Charlie Munger was worth about $2.6 billion when he said this on camera: “I basically screwed up.”
He was 99. The CNBC host asked what he would do differently.
His answer: “I might have had multiple trillions instead of multiple billions.”
He said he’d have started earlier and compounded longer. “I know I would be the richest man on Earth.”
Then he pointed at the house they were sitting in. He’d lived there for 70 years. Buffett, about 60 in his.
They watched rich friends build fancy mansions. In practically every case, Munger said, it made them less happy, not happier.
Billions in the bank, a basic house, and still thinking he started too late.
What’s the one thing you wish you’d started earlier?
PI DAY IS AN AMERICAN MARKETING STUNT AND MATHEMATICIANS HATE IT
3/14 only works because Americans write month before day. The entire rest of the planet writes 14/3. That’s not pi. That’s nothing.
Meanwhile July 22nd exists. 22/7. One of the most famous fractions in all of mathematics. An approximation of pi that humans have used for thousands of years.
22/7 = 3.14285...
π = 3.14159...
It’s accurate to two decimal places. It works in every date format. And it has actual mathematical meaning behind it.
March 14 is just a coincidence in one country’s date system.
So why does 22/7 get ignored every single year?
Charlie Munger called BYD’s move into cars “a really dumb idea.” Berkshire’s $232 million bet on that company later grew into billions.
Munger had already let Li Lu put some of his own money into this “little nothing company.”
Then Wang Chuanfu wanted to buy a bankrupt auto plant in China and start making cars.
Munger’s reaction: “God, this is horrible news.” Who beats Toyota and Mercedes from zero?
He tried to talk him out of it. Wang paid no attention. He charged into it.
Years later Munger was talking about 2 million cars a year at “mouthwatering, delicious profits.”
BYD went on to outsell Tesla in electric cars.
“That’s what geniuses do. They don’t listen.”
Would you have listened to Charlie Munger?
SHE CAME TO FEED THE ANIMALS
But every man in that barn stopped breathing
White corset. Blue skirt. Bonnet like a fairytale.
And a neckline that wasn’t made for farming
She leaned over the fence
The horse ate from her hand
But nobody was watching the horse
The fabric slipped just enough
She didn’t fix it
Just smiled and kept feeding
Golden hair. Sunlight on her skin.
A farm girl outfit that belonged in a bedroom
Not a barn full of strangers
Even the animals knew
She wasn’t there for them
February 28, 2006. Anna Nicole Smith walked into the US Supreme Court to fight for a share of a $1.6 billion oil fortune.
She had married J. Howard Marshall when she was 26 and he was 89. He died 13 months later and left her nothing in his will.
Dozens of cameras followed her up the steps.
Two months later the justices ruled for her, 9 to 0.
She never got to use the win. She died in February 2007 at 39.
Her estate went back to the same court in 2011. This time it lost, 5 to 4.
Two Supreme Court cases. Not one dollar from his estate.
Did she deserve a cut of his fortune?
THIS IS THE WORLD RECORD NOBODY TALKS ABOUT
Forget speedrunning. Forget Rubik’s cubes. The real competition in math is building shapes with the most holes.
A polyhedron made entirely of regular polygon faces. No cheating. No curved surfaces. Just triangles, squares, pentagons locked together. With 291 tunnels running through it.
The shape is called “Squilliams.” It broke a record that has been traded back and forth between obsessed geometers since the 1970s.
The previous record was 87. Someone nearly tripled it. And mathematically there could be shapes with thousands of holes. Nobody has found the ceiling.
How is this not the most addictive math competition on earth?
Warren Buffett has lived in the same $31,500 house since 1958. Then a shareholder asked him: real estate or stocks?
His answer at the 2025 Berkshire meeting: there’s just so much more opportunity in stocks.
A stock trade is done in seconds. In real estate, he said, signing the deal is just the beginning. Then the negotiating starts again.
Even Charlie Munger’s real estate deals were, in Buffett’s words, little more than a hobby.
The numbers back him up. Since 1988, US home prices are up 374%.
The S&P 500 with dividends is up over 5,000%.
$10,000 in a house became about $47,000. In the index, about $510,000.
Your house or your portfolio, which one is really making you rich?
SHE WAS JUST CHECKING HIS BLOOD PRESSURE
But his hand wasn’t on the monitor
It was on her thigh
And she didn’t move it
The nurse smiled
Leaned closer
Whispered something only he could hear
His heart rate spiked
But not because of the test
The machine beeped louder
She bit her lip
And said “we might need a second reading”
He’s 78
She’s 23
And that room had no cameras
HE WASN'T LOOKING FOR HIS CAR
She was leaning on his Audi
Denim skirt riding up just enough
Braids with colorful clips like she planned every detail
He walked up from behind
Hands in his pockets
Eyes going where they shouldn't
She felt him before she saw him
Crossed her legs slower than she needed to
And smiled like she already knew
He stopped. She didn't move.
The skirt shifted again
And suddenly the parking lot felt smaller
Underground. No cameras. No witnesses.
Just her laugh bouncing off the concrete
And a boy who forgot his own name
Warren Buffett ran Berkshire Hathaway for 60 years. $1,000 invested the day he took control would have grown to about $55 million.
The same $1,000 in the S&P 500 grew to about $390,000.
19.9% a year for six decades, almost double the market.
He was asked how he feels looking back.
“Everything I wanted to have happened has worked out.”
Then he corrected himself. Not everything he did worked. But he couldn’t imagine more fun than he had running Berkshire.
One of the greatest track records ever, built by a man who called it fun.
Would you rather be rich or love what you do for 60 years?