Archive
The most influential public addresses — each a masterclass in multidisciplinary thinking. Watch them, read the transcripts, and return to them often.
University of Southern California
Munger's most beloved and accessible speech. A complete philosophy for living well — covering the golden rule, continuous learning, mental models, inversion, and the 'seamless web of deserved trust.' Often called the wisest graduation speech ever given.
Harvard University
Munger's magnum opus — a catalog of 25 standard causes of human misjudgment. Covers incentive-caused bias, social proof, the lollapalooza effect, and more. He extensively revised it in 2005 for Poor Charlie's Almanack. The foundation of behavioral finance before the field had a name.
USC Marshall Business School
The foundational speech on mental models and the latticework of theory. Munger argues that 80-90 important models from multiple disciplines will carry 90% of the freight in making you a worldly-wise person. His framework for how to think.
UC Santa Barbara
A critique of academic economics and its failure to integrate psychology. Munger argues that economics would be far more useful if it incorporated behavioral insights and multidisciplinary thinking.
Harvard School (now Harvard-Westlake)
Using inversion, Munger prescribes a recipe for a miserable life: be unreliable, learn only from your own experience, go down and stay down after setbacks, and ignore the wisdom of others. A darkly funny and deeply practical speech.
Herb Kay Undergraduate Lecture, UC Santa Barbara
A brilliant thought experiment where Munger builds Coca-Cola from scratch using only elementary mental models — combining psychology, economics, and business strategy to show how first-principles thinking can create a $2 trillion enterprise.
Berkshire Hathaway 50th Anniversary
Munger's 50th anniversary essay on how Berkshire Hathaway works — the management philosophy, capital allocation principles, and cultural characteristics that made Berkshire one of the most successful companies in history.
California Institute of Technology
One of Munger's most incisive, cutting talks. Covered economics, psychology, and decision-making with the intellectual rigor of a scientist and the practical wisdom of a veteran investor.
Daily Journal Corporation
Munger at 97, holding court for hours. Covered China, SPACs, Robinhood, Bitcoin, and the state of investing. A masterclass in late-career wisdom from one of the sharpest minds in finance.
Daily Journal Corporation
Recorded just before the pandemic transformed the world. Munger shared views on Costco, Berkshire's future, the folly of modern finance, and his enduring optimism about American business.
Daily Journal Corporation
A wide-ranging Q&A session covering Wells Fargo, Chinese investments, cryptocurrency criticism, and the importance of reading. Vintage Munger — blunt, funny, and deeply insightful.