Software Nerd

Wednesday, August 06, 2008

Charles Munger

I am a fan of Warren Buffett, despite his awful views on political science.

Buffett's business partner is the lesser-known Charles Munger. He has better political views than Buffett. However, like Buffett, he is a very steady, rational and thoughtful person. Here is a long (1;45 hrs) video of Munger giving a talk at Caltech, for anyone who is curious as to what it might take to be one of the richest men in the world.



  • A little scattered, I think some essentials nevertheless made it through: Munger cultivates common sense and the "easy" way, at least concerning investing. It's really weird how it doesn't carry over into other areas. Though he championed a general life self-education, he still didn't seem to know much about good politics; he contradicted himself by denouncing communism, yet supporting investment regulations.

    I think his self-reliance, or bucking the accepted, and self-motivation are important to his success.

    By Blogger James Newport, at 1:05 AM  

  • Yes, unfortunately, like many smart people, Munger accepts an altruistic view of ethics and a government that is mildly based on that. Buffett goes a little further.

    I think you're right about self-reliance. Both he and Buffett simply do not get caught up in fads.

    By Blogger softwareNerd, at 10:53 AM  

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