz 4 หลายเดือนก่อน +1

    Old age is pretty damn depressing but the way charlie went through it without losing his soul ,memories , mindset ability to talk like 50 year old is amazing i never saw anybody this sane at over 70 making business decision being calm all the senses working he was an extraordinary man

    • @maalikserebryakov
      @maalikserebryakov 2 หลายเดือนก่อน

      Probablt used some of his millions for stem cells and stuff

  • @electrichorror6642
    @electrichorror6642 5 หลายเดือนก่อน

    The interviewer's heart was touched. When he said go out and just go after that tuna. Because im at the age of where i wish i could. Speak the truth people dont give up on god

  • @ToRung
    @ToRung 5 หลายเดือนก่อน +1

    Success is based on your own efforts. Never give up ❤😘🌹 Have a good day 💖💞 ✌🥰

  • @wordp3310
    @wordp3310 5 หลายเดือนก่อน +25

    Rip to a true legend 🙏

  • @MrFrescocotone
    @MrFrescocotone 5 หลายเดือนก่อน +5

    Absokute legend. An outstanding investor and an even grester human being

  • @diseasefire
    @diseasefire 5 หลายเดือนก่อน

    You are probably not going to read this Becky but i just wanted to say i`m sorry for your loss as you were clearly a good friend of him and you have been for many years. We are all going to miss him so much

  • @bigc2626
    @bigc2626 5 หลายเดือนก่อน +4

    Must be surreal to be at that age in life and even though you’re not suffering from disease or illness, you know death is imminent. I hope he rests in peace.

  • @dbsteve3152
    @dbsteve3152 5 หลายเดือนก่อน

    "I'm right and you're smart! But sooner or later you're gonna see that I'm right". Charles T Munger.
    #Wegivethanks.💐

  • @GruncleJohn
    @GruncleJohn 5 หลายเดือนก่อน

    Always enjoyed Becky's interviews with Warren and Charlie.

  • @ConnorMiller417
    @ConnorMiller417 5 หลายเดือนก่อน +2

    Charlie Munger was a wonderful human being. His teachings helped so many people and he shined a bright light in this dark world. He will be truly missed. RIP Charlie ❤

  • @shanghaiffgg
    @shanghaiffgg 5 หลายเดือนก่อน

    Becky was so human and caring in this interview, I always liked her and this clip solidified it. I really get a sense that she will genuinely miss old grumpy Charlie.

  • @gtesh
    @gtesh 3 หลายเดือนก่อน

    I rarely comment on videos. The respect I have for Charlie Munger is such that reading all of the comments here, I feel a sense of belonging with all of you who feel the same way about him. Wish there were a way to keep in touch with you guys and exchange ideas on carrying his legacy forward in our own small ways.

  • @francof7154
    @francof7154 5 หลายเดือนก่อน +7

    Rest is peace Mr Munger. Thanks for all your wisdom

  • @LoyMachedo
    @LoyMachedo 5 หลายเดือนก่อน +1

    Charlie Munger was an invaluable treasure to humanity-a mentor, a guide, and an extraordinary individual. His absence will always be deeply felt. Rest peacefully, sir. Your presence, wisdom, and spirit was our blessing. LM

  • @alleniverson3788
    @alleniverson3788 5 หลายเดือนก่อน +6

    RIP Charlie Munger, it was a pleasure listen to your advices

  • @sammyfbaebee1
    @sammyfbaebee1 4 หลายเดือนก่อน

    Absolutely love how humble he is. Do what is best for your children ❤. #YouChoose

  • @angelajagers5680
    @angelajagers5680 5 หลายเดือนก่อน +3

    We share a birthday ❤ Rest in peace to a legend 🙏🏽

  • @Dave11115
    @Dave11115 5 หลายเดือนก่อน +1

    I remembered Charlie enjoying his peanut brittle candy while his best freind and business partner Warren talk to his shareholders. ❤

  • @markrobb7028
    @markrobb7028 5 หลายเดือนก่อน

    One of my heroes god bless you it was a pleasure watching a man do what he was born to do thank you for being you ❤

  • @toddhatcher2527
    @toddhatcher2527 4 หลายเดือนก่อน

    His contribution was major. Always a pleasure to listen to. Not many people can say that others want to hear them speak 😂.

  • @Javier_Rodri
    @Javier_Rodri 5 หลายเดือนก่อน +22

    I’m a dividend investor, My wife and I have invested in the S&P500, both through my TSP with the government, and through fidelity in her 401-k. Cashed out 270k from the S&P and invested with a Financial adviser, Monica Mary Strigle. Until around 3 years ago we were 100% in the s&p after over 30 years. I’m retiring at the end of this month at 62, while my wife will retire next year at 60. We currently have 3.7 million in our tax deferred savings. I am putting this out there for anyone looking for how to help themselves in this time of crisis.

