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Charlie Munger on American Express | Daily Journal 2017

In this episode, Charlie Munger was asked is American Express value proposition more in terms of payment or is it more in terms of service and rewards?

► Video Transcript & YAPSS Takeaway:
https://www.yapss.com/post/collection-charlie-munger-250-american-express
This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2017.
► Full Video:

☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

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YAPSS Playlist – Collection: Charlie Munger:
https://www.youtube.com/playlist?list=PLyeG_Tr8eXZmN2pp1LVVd3EawBfNwprC3

#YAPSS #CharlieMunger #DailyJournal

Charlie Munger on American Express | Daily Journal 2017 【C:C.M Ep.250】
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Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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