I'm excited to share this previously unreleased 2022 conversation between Charlie Munger and Todd Combs.
As with any Munger talk, the subjects are both deep and wide. You'll learn how Munger recognized people worth betting on, chose problems worth solving, and turned a long attention span into an unfair advantage.
A special thank you to the Singleton Foundation, Todd Combs, and William Thorndike for giving me the permission to share this with you. You can find a link to the full transcript here.
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Chapters:
(00:00) The Unreleased Charlie Munger Recording
(01:14) The Exceptional Mind of Henry Singleton
(03:51) Why Munger Ignored Singleton's Dying Wish
(04:51) The Wooden Lesson Most Managers Never Learn
(06:30) The Career Path Munger Almost Took
(10:43) The Childhood Memory That Shaped Munger's Worldview
(16:00) The Strange Place Munger Looked for Inspiration
(22:31) The Best Number of Investments to Make
(30:20) What Great Investing Actually Costs You
(35:16) The Index Fund Risk Nobody Talks About
(37:00) The Lucky Break Behind Rockefeller's Empire
(42:26) The Book Every MBA Should Read
(44:57) The Odds of a Major Calamity
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