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Charlie Munger

50 Podcast Episodes

Latest 1 Feb 2023 | Updated Daily

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Charlie Munger: Latticework of Mental Models

Moonshots Podcast: Learning Out Loud

Charlie Munger is one of the greatest investors of all time. Plenty of people have called him a “learning machine.” The phrase ‘Latticework of Mental Models’ comes from Berkshire-Hathaway’s Charles Munger, who spent most of his life working out ways to, for lack of a better term, think better. Munger has come to the conclusion that in order to make better decisions in business and in life, you must find and understand the core principles from all disciplines.You have to learn all the big ideas in the key disciplines in a way that they’re in a mental latticework in your head and you automatically use them for the rest of your life.  – Charlie MungerThis is what he calls Elementary Worldly Wisdom, and using his system of Mental Models can help you succeed in almost any endeavour. ★ Support this podcast on Patreon ★

1hr 7mins

24 Nov 2022

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Charlie Munger: Berkshire, Billionaires, & the Blockchain 11/15/22

Squawk Pod

Berkshire Hathaway Vice Chairman Charlie Munger, at 98, weighs in on the market’s latest hyped asset–and its collapse: crypto. As exchange FTX crumbles and its CEO faces regulatory and social scrutiny, Charlie Munger, a longtime partner and friend of Warren Buffett, compares this stock market story to all the ones he’s seen before. In an extended interview with Becky Quick, Munger considers the real value in the blockchain, examining the claim that bitcoin is the “new gold.” Plus, he might not tweet, but the seasoned billionaire has thoughts on Elon Musk and on Tesla, his “minor miracle.” In this episode:Joe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky Quick @BeckyQuickKatie Kramer, @Kramer_Katie


15 Nov 2022

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TIP494: The Worldly Wisdom of Charlie Munger

We Study Billionaires - The Investor’s Podcast Network

IN THIS EPISODE, YOU’LL LEARN: 05:54 - How Warren Buffett and Charlie Munger met.07:07 - Why it’s important to embrace lifelong learning.09:27) - Why Charlie Munger uses mental models to think and invest.00:15:53 - How Charlie Munger changed Buffett’s investing strategy.20:47 - Why we should continuously challenge and reexamine our worldview.29:22) - Why Munger concentrates his personal investment portfolio. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Learn about the best investor you’ve never heard of – Nick Sleep.Check out Clay’s Intrinsic Value Analysis of Dollar General & Apple.Listen to Clay’s previous episode covering Warren Buffett’s 12 Investment Principles.Check out Poor Charlie’s Almanack.William Green’s book – Richer, Wiser, Happier.Follow Clay on Twitter and Instagram. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today! SPONSORS Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Find an advisor who’s invested in you with iA Financial Services Inc.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Whether you’re exploring ways to manage volatility, seeking income and diversification opportunities, or looking for tax management strategies- Invesco has over 200 ETFs to help you meet your financial goals. Visit invesco.com for a prospectus with this information.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Throw out the old traditions and get progressive. Discover the complete package – smart design, lots to love under the hood with Genesis.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax’s Gold Investor Kit today – 3 ounces of the world’s most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.More wealth, more purpose, or making more of a difference? Commonwealth Private helps you create more of yours – with exceptional service and experts who meticulously tailor opportunities for you.Take a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital‘s Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get personalized, expert advice that helps you see things clearly with ATB.In a world of probabilities, trade the possibilities with Pepperstone.If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Enjoy 10% off your first booking in Viator’s world of over 300,000 experiences you’ll remember. Download the Viator app now and use code VIATOR10.Monitor your recovery, sleep, training, and health, with personalized recommendations and coaching feedback with WHOOP. Use code WSB to save 10% off your order today.Start building a portfolio of alternative farm and timberland assets with AcreTrader.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Support our free podcast by supporting our sponsors. HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


15 Nov 2022

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How This Property Manager Went From Being A Mechanic To Owning 27 Doors, Managing 300 Units And Flipping Charlie Munger's Childhood Home- REIA Radio Episode 37 With Dan Zimmerman

REIA Radio

Dan Zimmerman is our guest for this week's episode of REIA Radio. Dan talks about... yup, you guessed it, Property Management, specifically how he manages contractors and vendors. His story of how he got started in Property Management and as well as some of his experiences on his way to owning 27 doors is sure to keep you guys entertained. Dan shares how he flipped Charlie Munger's childhood home as one of his Failing Forward moments teaching us that high end flips make good stories but not always good profits. So much more about Dan, his past life as a mechanic, living in New York, and so much more inside Episode 37 of REIA Radio. Let's get it!! You can Join the Omaha REIA at https://omahareia.com/ Omaha REIA on facebook https://www.facebook.com/groups/OmahaREIA Check out the National REIA https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram https://www.instagram.com/odawg2424/ Red Ladder Property Solutions www.sellmyhouseinomahafast.com Liquid Lending Solutions www.liquidlendingsolutions.com Owen’s Blogs www.otowninvestor.com www.reiquicktips.com Schedule with Dan - www.Calendly.com/citylinepropertiesProperty Management website - www.CityLineProperties.comDirect Bookings website - www.BookCityLine.com Personal Cell - 402-953-7348 Personal email - Dan@CityLineProperties.com Dan on Facebook - https://www.facebook.com/daniel.f.zimmerman Instagram - https://www.instagram.com/_danielzimmerman_/ If you like the content on Omaha REIA Radio, Be sure to give us a review on your favorite podcast platform to help others find us and leverage the knowledge and experience our hosts and guests have to offer. We greatly appreciate you for tuning in and see you in the next episode!! 

1hr 44mins

4 May 2022

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Live From Omaha: Warren Buffett, Charlie Munger, & Bill Murray 5/02/22

Squawk Pod

Becky Quick highlights the biggest takeaways from the first in-person Berkshire Hathaway Annual Shareholders Meeting since 2019. At what’s affectionately nicknamed the “Woodstock for Capitalists,” Warren Buffett and Charlie Munger answered hours of shareholder questions about their $40 billion March buying spree, inflation, bitcoin, and why the Robinhood trading app is justly ‘unraveling’. Among the guests at the meeting: actor and comedian Bill Murray, who is also a Berkshire shareholder. In a candid interview with Becky Quick and Mike Santoli, Murray spoke for the first time about the complaints of inappropriate behavior on the set of the movie, ‘Being Mortal,’ and its subsequent pause in production. He reflects on the evolution of his own comedy and on life lessons in perpetual learning from Buffett and Munger. For the full live stream of the Berkshire Hathaway Annual Meeting, exclusively available on CNBC, watch all 6 hours, here: https://www.cnbc.com/brklive22/. In this episode:Mike Santoli, @michaelsantoliAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie


2 May 2022

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The Little Known Secret to a Happy Life Whether You Have $5 or $5 Billion Dollars | Charlie Munger

Mind the Words

Do high expectations lead to sad life? We explore Charlie Munger's take on happiness, and explore how the way you interpret the meaning of your past define who you are, and the two step process of finding happiness.Chapters:00:00 - “The first rule of a happy life is low expectations.” - Charlie Munger04:37 - The meaning you label your past experiences can massively shift the odds in your favor - Alex Hormozi10:06 - Why you shouldn’t open a coffee shop15:56 - Pleasure vs Happiness18:17 - Expect nothing in life but surprisesSubscribe on your favorite podcast listening platform: https://sleek.bio/mindthewords


10 Apr 2022

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#221 Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger


What I learned from reading Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger by Janet Lowe.[16:02] I had a considerable passion to get rich. Not because I wanted Ferraris—I wanted the independence. I desperately wanted it.[26:49] I met the towering intellectuals in books, not in the classroom, which is natural. My family was into all that stuff, getting ahead through discipline, knowledge, and self-control.[37:44] He talked about business in a way that was animated and interesting though now I see he was almost broke. I knew he drove an awful car. But I never thought he was anything but a big success. Why did I think that? He just had this air-everything he did was going to be first class, going to be great. He had these enthusiasms for his projects and his future.[38:48] Charlie drummed in the notion that a person should always "Do the best that you can do. Never tell a lie. If you say you're going to do it, get it done. Nobody gives a shit about an excuse. Leave for the meeting early, Don't be late, but if you are late, don't bother giving people excuses. Just apologize. They're due the apology, but they're not interested in an excuse.”[42:22] The rabbit runs faster than the fox, because the rabbit is running for his life while the fox is only running for his dinner.[49:15] He wouldn't accept anything on face value. His interest in almost everything can be so intense, he will have a perspective that others will not have.[49:29] Do things that other people aren't doing.[1:07:55] I am a biography nut myself and I think when you're trying to teach the great concepts that work, it helps to tie them into the lives and personalities of the people who developed them. I think that you learn economics better if you make Adam Smith your friend. That sounds funny, making friends among the eminent dead, but if you go through life making friends with the emìnent dead who had the right ideas, I thìnk it will work better in life and work better in education. It's way better than just giving the basic concepts.[1:15:15] It is Charlie's philosophy that a first-rate man should be willing to take at least some difficult jobs with a high chance of failure.[1:21:28] Though few companies last forever, all of them should be built to last a long time, says Munger. The approach to corporate control should be  thought of as "financial engineering." Just as bridges and airplanes are constructed with a series of back-up systems and redundancies to meet extreme stresses, so too should corporations be built to withstand the pressures from competition, recessions, oil shocks, or other calamities. Excess leverage, or debt, makes the corporation especially vulnerable to such storms. It is a crime in to build a weak bridge. How much nobler is it to build a weak company?----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

