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Charlie Munger Pockets $70,000 a Year From a $1,000 Investment He Made in 1962 – And Has Likely Rake
by YourTech Story YourTechStory is all about stories of products, teIn a remarkable display of the power of long-term investing, Charlie Munger, the esteemed business partner of Warren Buffett, has been cashing in on a $1,000 investment he made over six decades ago.
During Berkshire Hathaway’s annual shareholder meeting, Munger disclosed the details of his lucrative oil royalty investment, which now nets him a cool $70,000 yearly, possibly accumulating to over $1 million in total earnings.
Read more: https://www.yourtechstory.com/2023/09/07/charlie-munger-pockets-70000-a-year-from-a-1000-investment-he-made-in-1962/
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YourTechStory is all about stories of products, te
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Created on Sep 7th 2023 01:19. Viewed 70 times.
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