Published on 9 Apr 2024 on Benzinga via Yahoo Finance
Charlie Munger Said, 'Find A Way To Get Your Hands On $100,000' Even If It Means Walking Everywhere...
Charlie Munger, the man who served as legendary investor Warren Buffett’s right-hand man for decades, died in December, just shy of his 100th birthday. Buffett credits him as the "architect" of Berkshire Hathaway Inc. and referred to him as "part older brother, part loving father." Munger is renowned for his insightful and often blunt advice.
One piece of wisdom that resonates with investors is his take on building wealth. In the late 1990s, during a shareholder meeting, Munger said, “The first $100,000 is a b****, but you gotta do it.”