A billion-dollar portfolio can’t negotiate with grief. It can’t rewind a funeral, rewrite a diagnosis, or turn a terrible year into a good one. Money can solve plenty of problems. It can’t solve the ones that matter most.
That was something the late Charlie Munger, the billionaire investor and longtime vice chairman of Berkshire Hathaway (BRK.A), knew firsthand. In his final interview with CNBC’s Becky Quick in November 2023, the 99-year-old was asked about the hardships he had faced in a life that, from the outside, could look almost impossibly fortunate. His answer wasn’t polished into some feel-good philosophy. It was blunt.
