Charlie Munger
40 statements across 15 episodes · 16 bullish · 4 bearish · 10 people on the record · first statement Sep 18, 2015 by Sanjay Bakshi · said 317 times in 61 episodes since 2015 · across every show →
On the record as a speaker too: Charlie Munger's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Shane Parrish (138), Christopher Davis (37), Sanjay Bakshi (29), Tom Gaynor (23), Derek Sivers (11), Morgan Housel (8), Brent Beshore (7), Charlie Hoehn (6)
tap a year for its mentions
2026 13 mentions in 5 episodes 3 per episode
- The Multidisciplinary Approach to Thinking | Peter D. Kaufman [Outliers]
- Morgan Housel: Wealth is What You Have Minus What You Want
- John D. Rockefeller: The Principles Behind The Greatest Fortune in History
- The $2 Trillion Mind | Nicolai Tangen
- How to Build Good Habits & Break Bad Ones | James Clear
- every mention in 2026, scene by scene →
2025 60 mentions in 22 episodes 3 per episode
- Ryan Petersen: Building Flexport
- Les Schwab: Why Real Ownership Outperforms Experience, Capital, and Credentials [Outliers]
- Henry Singleton: The Greatest Capital Allocator in History [Outliers]
- Andrew Mellon: America’s Secret Banker [Outliers]
- How to Think Like a World-Class Marketer | Rory Sutherland
- Jim Clayton: Turning Competitors’ Mistakes Into $1.7B [Outliers]
- Fred Smith: The Story of FedEx [Outliers]
- Y Combinator CEO Garry Tan: Turning Ambitious Misfits into Founders
- 14 more episodes that year, every mention in 2025 →
2024 120 mentions in 7 episodes 17 per episode
- Chris Davis: Three Generations of Wealth
- Tom Gayner: Invest Like The Best
- Charlie Hoehn: Write Something People Want to Read
- Brent Beshore: Business Brilliance and Happiness at Home
- Adam Karr: The Investing Blueprint
- John Bragg: The Blueberry Billionaire
- Morgan Housel: Get Rich, Stay Rich
- every mention in 2024, scene by scene →
2023 16 mentions in 3 episodes 5 per episode
2022 9 mentions in 3 episodes 3 per episode
2021 14 mentions in 2 episodes 7 per episode
2020 15 mentions in 4 episodes 4 per episode
2019 14 mentions in 5 episodes 3 per episode
2018 5 mentions in 3 episodes 2 per episode
2017 10 mentions in 3 episodes 3 per episode
2016 5 mentions in 2 episodes 3 per episode
2015 36 mentions in 2 episodes 18 per episode
Everything said about Charlie Munger, oldest first
Sep 18, 2015
Bakshi: Opportunity Costs Dictate Shutting Down Underperforming Businesses Earlier Than Expected
“Ah, but if you study Charlie, and if you study Warren Buffett's life, you'll find out that actually you should shut it down well before when it makes sense for you to shut it down, because you have to think about opportunity costs.”
Sep 18, 2015 positive
Sep 18, 2015
Bakshi: Short-Term Redemption Risk Prevents Funds From Replicating Berkshire's Strategy
“When you're running a fund when you have investors who can pull the money out at a short notice, You probably cannot think on those lines, and which is something which Buffett and Charlie are familiar with, and they don't have their structural disadvantages. S…”
Oct 19, 2015 bearish
Charlie Munger told Zweig he fears the loss of media oligopolies
“Charlie Munger told me last year when I was at the Daily Journal meeting in Los Angeles that he really fears for the future of the Republic, as he puts it that newspapers like the Wall Street Journal and the New York Times no longer have the, I guess I would s…”
Mar 30, 2016 neutral
Oct 24, 2016 positive
May 2, 2018 positive
Collison: Berkshire Hathaway and Koch Industries prioritize applied epistemology and structured doubt
“It's very striking to me how Warren and Charlie at Berkshire and how the folks at Koch Industries are so into a kind of epistemology and structuring of doubt and accounting for biases and mechanisms for clarity of thinking like to a very striking degree.”
Mar 9, 2021 neutral
Kaufman: Charlie Munger's mental models targeted investors, not business operators
“The things that he's done, and it was fascinating and illuminating, and it was focused on investors, so people who are making capital allocation decisions. And at this point, I think I was a year out of college, and frankly, I didn't have a whole lot of capita…”
Nov 28, 2023 positive
Buffett and Munger succeed by consistently operating from a position of strength
“One thing that I think is very underappreciated about them is that they never find themselves out of position. They're always operating from a position of plenty or a position of strength. So no matter what happens in the environment, they can always take adva…”
Jan 23, 2024 positive
Jan 23, 2024 positive
Gaynor: Charlie Munger was deeply social despite his iconoclastic reputation
“Despite the legendary iconoclastic nature of Munger, believe me, the man liked Munger. People. He liked being with people. He liked eating and drinking and laughing and telling stories and telling jokes. So he drew sustenance from his fellow human being, just …”
Mar 5, 2024 positive
Mar 5, 2024 neutral
Mar 5, 2024 neutral
Mar 5, 2024 negative
Charlie Munger warned that forcing children to live below parents causes resentment
“It was Charlie who told me, and I had never thought of it this way, he said, you get into a lot of trouble when you want your kids to live a different lifestyle than you're living. When you're getting a chauffeur to drive you to work, and you're telling your 1…”
Mar 5, 2024 positive
Feb 25, 2025
Mar 25, 2025 positive
Charlie Munger attributed Berkshire's success to rarely being forced into bad decisions
“At dinner one night, I was talking with Charlie Munger, and I asked him for the unconventional sort of things that people don't appreciate as much about Berkshire Hathaway's success as he might think that they should. And one of the things that he mentioned to…”
Jul 8, 2025 negative
Munger: Imposing artificial hardship on affluent kids only breeds resentment
“One of the only pieces of advice Charlie Munger gave me about parenting over dinner once was the parents that try to artificially impose a different lifestyle on their kids than they are living. And he gave an extreme example of a guy getting, like, chauffeure…”
Jul 15, 2025 positive
Nov 18, 2025 positive
Nov 18, 2025
Parrish: Pavlov found any dog breaks under stress with zero exceptions
“One, he could predict which dogs would break down easily, and which would be harder to break. Two, the dogs that were hardest to break were also the hardest to fix afterward. Three, any dog could be broken with enough stress. There were no exceptions. Four, he…”
Nov 18, 2025 positive
Nov 18, 2025
Parrish: Co-Pilots in Simulations Fail to Override Fatal Captain Errors
“Co-pilots get simulator training specifically teaching them to ignore foolish orders from boss pilots. From the captain. But even after this training, co-pilots in simulators will still allow the plane to crash because of some obvious error created by the chie…”
Nov 18, 2025 neutral
Parrish: Raising Prices on Ordinary Products Frequently Drives Up Sales
“Knowing this, some seller of an ordinary industrial product will often change his product's trade dress and raise its price significantly, hoping the quality-seeking buyers will be tricked into becoming purchasers by mere association of his product and its hig…”
Nov 18, 2025 positive
Parrish: Delaying Intuition Across Separate Dimensions Produces Better Decisions
“When I talked to Daniel Kahneman about this, he said, you delay intuition by focusing on the separate problems. Take the separate dimensions and really think about each dimension separately and independently. Don't allow people to give the final judgment. Say,…”
Nov 18, 2025 neutral
Nov 18, 2025
Parrish: Inability to Find Any Virtue in Disliked Entities Proves Cognitive Bias
“The antidote here is to force yourself to see the virtues, even in what you dislike. Ask yourself, what is this person, company, idea doing well? If you genuinely can't think of a single thing, that's the hating tendency at work.”
Nov 18, 2025
Parrish: Near-misses trigger the same psychological pain as losing long-held possessions
“This is the pain of losing something is much higher than the pleasure of gaining the same thing. Losing 10 dollars hurts more than gaining 10 dollars feels good, and if you almost get something you want and it's jerked away from you at the last moment, you rea…”
Nov 18, 2025
Nov 18, 2025
Nov 18, 2025 positive
Parrish: Compounding psychological tendencies drive major corporate and historical outcomes
“In real life, Psychological tendencies rarely operate alone. They consistently combine and reinforce one another, creating effects larger and more unpredictable than the sum of the parts. That's what changes history. That's what builds and destroys companies.”
Nov 18, 2025
Munger: Pavlov's flood-trapped dogs showed total reversal of conditioned personality
“Here my favorite example is, is, is the great Pavlov, and he had all these dogs in cages, which had all been conditioned into changed behaviors, and the great Leningrad flood came, and it just went right up, and the dog's in a cage, and the dog had as much str…”
Nov 18, 2025 positive
Parrish: Emotional detachment from envy provides investors a massive advantage
“Munger and Buffett's advantage was that they genuinely didn't seem to experience envy. When asked about missing opportunities, they'd shrug and move on. When competitors succeeded, they'd analyze what happened objectively. This emotional detachment is a massiv…”
Nov 18, 2025 neutral
Munger: Organizations must isolate decision-making from people with say-something syndrome
“And it's a very important part of human organization to set things up so the noise and the reciprocation and so forth, of all these people who have what I call say-something syndrome, don't really affect the decisions.”
Nov 18, 2025
Munger: Family Friend Exhibited Extreme Denial Over Lost Naval Aviator Son
“This first really hit me between the eyes when a friend of our family had a Super athlete, super student son who flew off a carrier in the North Atlantic and never came back. And his mother, who had, was a very sane woman, just never believed that he was dead.”
Nov 18, 2025 negative
Parrish: Authority Misinfluence Protects Incompetent CEOs from Removal
“Munger's observation is that undue respect for authority is so strong that terrible CEOs remain in control of important institutions long after it's obvious they should be removed. Authority misinfluence tendency protects them.”
Nov 18, 2025 neutral
Charlie Munger: People Consistently Underestimate the Power of Incentives
“Well, I think I've been in the top five percent of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it. And Never a year passes, but what I get some surprise that pushes my limit a little farther.”
Nov 18, 2025
Jul 28, 2026 positive
Munger: Parents Cannot Raise Kids With Middle-Class Values While Living Lavishly
“He said you basically have to live the life that you want your kids to live, and so if you want your kids to grow up with a middle-class life, you can't live in a mansion and then force a middle-class life on them. You can't be chauffeured to work while you're…”