Charlie Munger

AAA

DEFINITION of 'Charlie Munger'

The Vice-Chairman of Berkshire Hathaway Corporation, the diversified company chaired by renowned investor Warren Buffet. Upon graduating from Harvard Law School in 1948, Charles Thomas Munger, known as Charlie, founded Munger, Tolles & Olson LLP, a real estate law firm. In 1965, he began concentrating on managing investments and formed an investment firm, Wheeler, Munger and Company, with a seat on the Pacific Coast Stock Exchange. While practicing law in Omaha, Munger met Warren Buffet and eventually joined Berkshire Hathaway has Buffet's "right hand man".

INVESTOPEDIA EXPLAINS 'Charlie Munger'

Warren Buffet has publicly referred to Charlie Munger as his partner at Berkshire Hathaway. He is also the CEO of Wesco, a diversified corporation headquartered in Pasadena, California and majority owned by Blue Chip Stamps - which itself is owned wholly by Berkshire Hathaway. Munger is also a well-known philanthropist.

RELATED TERMS
  1. J. Harold Chandler

    The current COO of Univers Workplace Benefits and a former president, ...
  2. Diversified Company

    A company that has multiple, unrelated businesses. Unrelated ...
  3. Warren Buffett

    Known as "the Oracle of Omaha", Buffett is Chairman of Berkshire ...
  4. Value Investing

    The strategy of selecting stocks that trade for less than their ...
  5. Oracle Of Omaha

    A nickname for Warren Buffett, who is arguably one of the greatest ...
  6. Berkshire Hathaway

    A holding company for a multitude of businesses run by Chairman ...
Related Articles
  1. Options & Futures

    Invest Like Buffett: Building A Baby Berkshire

    Get a piece of Warren Buffett's profit by using Form 13F to coattail his picks.
  2. Active Trading

    What Is Warren Buffett's Investing Style?

    Learn the main principles that Warren Buffet uses in assessing a company. His take on value investing may surprise you.
  3. Active Trading

    The Value Investor's Handbook

    Learn the technique that Buffett, Lynch and other pros used to make their fortunes.
  4. Insurance

    Warren Buffett: The Road To Riches

    Find out how he went from selling soft drinks to buying up companies and making billions of dollars.
  5. Facebook Developing New Technologies To Stay On Top
    Investing Basics

    Facebook's Quest For Relevance Leads To New Tech

    the seed from which Facebook sprouted was an immature, perhaps even tacky website that allowed the student community to vote on the appearance of their fellow students.
  6. Investing

    Patrick Byrne's Interest In Bitcoin Was A Good Call, It Turns Out

    Patric Byrne and his interest in Bitcoin is much beyond a 'publicity stunt' that many had initially alleged. He sees a future in cryptocurrency.
  7. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
    Professionals

    What is a SWOT Analysis?

    SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a management tool used to identify strategies for success. It may be used to guide individual thinking, group ...
  8. Charles Schwab saw a huge return on his investment in the small-investor market. Today, he serves as executive chairman and largest shareholder of his namesake brokerage, which oversees 9.3 million client accounts.
    Investing News

    How Much Money Does Charles Schwab Have?

    Charles Schwab saw a huge return on his investment in the small-investor market. Today, he serves as executive chairman and largest shareholder of his namesake brokerage, which oversees 9.3 million ...
  9. What do you do with your money when you're one of the world's wealthiest individuals? If you're Carlos Slim, you give a lot away.
    Investing News

    Where Does Carlos Slim Keep His Money?

    What do you do with your money when you're one of the world's wealthiest individuals? If you're Carlos Slim, you give a lot away.
  10. With the addition of 'Bond King' Bill Gross, Janus is a changed firm. Here's what its fund lineup looks like now.
    Investing Basics

    How Does Janus's Fund Lineup Look Now?

    With the addition of 'Bond King' Bill Gross, Janus is a changed firm. Here's what its fund lineup looks like now.

You May Also Like

Hot Definitions
  1. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  2. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  3. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  4. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  5. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  6. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
Trading Center