Thursday, October 26, 2023

an immense treasure.................

      Like Warren Buffett, Munger inherited no wealth.  He built his fortune on the sheer power of his will and his business acumen.

     "While no real money came down, my family gave me a good education and a marvelous example of how people should behave, and in the end that was more valuable than money," explained Munger.  "Being surrounded by the right values from the beginning is an immense treasure.  Warren had that.  It even has a financial advantage.  People trusted Warren partly because he was a Buffett and people trusted the Buffetts."

-Janet Lowe, Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger

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