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Acquired

Charlie Munger

29 Oct 2023

Transcription

Full Episode

0.532 - 10.437 David Rosenthal

Ben, when we teased this episode in the email about the Jensen episode that we just released, the guesses that we were getting from folks were amazing.

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10.457 - 14.478 Ben Gilbert

I mean, people were like, it's Charlie, it's Warren, or it's Taylor Swift. And a lot of people were right.

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14.819 - 18.24 David Rosenthal

Hey, Taylor, you know where to find us, acquiredfm at gmail.com.

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18.5 - 24.683 Ben Gilbert

If you are looking to get more publicity, we're open. Have Travis get in touch. All right, let's do it.

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28.283 - 40.326 Music Interlude

Is it you? Is it you? Is it you? Who got the truth now? Is it you? Is it you? Is it you? Sit me down. Say it straight. Another story on the way.

42.048 - 63.26 Ben Gilbert

Welcome to this episode of Acquired, the podcast about great technology companies and the stories and playbooks behind them. I'm Ben Gilbert. I'm David Rosenthal. And we are your hosts. This episode is a very unique one for David and I. Good friend of the show, Andrew Marks, organized a little dinner for us with Charlie Munger and a few other folks at Charlie's home in Los Angeles.

63.7 - 81.407 Ben Gilbert

You can hear Andrew a few times in the background asking Charlie questions. We are pretty sure that this is the only podcast that Charlie has ever done. Charlie, aside from being one of the most prolific investors of all time alongside his partner Warren Buffett, is 99 years old. He will turn 100 on January 1st.

81.967 - 98.694 Ben Gilbert

Of course, our conversation was interesting because he's freaking Charlie Munger, but also because it was interesting to get the perspective of someone who has seen the last 99 years of human history. We talked with Charlie, of course, about Costco, his history investing in retailers over the last 50 years.

99.055 - 112.503 Ben Gilbert

We also got to hear his views on what it takes to build a great partnership, what's gone wrong in the global securities markets these days, the concept of investing versus gambling, and where investment opportunities remain in the world today.

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