Harness Money

Charlie Munger, born on January 1, 1924, is an American investor, businessman, and philanthropist. He is best known as the Vice Chairman of Berkshire Hathaway, the multinational conglomerate holding company led by Warren Buffett.

Munger was born in Omaha, Nebraska, and grew up during the Great Depression. He displayed a keen intellect from a young age and developed a passion for learning. He earned his bachelor’s degree in mathematics from the University of Michigan and went on to attend Harvard Law School, where he graduated magna cum laude.

Munger’s business career began as a lawyer, but he soon transitioned into the investment world. In 1962, he founded his own investment firm, Munger, Tolles & Olson, which specialized in real estate investments. Munger’s investment acumen and analytical approach attracted the attention of Warren Buffett, leading to a longstanding partnership and friendship between the two.

Munger joined Berkshire Hathaway as Vice Chairman in 1978. He has been an integral part of the company’s success, contributing to its investment decisions and providing valuable insights and perspectives. Munger is known for his sharp wit, insightful thinking, and independent-mindedness, often referred to as the “Brains” behind Berkshire Hathaway alongside Warren Buffett’s “Oracle.”

Munger’s investment philosophy aligns with Buffett’s value investing principles. He emphasizes the importance of rationality, patience, and a long-term perspective in investing. Munger is also known for his multidisciplinary approach, drawing insights from various fields, including psychology, economics, and human behavior, to inform his investment decisions.

In addition to his role at Berkshire Hathaway, Munger has served on the boards of several companies and institutions. He is a respected figure in the investment community and has gained a reputation for his straightforward and candid views on investing and business.

Beyond his business pursuits, Munger has been actively involved in philanthropy. He has made significant contributions to education and medical research, including donations to the University of California, Santa Barbara, and the University of Michigan, among others.

Charlie Munger’s wisdom, intellect, and contrarian thinking have earned him a dedicated following among investors and business professionals. His partnership with Warren Buffett and his influential role within Berkshire Hathaway have solidified his reputation as one of the most respected and insightful figures in the world of finance.