Money and Finance
The Buffett and Munger partnership...
Shane at Farnam Street had a great post on Michael Eisner’s book on partnerships, in which an excerpt about Buffett and Munger is worth reposting here:
Munger is not the standard model for the kind of partner who prefers to lie low and fade into the background. Everywhere else in his life, Charlie Munger plays the alpha role—with his family, in board meetings for the variety of companies and charities with which he’s involved, with me when I visited him at his office. I usually don’t have trouble getting a word into a conversation. Talking to Charlie Munger is different—I did a lot more listening than talking.
“That’s one of the beauties of the partnership,” says Charlie. “I am in so many activities where I am the dominant personality. Most people do not ‘fit into’ that mode—they can only operate in that mode. Yet I am particularly willing to play the secondary role. Warren’s a more able man in doing what we’re doing, so it’s the appropriate response. There are some times you should be first, some times you should be second, and some times you should be third.”
-
Charlie Munger On Cnnmoney
Links to videos: Charlie Munger: 'I'm not the only wise ass in the world' Munger on politicians: 'They're all flawed' Charlie Munger defends Clayton Homes Charlie Munger on what's going on in Baltimore
...
-
Warren Buffett, Charlie Munger, And Bill Gates On Cnbc
Links to videos: 10-year not part of my strategy: Buffett Buffett: Generally fighters not invited on boards I don't want to embarrass Coca-Cola: Buffett We will never do a hostile deal: Buffett Buffett: Mary Barra is made for the job Buffett on BofA...
-
Charlie Munger: Lessons From An Investing Giant - By Jason Zweig
One of the least appreciated virtues in investing is courage. Filings with the Securities and Exchange Commission in March and again this month show the extraordinary gumption of Charlie Munger, Warren Buffett's business partner and vice chairman...
-
Working Together: Why Great Partnerships Succeed
Michael Eisner has written a new book in which the partnership of Warren Buffett and Charlie Munger is one of the featured partnerships. Link to: Working Together: Why Great Partnerships Succeed
...
-
Berkshire, Buffett, And Munger Links
Before I leave for the Berkshire Hathaway Annual Meeting tomorrow, I thought I’d post some of the more popular and/or recent Warren Buffett and Charlie Munger links. Warren Buffett Videos from CNBC (March 2010) Berkshire Hathaway Speaks Out About Kraft's...
Money and Finance