1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

An Afternoon with Charlie Munger

July 26, 2006

I had the pleasure of attending Wesco Financial's (WSC) annual meeting in early May. The main attraction, of course, was Wesco chairman and Berkshire Hathaway (BRK.B) vice chairman Charlie Munger. Although Munger is sometimes obscured by the long shadow of his more famous partner, Warren Buffett, his contributions to the philosophy of value investing cannot be overstated. Buffett never hesitates to say that without Munger's influence, Berkshire may have never purchased great growth businesses like See's Candy or Coca-Cola (KO)



We also owe much of what we do at Morningstar GrowthInvestor, the monthly newsletter that I edit, to Munger's thinking, so the annual meeting was a superb opportunity to learn at the foot of the master. Here are some of his nuggets of wisdom.

Read the complete article


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by


User Generated Screeners


averacjrmelting
averacjrnot about to fail
liuzishuEBITDA/enlargedEV
jasemali16SCREEN20171118
rmaciver1Exceptional
ligeron.4gJoel Greenblatt
liuzishuNon-Div Beneish EV/EBITDA
liuzishuNon-Div Beneish ROA/E
alberto.lopezblancoMomentum / Deep Value_V2
alberto.lopezblancoMomentum / Deep Value_volume
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK