Charlie Munger’s story of the American dream didn’t start in the luxurious offices of high-rises; it began in the heart of Nebraska during the Great Depression. Born on 1 January, 1924 in Omaha, Nebraska; he lived for an astonishing 99 years before passing away on 28 November, 2023. Munger’s early life was not easy by any means. He worked odd jobs, joined the military during World War II, and eventually found his way to law school at Harvard. It was during his time at Harvard that Munger’s intellectual curiosity began to shine. He devoured books across disciplines, developing a multidisciplinary approach that would later become a hallmark of his investment philosophy.Charlie Thomas Munger lived a full life which reflects in his investing principles, and his inspiring way of life. Lesson 1: The Power of Diversification One of Munger’s fundamental lessons in investing is the power of diversification. In simple terms,…
