Oh was that the guy who designed the windowless dorms?
Yeah: https://en.wikipedia.org/wiki/Munger_Hall
I guess he's on his way to a windowless dorm now aha
Charlie Munger has died
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Re: Charlie Munger has died
#32Re: Charlie Munger has died
#33Missed his century by one month (born 1/1/1924). RIP Charlie.
That is very unfortunate. I saw an interview with Charlie recently and he was talking about what he had planned for his 100th birthday party.
Re: Charlie Munger has died
#34One of the greats of investing. And a value investor. It's all about the profits, not the growth.
Munger is gone, Bogle is gone, Buffett is 93. Who takes up the mantle of value investing now?
Re: Charlie Munger has died
#35Re: Charlie Munger has died
#36He did an interview with the Acquired Podcast a few weeks ago. Sharp as a whip. I wish I could be like him when I get old.
Re: Charlie Munger has died
#37He was a titan and a gentleman. RIP.
Re: Charlie Munger has died
#38Everybody should read his speech, "The Psychology of Human Misjudgment": https://fs.blog/great-talks/psychology-human-misjudgment/ It's a fantastic read that can really help you understand why supposedly rational masses of people can end up being so wrong. In the tech world, it ends up being more relevant than one would like it to be.
That linked is the revised version
A transcript of the original speech at Harvard, June 1995, should be e.g. at
https://jamesclear.com/great-speeches/psychology-of-human-mi...
A recording of the original speech is at
Re: Charlie Munger has died
#39[flagged]
Something happens. Internet: "how fast can I make this about Elon Musk?"
Munger was the guy who kept Buffet at least somewhat grounded. It's relevant because it's true.
Or Peter Thiel. Or Larry Ellison. Or Jack Dorsey. Musk is just the most relevant example.
We've taken the mahogany-and-tweed businessmen who realized that at some level they had a responsibility to not be _complete_ assholes to the society and systems that created them, and replaced them with business cult figures.
Would Munger and Buffet make layoffs despite having billions? Sure. But they actually _believed_ in the system and would work to protect it in a way that protected their interests as well as the interests of others. See how BH handled Goldman Sachs vs. how Peter Thiel handled SVB, or how Musk handled the takeover of Twitter.
Re: Charlie Munger has died
#40I'll miss his wisdom: https://youtu.be/tGmhFx_7w4I
"wisdom"... It's a really great video, to illustrate something else. Humanity continues to progress and evolve, as time is the ultimate boundary to those in power - time empowers new generations to perceive the world from a fresh perspective.