【C:C.M Ep.61】Charlie Munger on Herb Kelleher (Co-Founder of Southwest Airlines) | Daily Journal 2019

In this episode, Charlie Munger was asked to share some anecdotes about Herb Kelleher (co-founder of Southwest Airlines), who has passed away in 2019?

In this episode, you’ll learn:
– Anecdotes about Herb Kelleher.
– What is Charlie Munger’s comments on Herb Kelleher?
(https://www.yapss.com/post/collection-charlie-munger-61-herb-kelleher)

#CharlieMunger #DailyJournalCorporation

[Transcript]
(Source: https://youtu.be/X1Oi3esiry8)

AUDIENCE MEMBER 00:08
Herb Kelleher passed away recently and I’m hoping that maybe you have some anecdotes about Herb that you would like to share with us?

CHARLIE MUNGER 00:16
Who?

AUDIENCE MEMBER 00:17
Herb Kelleher, the founder of Southwest Airlines.

CHARLIE MUNGER 00:19
Yeah well. Well he was a very remarkable business man. I never knew him, but he was an original and he created an amazingly sound company while drinking one hell of a lot of whiskey and smoking a hell of a lot of cigarettes. This is not my personal style. To do as well as he did with so much Bourbon and so many cigarettes, it set a new record in human life. (Laughter)

So, we should all remember Herb Kelleher. And we should all wish we could have so much strength that we could abuse it so much and still perform. I didn’t get such a hand. I regarded it as a miracle.