Berkshire Hathaway VP Charlie Munger on investing

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  • Опубликовано: 11 ноя 2024

Комментарии • 774

  • @brianpaul21
    @brianpaul21 5 лет назад +634

    She is, hands down, the most complete interviewer of people like Charlie and Warren. She gets it. She knows when to speak, when to listen and when to laugh with them. She is beyond brilliant at what she does and I’ll eagerly click on and watch anything she is a part of.

    • @thomas8421
      @thomas8421 5 лет назад +2

      Except for when she talks about Tesla something in her changes maybe she is friends with some big shorts

    • @seanjentsch9170
      @seanjentsch9170 5 лет назад +18

      Her opening comment about thanking Charlie to sit down with them today was pretty rude since he's already in a wheelchair lol Charlie even gave her the you dumb bitch expression

    • @SammyCee23
      @SammyCee23 5 лет назад +11

      She is sexy as fuck too

    • @StephenDoty84
      @StephenDoty84 5 лет назад +2

      I wanted to bash her after the malicious way she questioned Trump years ago, but she's redeemed herself since...

    • @theflaca
      @theflaca 5 лет назад +3

      Her looks don't have anything to do with your comment do they?

  • @AldoGiovanni-hq8jl
    @AldoGiovanni-hq8jl 7 дней назад +123

    I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

    • @gavinralph4042
      @gavinralph4042 7 дней назад

      It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @gavinralph4042
      @gavinralph4042 7 дней назад

      But It's a great idea to have a conversation with
      financial advisors like Joy Philips to reshape you
      portfolio.

    • @EricLindbeck
      @EricLindbeck 7 дней назад

      I agree with you, I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

    • @EricLindbeck
      @EricLindbeck 7 дней назад

      I think.Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on RUclips.

    • @RileyJosh-
      @RileyJosh- 7 дней назад

      She's really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment 👏

  • @Muzammil.S
    @Muzammil.S 5 лет назад +392

    Secret to a long and happy life?
    28:30
    "You don’t have a lot of envy
    You don't have a lot of resentment
    You don't overspend your income
    You stay cheerful in spite of your troubles
    You deal with reliable people
    You do what you're supposed to do"
    --Charlie Munger

    • @Muzammil.S
      @Muzammil.S 5 лет назад

      @Will Chou Corrected, Thanks.

    • @Muzammil.S
      @Muzammil.S 5 лет назад +2

      @Will Chou CNBC article says "cheerful".
      www.cnbc.com/2019/02/21/95-year-old-billionaire-charlie-munger-says-the-secret-to-a-long-and-happy-life-is-so-simple.html

    • @reachbinnie
      @reachbinnie 5 лет назад +1

      Gold

    • @SammyCee23
      @SammyCee23 5 лет назад +3

      Simplest ideas are always the greatest ideas.

    • @socrates_the_great6209
      @socrates_the_great6209 5 лет назад

      True Wisdom.

  • @Bmayo27
    @Bmayo27 5 лет назад +740

    Such a wise man.
    The world need more Mungers and less Kardashians.

    • @ggrthemostgodless8713
      @ggrthemostgodless8713 5 лет назад +6

      My god, you are so wise ----stating the super obvious. But anything people-wise is better than the Kardashians, so that isn't saying a lot.
      It is just a truism that after you make enough money to stave off hunger or debt, very little changes with more money... so few people REALLY, DEEPLY KNOW this fact, that Munger becomes such a light into that world, most have no idea, NOT REALLY, why the super rich give away their money. Which is why I personally detest the middle class, they are too obnoxious and close to the bottom to understand the poor, and too far from the top to know how to be decent human beings, they are extremely insecure on both ends ---psychosis ensues, is inevitable.

    • @strattus99
      @strattus99 5 лет назад +1

      maybe if you need fewer kardashians in your life...maybe youre the problem...

    • @thatsamuellu
      @thatsamuellu 5 лет назад

      Then what are you expecting all the walking people to spend their time?

    • @lukelatin
      @lukelatin 5 лет назад +5

      I agree. But the world wants more Kardashians than Mungers.

    • @TheBigdan210
      @TheBigdan210 5 лет назад +5

      World needs more Becky Quick’s too!

  • @RebuttalRecords
    @RebuttalRecords 5 лет назад +59

    Love this interviewer. She knows the right questions to ask and she listens.

  • @KarelBeelaertsvanBlokland
    @KarelBeelaertsvanBlokland 5 лет назад +152

    It's rare to see an intelligent journalist interview a smart investor in the USA in
    such a way ..... Chapeau!

    • @StephenDoty84
      @StephenDoty84 5 лет назад

      It is rare. Where have you seen it?

    • @georgiawoolley3204
      @georgiawoolley3204 4 года назад

      "They can't really do more of it"..and here we are, a year later...

  • @worldshaper1723
    @worldshaper1723 5 лет назад +169

    God damnit we are lucky to be able to hear this advice for free.

    • @EgorSebastianBach
      @EgorSebastianBach 4 года назад +1

      In my opinion ,Munguer destroys all the famous Gurus together.

  • @ChristopherAbelman
    @ChristopherAbelman 4 месяца назад +267

    Dividends are great. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!

    • @HildaBennet
      @HildaBennet 4 месяца назад +4

      The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 4 месяца назад +2

      the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.

    • @JosephineKenney
      @JosephineKenney 4 месяца назад +3

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 4 месяца назад +2

      ‘Sharon Lee Peoples’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @JosephineKenney
      @JosephineKenney 4 месяца назад +2

      I searched her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

  • @basti1993x
    @basti1993x 5 лет назад +341

    Makes me very sad to see him in a wheelchair... We can't afford losing someone like Charlie. I highly recommend reading poor Charlie's Almanack.

    • @JeffreyGillespie
      @JeffreyGillespie 5 лет назад +60

      I mean, the man is 95. It's inevitable that he's going to go into decline at that age. We're lucky to still have him.

    • @nickfleming3719
      @nickfleming3719 5 лет назад +14

      First of all Auto blipper, that's ridiculous, there's nothing immoral about wanting someone to live longer.
      Second, Sebastian, before this century is over, the disease called senescence will be cured. And your sentiment is exactly the reason I've dedicated my life toward that cause.

    • @Alphahydro
      @Alphahydro 5 лет назад +1

      Sebastian, I logged in to say the exact thing. I was bothered seeing Charlie in a chair.

    • @ThisisJohnWilliams
      @ThisisJohnWilliams 5 лет назад +2

      amazing book

    • @dogestranding5047
      @dogestranding5047 5 лет назад +8

      Wow, I never realized in this interview that he was in a wheelchair. I look him up everyday to check on whether he's still alive or not. I hope he makes it past 100.

  • @ArturoGarzaID
    @ArturoGarzaID 5 лет назад +66

    "No man ever steps into the same river twice, for it's not the same river and he's not the same man." - Heraclitus (Greek Philosopher). Charlie and Warren are my heroes.

  • @jesseleighgordon33
    @jesseleighgordon33 5 лет назад +55

    This woman is exceptionally charming, she is smart, she is beautiful, she is perfect

    • @StephenDoty84
      @StephenDoty84 5 лет назад +6

      You forgot to mention those arms & legs. You won't get sued.

    • @champfisk5613
      @champfisk5613 5 лет назад +3

      No one is perfect

    • @daweller
      @daweller 4 года назад +5

      Charlie tapped that

    • @carmelitalanza9540
      @carmelitalanza9540 4 года назад

      28:30 - how to have happy life in 20 seconds! Brilliant

  • @sedditguy1836
    @sedditguy1836 5 лет назад +17

    *Life Advice by Charlie Munger*
    1. You don't have a lot of Envy, Resentment
    2. Don't overspend your income
    3. You stay cheerful regardless of outcome
    4. You Deal with reliable people
    5. You do what you're supposed to do

  • @stephenlaverty6266
    @stephenlaverty6266 5 лет назад +36

    An incredible man, for his age, and his time. We should all be so grateful that we get to spend a sliver of his time, so much to learn and admire......always a pleasure, great interview

  • @sunilkhamer
    @sunilkhamer 5 лет назад +31

    I love this old man. Wish I had found him early . His wisdom could have helped me through tough times

    • @jameszeallor2735
      @jameszeallor2735 4 года назад

      @E W because that's an acestral ride along with yourself.

  • @timdoyle6480
    @timdoyle6480 5 лет назад +28

    Charlie Munger is a national treasure. Kudos to CNBC for streaming live the DJCO meeting and to Becky Quick for interviewing him afterwards.

  • @rainerbuechse6923
    @rainerbuechse6923 5 лет назад +43

    Charlie Munger is, in my opinion, amongst the top 10 minds EVER. Looking forward to having the honor to listening to him in May in Omaha.

  • @jpbredenkamp5091
    @jpbredenkamp5091 5 лет назад +34

    She really did an amazing job with this interview! Doubtful anyone else could’ve topped this! Really wonderful

    • @StephenDoty84
      @StephenDoty84 5 лет назад

      Jeff Gundlach could have done a great interview, I bet.

    • @johnhoy7572
      @johnhoy7572 2 года назад

      I agree. Pitch perfect

  • @mr.personality7762
    @mr.personality7762 5 лет назад +126

    "Thanks for sitting down with us"
    Charlie looks at her, in a wheel chair....

    • @StephenDoty84
      @StephenDoty84 5 лет назад +11

      I'm surprised she didn't then ask, "Where do you stand on free trade?" Or, Would you stand up for a balanced budget amendment? Have you ever stood up for tariffs? ;)

    • @mr.personality7762
      @mr.personality7762 5 лет назад +1

      @@StephenDoty84 oh, aintchu clever Stephen 😉

    • @Big-guy1981
      @Big-guy1981 5 лет назад

      He really needs to take a stand.

    • @hollyhatch1055
      @hollyhatch1055 4 года назад

      WTF? I just laughed my soul fool ass off

    • @hollyhatch1055
      @hollyhatch1055 4 года назад

      @@Big-guy1981 WTF? These cooments are too much LMAO!!!!!!

  • @JY-ej8ig
    @JY-ej8ig 5 лет назад +201

    29:00
    "How old were you when you figured this out"?
    "About 7..."
    LOL, Legend as always ;D

    • @Echoloot
      @Echoloot 5 лет назад

      he knows it! :D

    • @StephenDoty84
      @StephenDoty84 5 лет назад +4

      They say he had the same habit of straight talk with an edge when he went to Harvard Law School. He used to irk the prof's.

    • @nigerccie1
      @nigerccie1 5 лет назад

      1

    • @venky193
      @venky193 4 года назад +1

      like a boss!!!
      I'm surprised they did not throw in shades and a Cigar to mark that moment!!! rofl

  • @tommasofaoro3278
    @tommasofaoro3278 5 лет назад +100

    "Thanks for taking the time to sit down with us"
    The perfect thing to say to a man in a wheelchair

    • @ivancarlson953
      @ivancarlson953 5 лет назад +7

      well, he could have taken the time to sit down with others

    • @sochiakanegbu
      @sochiakanegbu 2 месяца назад

      See you in hell tom

  • @JeradSorgenfrei
    @JeradSorgenfrei 5 лет назад +28

    So many people give great answers but Charlie gives one the tools to come up with the answers on your own. That's why he and Warren are such great teachers. Also, it takes a great listener to interview him well... Becky is a GREAT listener. Thanks to both!!

  • @zalmalak2478
    @zalmalak2478 4 года назад +10

    She is very good.She understands her subject very well.And she gives him all the time as if its his last interview.She knows all that she is after is milking knowledge.These wise words are the goal.When and how they come dont matter!

  • @GeorgetheArchitect
    @GeorgetheArchitect 5 лет назад +47

    Love Becky Quick but wish she would direct more of her questions to history and human behavior - areas Charlie is peerless. Just like Warren’s excellence is in understanding businesses and moats, Charlie is unique in mental models of the world.

    • @ArmanArmondo
      @ArmanArmondo 5 лет назад

      wow you think?

    • @GeorgetheArchitect
      @GeorgetheArchitect 5 лет назад +1

      armen gharibian WTF?

    • @ArmanArmondo
      @ArmanArmondo 5 лет назад

      @@GeorgetheArchitect idk i never divided their expertise like that?

