Charlie Munger Fans Profile Banner
Charlie Munger Fans Profile
Charlie Munger Fans

@CharlieMunger00

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Fan page & not the real Charlie Munger โ˜† Together lets celebrate Munger ๐Ÿ‘Œ Postings done by Anthony White

Sydney, Australia
Joined January 2019
Don't wanna be here? Send us removal request.
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@CharlieMunger00
Charlie Munger Fans
10 months
Charlie Munger - Checklist ๐Ÿ‘Œ๐Ÿ”ฅ๐Ÿ’ฅ
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@CharlieMunger00
Charlie Munger Fans
1 year
The sharpest minds on Wall Street predicted the S&P500 for 2022 Goldman Sachs - 5,100 Wells Fargo - 5,200 JP Morgan - 5,050 Finished at 3,839 Not one close Pay zero attention to forecasters. ZERO
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@CharlieMunger00
Charlie Munger Fans
2 years
"My partner Charlie Munger says there is only three ways a smart person can go broke: liquor, ladies and leverage" --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
6 months
MUST READ ๐Ÿ™ Remembering my teacher Charlie Munger - By Li Lu Thursday, November 30, 2023 I was on a business trip in Asia on Tuesday when I got the call from the Munger family informing me that Charlie was in his final hours. I hopped onto the next flight I could find to
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@CharlieMunger00
Charlie Munger Fans
2 years
"Investing is where you find a few great companies and then sit on your ass" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
Lehman when it collapsed had $700 billion in assets but only $25 billion (about 3.5%) in equity. Anything else look familiar ๐Ÿง
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@CharlieMunger00
Charlie Munger Fans
6 months
DEVASTING NEWS Charlie Munger passes away at 99 ๐Ÿ˜ฟ How will you remember him โ“๏ธPlease share your favourite memory as he would want us to celebrate his life RIP โค๏ธ So upset ...
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@CharlieMunger00
Charlie Munger Fans
1 year
Charlie & Warren do it again 2022 Berkshire +4.0% S&P 500 -19.4% Nasdaq -33.1% Bitcoin -64.2% TSLA -65.0% ARKK -67.0% via @DrDavidKass
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@CharlieMunger00
Charlie Munger Fans
2 years
"You have all these economists with 160 IQs that spend their life studying it, can you name me one super-wealthy economist that's ever made money out of securities? No" --- Warren Buffett FYI @TheKouk @RBAInfo
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@CharlieMunger00
Charlie Munger Fans
2 years
"Google has a huge new moat. In fact Iโ€™ve probably never seen such a wide moat. Their moat is filled with sharks.โ€ --- Charlie Munger, on $GOOGL
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œBuying a cyclicalย (e.g. commodities) after several years of record earnings & when the P/E ratio has hit a low point is a proven method for losing half of your money in a short period of timeโ€ --- Peter Lynch
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@CharlieMunger00
Charlie Munger Fans
1 year
โ€œBuying a cyclical after several years of record earnings and when the P/E ratio has hit a low point is a proven method for losing half of your money in a short period of timeโ€ --- Peter Lynch
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@CharlieMunger00
Charlie Munger Fans
1 year
Happy Birthday Charlie ๐ŸŽ‚ Charlie Munger today turned 99 ๐Ÿค˜
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@CharlieMunger00
Charlie Munger Fans
5 months
The sharpest minds on Wall Street predicted the S&P500 for 2023 Wells Fargo - 3,800 Morgan Stanley - 3,900 Goldman Sachs - 4,000 Currently at 4,776 Not one close Pay zero attention to forecasters. ZERO
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@CharlieMunger00
Charlie Munger Fans
1 year
"Get toxic people out of your life. Do it fast" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
"I've had my Berkshire stock decline by 50% three times. It doesn't bother me that much. That's just a natural consequence of an adult life" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
3 months
Warren Buffett Tribute to Charlie Munger ๐Ÿ’ฅ
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@CharlieMunger00
Charlie Munger Fans
1 year
Who says property only rises? Japan ๐Ÿ‡ฏ๐Ÿ‡ต house prices rose this year for the first time since 1989. This is 33 years of consecutive price falls ๐Ÿง
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@CharlieMunger00
Charlie Munger Fans
1 year
Put in an offer for a home, $500k below list price. The Agent said that was disrespectful. The Agent has called back 1 month later saying they will take it. I said fine, now my price has dropped another $250k. Its a buyers market for Australian property in the right areas
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@CharlieMunger00
Charlie Munger Fans
5 months
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@CharlieMunger00
Charlie Munger Fans
6 months
"Always return a borrowed car with a full tank of gas" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
9 months
