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【C:C.M Ep.69】Charlie Munger: Why is Warren Buffett Richer? | Daily Journal 2019

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In this episode, Charlie Munger was asked in spite of being partners for so long, why is Warren Buffett so much richer than him?

In this episode, you’ll learn:
- Why is Warren Buffett richer than Charlie Munger?
(https://www.yapss.com/post/collection-charlie-munger-69-why-is-warren-buffett-richer)

#CharlieMunger #DailyJournalCorporation

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

AUDIENCE MEMBER 00:08
Hi Charlie, in spite of being partners for so long, why is Warren so much richer than you? (Laughter)

CHARLIE MUNGER 00:17
Well. He got an earlier start. He’s probably a little smarter. He works harder. There are not a lot of reasons. (Laughter) Why was Albert Einstein poorer than I was? (Laughter & Applause)

We are coming to the end of our allotted time. I’ll take one more question and then we’ll...
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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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