    • @GeorgetheArchitect
      @GeorgetheArchitect 5 лет назад +4

      armen gharibian Charlie is a student of history like almost no one else. He has the broadest thinking of human behavior which is almost always the x-factor in investing. Combine that with his legal acumen and knowledge of behavioral economics, he is unique. I am sorry but Becky is a lightweight here

    • @GeorgetheArchitect
      @GeorgetheArchitect 5 лет назад +3

      Joshua VanVleet CNBC would be grateful if she did that instead of the lame reporting they do everyday with ARS, “loser” Joe and Cramer. It would actually be something unique

  • @mitchb4084
    @mitchb4084 5 лет назад +31

    The mind and the genuis of a man 95 and sharp as young man. This is the brain you want researched not Einstein. The key to solving senility starts with him and his wholesome Nebraska bud

  • @NicholasBall130
    @NicholasBall130 2 месяца назад +4

    My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

    • @cowell621
      @cowell621 2 месяца назад +3

      Invest in real estate, gold , ETfs and high-yield savings account.

    • @StocksWolf752
      @StocksWolf752 2 месяца назад +2

      The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.

    • @StacieBMui
      @StacieBMui 2 месяца назад +1

      Could you kindly elaborate on the advisor's background and qualifications?

    • @StocksWolf752
      @StocksWolf752 2 месяца назад +1

      The advisor that guides me is Rebecca Nassar Dunne most likely the internet is where to find her basic info, just search her name, She's established.

    • @StocksWolf752
      @StocksWolf752 2 месяца назад +1

      I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Rebecca Nassar Dunne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

  • @gamingshortschannel1109
    @gamingshortschannel1109 5 лет назад +16

    It is difficult to comment on videos such as this, because wisdom gained over many years is difficult to explain to people that have not had the experience such as this man.

  • @colinteoh3230
    @colinteoh3230 4 года назад +4

    Charlie can be as honest as he wants now, at his age, he has nothing to hide, which makes a good interview, sharp and direct.

  • @fhowland
    @fhowland 4 года назад +23

    "They can't really do more of it"..and here we are, a year later...

    • @zedzed5276
      @zedzed5276 3 года назад +3

      It's so much worse now nearly 2 years later.

  • @SammyCee23
    @SammyCee23 5 лет назад +54

    Bill Gates said Charlie is the smartest man he ever met.

    • @StephenDoty84
      @StephenDoty84 5 лет назад +3

      People forget Charlie was a wiz at Harvard Law too.

    • @jonathancarpenter8007
      @jonathancarpenter8007 5 лет назад +4

      He has also said the person that he has learned the most from is Warren Buffett. Wonderful people to be influenced by!

    • @StephenDoty84
      @StephenDoty84 5 лет назад +1

      @@jonathancarpenter8007 Yeah, and anything is better than Ron Jeremy.

  • @Fujis-q8i
    @Fujis-q8i 5 лет назад +23

    I attended the Berkshire Shareholders Meeting in 2018, he was barely even able to walk. Limping hard. You could see how his suit is scrunched up at his shoulders because he’s so frail. Now he’s in a wheelchair. It’s sad. He’s still a genius

    • @TheRealChrisBeard
      @TheRealChrisBeard 5 лет назад +9

      It’s not sad. He’s 95 and he wouldn’t want you to feel bad for him

    • @aaronramsden1657
      @aaronramsden1657 5 лет назад +4

      Consider this: being sad is only because we resist what is, instead of going with the natural flow of nature

  • @whm5511
    @whm5511 5 лет назад +2

    I am from Singapore and I love you, Charlie! The hoary head bowed down with age is glowing with grace and wisdom. Becky Quick did a good job in mining the best out of you. God bless you and make his face to shine on you.

  • @bgwhalley
    @bgwhalley 5 лет назад +65

    When Charlie talked US and the end of the Roman Empire in the same sentence... my heart stopped! But I agree and think we are getting close to the end. Too many Americans are consumed by idiotic television shows and inspired by uneducated celebrities, athletes and rappers. This video of Charlie Munger's priceless knowledge has only 15K views while a Kardashian video published from the same day has several million which confirms my belief why we are near the end. As we become dumber as a nation... another society more hungry to succeed becomes smarter and someday will likely overthrow us.

