Who is he?
Born January 1, 1924 in Omaha Nebraska.
Munger grew up during the Great Depression which helped forged his mentality towards money.
Graduated Harvard Law School magna cum laude.
Beyond his formal education, Munger is a voracious reader.
Self Made Billionaire Value Investor, lawyer, and philanthropist.
Vice chairman of Berkshire Hathaway, Warren Buffet’s age-old partner.
“Charlie is truly the broadest thinker I have ever encountered” – Bill Gates
Munger also likes to think backwards or practice inversion while solving a problem. He reportably picked this up from the mathematician Carl Jacobi.
A basic example of inversion is say “I want a six pack. Okay using inversion, what do I not do in order to get a six pack”: eat unhealthy food, stay in bed all day, etc. Easier said then done but its an effective way to think. In the quote below you can see Munger touching to his mungerism, “invert, always invert”.