โ€œThere are 60,000 economists in the US, many of them employed full-time trying to forecast recessions and interest rates and if they could do it successfully twice in a row, theyโ€™d all be millionaires by now. As far as I know most of them are still gainfully employed which ought
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@CharlieMunger00
Charlie Munger Fans
1 year
โ€œIt's a good habit to trumpet your failures and be quiet about your successes" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"Earnings don't move the overall market; it's the Federal Reserve Board. Focus on the central banks, and focus on the movement of liquidity. Most people in the market are looking for earnings and conventional measures. It's liquidity that moves markets" --- Stanley Druckenmiller
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@CharlieMunger00
Charlie Munger Fans
5 months
"It's so simple. You spend less than you earn. Invest shrewdly, avoid toxic people and toxic activities, and try and keep learning all your life" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
"If you put together the entire USA stock market, plus the USA property market, you are STILL below the value of the Australian property market, which is now 487% of GDP" ๐Ÿคฏ --- Tarric Brooker via @ttmygh
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@CharlieMunger00
Charlie Munger Fans
1 year
"The beauty of stocks is that they do sell at silly prices from time to time. That's how Charlie and I have gotten rich" --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
3 years
"Smart men go broke three ways - liquor, ladies and leverage." --- Charlie Munger Tiger Cub missed the memo!
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@CharlieMunger00
Charlie Munger Fans
2 years
ARK @CathieDWood latest ๐Ÿ˜ณ now -79% from the high. Investing isn't easy
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@CharlieMunger00
Charlie Munger Fans
10 months
โ€œThe best way to minimize riskย is to think.โ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
2 years
"Democracies are prone to inflation because politicians will naturally spend excessively. They have the power to print money & will use money to get votes. It happens over the long-term under any form of government" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
6 months
"The problem isn't getting rich, it's staying sane" โ€” Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
3 years
"If youโ€™re not a little confused about whatโ€™s going on, you donโ€™t understand it" --- Charlie Munger May 1, 2021
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@CharlieMunger00
Charlie Munger Fans
2 years
"Think about it. You have all these economists with 160 IQs that spend their life studying it, can you name me one super-wealthy economist thatโ€™s ever made money out of securities? NOโ€๐ŸŽฏ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
"During scary periods such as major market panics you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy. It will also be unwarranted" --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
9 months
"Every great money manager I've ever met, all they want to talk about it their mistakes. There's a great humility there." --- Stanley Druckenmiller
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œEvery decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, itโ€™s imperative that we rush outdoors carrying washtubs, not teaspoons. And that we will do.โ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
9 months
"I did not succeed in life by intelligence. I succeeded because I have a long attention span" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œI try to get rid of people who always confidently answer questions about which they donโ€™t have any real knowledgeโ€ --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"The three things I have found helpful in coping with its challenges are: Have low expectations, Have a sense of humor, Surround yourself with the love of friends and familyโ€ --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
11 months
"Itโ€™s an easy game, if you can control your emotions." --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
6 months
"You don't want to believe in luck you want to believe in odds." --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
Charlie Munger - Secret to Happiness๐ŸŽฏ
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@CharlieMunger00
Charlie Munger Fans
5 months
"You will move in the direction of the people that you associate with. So it's important to associate with people that are better than yourself.โ€ ๐ŸŽฏ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
"When Hitler was in his bunker before he shot himself, he said, "This isn't my fault. The German people just don't appreciate me enough." That's the attitude of a lot of bankers. They think their silliness is necessary" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
3 months
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Charlie Munger Fans
5 months
Everything we do in life compounds --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
