Charlie Munger is an American investor, businessman and philanthropist.
Opportunity comes, but it doesn\'t come often, so seize it when it does come..
What you have to learn is to fold early when the odds are against you, or if you have a big edge, back it heavily because you don\'t get a big edge often.
In college and the Army he developed an important skill: card playing.
At Harvard he was a member of the Harvard Legal Aid Bureau. in 1948.
Through the GI Bill he took a number of advanced courses through several universities; without an undergraduate degree, he entered Harvard Law School and graduated magna cum laude with a J.
D.
He continued his studies in meteorology at Caltech in Pasadena, California, the town he was to make his home.
Army Air Corps, where he became Second Lieutenant.
In early 1943, a few days after his 19th birthday, he dropped out of college to serve in the U.
S.
After enrolling in the University of Michigan, where he studied mathematics, he never returned to Omaha except to visit.
As a teenager he worked at Buffett & Son, a grocery store owned by Warren Buffett\'s grandfather.
Munger was born in Omaha, Nebraska.
He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
Munger served as chairman of Wesco Financial Corporation from 1984 through 2011.
He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett
Buffett has described Munger as his partner.
Charlie Munger is an American investor, businessman and philanthropist