Forget billionaire Charlie Munger’s rule about saving your first $100K — here’s why everything changes when you hit $20K, and how to take advantage

The dearth of savings is particularly acute for younger Americans. According to a 2024 report by Fidelity Investments, the ...

The late Charlie Munger said 'you only have to get rich once' but warned making that first $100K is the biggest hurdle

In one of his last interviews, Munger offered some of his signature investing wisdom on the "Acquired" podcast.
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Charlie Munger's Top 3 Success Tips: 'Never Sell Anything You Wouldn't Buy, Work For Those You Respect, And Work With People You Enjoy'

The investment world reveres the late Charlie Munger for his profound wisdom and success principles. His three cardinal rules for career satisfaction and success have been a beacon for many aspiring ...

Charlie Munger once revealed 3 reasons Warren Buffett was ‘so much richer’ than him — despite being partners. Use those keys to unlock mega-wealth now

Buffett also believes in the importance of investing within your circle of competence — meaning sticking to that which you ...

Berkshire icon Charlie Munger believed homeownership is for families. How to invest in real estate without buying a home

Among Munger's well-known views is that homes should be reserved for families who intend to live in them. At the 1998 ...

Charlie Munger Warned Of 'Liquor, Ladies, And Leverage,' But Ryan Detrick Sees S&P 500 Hitting New Milestones Despite 'Cockroach' Fears

Detrick cites Munger on leverage "ruin" but remains bullish on the S&P 500. See why "breadth leads price" despite "cockroaches" in credit.