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cover of episode Berkshire Hathaway Part II

Berkshire Hathaway Part II

2021/5/12
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Charlie Munger, born in Omaha, aspires to be like John Maynard Keynes and values independence. He works for Warren's grandfather, Ernest Buffett, at the grocery store, learning early that manual labor is not for him.

Shownotes Transcript

In Part II of our Berkshire Hathaway Trilogy (!), we pick up the story with Warren wandering in the woods of Omaha, searching for his life's next chapter after retiring from the professional investing business at the top of his game at age 39. How does he emerge from those woods anew, transforming from Ben Graham's cigar-butt cocoon into the butterfly collector of Berkshire's wonderful businesses? (Spoiler: Charlie Munger.) And how did one rotten-to-the-core business nearly bring it all down — everything he'd ever worked for — in the span of one terrible week? Tune in! 

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The Charlie Munger Playbook is available on our website at https://www.acquired.fm/episodes/berkshire-hathaway-part-ii)

 

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