Charlie Munger's mental models

Back in November, Charlie Munger, the legendary vice chairman of ​Berkshire Hathaway​ (​Warren Buffet's investing powerhouse​), passed away at the age of 99, leaving a profound impact on the investing world, and not only that!

Indeed, Munger dedicated his life to the discovery, development, and interiorization of a bunch of ​heuristics (thinking tools)​, which he used throughout his life to make decisions in business, along the way.

​Munger's mental model toolbox is part of our mental model explorers.​

Munger's impact on Buffett's investment approach was significant, and their collaboration played a crucial role in the success of Berkshire Hathaway.

Despite Munger's preference to stay in the background and let Buffett be the face of Berkshire, his wisdom and participation were instrumental in building the company into an investment powerhouse.