    • @olliemoore11
      @olliemoore11 5 лет назад +2

      alot of of those clips like kardasians that get hundreds of millions of views get them because of bots and algos giving the impression that real humans are clicking and viewing them

    • @coryg121
      @coryg121 5 лет назад +1

      Watch hidden secrets of money- episodes 9&10 with mike Maloney. Shows the similarities of Ancient Rome and modern US. The end is near.. in fact watch all episodes. Some of the best videos I’ve ever watched on RUclips

    • @thechronic4twenty
      @thechronic4twenty 5 лет назад +2

      he didnt say the end was near, he said that all great powers eventually will die. It could be 5 years, 50 years, 100 years. Also, it will eventually die only until it doesn't

    • @kellybrown2030
      @kellybrown2030 5 лет назад +3

      I refuse to learn Chinese

    • @larrycoyote7219
      @larrycoyote7219 5 лет назад

      He didn't say we're close to the end. You're saying that.

  • @KrekreDoBusao
    @KrekreDoBusao 4 года назад +2

    A living legend. It's a pleasure to listen to this wise man. And also quite funny to see how he keeps his sense of humor for all these years.

  • @YouBetterThink
    @YouBetterThink 5 лет назад +13

    Incredible how a man of 95(!!!) starts answering before the interview finished her question

  • @mwaikul
    @mwaikul 3 года назад +2

    Becky interviewing Warren or Charlie is such a treat to watch (super insightfull)

  • @jrothstein1472
    @jrothstein1472 5 лет назад +23

    Can't thank Charlie enough for everything I've learned from him. He's the wise King of investing and human nature.

    • @mk-ww7ii
      @mk-ww7ii 2 года назад

      And you got 7500 dollars in the bank ;)

  • @PatrickJWenzel
    @PatrickJWenzel 4 года назад +2

    Incredibly sobering interview. Thank you Becky for presenting so many compelling questions.

  • @macyparker2
    @macyparker2 4 года назад +9

    Becky Quick is a great interviewer

  • @aaronramsden1657
    @aaronramsden1657 5 лет назад +5

    What I love about Charlie, jack Bogle and Warren is their genuine moral compass.

    • @shaifullahfirhakim
      @shaifullahfirhakim 3 года назад +1

      I Have Strongly What U Say But I Know All What U Want To Say.. Ofcouse I Believe ALLAH S.W.T With All ☺️☺️ Just Trust..

  • @ambarprajapati2105
    @ambarprajapati2105 Год назад

    They’re amazing folks - both Charlie and Warren. Just listening to them is a great delight.

  • @cronx1337
    @cronx1337 4 года назад +3

    Every interview this lady does is an absolute delight.

  • @valaquenta220
    @valaquenta220 5 лет назад +22

    She's a good interviewer, that's a change

  • @tez830
    @tez830 5 лет назад +50

    You’re never out of it until you’re dead 😂😂😂😂😂

    • @BVWineS
      @BVWineS 5 лет назад +1

      T🎯💯

  • @audtom52
    @audtom52 4 года назад +2

    Becky Quick should be paid to hold a seminar on interviewing and moderating to all the "so called" moderaters and interviewers (forget "Journalists") that the public suffers through today....she is tops in her field. As far as Charlie Munger....forget EF Hutton.....Whenever Charlie (or Warren) speak...we should ALL listen.

  • @baytown7951
    @baytown7951 5 лет назад +1

    Have to admit that this is the first time hearing Becky do her thing and have to be super impressed with her talent and patience. Watched her in 3 videos now and she's quickly one of my all time favorites. Great job.

  • @koraykaplanmbacc2683
    @koraykaplanmbacc2683 2 года назад

    Becky is the best. Excellent questions, effective listening, knowledgeable, and a great interviewer.

  • @matter7864
    @matter7864 5 лет назад +13

    Charlie Munger and buffet are so different its hilarious that they choose to be friends with each other

    • @emeral311
      @emeral311 3 года назад +3

      Sometimes knowing someone different and being friends with them makes better friends.

  • @KarlFiner
    @KarlFiner 4 года назад +1

    Becky Quick is a great journalist, she asks meaningful questions and I think she brings out the best of people like Charlie and Warren

  • @Hawking1969
    @Hawking1969 4 года назад +7

    Amazing! I wish she asked a bit about his earlier days. He's one of the few who likely remembers the Great Depression and WWII.

  • @Bmayo27
    @Bmayo27 5 лет назад +5

    28:22 is some of THE BEST commentary / insight I have ever heard in my entire life!

  • @andrewbreiter-wu
    @andrewbreiter-wu 5 лет назад +16

    That was such a great interview. I hope we have a decade of more interviews like these from both Charlie and Warren.

