Berkshire Hathaway VP Charlie Munger on investing

CNBC’s Becky Quick sits down with legendary Berkshire Hathaway Vice Chairman Charlie Munger for a one-on-one conversation after the Daily Journal Annual Meeting in Los Angeles. In a wide-ranging conversation and his usual no-holds-barred manner, the 95-year-old chairman of the Daily Journal gave his thoughts on whether he thinks the golden era of investing is over, the current state of party politics, his take on the buyback debate, trade tensions with China, and the life advice he abides by.

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[ChristopherAbelman]

Dividends are great. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!

[brianpaul]

She is, hands down, the most complete interviewer of people like Charlie and Warren. She gets it. She knows when to speak, when to listen and when to laugh with them. She is beyond brilliant at what she does and I’ll eagerly click on and watch anything she is a part of.

[Bmayo]

Such a wise man.

The world need more Mungers and less Kardashians.

[RebuttalRecords]

Love this interviewer. She knows the right questions to ask and she listens.

[KarelBeelaertsvanBlokland]

It's rare to see an intelligent journalist interview a smart investor in the USA in
such a way Chapeau!

[worldshaper]

God damnit we are lucky to be able to hear this advice for free.

[ArturoGarzaID]

"No man ever steps into the same river twice, for it's not the same river and he's not the same man." - Heraclitus (Greek Philosopher). Charlie and Warren are my heroes.

[sedditguy]

*Life Advice by Charlie Munger*

1. You don't have a lot of Envy, Resentment
2. Don't overspend your income
3. You stay cheerful regardless of outcome
4. You Deal with reliable people
5. You do what you're supposed to do

[bastix]

Makes me very sad to see him in a wheelchair... We can't afford losing someone like Charlie. I highly recommend reading poor Charlie's Almanack.

[Muzammil.S]

Secret to a long and happy life?
28:30

"You don’t have a lot of envy
You don't have a lot of resentment
You don't overspend your income
You stay cheerful in spite of your troubles
You deal with reliable people
You do what you're supposed to do"

--Charlie Munger

[timdoyle]

Charlie Munger is a national treasure. Kudos to CNBC for streaming live the DJCO meeting and to Becky Quick for interviewing him afterwards.

[stephenlaverty]

An incredible man, for his age, and his time. We should all be so grateful that we get to spend a sliver of his time, so much to learn and a pleasure, great interview

[tommasofaoro]

"Thanks for taking the time to sit down with us"
The perfect thing to say to a man in a wheelchair

[zalmalak]

She is very good.She understands her subject very well.And she gives him all the time as if its his last interview.She knows all that she is after is milking knowledge.These wise words are the goal.When and how they come dont matter!

[mr.personality]

"Thanks for sitting down with us"

Charlie looks at her, in a wheel chair....

[JY-ejig]

29:00
"How old were you when you figured this out"?
"About 7..."
LOL, Legend as always ;D

[sunilkhamer]

I love this old man. Wish I had found him early . His wisdom could have helped me through tough times

[jesseleighgordon]

This woman is exceptionally charming, she is smart, she is beautiful, she is perfect

[rainerbuechse]

Charlie Munger is, in my opinion, amongst the top 10 minds EVER. Looking forward to having the honor to listening to him in May in Omaha.

[YouBetterThink]

Incredible how a man of 95(!!!) starts answering before the interview finished her question