In a previous post, I provided a brief sketch of the life and career of legendary investor Charlie Munger. In this post, I want to provide some thoughts on what I believe is Munger’s greatest contribution: his advocacy of multi-disciplinary self-learning. Charlie Munger, who passed away on November 28, 2023, at the age of ninety-nine, […]
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This essay is the first in a two-part series on the life and legacy of Charlie Munger. Charlie Munger, Warren Buffett’s partner and long-time vice chairman of Berkshire Hathaway, died on Tuesday November 28th, 2023, at the age of 99. Early Life Charlie Munger was born on January 1, 2024, in Omaha, Nebraska to Alfred
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The Federal Reserve’s policy decisions have immense effects on stock prices. The financial news regularly reports on Fed policy decisions, and “don’t fight the Fed” has become a standard aphorism for nearly every market strategist. Despite this coverage of Fed policy, few investors seem to understand the mechanism by which the Federal Reserve impacts stocks
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