    • @rohitrohan2009
      @rohitrohan2009 4 года назад +1

      Charlie is already 96. another decade would mean he would be 106 years old. Which, of course i hope he lives longer, will prolly not happen.

  • @cheeveka3
    @cheeveka3 4 года назад +1

    Charlie is such an intelligent person so simple and straight forward no excuses.

  • @powerlinkers
    @powerlinkers 5 лет назад +3

    thank you CNBC. good interview.

  • @josh124c
    @josh124c 4 года назад +40

    Interviewer: What's your favorite color?
    Charlie Munger: no

  • @kingdomcitizenship5613
    @kingdomcitizenship5613 3 года назад +3

    I'm amazed at the things he is openly discussing. He's basically saying the wealthy know the system is broken, they've extended their power as far as they could and doesn't know how this plays out, and our country's self implosion is inevitable.

  • @johnparadise3134
    @johnparadise3134 5 лет назад +56

    9:20 “I don’t worry much because I regard it as a cinch that a great nation in due time will be ruined.”

    • @1Esteband
      @1Esteband 5 лет назад

      cinch like easy?
      I was trying to understand it but still the sentence doesn't make much sense to me.

    • @johnparadise3134
      @johnparadise3134 5 лет назад +9

      1Esteband, yes “cinch” as in easy. He regards it as a foregone conclusion, a certainty, that a great nation will eventually be ruined. Reined as in destroyed. Lose its dominance. Fall! Just like the Roman Empire!

    • @1Esteband
      @1Esteband 5 лет назад +3

      ​@@johnparadise3134 Thank you.
      In case you want to see more of the US Roman Empire comparison. ruclips.net/video/AIYPu4MFLl4/видео.html

    • @nickfleming3719
      @nickfleming3719 5 лет назад +7

      Enough with the Roman Empire bs smh
      The key phrase "in due time" which could mean ANY amount of time, which is obvious. When the sun burns out, all earth nations are done for.
      To give you some perspective:
      Age of U.S.: 243 years
      Lifespans of other empires:
      Empire of Japan: 1,743 years
      Byzantine Empire: 874 years
      Holy Roman Empire: 844 years
      Zhou Empire: 790 years
      Ethiopian Empire: 666 years

    • @Haannibal777
      @Haannibal777 4 года назад +2

      Nick Fleming I was just going to comment that the US time in the sun is far too short to be going away any time soon and you beat me to it.

  • @Th3L0st0ne
    @Th3L0st0ne 5 лет назад +3

    becky quick is so smart and knowledgeable. i wish more news anchors and interviewers were like her. charlie is obviously fascinating to listen to

  • @Citizen-of-theworld
    @Citizen-of-theworld 5 лет назад +9

    28:30 - how to have happy life in 20 seconds! Brilliant

  • @socrates_the_great6209
    @socrates_the_great6209 5 лет назад +1

    Thanks for the great interview! Please always use her for interviews with Charlie.

  • @kantalarski
    @kantalarski 4 года назад +1

    Super wise man. Pleasure to listen to.

  • @hkrumble
    @hkrumble 5 лет назад +3

    Becky Quick is such an amazing interviewer. She knows how to probe, how to be patient, and how to phrase her follow up questions to get the most out of our wonderful, but laconic, Charlie Munger.

  • @reply_guy
    @reply_guy 4 года назад

    Two of the best in their respective fields. A pleasure to watch.

  • @ccdemuthjr
    @ccdemuthjr 5 лет назад +3

    Great interviewer. Great interviewee. Something rare and remarkable about Becky Quick: she asks questions in order to elicit insights from the interview subject, not to sound impressive.

  • @pauldupont1537
    @pauldupont1537 5 лет назад +3

    A true legend always a pleasure to hear his wisdom.

  • @sunghwanhwang8817
    @sunghwanhwang8817 5 лет назад +47

    30:05 No one can change your life, only you can change yourself. "I can change my reaction, but not the outcome" Classic Buddhist mentality.

    • @ricosuave666
      @ricosuave666 5 лет назад +2

      actually Charlie has specifically referred to confucianism as a philosophy he believes in.

    • @marcusjun94
      @marcusjun94 5 лет назад +2

      its also classic stoicism

    • @Gr8Layks
      @Gr8Layks 5 лет назад +4

      Marcus Jun I’ve never read stoics. Does that include Meditations by Marcus Aurelius? Can you recommend something?

