Charlie Munger on How Honesty leads to a Better Life and Wealth? (MUST WATCH)

In this episode, Charlie Munger shared on how some people just seek out the weaknesses of people and take advantage and how by being honest leads to a better life and wealth?

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This is Daily Journal Annual Meeting with Charlie Munger on February 14, 2019.

☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

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Charlie Munger on How Honesty leads to a Better Life and Wealth? (MUST WATCH)

[alvinkusnanto]

"All I Want To Know Is Where I'm Going To Die So I'll Never Go There" - Charles T Munger
Thank you for everything Mr Munger. The world has lost a very special human being! RIP 😇

[revolver]

When an old man tells you stories from different times and not just a time, you know he's wise.

[maikaimakena]

All Charlie’s videos need to be saved for all humanity to learn from. He was a wise MAN ❤️⚡️👊🙏

[indepthinvesting]

RIP Charlie, you’ll be remembered and missed.

[mmp]

So much wisdom and truth. A rare treasure that will be truly missed. ❤🙏

[cryptogoth]

We were blessed with his energy and wisdom for such a long time.

[avashshrestha]

Rip my hero my mentor
Thank you for the quirky jokes !

[billvasileff]

This man was full of knowledge. I would love to have a day following him and Warren just to listen!

[Historyteacheraz]

Thank you Charlie for sharing your wisdom over many years. I enjoyed reading and learning more in A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger.

[susandmarie]

Totally hilarious and totally true! 🌀🌀 Thank you for your insight and advise.🤗🌀✔️

[tahneetran]

Bravo! I will add avoiding fake friends who seek out your weakness (i.e., Kindness and too trusting) and take advantage of it. I know people of the same race and culture and college friends who have been stealing from them for the past 30 years.

[alexk]

"Think about how your life works" at the end got me really thinking 🤔

[Daniel-lvvv]

All honesty does is make you sleep well at night.

By sleeping well everything else is easy.

[leo]

ever wonder why there are sooo many "experts" asking people to invest in this & that & what's there for them to gain???

[paxsreekantan]

I'm going to miss his candor for sure!

[sanjubhagat]

Yes I had losed lot's of money in Trading

[pkd]

forget all the advisers investing in little TIN POT companies & charge you a fixed fee for doing so! just buy Berkshire A or class B forget the rest and look at the history, about the same return as house prices in Sydney outer areas.

[vetiarvind]

I don't really know if i want to take advice from a guy who never worked an honest hard job almost his whole life.. Owning businesses is great, someone's gotta allocate capital, but what value did he really bring?

[writersquill]

Beautiful. Thank you Charlie Munger❤

Unfortunately, many deluded people fell for the worst Cohn job ever- donald trump.

But truth and justice will prevail.🇺🇸

[maniacmcgee]

Dude made most of his money off sugar water and candy while millions of people died from heart disease. He's swimming in blood.