Charlie Munger's Secret to Success: Mastering Delayed Gratification at Any Age! | DJ 2023 【C:CM 301】

Discover the remarkable concept of delayed gratification as discussed by the legendary Charlie Munger and Becky Quick. Uncover its significance in shaping success and the rationality behind practicing it, regardless of age or wealth. Explore the unique approach taken by Charlie Munger in his investments and learn how deferred gratification can lead to long-term gains. Join us for an enlightening conversation that unveils the power of delayed gratification and its profound impact on life and achievements!

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► Video Transcript & YAPSS Takeaway:
This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2023.

☆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's Secret to Success: Mastering Delayed Gratification at Any Age! | DJ 2023 【C:CM 301】

[alvinkusnanto]

Delayed gratification makes a lot of difference in life. Also taking time to work on yourself before pursuing something grand is also important. Great video.
Always be patient. Stay Hungry. Be humble

[realbobbyaxel]

Becky asks smart questions. What a lady.