    • @benalfredo
      @benalfredo 5 หลายเดือนก่อน

      Thanks i really needed to see this, would do a research on the name you mentioned

    • @errolm8313
      @errolm8313 5 หลายเดือนก่อน

      Scam scam scammer alert!

  • @peterincork3121
    @peterincork3121 5 หลายเดือนก่อน

    Would that we all be remembered as kind. Lovely piece.

  • @abhisheksaini2501
    @abhisheksaini2501 5 หลายเดือนก่อน

    RIP Mr. Munger. Have always been inspirational. There will always be a void without your words of wisdom!

  • @jonnovember2136
    @jonnovember2136 5 หลายเดือนก่อน +1

    Down to earth guy🤗... Remind me of my maternal grandfather when he was around... 🌎💘💰

  • @RichDavisTV_
    @RichDavisTV_ 4 หลายเดือนก่อน +1

    Up dat sco @CNBC Television for Detroit very humble

  • @huytranvan2754
    @huytranvan2754 5 หลายเดือนก่อน +1

    God bless his soul. I hope he rests in peace. Charlie Munger had a good life. Thanks for inspiring us all.

  • @Sophia-yo9rp
    @Sophia-yo9rp 5 หลายเดือนก่อน +6

    He lived great. He is living greatness.

  • @investingwithkendrick
    @investingwithkendrick 5 หลายเดือนก่อน +3

    RIP Charlie Munger this hits different because i made a video about him 26 days ago. He will be missed 😢🕊🕊

  • @wright3753
    @wright3753 5 หลายเดือนก่อน +2

    Absolute Legend, RIP Charlie 😢🙏

  • @johnhatfield8366
    @johnhatfield8366 5 หลายเดือนก่อน +3

    RIP MR.MUNGER A true and honest icon.

  • @user-wq3hv8mm5o
    @user-wq3hv8mm5o 5 หลายเดือนก่อน +1

    Nothing more to add!
    RIP sir

  • @leksa3459
    @leksa3459 5 หลายเดือนก่อน +1

    That tuna line hit home, no matter how much money no matter how important work is. “Make time for life before life says it’s time for you”.

  • @VijayRudra
    @VijayRudra 5 หลายเดือนก่อน

    Beccy, I hope you’re managing well. He will be missed.
    Time heals all wounds.

  • @VanderlayLux
    @VanderlayLux 4 หลายเดือนก่อน

    Becky Quick is brilliant. Warren Buffett and Charlie Munger insist on her doing their interviews because they rank her so highly. They are correct. She is a fantastic journalist.

  • @Quotes-Philosophy-Psychology
    @Quotes-Philosophy-Psychology 5 หลายเดือนก่อน +3

    Rest in peace! When you lose someone that bring balance in your life,you will never be the same. I'm really sorry for Warren Buffet lost!

  • @AndyK665
    @AndyK665 5 หลายเดือนก่อน +3

    RIP Charlie. The grandfather I never had.

  • @ChuckLeCluck
    @ChuckLeCluck 5 หลายเดือนก่อน

    R.I.P Charlie. You have changed many peoples lives and of the future generations. Berkshire is a whole lot poorer without you today. I am proud to be a shareholder of Berkshire Hathaway. Rest easy friend.

  • @rajathchikkatursrinivasa1549
    @rajathchikkatursrinivasa1549 5 หลายเดือนก่อน +3

    When was this interview originally conducted?😊

    • @shubham7042
      @shubham7042 5 หลายเดือนก่อน +1

      She said a couple of weeks ago if I heard it right!

    • @flyingdraggon
      @flyingdraggon 5 หลายเดือนก่อน

      Two weeks ago.

  • @sdn4134
    @sdn4134 5 หลายเดือนก่อน

    Thank you Charlie. Phenomenal advice will be forever appreciated

  • @alverzenongkhlaw5688
    @alverzenongkhlaw5688 5 หลายเดือนก่อน

    The legend lived his life king size and his legacy goes on..RIP legend..You're simply the best.

  • @ArmWrestling2022
    @ArmWrestling2022 5 หลายเดือนก่อน +1

    😊Lucky him! I hope for the same headline when I make it to be 100 years old.
    People can say and comment "lucky him" to me.🤗

  • @stanleypowi1887
    @stanleypowi1887 5 หลายเดือนก่อน

    Rest in peace, Charlie Munger. Your wisdom and legacy in entreprenship and life in general will always be a masterpiece. Our prayers and thoughts with your immediate family members 🙏