Managed profile Not claimed by Charlie Munger

Charlie Munger has not joined FLAPSS and has not endorsed it. This page is a reference record assembled from published interviews and public remarks. Every answer below is a direct quotation with the source and date shown next to it.

Charlie Munger

Vice chairman of Berkshire Hathaway, 1978–2023

United States · b. 1924

Was vice chairman of Berkshire Hathaway from 1978 until his death in 2023, and chairman of Wesco Financial and the Daily Journal Corporation. Trained as a lawyer at Harvard Law School and practised in Los Angeles before moving into investment.

4 answers 0 followers reference

What are you unwilling to optimise?

The highest form that civilization can reach is a seamless web of deserved trust. Not much procedure, just totally reliable people correctly trusting one another. That's the way an operating room works at the Mayo Clinic. If a bunch of lawyers were to introduce a lot of process, the patients would all die. So never forget, when you're a lawyer, that you may be rewarded for selling this stuff, but you don't have to buy it. In your own life, what you want is a seamless web of deserved trust. And if your proposed marriage contract has forty-seven pages, my suggestion is you not enter.

Recorded USC Gould School of Law commencement, Speakola, 2007 source

permalink

Every quotation above is reproduced from the source shown beside it and has not been edited. Charlie Munger did not write these answers for FLAPSS. Request a correction or removal.