Charlie Munger

Charlie Munger is a finance and investing legend. He was born in 1924 in Omaha, Nebraska. He is the Vice-Chairman of Berkshire Hathaway and has been a major force in that company's success. Munger is also a noted philanthropist. He has an estimated net worth of $2.3 billion. Charlie Munger's investment portfolio showcases a strategic focus on the banking sector, with significant positions in Wells Fargo & Co. and Bank of America Corp., holding 45.0% and 40.5% of his total investments, respectively. These stocks indicate Munger's preference for established financial institutions, suggesting a conservative approach to value investing. Additionally, Alibaba Group Holding Ltd - ADR represents a substantial part of his portfolio at 11.5%, signaling Munger's calculated entry into the Chinese e-commerce market. U.S. Bancorp accounts for 3.0%, reflecting another solid bet on the banking industry's stability and growth potential. Lastly, POSCO Holdings Inc - ADR, although it holds a 0.0% share, is included, illustrating a diversification attempt into the global steel production sector. This assortment of stocks within Charlie Munger's portfolio offers insights into his investment philosophy, prioritizing strong market players in banking and expanding into international and industrial markets for diversified growth opportunities.