• About Us
  • Contact Us
  • Daily Investment
  • Privacy Policy
Social icon element need JNews Essential plugin to be activated.
  • Login
Investment.Ceo
  • Investing
    • All
    • Cryptocurrencies
    • Earnings
    • Others
    • Real Estates
    • Stocks
    5321

    Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5189

    Market Sentiment

    5084

    Top 5 NFT Games Aside from Axie Infinity

    5080

    How Do NFT Games Work? ‘Axie Infinity’ Inner Workings Explained

    4816

    How The U.S. Became The World’s New Bitcoin Mining Hub

    653

    5 Most Valuable Skills To Learn Right Now

    3590

    S&P 500, Nasdaq Close At Record Highs As Mega-cap Tech Spurs Gains

    • Stocks
    • Cryptocurrencies
    • Real Estates
    • Others
  • Personal Finance
    • All
    • Budgeting/Saving
    • Credit Cards
    • Earnings
    • Weath Management
    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5302

    People With More Than 10,000 Twitter Followers Can Now Earn Money From Tweeting — Here’s How

    5274

    13 Low-Stress Jobs That Pay Really Well

    5229

    13 Ways to Save Money While Living Alone

    5223

    Which Jobs Pay $100K Or More? This List Might Surprise You

    5031

    A Woman Who Hit A $1 Million Net Worth In Her Early 30s Shares The 3 Strategies That Helped Her Reach Her Goal

    5005

    10 Money-Making Rules From The Jews: Spending Money On Something With Little Benefit Is For Fools!

    4967

    ‘A Lot Of People With money don’t have wealth’: A political scientist, psychologist, and CFP on what makes you ‘wealthy’

    • Weath Management
    • Budgeting/Saving
    • Banking
    • Credit Cards
  • Market News
    • All
    • Billionaires
    • Companies
    • Trends
    5338

    He Was Arrested for Weed at 13, and He’s Selling It Legally at 27

    5321

    Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5296

    Research: The Average Age of a Successful Startup Founder Is 45

    5292

    What Impact Will The Taliban’s Rise Have On The Dollar?

    5243

    Billionaire investor John Paulson: Cryptocurrencies will ‘go to zero’

    5236

    Why OnlyFans had second thoughts on banning sexually explicit content

    5220

    Louis Vuitton’s CEO Now Worth $200 Billion — Here’s How To Invest In The World’s Richest

    • Trends
    • Billionaires
    • Companies
  • Opinions
    • All
    • Advisors
    • Analysis
    • Prediction
    5335

    If You Want Your Kid To Become The Next Zuckerberg, Don’t Take Away Their Video Games

    5316

    Like It or Not, P.o.r.n Can Still Be an Engine for Tech Progress

    5310

    The 12 Most Overlooked Truths Of Money And Life ‘No One Teaches You In School,’ Says Financial Psychology Expert

    5307

    Here’s How to Tell in 20 Seconds If Someone Will Never Be Successful

    5299

    Ben Franklin and Jeff Bezos Agree This Is the Best Way to Maximize Your Intelligence

    5286

    How to Retire With $1 Million

    5278

    16 Things Money Can’t Buy (No Matter How Rich You Are)

    5274

    13 Low-Stress Jobs That Pay Really Well

    • Analysis
    • Advisors
    • Prediction
  • Lifestyle
    5052

    7 Foods You Can Eat To Save The Planet

    4839

    Silicon Valley Investor Paul Graham Gave Up TV At 13—How It Relates To His Strategy For Achieving ‘Great Things’

    4829

    There Are Very Solid Engineering Reasons Why Jeff Bezos’ Rocket Looks Exactly Like, You Know, That

    4912

    Tears Of The Philippines Gold-Medalist Weightlifter And The Touching Story Behind

    4802

    Facebook Spent $23.4 Million on Mark Zuckerberg’s Personal Security

    4715

    Judge’s Decision In UK’s Most Expensive Divorce Case

    4745

    Jeff Bezos On Critics Of Billionaires Going To Space: ‘They’re Mostly Right’

    4598

    Research Says Your Ability To ‘Bulls—’ May Be A Sign Of Intelligence

No Result
View All Result
  • Investing
    • All
    • Cryptocurrencies
    • Earnings
    • Others
    • Real Estates
    • Stocks
    5321

    Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5189

    Market Sentiment

    5084

    Top 5 NFT Games Aside from Axie Infinity

    5080

    How Do NFT Games Work? ‘Axie Infinity’ Inner Workings Explained

    4816

    How The U.S. Became The World’s New Bitcoin Mining Hub

    653

    5 Most Valuable Skills To Learn Right Now

    3590

    S&P 500, Nasdaq Close At Record Highs As Mega-cap Tech Spurs Gains

    • Stocks
    • Cryptocurrencies
    • Real Estates
    • Others
  • Personal Finance
    • All
    • Budgeting/Saving
    • Credit Cards
    • Earnings
    • Weath Management
    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5302

    People With More Than 10,000 Twitter Followers Can Now Earn Money From Tweeting — Here’s How

    5274

    13 Low-Stress Jobs That Pay Really Well

    5229

    13 Ways to Save Money While Living Alone

    5223

    Which Jobs Pay $100K Or More? This List Might Surprise You

    5031

    A Woman Who Hit A $1 Million Net Worth In Her Early 30s Shares The 3 Strategies That Helped Her Reach Her Goal

    5005

    10 Money-Making Rules From The Jews: Spending Money On Something With Little Benefit Is For Fools!

    4967

    ‘A Lot Of People With money don’t have wealth’: A political scientist, psychologist, and CFP on what makes you ‘wealthy’

    • Weath Management
    • Budgeting/Saving
    • Banking
    • Credit Cards
  • Market News
    • All
    • Billionaires
    • Companies
    • Trends
    5338

    He Was Arrested for Weed at 13, and He’s Selling It Legally at 27

    5321

    Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5296

    Research: The Average Age of a Successful Startup Founder Is 45

    5292

    What Impact Will The Taliban’s Rise Have On The Dollar?

    5243

    Billionaire investor John Paulson: Cryptocurrencies will ‘go to zero’

    5236

    Why OnlyFans had second thoughts on banning sexually explicit content

    5220

    Louis Vuitton’s CEO Now Worth $200 Billion — Here’s How To Invest In The World’s Richest

    • Trends
    • Billionaires
    • Companies
  • Opinions
    • All
    • Advisors
    • Analysis
    • Prediction
    5335

    If You Want Your Kid To Become The Next Zuckerberg, Don’t Take Away Their Video Games

    5316

    Like It or Not, P.o.r.n Can Still Be an Engine for Tech Progress

    5310

    The 12 Most Overlooked Truths Of Money And Life ‘No One Teaches You In School,’ Says Financial Psychology Expert

    5307

    Here’s How to Tell in 20 Seconds If Someone Will Never Be Successful

    5299

    Ben Franklin and Jeff Bezos Agree This Is the Best Way to Maximize Your Intelligence

    5286

    How to Retire With $1 Million

    5278

    16 Things Money Can’t Buy (No Matter How Rich You Are)

    5274

    13 Low-Stress Jobs That Pay Really Well

    • Analysis
    • Advisors
    • Prediction
  • Lifestyle
    5052

    7 Foods You Can Eat To Save The Planet

    4839

    Silicon Valley Investor Paul Graham Gave Up TV At 13—How It Relates To His Strategy For Achieving ‘Great Things’

    4829

    There Are Very Solid Engineering Reasons Why Jeff Bezos’ Rocket Looks Exactly Like, You Know, That

    4912

    Tears Of The Philippines Gold-Medalist Weightlifter And The Touching Story Behind

    4802

    Facebook Spent $23.4 Million on Mark Zuckerberg’s Personal Security

    4715

    Judge’s Decision In UK’s Most Expensive Divorce Case

    4745

    Jeff Bezos On Critics Of Billionaires Going To Space: ‘They’re Mostly Right’

    4598

    Research Says Your Ability To ‘Bulls—’ May Be A Sign Of Intelligence

No Result
View All Result
Investment.Ceo
No Result
View All Result

Warren Buffett And Charlie Munger: ‘We Made A Lot Of Money’ But Here’s ‘What We Really Wanted’

Warren Buffett and Charlie Munger have been friends for over 60 years and business partners since 1978.

July 13, 2021
in Market News, Billionaires, Lifestyle
0
105891940 1556912146945gettyimages 1140932026

Warren Buffett and Charlie Munger have been friends for over 60 years and business partners since 1978. During that time, they’ve both become billionaires while building Berkshire Hathaway into a $630 billion investment giant.

