Warren Buffet & Charlie Munger: Margin Of Safety VS Great Business

Published on July 4, 2020

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Warren Buffet & Charlie Munger: Margin Of Safety. In this video, Warren Buffett and Charlie Munger explain why is it more important to buy a quality business rather than buying a mediocre business with a larger margin of safety.

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About 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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