1hr 24mins

13 Dec 2021

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178: Mental Models (Charlie Munger)

Law Firm Autopilot

It's often hard to understand our complex tech-driven world. That's why we need "mental models" to simplify the complex and make it more understandable. Charlie Munger is a famously successful lawyer who popularized the idea of using mental models. In this episode, Ernie explores how lawyers can use this tool to "make their thinking visible" as they do their knowledge work. Show Notes The Psychology of Human Misjudgment, (a YouTube recording of a 1995 speech given by Charlie Munger at Harvard University) The Revised Psychology of Human Misjudgment, by Charlie Munger Mental Models: The Best Way to Make Intelligent Decisions (~100 Models Explained) The Great Mental Models Volume 1: General Thinking Concepts, by Shane Parrish & Rhiannon Beaubien The Great Mental Models Volume 2: Physics, Chemistry and Biology, by Rhiannon Beaubien The Great Mental Models Volume 3: Systems and Mathematics, by Rhiannon Beaubien & Rosie Leizrowice Ultralearning: Master Hard Skills, Outsmart the Competition, and Accelerate Your Career, by Scott Young & James Clear BTW, I'd love to hear your questions or get feedback (if you want to record your thoughts using this cool tool). Also, you might want to download my free Guide to Working Smarter in the Digital Age (to help you optimize your practice —so you start working less and relaxing more). And if you want to make improvements faster, check out my Working Smarter course. Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity Pro


16 Nov 2021

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#259 - After Hours: Charlie Munger's Dormitory Building

The Second Studio Design and Architecture Show

VTBS Architects Email VTBS: info-sm@vtbs.com info-sj@vtbs.com Henry Yang, Chancellor at UCSB Email Henry: henry.yang@ucsb.edu Email AIA Santa Barbara: info@aiasb.com Sign the petition: https://www.change.org/p/ucsb-should-reject-the-proposed-munger-residence-hall?signed=true Architectural Record Article This episode is supported by Brizo • Monograph • Miele • Graphisoft SUBSCRIBE  • Apple Podcasts  • YouTube  • Spotify CONNECT  • Website: www.secondstudiopod.com • Instagram • Facebook • Twitter  • Call or text questions to 213-222-6950 SUPPORT Leave a review :) EPISODE CATEGORIES  •  Interviews: Interviews with industry leaders.  •  Design Companion: Informative talks for clients.   •  After Hours (AH): Casual conversations about everyday life.  •  Design Reviews: Reviews of creative projects and buildings.  •  Fellow Designer: Tips for designers.

1hr 39mins

9 Nov 2021

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1758 FBF: Charlie Munger: The Complete Investor, Value Investing with Tren Griffin

Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday is from episode 583 with Tren Griffin originally published last October 19, 2015. Tren Griffin doesn’t know the current stock price of Berkshire Hathaway and says Warren Buffett probably doesn’t either. Day-to-day ups and downs in the market don’t affect feasible, long-term investments. Value investing, traditionally known as buy and hold investing, approaches investing differently than most low fee indexes. It encourages rational thinking, interest based buying and finding the price mistakes in the market.  Key Takeaways: Jason’s Editorial: [1:45] Orlando Property Tour & Creating Wealth Seminar coming up [3:20] What I like about Warren Buffett [4:52] Know this about the properties on our site [10:00] The Walmart documentary example [14:37] Every company has 3 primary audiences - suppliers, stakeholders & customers [16:26] Send me an email with good quality sitcoms! [18:32] Meet the Masters - Early bird pricing available now! [18:56] Dubai in February with the Venture Alliance Tren Griffin Guest Interview: [20:00] Why write about Charlie Munger [21:22] 4 principles of value investing [24:11] Munger philosophy of decision-making [25:53] 25iq [27:00] The key to investing is to find a mistake - FOMO [32:06] Markets are difficult to predict in the short term [34:03] Aligning investments with interests [36:18] Are you willing to do the work required by value investing [38:04] The circle of confidence - become a specialist in one area [40:16] Munger/Buffett fundamental - Get Rich Slow [44:40] Berkshire stock never splits [46:38] Following Tren [48:29] You can have a life when you are a value investor Mentions: JasonHartman.com Charlie Munger: The Complete Investor reviews@jasonhartman.com Venture Alliance Mastermind 25iq @trengriffin Flash Boys The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year???  This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com Jason’s TV Clips: https://vimeo.com/549444172 Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect What do Jason’s clients say? http://JasonHartmanTestimonials.com Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund  Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com Guided Visualization for Investors: http://jasonhartman.com/visualization


29 Oct 2021