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Long before Greg Abel became Berkshire Hathaway Inc.’s CEO, Charlie Munger had already highlighted the leadership qualities and learning ability that made him a trusted successor to Warren Buffett. Charlie Munger Praised Greg Abel’s Leadership Speaking at the Daily Journal...
Singapore spent $6,551 per person on health care in 2023 against $13,473 in the US, and on 2024 figures its people live about four and a half years longer.
The advice came with a condition: insure anything you could not comfortably afford to replace out of your own pocket.
Charlie Munger explained why he self-insured against some risks after becoming wealthy, saying people should insure against losses they can’t afford and keep manageable risks themselves.
Billionaire Charlie Munger urged young people to skip the rich’s flashy status symbols, arguing that spending thousands on a Rolex brings little happiness and could be better put to work investing.
Third Quarter Fiscal 2026 Total Revenue of $27.0 Million, Reflecting a 15% Increase Year-Over-YearFirst Nine Months Fiscal 2026 Total Revenue of $69.2 Million, Reflecting a 17% Increase Year-Over-Year LOS ANGELES, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Daily Journal Corporation (Nasdaq: DJCO), a publishing and technology company, today announced financial results for the three and nine months ended June 30, 2026. Total consolidated revenue for the third quarter of fiscal 2026 was $27.0 million, repre
Charlie Munger’s famous reply to why Warren Buffett became much richer reveals a timeless investing lesson: Wealth isn’t an IQ contest, it’s a compounding contest.
Second Quarter Fiscal 2026 Total Revenue of $22.7 Million, Reflecting a 25% Increase Year Over YearFirst Half Fiscal 2026 Total Revenue of $42.3 Million, Reflecting an 18% Increase Year Over Year LOS ANGELES, May 14, 2026 (GLOBE NEWSWIRE) -- Daily Journal Corporation (Nasdaq: DJCO), a publishing and technology company, today announced financial results for the three and six months ended March 31, 2026. Total consolidated revenue for the second quarter of fiscal 2026 was $22.7 million, representi
Longtime Berkshire Hathaway Vice Chair Charlie Munger spent decades warning investors about the dangers of chasing easy money. Near the end of his life, the billionaire investor boiled that philosophy down to something far simpler than stock charts or balance...
Not every billionaire critique comes with a compliment baked in. But when Charlie Munger sized up Tesla CEO Elon Musk, he didn't dismiss him or cheer him on. He did something rarer. He separated the talent from the investment. Speaking...
The market runs on stories. The stock that explodes. The founder who gets it right. The investor who saw it coming before anyone else. Billionaire Charlie Munger spent one of his final appearances reminding people those stories are the exception,...
Some people slow down at 99. Late Berkshire Hathaway vice chair Charlie Munger kept buying apartment buildings like it was just another Tuesday. "I'm still doing the — now that I'm old, I buy these apartment houses, it gives me...
The U.S. spends more on health care than any country, yet outcomes don't reflect the price. The late Charlie Munger kept coming back to that disconnect. "The cost of American medical care and medical insurance is a disgrace," Munger said at the Daily Journal annual meeting in 2023. "If you go to Singapore, you'll find that they do the whole thing better than we do and it costs 20% of what we pay," he said. He pointed to what he saw as the real barrier to change. "And, by the way, I have no idea
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