Interviews & Speeches
In-depth conversations and speeches from investment masters.
What Do We Mean By Reinvestment?
Chuck Akre's essay on the critical role of reinvestment in achieving extraordinary compounding returns
Compounding with the Spawners
Mohnish Pabrai's analysis of companies that continuously spawn new businesses and generate 10-100x returns
End of Mean Reversion?
John Huber's analysis of why great companies seem to defy the laws of gravity when it comes to returns on capital
The Importance of ROIC
John Huber's comprehensive series on Return on Invested Capital and its role in identifying durable competitive advantages
Remembering My Teacher Charlie Munger
Li Lu's memorial essay on Charlie Munger following his passing in November 2023
Measuring the Moat: Assessing the Magnitude and Sustainability of Value Creation
Michael Mauboussin's systematic framework for determining the size and sustainability of a company's economic moat
Charlie Munger on Acquired Podcast
Charlie Munger's only long-form podcast interview, covering Berkshire partnership, Costco, investment vs gambling, and where opportunities remain.
Charlie Munger at Caltech (2020)
Charlie Munger's Caltech talk on career choices, dealing with change, and technology investing lessons from his early failure with William Miller Instruments.
A Conversation with Charlie Munger (2023)
Charlie Munger's final major interview with John Collison, covering multidisciplinary thinking, investment philosophy, and life wisdom
Why America Should Ban Crypto
Charlie Munger's 2023 WSJ op-ed arguing for a federal ban on cryptocurrencies as gambling contracts with near-100% house edge.
Charlie Munger at Daily Journal Annual Meeting (2013)
Munger's detailed notes from the 2013 Daily Journal Corp annual meeting, covering newspaper industry disruption, public notice business, and the importance of journalistic integrity.
Charlie Munger at Michigan Ross (2017)
Charlie Munger's conversation at University of Michigan Ross School of Business on mental models, multidisciplinary thinking, and the value of legal training.