Key Points. Costco stock was a Charlie Munger favorite. And it’s been faring quite well in recent years, to say the least. Costco stock isn’t cheap after its mild earnings beat.

Charlie called me one day and says, 'We've got to buy BYD, this guy that runs it is better than Thomas Edison - Buffett in a CNBC Interview in 2018 Berkshire Hathaway bought about 10% of BYD but ...

Most people spend their lives trying to avoid pain. Charlie Munger didn't bother. He accepted it—stared it down, lived through it, and kept going. His advice? Life is brutal sometimes. Go ahead ...

Charlie Munger's Life Advice: 'Someone Will Always Be Getting Richer Faster Than You, This Is No Great Tragedy' Bibhu Pattnaik . Mon, Jun 2, 2025, 9:31 PM 3 min read.

Munger states, “Someone will always be getting richer faster than you. This is no great tragedy.” He believes that envy is a path to misery and can lead to poor investment decisions.

The viral spread of a speech by Charlie Munger, shared on social media on June 2, 2025, appears to have inspired renewed investor confidence, contributing to a 1.2% rise in Bitcoin’s price to $69,500 ...

One of his key principles is to avoid comparing oneself with others, particularly in terms of wealth. Munger states, “Someone will always be getting richer faster than you.