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Charlie Munger's Legacy: A Tribute to His Five Key Insights

March 03, 2026

Charlie Munger, the influential vice chairman of Berkshire Hathaway and renowned business partner of Warren Buffett, passed away on November 28, just shy of his 100th birthday. Munger's wit and profound wisdom were hallmarks of his character, contributing significantly to Berkshire Hathaway's remarkable success, with an annual stock return of 19.8% from 1965 to 2022, surpassing the S&P 500’s 9.9% return.Munger's insights, often shared...

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OPINION

Michał Kalecki and Challenging the Norms of Capitalist Theory

Michał Kalecki, a Polish Marxian economist born in 1899, made substantial contributions to economic theory and policy during the 20th century. Working across prestigious institutions like the London School of Economics, University of Cambridge, and University of Oxford, he also served as an...

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OPINION

The Gospel of Wealth: Harnessing Fortune for the Greater Good

In the late 19th century, amidst the roaring engines of industrialization and the clinking of gold coins, Andrew Carnegie, a titan of industry, penned an essay that would echo through the corridors of wealth for generations to come. Titled "The Gospel of Wealth," Carnegie's words were not just a...

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OPINION

Understanding Socialism

Socialism, a political philosophy encompassing diverse economic and social systems, centers on social ownership of the means of production. The term encompasses various economic, political, and social theories associated with the implementation of such systems. Positioned on the left-wing of the...

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