How Munger explained Indian investors’ choices

03 Dec, 20231 min read
How Munger explained Indian investors’ choices

Last week in a nutshell

👴Charlie Munger, investing genius & Buffett’s right-hand man, dies at age 99.

📉Byju's valuation fell by ~633% in one year.

🇮🇳 India's stock market surpasses GDP, signalling strong investor faith in the economy.

📈Pakistan’s stock market rose by 46% (past 5 months) due to the IMF deal & agreements with Saudi and UAE.

 The big story: Charlie Munger passes away at 99

In the realm of investing and wisdom, Charlie Munger stood as a towering figure, a beacon of intellectual brilliance and practical insights. His passing leaves a void in the world of finance, a void that will be difficult to fill. 

His net worth is estimated at $2.4-2.9 bn, built with an illustrious career spanning over 70 years with investments that doubled in value every ~3.5 years. His stake in Berkshire Hathaway surpassed $1.5 billion at the time of his death. 

More than just an investor

He was a philosopher, a teacher, and a sage. His wisdom extended beyond the realm of finance. He was a keen observer of human nature. In 1995, he delivered a famous speech titled "The Psychology of Human Misjudgment" discussing the standard biases that can lead to human misjudgment. 

Charlie Munger passes away at 99

Our expert opinion

While Charlie Munger’s loss will be greatly felt, timeless as they are in nature, his teachings will continue to stay with us forever. Charlie’s beautiful way of dealing with complex issues with simplicity and absolute clarity of thought has been passed down by him to several talented people who have chosen to continue walking upon his path. We will certainly miss you Charlie!  

disclaimer: the information provided in this blog is for general informational purposes only. it should not be considered as personalised investment advice. each investor should do their due diligence before making any decision that may impact their financial situation and should have an investment strategy that reflects their risk profile and goals. the examples provided are for illustrative purposes. past performance does not guarantee future results. data shared from third parties is obtained from what are considered reliable sources; however, it cannot be guaranteed. any articles, daily news, analysis, and/or other information contained in the blog should not be relied upon for investment purposes. the content provided is neither an offer to sell nor purchase any security. opinions, news, research, analysis, prices, or other information contained on our blog services, or emailed to you, are provided as general market commentary. stack does not warrant that the information is accurate, reliable or complete. any third-party information provided does not reflect the views of stack. stack shall not be liable for any losses arising directly or indirectly from misuse of information. each decision as to whether a self-directed investment is appropriate or proper is an independent decision by the reader. all investing is subject to risk, including the possible loss of the money invested.

it’s time to grow your wealth

3 users1+ Lac investors are growing their wealth with Stack.
stack mb