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. Berkshire Hathaway

    A holding company for a multitude of businesses run by Chairman ...
  4. Warren Buffett

    Known as "the Oracle of Omaha", Buffett is Chairman of Berkshire ...
  5. Oracle Of Omaha

    A nickname for Warren Buffett, who is arguably one of the greatest ...
  6. Value Investing

    The strategy of selecting stocks that trade for less than their ...
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. Professionals

    Understanding Interpersonal Skills

    Interpersonal skills are the social skills people use to interact effectively with other people. A lack of good interpersonal skills may lead to unsuccessful personal relationships, as well as ...
  6. Investing News

    The 5 Wealthiest People in Mexico

    Most people in the know have heard of Carlos Slim and his massive fortune. But what about Mexico's other richest people?
  7. Trading Strategies

    5 Ways To Adapt To Tough Markets

    Tough markets undermine profitability and lower self-confidence. Fight back with five simple but powerful rules of engagement.
  8. Professionals

    How Mukesh Ambani Has Expanded Reliance Industry

    Mukesh Ambani has expanded Reliance Industries and increased its revenues, but his public image, and that of his company, have not fared as well.
  9. Professionals

    Who Counts as an Entrepreneur?

    An entrepreneur is a person who starts a new business or organization, taking some personal financial risk to do so. He or she may quit a secure job to devote time to starting the new business, ...
  10. Trading Strategies

    What are the due diligence basics for investing in a startup?

    Learn about due diligence basics for investing in a startup, which includes an exit plan, a harvest strategy and evaluating whether the venture is promising.

You May Also Like

Hot Definitions
  1. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  2. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  3. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  4. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  5. Break-Even Analysis

    An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. Break-even ...
  6. Key Performance Indicators - KPI

    A set of quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their ...
Trading Center