Munger was content to remain in the shadows compared with his more famous partner, Warren Buffett. Together they ran Berkshire Hathaway and made count

Charlie Munger lives on in LLMs - Bin Ren

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2024-12-24 16:30:02

Munger was content to remain in the shadows compared with his more famous partner, Warren Buffett. Together they ran Berkshire Hathaway and made countless investors wealthy.

In 2010, I tried to attend the annual Berkshire shareholder meeting in Omaha but ran into difficulties getting the tourist visa I needed to travel from London.

The folks in the American embassy found it impossible to believe anyone would travel to Omaha, Nebraska on holiday. They started a long background check and I never made it.

Unable to see Munger in person, I devoured his writings. I bought two autographed copies of Poor Charlie’s Almanack, a compilation of Charlie’s speeches compiled by Peter Kaufman. I gave one to a friend who later founded a hedge fund in Hong Kong based on the philosophy of value investing. The other copy still sits in my library.

First published in 2005, the book remains as relevant today as ever. Munger’s multidisciplinary thinking and intellectual rigour haven’t aged a day. The book isn’t just about investing. It’s about learning how to think, how to reason, and how to understand the world.

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