"In my life, I try to avoid things that are stupid, evil and make me look bad and #Bitcoin does all threeโ€ --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
5 months
Christmas Present from Sister ๐Ÿ‘Œ๐ŸŽฏโค๏ธ
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@CharlieMunger00
Charlie Munger Fans
1 year
"Most people get interested when everyone else is. The time to be interested is when no one else is. You can't buy what is popular and do well" ๐ŸŽฏ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
6 months
"If you can get into a great company, stay in for a long time. That's the easiest and biggest money you'll possibly make" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
"Itโ€™s an easy game, if you can control your emotions" --- Warren Buffett via @mastersinvest
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@CharlieMunger00
Charlie Munger Fans
5 months
Nearly 28 years ago, Charlie Munger was the front cover of Forbes 'The not so silent partner' If you haven't read it - its A+ & mandatory - here is the write up ๐Ÿ‘Œ
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@CharlieMunger00
Charlie Munger Fans
19 days
๐Ÿ™๐Ÿผ
@WinfieldSmart
Win Smart, CFA
19 days
Berkshire tribute to Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"Using volatility as a measure of risk is nuts. Risk to us is (1) the risk of permanent loss of capital, or (2) the risk of inadequate return" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
6 months
"You make your money by the waiting." --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"People who use EBITDA are either trying to con you or theyโ€™re conning themselves" --- Buffett
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@CharlieMunger00
Charlie Munger Fans
2 years
"Look at the Roman empire with an absolute ruler. They inflated the currency steadily for hundreds of years and eventually the whole roman empire collapsed. Itโ€™s the biggest long-run danger we have โ€” next to nuclear war" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
When Charlie Munger was 31, he lost his 9 year-old son Teddy to cancer. He was divorced, alone, heartbroken, & financially broke. His ex-wife got the house & he lived in a small apartment & drove a wreck of a car YOU can come back from ANYTHING if you COMMITT
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@CharlieMunger00
Charlie Munger Fans
4 months
"Climb as high as you can by advancing one inch at a time, thatโ€™s the secret of life" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
10 months
Outstanding - When to Buy Retail companies by Joel Greenblatt ๐ŸŽฏ๐Ÿ‘Œ
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Charlie Munger Fans
1 year
โ€œI can buy anything I want, basically but I canโ€™t buy timeโ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œThe intelligent investor is a realist who sells to optimists and buys from pessimistsโ€ --- Benjamin Graham
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@CharlieMunger00
Charlie Munger Fans
1 year
"How many managers are going to beat the indexes? All costs considered, I would say maybe 5% consistently beat the averages. Everybody else is living in a state of extreme denial." --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
5 months
"Itโ€™s an easy game, if you can control your emotions." --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
9 months
GENIUS - Inflation by Milton Friedman ๐ŸŽฏ Worthy 3 minutes
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œReally successful people say no to almost everythingโ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
10 months
When asked, about Fitch USA downgrade "There are some things people shouldnโ€™t worry about. This is one.โ€ ๐ŸŽฏ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
โ€œYou really shouldnโ€™t ask other people their opinion about stocks. Letโ€™s say I give an opinion on the XYZ company. I could change my opinion a week from now and you wonโ€™t know. You ought to have your own reasons for buying a stock. If you donโ€™t your going to get shaken out by
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@CharlieMunger00
Charlie Munger Fans
2 years
"There are two things I have noticed in a long life, that really do enormous damage to the bearer. One of them is resentment, and the other is hatred" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"Good investing requires a weird combination of patience and aggression. And not many people have it" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
2 years
"Some of the worst business decisions Iโ€™ve seen came with detailed analysis. The higher math was false precision. They do that in business schools, because theyโ€™ve got to do something" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
10 months
"Focus on return on equity, not earnings per share." --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œWaiting for the bottom is folly. What, then, should be the investorโ€™s criteria? The answerโ€™s simple: if somethingโ€™s cheap based on the relationship between price & intrinsic value you should buy and if it cheapens further, you should buy moreโ€ --- Howard Marks @mastersinvest
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@CharlieMunger00
