RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis

In this special tribute, William Green celebrates the life & legacy of investing legend Charlie Munger. He shares personal anecdotes about his own interactions with Charlie & showcases an array of rich insights about Charlie from four famed investors: Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis. They share some of Charlie’s most valuable lessons about investing, business, & life while also conveying what made him such an inspiring & idiosyncratic character. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 03:18 - What it was like for William Green to interview Charlie Munger. 10:07 - What William learned from Charlie about trying to be less stupid. 37:14 - How Charlie’s friendship changed Mohnish Pabrai’s life. 4:48 - What was distinctive about Charlie’s reading habits. 55:59 - How his hard, brusque exterior concealed a soft, sensitive interior. 1:04:50 - Why it’s a huge competitive advantage to be trustworthy. 1:22:50 - How Warren Buffett & Charlie Munger surpassed General Electric.  1:33:36 - Why it’s invaluable to have a partner who challenges your beliefs. 1:37:17 - What Charlie taught Chris Davis about how to learn from our mistakes. 1:49:17 - How to succeed by structuring your life to avoid your weaknesses.  1:55:30 - How Charlie was different from Warren. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Poor Charlie’s Almanack by Charles T. Munger & Peter D. Kaufman  Listen to William Green’s podcast interview with Mohnish Pabrai or watch the video. Tune in to William Green’s podcast interview with Tom Gayner or watch the video. Listen to William Green’s podcast interview with Chris Davis or watch the video. Tune in to William Green’s podcast interview with Joel Greenblatt or watch the video. William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book Follow William Green on X (AKA Twitter) Check out the books mentioned in the podcast here. NEW TO THE SHOW? Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River AlphaSense Wise American Express Business Gold Card Shopify Toyota Ka’Chava Glengoyne Whisky Babbel Alto Linkedin Marketing Solutions Noble Gold Investments Vanta Efani Monetary Metals Salesforce Notion AI HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm