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Charlie Munger’s Life Advice: Let Go of Things That Don’t Matter | Final Interview with CNBC 2023

YAPSS3:08

Transcription

I think another thing you've said is whatever you are, um, wealth and age will make you more so. Yeah, sure. You've given away a lot of your money. Yeah, but not not like Warren. More than half the Munger money has already been passed to the descendants. So I, I, I made exactly the opposite. It was a smaller amount of money, but I made exactly the opposite decision for the majority of our money. The majority of his money he gave away. Now, he didn't exactly give it away, goes to public foundations to go on for another hundred years. That's not exactly giving it. It's not not exactly like wasting it. It's having some significant.

Is there anything left on your bucket list? Anything you'd like to do? Well, that's an interesting question. I am so old and weak compared to what I was when I was 96 that I no longer want to catch a 200lb tuna. It's just too goddamn much work to get it in. Takes too much physical strength. So I don't. I would have paid any amount to catch a 200lb tuna when I was younger and never caught one. And now, given the opportunity, I would just decline going. I won't even go out after them. There are things you give up with time.

You're pretty active. You've got a busy social schedule. You're on Zoom. You have breakfasts and lunch. Well, I just like it that way. Yeah, that's my idea of a proper old age for me. And I didn't plan it. It just happened. And and when it happened, I welcomed it. I, I am very good at recognizing unfair advantages. I got unfair advantages in old age the way I got unfair advantages in non-old age. And when they came, I just grabbed them. Boom. Boom. Boom. The one grab I never made was for a third wife. Too late. Why? It's It's a too late.

There are people for whom it's a necessity, necessity. They're more they're so much more comfortable in marriage than they are outside it that they really need it to be human. It's just the way the way they're put together. And for such people, I recommend the 100-year-old dating app, but you'll find that if you put it in that, not many 100-year-olds want it. They're just lying there.