He learned that lesson from his longtime business partner and friend, the late Charlie Munger, he noted. "The cardinal sin is delaying the correction of mistakes or what Charlie Munger called ...

Charlie Munger, who had an estimated net worth of $2.6 billion when he died in 2023, was Warren Buffett‘s friend, right-hand man and vice chairman of Berkshire Hathaway. So, any financial advice ...

Charlie Munger, who passed away in 2023 at the age of 99, rejected the idea that great wealth comes from hidden formulas. Speaking to CNBC’s Becky Quick just weeks before his death, he dismissed the ...

Warren Buffett, in his annual letter, admitted making mistakes at Berkshire Hathaway, particularly in capital allocation and hiring decisions. He stressed the importance of promptly correcting ...

Shark Tank investor Robert Herjavec in his Why Charlie Munger is My Greatest Mentor! video, aired on December 8, 2024, talked about Charlie Munger. Fans who follow Robert might already know Charlie, ...

There’s a quote attributed to the American investor Charlie Munger that’s often shared ... However, like many such quotes, it appears to simplify what Munger said. His original statement from a 2004 ...

Matt Levine works as a contributing writer for Newsweek based in California. His expertise is in covering the NBA but he also covers multiple other sports. He has been with Newsweek since 2024.