    • @William.Driscoll
      @William.Driscoll 5 лет назад

      @@Gr8Layks A roommate has a copy of 'Meditations' in the washroom. It's excellent. Tim Ferriss highly recommends & regularly gives copies of Seneca's 'Moral Letters to Lucilius'. Also, here is a recommended-reading list of his: tim.blog/stoic/ Regards from Calgary, AB.

    • @dogestranding5047
      @dogestranding5047 5 лет назад

      Ricardo AM Did he say he believes in it? Or just that he respects it and that they share some of the same ideas?

  • @martenlee501
    @martenlee501 5 лет назад +9

    I am amazed on Becky as a person. It's so rare to see a woman with her statuesque. Her intelligence and beauty is so rare. Her husband is a lucky guy!

    • @realbobbyaxel
      @realbobbyaxel 5 лет назад +2

      Marten no doubt About that. I will forever be envious of her husband until I find a woman even better than her in all those qualities.

    • @paudelamarianaoancea3761
      @paudelamarianaoancea3761 4 года назад

      true true

  • @RONMAYS71
    @RONMAYS71 5 лет назад +3

    Good interview and insights , Thank You Mr Munger

  • @viktorwarhola1525
    @viktorwarhola1525 5 лет назад +3

    Love my Grandfather's generation!

  • @rocky7232
    @rocky7232 4 года назад +2

    Amazing amount of knowledge in this great man.

  • @hotpotmaster997
    @hotpotmaster997 5 лет назад +24

    "once a lawyer always a lawyer correct?" "not really!" LOL

  • @dhui777
    @dhui777 5 лет назад +2

    Good interviewer with many excellent questions.

  • @renatofrancorosas1397
    @renatofrancorosas1397 4 года назад +6

    "There are worse things in the world when you are rich and powerful than giving a little for the peace of the world."

  • @taylenday
    @taylenday 4 года назад +21

    Becky looking like a whole big snack

  • @benjamin95251
    @benjamin95251 5 лет назад +4

    This guy. I really enjoyed the interview.

  • @fiyamage
    @fiyamage 4 года назад +2

    9:24 he's right, no empires last forever. Charlie is so pragmatic that he's able to be at complete ease with the eventuality of this paradigm.

  • @jaidancraig
    @jaidancraig 5 лет назад +4

    Wow he is 95. That's impressive that he is that old and still very capable

  • @danielscott1409
    @danielscott1409 5 месяцев назад

    Such clarity of thought

  • @Vahe345
    @Vahe345 5 лет назад +13

    financial crisis was an accident. But when a person becomes insolvent from taking bad loans its not an accident?

    • @waspishhen1
      @waspishhen1 5 лет назад +7

      Vahe345 well no because they consensually agreed to its terms. Thus they knowingly took out loans they knew they could not repay. In principle would there would have been a crisis if everyone repaid the conditions of their loans? Of course not as it contradicts exactly the delinquency which caused the collapse. However saying this does not mean the institutions aren’t responsible in part for its cause as they also lent out these risky loans.

  • @BAdventures
    @BAdventures 5 лет назад +1

    Becky Quick is a great interviewer, lets the guest speak and share value. Love Charlie Mungers honesty and wisdom 😎👍

  • @bobreesjr9501
    @bobreesjr9501 5 лет назад +23

    Charlie Munger is the only billionaire I've ever talked to on the phone. That was back in January 2016.

    • @bobreesjr9501
      @bobreesjr9501 5 лет назад +8

      I was expecting his personal assistant to answer the phone and was shocked when "Charlie" answered..when I called back a few days later..he answered the phone himself again. Pretty cool!!

    • @thechronic4twenty
      @thechronic4twenty 5 лет назад

      what was the conversation about?

    • @PissTakeProduction
      @PissTakeProduction 5 лет назад +2

      @@thechronic4twenty Bitcoin

    • @marceldwayne8491
      @marceldwayne8491 5 лет назад +2

      Wait how the hell did you contact him & from where ?

    • @DefiSenpai
      @DefiSenpai 5 лет назад

      @@thechronic4twenty baby brains

  • @jayadevmenon
    @jayadevmenon 2 года назад

    Wow!! That's plain-speaking at its very best. He is so unafraid of saying it like it is. Sagacious!
    And Becky Quick does a brilliant job - asking the right questions and then listening without interrupting. So different from the interviewers we usually see on TV, the kind that are constantly interrupting the speaker.

