| Charlie Munger portfolio of 2020. Charlie is best known for being Warren Buffett's right hand man and business partner for over 40 years. Find out where this billionaire invests! In this video we will look at: 2:19 - Charlie Munger & Warren Buffett on Diversification 4:50 - The Munger Family Portfolio 9:58 - The Daily Journal Portfolio Charlie was responsible for changing the way Warren Buffett invested. Going from "cigar butt investing" to investing in great companies at a fair price and staying with them for the long-term. Interestingly, these two billionaire mavericks are not a big fan of diversification. They believe that you only need 3 good companies to be very successful. Other Billionaire Portfolio's Warren Buffett - https://www.youtube.com/watch?v=XGBozO-1QGc Jeff Bezos - https://www.youtube.com/watch?v=ibeCXe1tMHs Jack Bogle - https://www.youtube.com/watch?v=k9cda9wqfJ8 Bill Gates - https://www.youtube.com/watch?v=xsb4nW2ilNg Ray Dalio - https://www.youtube.com/watch?v=OpxcvAfwZfM _____________________________________________ Subscribe Learn more about money and investing. Don’t miss out. Subscribe here https://www.youtube.com/channel/UCz4XY6NPKaMUWNWMONTw3NQ?sub_confirmation=1 _____________________________________________ Disclaimer Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! This channel is for education purposes only and is not affiliated with any financial institution. You should seek investment advice from a registered professional before making any investment decision. This channel is not responsible for any investment actions taken by viewers. #CharlieMunger #CharlieMungerPortfolio #WarrenBuffettPortfolio |
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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