Additional Host

Acquired

Charlie Munger

There's been a lot of discussion about Berkshire's investments in the Japanese trading houses.

Acquired

Charlie Munger

1960.696

To the style point, another one that they covered was LVMH. What Arnaud has done has been amazing. So what do you make of that company?

Acquired

Charlie Munger

2165.714

So what do you think? So there are categories like C's or like Hermes where brands lead to pricing power.

Acquired

Charlie Munger

2188.723

Why do you think there are extremely well-known brands in other categories, maybe packaged food or something?

Acquired

No, I have to and I do. I'm curious being that since these guys are very tech focused, I'm curious not being a tech person. How did you think about the Apple investment and what gave you the conviction to be so big?

Acquired

Charlie Munger

2694.415

I'm curious, what major companies that haven't been mentioned do you think people would do well to study the virtues of, like studying the virtues of Costco?

Acquired

Charlie Munger

2745.563

The companies that people would do well to study the virtues of.

Acquired

Charlie Munger

2767.092

Forgetting the prospects of the stock, how do you think about the next 10 years for the business? I think it'll do pretty well.

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Charlie Munger

2900.851

And I don't think you're saying there are no opportunities whatsoever. I think you're just saying low expectations and fewer bonanzas.

Acquired

Charlie Munger

2918.015

Well, that's sort of your philosophy on both sides is you've got to be patient for the great opportunities, but you've got to recognize them when they come and pounce.

Acquired

Charlie Munger

3319.793

It's simpler.

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Charlie Munger

3710.21

What do you think about the predictability? There were a number of companies back when you started where you could have said this business will be the same in 10 years. Do you think that number is the same today or do you think it's much harder?

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Charlie Munger

3751.109

What companies can you see today where you can confidently say, Berkshire aside, Costco aside, you can confidently say the business will be as good as it is today in 10 years?

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Charlie Munger

3840.562

Charlie, a lot of people are going to benefit a lot from hearing this and your wisdom, and they're going to learn so much.

Acquired

Charlie Munger

410.475

What do you think about the algorithms, like Renaissance and stuff like that?

Brooke and Jeffrey: Second Date Update

Closure Call: Case of the Missing Roommate

1240.615

So it sounds like Roy's not coming to Adamsburg.

Brooke and Jeffrey: Second Date Update

Closure Call: Case of the Missing Roommate

1257.506

That's a good statement.

Brooke and Jeffrey: Second Date Update

Closure Call: Case of the Missing Roommate

1262.268

There's no apology in there, but you know.

Brooke and Jeffrey: Second Date Update

Closure Call: Case of the Missing Roommate

1370.5

Hopefully none of them listen to this. Hopefully they do. It's a warning.

Brooke and Jeffrey: Second Date Update

Closure Call: Case of the Missing Roommate

262.883

Yes, I saw one from so original. Yes, that many O's, okay? Yes. Who said, my favorite moments are when Jeffrey's genuine laugh sneaks out. It's hilariously adorable. Yeah.

Brooke and Jeffrey: Second Date Update

Closure Call: Case of the Missing Roommate

276.271

Because off air, Jeff laughs so much. And I was like, he's one of those people that makes me feel really good about myself because he laughs at everything you say.