Charlie Munger in Praise of Multidisciplinary Thinking

A multidisciplinary approach involves drawing appropriately from multiple disciplines to redefine problems outside of normal boundaries and reach solutions based on a new understanding of complex situations. From ‘Charlie Munger: The Complete Investor’ by Tren Griffin No one can know everything, but you can work to understand the big important models in each discipline at […]

Charlie Munger’s Sit-on-Your-Ass Investing Concept

Charlie Munger presented the model of “Sit on your ass investing” at the 2000 Berkshire Hathaway Annual meeting. Description courtesy of Losch Management Company, an Orlando, Florida-based investment advisor. You have value investing, and growth investing, but now we also have “sit on your ass investing”, which is better. The problem with value investing is […]

Mungerisms: Amusing Quotes from Charlie Munger from the Berkshire Hathaway 2014 Annual Meeting

Charlie Munger is not always politically correct, always offers a wealth of information, and hilarious now and then. At the 2014 annual meeting of Berkshire Hathaway, here are some of his best zingers: On the interplay between CEOs and corporate directors regarding compensation: “You start paying directors of corporations two or three hundred thousand dollars […]

Prem Watsa’s Recommended Books for 2015

Legendary investor and philanthropist John Templeton was Prem Watsa’s mentor and was deeply interested in spiritual growth. In the past, Watsa has recurrently recommended Templeton’s “Riches for the Mind and Spirit”, “The Templeton Plan”, and “Discovering Laws of Life”. In the Fairfax Financial Holdings’ annual meetings in previous years, Watsa has also highlighted an inspirational […]

The Four Filters of Warren Buffett and Charlie Munger

Countless portfolio managers, hedge fund managers, investment analysts, mutual funds, institutional pools of capital and individual investors have grown up devouring everything that’s been said or written by or about Warren Buffett and Charlie Munger over the years. In the 2007 letter to Berkshire Hathaway shareholders, Warren Buffett wrote, “Charlie and I look for companies […]

Prem Watsa’s Recommended Books for 2014

Prem Watsa is a shrewd investor who is often called the Canadian Warren Buffett. He is an immigrant from India who arrived in Canada in 1972 and has been running Fairfax Financial Holdings since 1985. Prem Watsa was born in Hyderabad and studied chemical engineering at IIT-Chennai before emigrating to Canada. Under his leadership, Fairfax’s […]

Books Recommended by Berkshire Hathaway’s Charlie Munger

“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time—none, zero. You’d be amazed at how much Warren reads—at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.” — Charlie Munger […]

Charlie Munger on Three Considerations that Average Investors can Use for Better Returns

In a lunch that investor Mohnish Pabrai of Pabrai Funds had with Charlie Munger, Berkshire Hathaway’s Vice-Chairman and partner of Warren Buffett, Charlie explained that an investment operation that focuses on three attributes would do exceedingly well. Carefully look at what the other great investors have done. Charlie endorses mirroring the investments of the most […]

The Warren and Charlie Show at Berkshire Hathaway’s Annual Meetings

At the Berkshire Hathaway annual shareholders meetings in Omaha, Warren Buffet and Charlie Munger sit at the center of the stage in front of a dark sea of shareholders. Warren Buffet first fields questions from the audience and a panel of journalists and stock analysts. Warren answers them and will ramble on a bit in […]

A Definitive Guide to Berkshire Hathaway’s 2014 Annual Shareholders Meeting

Value Investing Conference and Genius of Warren Buffett Course On 01-May-2014, Thursday and 02-May-2014, Friday, business owners, investment professionals, business journalists, authors of business and Berkshire-specific books, private investors, and other luminaries present at the Value Investing Conference. $1395 before 31-Mar and $1670 after 31-Mar. Location: College of Business, University of Nebraska at Omaha, 6708 […]