Among Munger's well-known views is that homes should be reserved for families who intend to live in them. At the 1998 ...

Next came refuse to learn from others. He mocked those who insist on "learning everything from their own personal experience," calling it the quickest way to mediocrity. The better move, he said, is ...

Buffett and Munger built investing success by focusing on business fundamentals, not just financial ratios. This is how they did it.

While diversification has been touted as a cornerstone of smart long-term investing, Charlie Munger claimed, "Diversification is for those who don't know anything." ...