I have nothing but utmost respect for Warren Buffett and Charlie Munger, two great men who not only became among the world’s wealthiest by picking stocks, but have taught millions others the art of successful stock picking.
They met at a dinner party in Omaha in 1959 and took an instant liking to each other. “He was rolling on the floor laughing at his own jokes, and I thought, that is my kind of guy – I do the same thing,” Buffett says. They started sharing investment ideas immediately, and Munger joined Buffett 19 years later.
Ever since, they have shared their wisdom with the world on how to go about investing sensibly, independently, and successfully.
In order to bring their teachings to you, I present here a series on the review of the big ideas from their shareholder letters and other resources.
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Archives of Buffett and Munger
November 2024
August 2024
- Warren Buffett's $1 Test: A Simple Formula to Find Quality Companies
- Charlie Munger on Patience, Wisdom, and the Power of Changing Your Mind
May 2024
April 2024
February 2024
- An Underrated Secret of Success in Life and Investing
- My Notes on Warren Buffett’s 2023 Letter to Shareholders
January 2024
December 2023
November 2023
February 2022
August 2021
February 2020
February 2019
April 2018
March 2018
January 2016
March 2015
October 2014
- One Big Lesson I Learned Seeing Warren Buffett Make Mistakes
- DLF Fraud: One Big Lesson for Investors
September 2014
- Want to Learn Charlie Munger’s Way of Thinking?
- Charlie Munger's Six Secrets to Winning Big in Investing
March 2014
February 2014
October 2013
- Wit, Wisdom, Warren (Issue #13): Spoiled Princess, Toads, and Acquisitions
- Wit, Wisdom, Warren (Issue #12): Business of Life
- Wit, Wisdom, Warren (Issue #11): Risk
September 2013
- Wit, Wisdom, Warren (Issue #10): Businesses – The Good and Gruesome
- Wit, Wisdom, Warren (Issue #9): The Great Business
July 2013
March 2013
February 2013
January 2013
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger (Issue #7)
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger (Issue #6)
December 2012
November 2012
- Wit, Wisdom, Warren (Issue #8): Margin of Safety
- Wit, Wisdom, Warren (Issue #7): The Joys of Compounding
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger (Issue #4)
- Wit, Wisdom, Warren (Issue #6): Method of Operations
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger (Issue #3)
October 2012
- Wit, Wisdom, Warren (Issue #5): Conservative Investing
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger (Issue #2)
- Wit, Wisdom, Warren (Issue #4): Value Unlocking
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger (Issue #1)
September 2012
- Wit, Wisdom, Warren (Issue #3): The Valuation Junkyard
- Wit, Wisdom, Charlie: Elementary Worldly Wisdom from Charlie Munger
- Wit, Wisdom, Warren (Issue #2): Avoiding Permanent Loss of Capital
- Wit, Wisdom, Warren (Issue #1): Key Investing Principles
- Wit, Wisdom, Warren: Lessons from the World’s Best Investor