Charlie Munger
Charlie Munger
Daily Journal
Last update 2018-10-09 4 Stocks (0 new)
Value $159.00 Mil Turnover 0 %
Top Holdings: WFC (52.47%) BAC (42.49%) USB (4.64%) PKX (0.4%)
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Charlie Munger Profile

Charlie Munger is the Chairman of Wesco Financial. He is also the Vice Chairman of Berkshire Hathaway, where his long term partner Warren Buffett serves as Chairman. Like Buffett, Munger is a native of Omaha, Nebraska. After studies in mathematics at the University of Michigan, and service in the U.S. Army Air Corps as a meteorologist, trained at Caltech, he entered Harvard Law School without an undergraduate degree. Graduating in 1948 with a Juris Doctor magna cum laude, he founded and worked as a real estate attorney at Munger, Tolles & Olson LLP until 1965. He then gave up the practice of law to concentrate on managing investments. In his book Poor Charlie's Almanack, Munger has introduced the concept of "Elementary, Worldly Wisdom" as it relates to business and finance. Munger's worldly wisdom consists of a set of mental models framed as a latticework to help solve critical business problems.

Charlie Munger Investing Philosophy

Buffett followers believe that Charlie Munger had significant influence on Warren Buffett’s investment philosophy. Before partnering with Munger, Buffett was a Ben Graham type of cigar butt bargain investor. Charlie Munger inspired Warren Buffett to invest in high quality business for long term. The latest investment Charlie Munger convinced Warren Buffett was the investment in Chinese electric car maker BYD.

Charlie Munger Total Holding History ($B)

Historical Allocation of Stock, Bonds, Cash

Performance of

Commentaries and Stories
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Thinking Like Charlie Munger
Some thoughts on what I have learned from covering Buffett's partner over the years
0 Votes
414 Views    Rupert Hargreaves    2018-10-18 16:32
Where Is Your Pension Fund Investing Your Money?
The hunt for yield leads allocators deeper into alternatives
1 Votes
212 Views    John Engle    2018-10-17 18:58
Charlie Munger: Investment Advisers Are Not Always Bad News
Munger's advice on seeking tips on how to manage your investments
3 Votes
398 Views    Rupert Hargreaves    2018-10-17 15:15
Warren Buffett: Learn From Your Mistakes and Move Forward
The Oracle of Omaha discusses missed opportunities
0 Votes
188 Views    Rupert Hargreaves    2018-10-16 19:50
Dollar General: A Great Company at a Fair Price
See the investment prospects of Dollar General examined in detail
1 Votes
265 Views    Ben Reynolds    2018-10-08 21:58
US 10-Year Treasury Yield Nears 7-year High
A deeper look at the GuruFocus yield curve page
0 Votes
174 Views    James Li    2018-10-04 17:00
5 Asian Stocks Gurus Agree On
A look at most broadly held stocks from the Asian region
0 Votes
350 Views    James Li    2018-09-24 20:12
David Einhorn’s AutoZone Falls on Fiscal 4th-Quarter Revenue Miss
Tennessee-based auto parts retailer still meets Buffett and Munger’s investing criteria
0 Votes
162 Views    James Li    2018-09-18 18:23
‘The New Buffettology’: So Much Hanging on Just One Word
Warren Buffett is a choosy man, and not just any competitive advantage will do
2 Votes
475 Views    Robert Abbott    2018-09-11 21:37
Value Screens Identify Opportunities for 4th Quarter
A look at global markets and value screens based on Graham, Lynch and Buffett
2 Votes
1657 Views    James Li    2018-09-07 20:00

Top Ranked Articles
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Charlie Munger Comments and the Art of Stock Picking
21 Votes
7028 Views    John Huber    2015-04-27 21:56
How Warren Buffett Squeezes So Much Value Out of So Few Stock Ideas
How much value you get out of a single stock idea depends on how big your position size is, how long you hold the stock, how fast the stock compounds its value and how cheap it is
21 Votes
2191 Views    Geoff Gannon    2017-09-29 15:41
On Focus Level and How You Spend Your Day
19 Votes
2560 Views    Grahamites    2015-05-18 14:09
S&P 500 Tech Companies: Watch Their Noses Lengthen
A look at the continued exclusion of stock-based compensation from reported earnings
19 Votes
1790 Views    The Science of Hitting    2016-03-16 15:24
Be Aware of Fake Cannibals
16 Votes
1606 Views    Grahamites    2014-04-02 15:37
Timeless Lessons From the 2017 DJCO Meeting – Part I
Charlie Munger shared thoughts on deferred gratification
15 Votes
2590 Views    Grahamites    2017-03-02 16:10
Outcomes Versus Reasons
14 Votes
3370 Views    Grahamites    2015-04-22 16:13