Published on 3 Dec 2023 on Insider Monkey via Yahoo Finance

Charlie Munger’s Life History & Stock Portfolio: 4 Biggest Positions

In this piece, we will take a look at Charlie Munger's life history, his latest stock portfolio, and the biggest investment positions. If you want to skip our introduction to Mr. Munger's journey in life and the finance industry, then you can take a look at Charlie Munger's Life History & Stock Portfolio: 2 Biggest Positions.

Charlie Munger is one of the few financial professionals who also had a close association with the journalism industry. Out of the hundreds of hedge funds and investment companies covered by Insider Monkey, none of the well known investment bosses such as Ken Fisher of Fisher Investments, Ken Griffin of Citadel Investments, Cathie Woods of Ark Investment, or others are known for their newspapers. However, Mr. Munger's Daily Journal Corporation (NASDAQ:DJCO) is a full fledged media business with a century old history that Warren Buffett's close associate and friend bought in 1977.

As if owning a media company wasn't enough, Mr. Munger's relationship with Mr. Buffett also enabled him to view the investment world from the eyes of the world's biggest investment management company, Berkshire Hathaway. Berkshire is the most valuable financial firm in the world, and it owns billions of dollars of assets in the form of lucrative businesses, stocks, and other stakes that generate billions of dollars in profit each quarter without having the need to establish its own operations base. For instance, consider the fact that during the third quarter of this year, Berkshire Hathaway Inc. (NYSE:BRK-A raked in $63.4 billion in revenue, and during the previous quarter, its profit sat at $35.9 billion.