Ep. 38: Charlie Munger’s Timeless Investing Principles (Part 1)

03/10/2025 33 min Temporada 2 Episodio 38
Ep. 38: Charlie Munger’s Timeless Investing Principles (Part 1)

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Episode Synopsis

In this first part of our conversation, Matt DiMauro and Will Diesel discuss key investing principles inspired by Charlie Munger, focusing on allocation, patience, and decisiveness. They explore how emotional intelligence shapes investment decisions and the importance of being prepared when opportunities arise. The discussion also highlights the need for personal responsibility in financial management and the value of continuous learning and self-improvement.Whether you’re a seasoned investor or just starting your financial journey, Part 1 offers timeless lessons you can apply beyond the markets. From the power of patience and opportunity costs to the discipline of avoiding big mistakes, Matt and Will share practical insights that lay the foundation for smarter investing and better decision-making in life.0:00 - Introduction & Personal Check-in  5:08 - Investing Principles of Charlie Munger  6:00 - Allocation & Emotional Attachment  12:00 - Diversification vs. Concentration  14:00 - Dollar-Cost Averaging & Peace of Mind  16:00 - Responsibility & Not Abdicating Finances  20:00 - Time Allocation & Self-Education  22:00 - Ray Dalio’s Rule & Compounding  24:38 - Decisiveness in Investment Opportunities  30:00 - Nomad Fund Example & Concentrated Bets  32:00 - Independence, Trusting Your Work & Closing  33:00 - Quote of the Day & Sign-off Follow us on Apple Podcasts, Spotify, YouTube, iHeartRadio, or wherever you listen to your favorite shows. New EpisodesEvery Wednesday and Friday. Follow UsInstagram & TikTok: @silentsvcpod Hosted byMatt DiMauro & Will Diesel Support the ShowIf you enjoyed this episode, share it with a friend! We donate 100% of proceeds to charity.Got a cause you care about? Send a quick pitch to [email protected] — we’d love to hear your story.