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Charlie Munger Once Mocked Jim Cramer For 'Pretending' To 'Know Everything' Then Explained Why Doing Less Made Him Billions
2025 May 12, 7:54am | 537Read More...Speaking at the Daily Journal Annual Meeting in 2019, Charlie Munger, the late vice-chairman of Berkshire Hathaway Inc and Warren Buffett's longtime partner, stated in clear terms why their investment track record outperformed the rest. During his remarks, in his trademark humorous manner, he took...
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Charlie Munger's Financial Success Advice: 'I Avoided Standard Ways Of Failing, Because My Game in Life Was Always To Avoid All Standard Ways of Failing'
2025 May 11, 4:59pm | 460Read More...The late billionaire Charlie Munger, renowned for his financial acumen and longevity, believed the key to success was avoiding conventional pitfalls. What Happened: Munger, who lived to 99, attributed his success to a simple and direct approach to life and work. He emphasized the importance of...
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Peter Lynch's Market Advice: 'If You Have Lot of Stocks, Some Will Do Mediocre, Some Will Do Okay,' If One or Two 'Go Up Big Time, You Produce a Fabulous Result'
2025 May 11, 2:40pm | 565Read More...Renowned investor Peter Lynch once opened up about his early experiences in the stock market, his initial investment, and the philosophy that guided his successful investing career. What Happened: Lynch, who is famous for his successful stint at Fidelity’s Magellan Fund, traced his...
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Charlie Munger Was Once Asked Why Warren Buffett Was So Much Richer — He Replied, 'He Got An Earlier Start,' Then Added, 'Why Was Albert Einstein Poorer Than I Was?'
2025 May 09, 7:42am | 548Read More...At the Daily Journal Annual Meeting in 2019, 95-year-old Charlie Munger, then the vice chairman of Berkshire Hathaway, was asked why his longtime associate, Chairman of Berkshire Hathaway Warren Buffett, was "so much richer" than him. Munger's response, delivered in his characteristic tongue-in-...
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Bill Ackman Took A $4 Billion Hit But Says 'Making Progress Each Day' Was Key To Recovering From The Valeant Disaster
2025 May 09, 7:24am | 489Read More...Billionaire investor Bill Ackman opened up about the most painful chapter of his career—the collapse of his $4 billion investment in Valeant Pharmaceuticals. In a candid interview, he explained how the disaster nearly wrecked his firm, his finances, and his personal life. What Happened: "We were...
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Warren Buffett Met Charlie Munger In The 1950s Thanks To The Davises After A $100,000 Investment, Felt Instant Chemistry Over Dinner
2025 May 06, 6:48am | 426Read More...You would think that Warren Buffett and Charlie Munger, the legendary investing duo behind Berkshire Hathaway's runaway success, met in a boardroom or a business school. In case you did, you were wrong! They were introduced to each other by a well-known doctor couple in Omaha, who probably had no...
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Warren Buffett: "The Long-term Trend Is Up"
2025 May 05, 4:09pm | 1059Read More...OMAHA, Neb. — Warren Buffett, CEO of Berkshire Hathaway, remains bullish on the long run. At the same time, he acknowledges that people will continue to be distracted by short-term market moves, which will continue to be unpredictable. "The long-term trend is up," Buffett said at Berkshire's annual...
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Warren Buffett And Charlie Munger's Timeless Wisdom Draws Bill Ackman's Praise: 'This Is A Great Book'
2025 May 05, 6:59am | 586Read More...Billionaire investor Bill Ackman has endorsed “Buffett & Munger Unscripted,” a compilation of decades of investment wisdom, calling it “a great book” on social media on Sunday. What Happened: The Pershing Square Capital Management CEO’s praise comes as Warren...
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Peter Lynch's Market Observation: 'Far More Money Has Been Lost By Investors Preparing For Corrections, Than Has Been Lost In Corrections Themselves'
2025 May 04, 4:02pm | 359Read More...Famed investor Peter Lynch cautioned against the practice of market timing, underscoring the significance of retaining shares of robust companies amidst market turbulence. What Happened: Lynch has consistently endorsed a disciplined, long-term investment strategy. He asserts that attempts to...
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Warren Buffett Shares Surprising Advice for Young Investors—And It's Not About Stocks: 'Who You Associate With Is Just Enormously Important'
2025 May 04, 2:18pm | 414Read More...Oracle of Omaha Warren Buffett dispensed some essential guidance for budding investors – associate with the right people and engage in work that you are passionate about. What Happened: Buffett, at the Berkshire Hathaway’s (NYSE:BRK) Annual General Meeting on Saturday,...
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Warren Buffett Reveals 'The One Easy Way To Become Worth 50% More Than You Are Now'
2025 Apr 27, 1:54pm | 576Read More...Legendary investor Warren Buffett says there’s an easy way to increase your worth by at least 50% — and it doesn’t have anything to do with picking stocks. What To Know: Buffett, chairman and CEO of Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B), once said...
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Jim Simons Stood By One Quant Investing Rule That Helped Him Earn 66% Returns For 30 Years, 'You Just Stick With It, And It Worked'
2025 Apr 22, 5:35am | 449Read More...Jim Simons, a mathematician turned investor with remarkable success, once mentioned to a group of students that the only rule he’s stood by while investing is not letting gut instinct interfere with his math. What Happened: In a newly resurfaced 2014 talk at San Francisco State...
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Charlie Munger's Bold Bank Bets In 2008: A Masterclass In Rational Investing And How Warren Buffett Is Now Channeling That Same Patience With A $334 Billion Cash Pile
2025 Apr 21, 7:30am | 692Read More...In early 2009, when the financial crisis was still wreaking havoc, former Vice Chairman of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) and former Chairman of Daily Journal Corporation, Charlie Munger, made an unusual choice that differentiated him from most investors. While panic spread across...
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Bill Gates' Harvard Professor Thought, 'What A Waste' When He Left Academia, But That 'Small Company' He Founded Changed The World
2025 Apr 21, 6:54am | 661Read More...Before he became one of the wealthiest people on the planet with Microsoft Inc. (NASDAQ:MSFT), Bill Gates was just another Harvard undergrad, albeit one whose intelligence made a long-lasting impression on his professors. One of them, Christos Papadimitriou, recalled thinking Gates was the smartest...
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Warren Buffett's Success Mantra for Gen Z: 'Figure Out What Your Strengths Are, Then Pick the Right People and Don't Be Afraid of Making Mistakes'
2025 Apr 20, 1:15pm | 457Read More...Billionaire Warren Buffett once shared his insights on achieving success, emphasizing the importance of recognizing personal strengths, choosing the right partners, and not fearing mistakes. What Happened: Buffett, who became a millionaire by age 32, attributed his success to his...