But, to hear the two wealthy nonagenarians tell it, at least, all of that money wasn’t even the biggest prize of their decades-long partnership.

You might also like

1x 1 1

He Was Arrested for Weed at 13, and He’s Selling It Legally at 27

8 months ago
0
el salvador keurt de bitcoin wet goed

Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

9 months ago
0

“We made a lot of money but what we really wanted was independence,” Buffett, the 90-year-old investing icon, told CNBC’s Becky Quick in an interview that aired on Tuesday as part of the special, “Buffett & Munger: A Wealth of Wisdom.”

Buffett went on to explain that the “independence” he and Munger sought had to do with having the freedom to choose who they associate with on a day-to-day basis, whether that’s in business or their personal lives.

Warren Buffett and Charlie Munger

“What’s really great is if you can do what you want to do in life and associate with who you want to associate in life, and we’ve both had that spirit all the way through,” Buffett said, calling it “one of the luxuries of life.”

Berkshire’s success has meant that Buffett and Munger have spent decades calling their own shots in terms of the companies they invest in and the employees or partners they work with, and they’ve been able to do it all while working closely with each other.

“If we associated with jerks, that was our problem, but we didn’t have to. We’ve had that luxury now for 60 years, or close to it,” Buffett added, calling that freedom more important than other trappings of wealth, such as expensive material items: “That beats 25-room houses, or six cars.”

“It’s better to associate with people who are better than you are,” Buffett said, referring specifically to his friendship with Munger.

When CNBC’s Quick asked the pair how quickly they can typically determine if someone they meet is a person they want to associate with, the 97-year-old Munger replied: “It’s amazing how quickly we do it and how few bad mistakes we make.”

“I don’t know exactly [what we look for],” Buffett added, though he says he knew right away that he and Munger would hit it off and have a long friendship and partnership after the pair met at a dinner arranged by mutual acquaintances in 1959.

“I knew after I met Charlie, after a few minutes in the restaurant, I knew that this guy’s going to be in my life forever. [I knew] we were gonna have fun together, we were gonna make money together, we were gonna get ideas from each other [and] we were both going to behave better than if we didn’t know each other,” Buffett told CNBC.

When asked what the two friends admire about each other, Munger quickly mentioned the fact that he and Buffett share a similar sense of humor. (Earlier in the interview, Munger noted that he and Buffett immediately hit it off over 60 years ago, thanks to a shared sense of “irreverence,” where they didn’t take themselves, or others, too seriously.)

“Well, I like the humor, of course, but [him being] dependable is really important,” Munger said of Buffett.

Responding to the same question, Buffett struck a more serious note, pointing to Munger’s philanthropic efforts, including donating $21 million to the Good Samaritan Hospital and giving hundreds of millions of dollars to construct student dorms at schools like the University of Michigan and the University of California, Santa Barbara.

“He has given to individuals and also to society,” said Buffett, who himself has donated more than $41 billion to charity in total, and plans to give away the bulk of his roughly $100 billion fortune as part of “The Giving Pledge.”

Buffett added that he’s also admired Munger’s honesty and fairness as a friend and business partner.

“Charlie’s never shaded anything he’s told me in terms of presenting it to me in a different way than reality, or he’s never done anything I’ve seen that’s self-serving in terms of being a partner in any kind of way,” Buffett said. “He makes me better than I would otherwise be and I don’t want to disappoint him.”

“You had the same thing, in reverse,” Munger responded.

Previous Post

The Saving Habits Of Millionaires Generate Debt For 90% Of The Population

Next Post

9 Employees at a Burger King Announced Their Resignations By Writing on the Restaurant’s Billboard, ‘We All Quit. Sorry for the Inconvenience’

Next Post
1626125928 GettyImages 1212846665

9 Employees at a Burger King Announced Their Resignations By Writing on the Restaurant's Billboard, 'We All Quit. Sorry for the Inconvenience'

106599898 1593619702922gettyimages 1137305890

These Remote-Friendly Jobs In Cryptocurrency Pay Over $100,000

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Sep    

Recent Posts

  • He Was Arrested for Weed at 13, and He’s Selling It Legally at 27
  • If You Want Your Kid To Become The Next Zuckerberg, Don’t Take Away Their Video Games
  • Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’
Social icon element need JNews Essential plugin to be activated.

