According to CNN, billionaire investor Charlie Munger has been affectionately referred to as the "hateful denier" by his close friend and close friend Warren Buffett. This nickname has multiple meanings. Munger is a billionaire investor and vice chairman of Warren Buffett's investment firm Berkshire Hathaway. Warren Buffett's deputy Charlie Munger dies He died Tuesday morning at the age of 99.
Buffett nicknamed Munger because he often checked his passion. Buffett said on Tuesday that the company would not have been able to reach its current position without Munger's inspiration, wisdom and involvement. Munger is best known as Warren Buffett's right-hand man and one of the organizers of the company's legendary annual shareholder meeting. But he's also a unique force. 
Add a comment, no more than 140 words (optional) If someone invested $100 when Munger joined Berkshire Hathaway in 1978, the investment would be worth nearly $400,000 as of Tuesday, far more than the $16,527 investment in the S&P 500 that year, according to Bespoke Investment Group. (At the time, Berkshire Hathaway had no different categories, and in 1977 it was $138 per share.) So, what is Munger's approach to investing?Munger's personality can sometimes seem abrupt and forthright, which is well documented even during his days at Harvard Law School. Michael Brogge points out in Poor Charlie's Almanac: "In reality, Charlie was in a hurry. But his approach to assessing whether a company is worth investing in is a long and exhaustive process. 
Add**Notes, no more than 140 words (optional) Munger goes through a comprehensive screening process to invest on a large-scale, long-term, and selective basis. Based on the book, he looks for easy-to-understand businesses that can thrive in any market environment. He uses a "multiple thinking model" to vet investment candidates, which simply means gathering and analyzing information about the internal and external environments in which these companies operate. 
Add a ** note, no more than 140 words (optional) Once Munger concludes that a business is worth his hard-earned money, he makes massive investments and no longer intervenes, as he puts it, "sit on your ass and invest." "You pay less to the broker, you hear less gibberish, and if it works, the tax system gives you an extra percent every year," Munger said.
One, two percent or three percent. "The approach he took with Warren Buffett has been a huge success. According to Bespoke, Munger has outperformed the S&P 500 in 31 of his 46 years at Berkshire. Some of his decisions don't require such nuanced analysis – Munger has a deep and simple aversion to digital assets. "I hate it at the mention of it, and the more popular it is, the more I hate it," Munger said at the 2018 Daily ** annual conference. "Who would want their children to grow up to buy something like Bitcoin?”