Charlie Munger explains how Warren Buffett outperforms the market (2019)

[christopherarmstrong]

1:05 “They were ill-educated — that’s what happens when you go to Harvard or Wharton.”

[Adam-uiot]

This mans mind is sharp as a razor, even at 95.

[JonthanPaid]

What i took away from it:

Don’t try to diversify too much to the point where you are investing in things your not sure of. Stick with a few things that you understand well and why you are investing.

[kingkang]

Charlie is a savage: "I'm right and they're wrong"

[pagethomson]

Charlie You are a gift and a wonderful mentor. Thanks for what you have taught us.

[dmustakasjr]

"I'm right and they're wrong" sounds so different coming from a 90's year old man than a 20-something year old. His story about "grandfather" telling him about his experiences resonates with me, I was fortunate enough to have 3 great-grandmothers and 3 sets of grandparents to hear stories from as a grew up. Many of those lessons still influence my decision making today. Something I have learned: Not everything that is new is better.

[fhowland]

Charlie Munger is a national treasure.

[djpuplex]

I've seen smaller shoulder pads on football players.

[kortyEdna]

Warren Buffett has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $553k to put in the market now that prices are down. Any ideas?

[williamlau]

Might be smarter than the Oracle himself.

[l.s.]

He is the most sharpest man, regardless of his age. Way to go Charlie. You and Warren are two people to learn from honest approaches.

[MrHellenas]

You know you are old when your grandfather remember playing around with real Dinosaurs, fighting the indians and discovering new land in usa

[ajayreddy]

Brillant and wise. Very good use of time watching this. Thanks

[LCT]

Great video!!! I just liked and subscribed.

[asukayin]

That last part is maybe the most valuable part

[travis]

This is the trash talking side of brk. Fantastic! GOATs of the game

[AuditorInvestor]

Great anecdote by Mr Munger - thanks for sharing!

[genjimonogatari]

Very smart man with a wealth of information to teach us. Anything his team has to say I’m all ears!

[gourabbanerjee]

The most brilliant man in investing world

[dimasprasstyo]

Great insight
Only Buy things that we know well and
Seize the opportunity since it might not come twice