© 2020 Investment.Ceo - Investment Blog by Daily Investment.

No Result
View All Result
  • Investing
    • All
    • Cryptocurrencies
    • Earnings
    • Others
    • Real Estates
    • Stocks
    5321

    Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5189

    Market Sentiment

    5084

    Top 5 NFT Games Aside from Axie Infinity

    5080

    How Do NFT Games Work? ‘Axie Infinity’ Inner Workings Explained

    4816

    How The U.S. Became The World’s New Bitcoin Mining Hub

    653

    5 Most Valuable Skills To Learn Right Now

    3590

    S&P 500, Nasdaq Close At Record Highs As Mega-cap Tech Spurs Gains

    • Stocks
    • Cryptocurrencies
    • Real Estates
    • Others
  • Personal Finance
    • All
    • Budgeting/Saving
    • Credit Cards
    • Earnings
    • Weath Management
    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5302

    People With More Than 10,000 Twitter Followers Can Now Earn Money From Tweeting — Here’s How

    5274

    13 Low-Stress Jobs That Pay Really Well

    5229

    13 Ways to Save Money While Living Alone

    5223

    Which Jobs Pay $100K Or More? This List Might Surprise You

    5031

    A Woman Who Hit A $1 Million Net Worth In Her Early 30s Shares The 3 Strategies That Helped Her Reach Her Goal

    5005

    10 Money-Making Rules From The Jews: Spending Money On Something With Little Benefit Is For Fools!

    4967

    ‘A Lot Of People With money don’t have wealth’: A political scientist, psychologist, and CFP on what makes you ‘wealthy’

    • Weath Management
    • Budgeting/Saving
    • Banking
    • Credit Cards
  • Market News
    • All
    • Billionaires
    • Companies
    • Trends
    5338

    He Was Arrested for Weed at 13, and He’s Selling It Legally at 27

    5321

    Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day As El Salvador’s President ‘Buys The Dip’

    5313

    These 14- and 9-year-old Siblings Earn Over $30,000 A Month Mining Cryptocurrency

    5296

    Research: The Average Age of a Successful Startup Founder Is 45

    5292

    What Impact Will The Taliban’s Rise Have On The Dollar?

    5243

    Billionaire investor John Paulson: Cryptocurrencies will ‘go to zero’

    5236

    Why OnlyFans had second thoughts on banning sexually explicit content

    5220

    Louis Vuitton’s CEO Now Worth $200 Billion — Here’s How To Invest In The World’s Richest

    • Trends
    • Billionaires
    • Companies
  • Opinions
    • All
    • Advisors
    • Analysis
    • Prediction
    5335

    If You Want Your Kid To Become The Next Zuckerberg, Don’t Take Away Their Video Games

    5316

    Like It or Not, P.o.r.n Can Still Be an Engine for Tech Progress

    5310

    The 12 Most Overlooked Truths Of Money And Life ‘No One Teaches You In School,’ Says Financial Psychology Expert

    5307

    Here’s How to Tell in 20 Seconds If Someone Will Never Be Successful

    5299

    Ben Franklin and Jeff Bezos Agree This Is the Best Way to Maximize Your Intelligence

    5286

    How to Retire With $1 Million

    5278

    16 Things Money Can’t Buy (No Matter How Rich You Are)

    5274

    13 Low-Stress Jobs That Pay Really Well

    • Analysis
    • Advisors
    • Prediction
  • Lifestyle
    5052

    7 Foods You Can Eat To Save The Planet

    4839

    Silicon Valley Investor Paul Graham Gave Up TV At 13—How It Relates To His Strategy For Achieving ‘Great Things’

    4829

    There Are Very Solid Engineering Reasons Why Jeff Bezos’ Rocket Looks Exactly Like, You Know, That

    4912

    Tears Of The Philippines Gold-Medalist Weightlifter And The Touching Story Behind

    4802

    Facebook Spent $23.4 Million on Mark Zuckerberg’s Personal Security

    4715

    Judge’s Decision In UK’s Most Expensive Divorce Case

    4745

    Jeff Bezos On Critics Of Billionaires Going To Space: ‘They’re Mostly Right’

    4598

    Research Says Your Ability To ‘Bulls—’ May Be A Sign Of Intelligence

© 2020 Investment.Ceo - Investment Blog by Daily Investment.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In