Charlie Munger Fans
9 months
โ€œBuying a retailer without good management is like buying the Eiffel Tower without an elevatorโ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
"Donโ€™t drift into self-pity because it doesnโ€™t solve any problems. Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought"๐ŸŽฏ --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
9 months
โ€œIf youโ€™re emotional about investment youโ€™re not going to do well.โ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
"I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
10 months
Success means being very patient, but aggressive when itโ€™s time.โ€ --- Charlie Munger
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Charlie Munger Fans
3 months
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@CharlieMunger00
Charlie Munger Fans
9 months
โ€œOn average, I think people beat themselves up too much over their mistakes. I donโ€™t think itโ€™s that productive.โ€ --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
Success means being very patient, but aggressive when it's time --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
6 months
"I've got some advice for the young: If you've got anything you really want to do, don't wait until you're 93" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"Retail investors have plowed a net $15.4b into Tesla $TSLA purchases during 2022, 3x the aggregate sum across 2020 and 2021, leaving Tesla with an eye popping 11% share of the average individual portfolio. So tons of retail pain & margin calls" --- Vanda Research
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@CharlieMunger00
Charlie Munger Fans
9 months
"The best stock to buy is the one you already ownโ€ โ€” Peter Lynch
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@CharlieMunger00
Charlie Munger Fans
2 years
โ€œThe wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they donโ€™t. Itโ€™s just that simpleโ€ โ€” Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
Alphabet $GOOGL made 2 sneaky changes to deliver consensus. Adjusted D&A schedule & pushed REM costs into Q2. Revert those numbers & instead of a +6% beat with $1.17 EPS, it's a 12% miss!! Accounting does matter, you need to look around corners
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@CharlieMunger00
Charlie Munger Fans
4 months
"Our Vice Chairman, Charlie Munger, has always emphasized the study of mistakes rather than successes, both in business and other aspects of life." --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
1 year
๐Ÿง Apple $AAPL $2,651b mkt cap $27b net cash Sells 224m phones p.a. Samsung $SMSN $293b mkt cap $87b net cash Sells 250m phones p.a.
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@CharlieMunger00
Charlie Munger Fans
2 years
"When investing, pessimism is your friend, euphoria the enemy" --- Warren Buffett
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@CharlieMunger00
Charlie Munger Fans
8 months
โ€œIn bear markets, stocks return to their rightful owners.โ€ --- J.P Morgan
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@CharlieMunger00
Charlie Munger Fans
9 months
"You must buy on the way down. There is far more volume on the way down than on the way back up, and far less competition among buyers. It is almost always better to be too early than too late, but you must be prepared for price markdowns on what you buy.โ€ -- Seth Klarman
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@CharlieMunger00
Charlie Munger Fans
6 months
"I just wonโ€™t pay 30 times earnings. I have never done that" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
1 year
"Pay close attention to the cannibals โ€“ the businesses that are eating themselves by buying back their stock" --- Charlie Munger Which companies are out there aggressively buying buy stock? ๐Ÿง๐ŸŽ‡
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@CharlieMunger00
Charlie Munger Fans
1 year
"Never ever invest in the present. You have to visualize the situation 18 months from now. If you invest in the present, you will be run over" --- Stanley Druckenmiller
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@CharlieMunger00
Charlie Munger Fans
2 years
Happy Birthday to one of the greatest investors of our time Charlie Munger turns 98 today ๐Ÿฅณ๐ŸŽ‰ Happy Birthday Charlie
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@CharlieMunger00
Charlie Munger Fans
6 months
"The most important quality for an investor is temperament not intellect" --- Warren Buffett
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Charlie Munger Fans
3 months
โ€œA lot of people with high IQs are terrible investors because theyโ€™ve got terrible temperaments" --- Charlie Munger
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@CharlieMunger00
Charlie Munger Fans
10 months
"The world is not driven by greed. Itโ€™s driven by envy. I have conquered envy in my own life. I donโ€™t envy anybody. I donโ€™t give a damn what someone else has. But other people are driven crazy by it.โ€ --- Charlie Munger
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28 days
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