#78 Charlie Munger (the Tao of Charlie Munger)

In the chronicles of American financial history, Charlie Munger will be seen as the proverbial enigma wrapped in a paradox. He is both a mystery and a contradiction at the same time. Warren Buffett said Charlie's most important architectural features. was the design of today's Berkshire.

The blueprint he gave me was simple. Forget what you know about buying fair businesses at wonderful prices. Instead Buy wonderful businesses at fair prices. Consequently, Berkshire has been built.

Charlie's blueprint. How is it that Charlie Who trained as a meteorologist and a lawyer And never took a single college course in economics. marketing, finance, or accounting.

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