Charlie Munger is an American billionaire investor, businessman, and former real estate attorney.
He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his closest partner and right-hand man.
In the time of his and Warren Buffett’s reign as the leaders of Berkshire, the company has returned roughly 2,000,000% on its initial value.
This was accomplished in the adult lifetime of two men, simply by investing the capital of the company in an increasing number of prosperous enterprises and without dangerous amounts of borrowing.
In this video, Munger talks about the best business investment deal he has in his life. He says he gained valuable experience from the deal.
Source: Finance Jane.
