Viewing profile — CharlieMunger

Buffett's Berkshire Hathaway has a large insurance conglomerate (GenRE, National Indemnity, GEICO, Guard, etc.) and a policy of: "No CNBC coverage." CNBC stands for Chemical Nuclea…

Here is a good documentary if you want to understand Charlie Munger: https://youtu.be/bx5ThG6HyZk He is widely respected and that is well-justified.

The notorious

For decades, Charlie Munger has been world-renowned for his comically blunt phrasing. Join us on Reddit to start learning about Berkshire Hathaway: https://old.reddit.com/r/brkb/ T…

Study the teachings of Warren Buffett and Charlie Munger. There is a Reddit community for that: r/brkb https://old.reddit.com/r/brkb/ Understand the concept of intrinsic value (ver…

If you want to understand Berkshire Hathaway, join us on Reddit: https://old.reddit.com/r/brkb/ We are the best Berkshire community on the Internet, with dozens of "value investor"…

You're getting the facts wrong. I'm sorry. If you want to understand Berkshire Hathaway, join us on Reddit: https://old.reddit.com/r/brkb/ You have a lot to learn, and you can star…

We do that, too. For example, one of those Redditors owns 22,612 BRK.B shares and has been buying since late 2002. Berkshire spent $25 billion in 2020 (all of its operating earning…

Buffett makes huge new investments very, very rarely. Three in the last 5 years. Apple: buying began in 2016. The 5 major Japanese trading houses (the sogo sosha -- Itochu, etc.): …

Short-term stock price changes are noise. Berkshire's investments are based on a deep understanding of the business and are intended to produce good long-term results. Factors like…

There's a community on Reddit that studies Berkshire's purchases (investments made by Buffett/Weschler/Combs) and tries to follow, purchasing only below what Berkshire paid: https:…

I am one of dozens of moderators of the Hardcore Berkshire Hathaway subreddit: https://old.reddit.com/r/brkb/ I put in a little effort each day, but thousands of people benefit. Sm…

Ruined? Not always. For example, investment subreddits are generally very bad, yet the Berkshire Hathaway subreddit (r/brkb) is able to keep the rot out without becoming an echo ch…

Some parts of Reddit are better than others. For example, almost all Reddit's investing/finance subreddits are dreadful, but there is an exception: https://old.reddit.com/r/brkb/ T…

Warren Buffett explains long-term stock prices, in 5 minutes: https://old.reddit.com/r/brkb/comments/l9hpo5/buffett_explai... I blame the education system. Basic investing theory s…

Watch Warren Buffett and Charlie Munger mock cryptocurrency at the 2021 Berkshire Hathaway annual meeting: https://old.reddit.com/r/brkb/comments/n3c78z/im_alright_on_...

Discussed here, with a screenshot of Google failing: https://old.reddit.com/r/brkb/comments/n6bjws/integer_overfl... Berkshire is overflowing a 32-bit unsigned integer representati…

If you want to understand Berkshire Hathaway, visit the world's most active Berkshire Hathaway community: https://old.reddit.com/r/brkb/ Thousands of active members, dozens of valu…

This inflation question was asked by one of the members of Reddit's most active Berkshire Hathaway subreddit: https://old.reddit.com/r/brkb/ We have full coverage of the meeting, i…

What's wrong with Reddit? For example, the Hardcore Berkshire Hathaway subreddit: https://old.reddit.com/r/brkb/ That's discussion and news, with dozens of value investor moderator…