  • @martinsamken
    @martinsamken 5 лет назад +3

    Superman!This man is my idol and mentor!

  • @LostSoulAscension
    @LostSoulAscension 4 года назад

    She'll also reword some questions to get to what she was more precisely hoping to hear from an initial question. Intelligent interviewer.

  • @glennthomas6827
    @glennthomas6827 4 года назад

    gotta love becky... check 8.00-8.06 when she's biting her lip to keep from laughing when Charlie says " i'm not ecstatic about any of them"
    then straight faces the next question... love it

  • @marshallhosel1247
    @marshallhosel1247 2 года назад +1

    Love Charlie

  • @anonymousubiquitous3295
    @anonymousubiquitous3295 4 года назад

    Thank you Charlie. If you wanted you could just not write books nor do interviews. But you choose to give us your insights and hard work.

  • @urosuros100
    @urosuros100 5 лет назад +4

    "There are worse things in the world, when you're rich and powerful, then giving a little for the peace of the world."

  • @jonathanjiang9275
    @jonathanjiang9275 5 лет назад +30

    Becky ought to have a whiskey afterward, interviewing Charlie is not easy...

    • @bradh7472
      @bradh7472 5 лет назад

      Its painful trying to listen to him speak. He and Warren need to pass on the business soon. They really are starting to ramble and not able to clearly explain their views. Love the guys and are the best ever but its getting really close to moving on with another younger group selected by them that can explain situations.

    • @robf1801
      @robf1801 5 лет назад +3

      @Auto blipper wtf, weirdo

  • @biff111henderson
    @biff111henderson 3 года назад

    This guy was great in the movie Hannibal. I always wondered who played Mason Verger.

  • @lcf274
    @lcf274 2 года назад

    28:32 Great advice

  • @socrates_the_great6209
    @socrates_the_great6209 5 лет назад +1

    Charlie is an Oracle. When are they gonna give him that title? We all know he is a genius already.

  • @harbinguy1
    @harbinguy1 5 лет назад

    28:15 good question and answers. I 've listened to it several times now.

  • @webfreakz
    @webfreakz 5 лет назад

    Thank you for the interview!

  • @emmyoregon1983
    @emmyoregon1983 4 года назад +8

    After a succession of payouts and compounding interest from the market. It took a little over 10 months to hit six figures from generating high ROi from trades. one habit that can't be changed as i still put 50% of my pay monthly into ETFs.

    • @contentmarketinginstitute7666
      @contentmarketinginstitute7666 4 года назад

      You were lucky enough to start as early as realized, cheers 🥂

    • @emmyoregon1983
      @emmyoregon1983 4 года назад

      The only luck I've had is being exposed early enough to financial education and my trading service
      *Xanderpayden (a) gm ail com* of Alexander Payden service. A recommendation from my late uncle
      Outstanding expertise and can be seen in his results. you can look him up

  • @bobfeller604
    @bobfeller604 3 года назад +1

    "How old were you when you figured this out?"...."About seven." Perfect.

  • @tez830
    @tez830 5 лет назад +2

    A man that always tells it like it is! Thank you Becky and CNBC!

  • @csswithmalikbedarbakht
    @csswithmalikbedarbakht 3 года назад

    8:33 Cheerful about what you cant fix
    22:21 whirlpool
    26:00 A man never steps into the same river twice

  • @riggidybang
    @riggidybang 5 лет назад +10

    Huge respect for Charlie, but from my personal experience in California - would be interested to see what happens if 'rich' people/companies leave - I think they have created terrible living conditions where people are efficiently separated from any sort of wealth - workers do not get proportionate compensation for their efforts and much of the remainder is paid towards unreasonable living costs.

    • @thomas8421
      @thomas8421 5 лет назад +1

      I like most of the interview except where when he started feeling sorry for the rich very out of touch but to be expected with someone like him

  • @gilmayer1
    @gilmayer1 5 месяцев назад

    RIP Charlie 💙🙏

  • @moisesmtzsantos
    @moisesmtzsantos 4 года назад

    He is a great great man!. He is so noble!. His hearth is great!