Throwback Thursday: Charlie Munger on Turning $2 Million into $2 Trillion

Throwback Thursday: Charlie Munger on Turning $2 Million into $2 Trillion

Throwback Thursdays Cover photo

This is another post in our ongoing Throwback Thursdays Series, where we share blog posts from the past to bring you a ton of value and help you learn faster.

Today, I’m sharing one of my old posts with you: Turning $2 Million Into $2 Trillion – an amazing thought experiment by Charlie Munger on how to build the perfect business.

As value investors, it’s important to take time to think about things…

Get FREE access to 17 of our best training videos from the past by clicking here.

Not just potential investments or ones we already own, but also how we’d grow our businesses, our incomes, and our futures as well.

This thought experiment will help you do all these things by helping you become a better thinker.

Let’s get to it…

Charlie Munger On Turning $2 Million Into $2 Trillion
We All Need To work Toward This Every Day To Gain A Massive Advantage Over Other Value Investors

The basis of this thought experiment Munger goes through how he would turn $2 million into $2 trillion based on his experience in business.

It talks about mental models, business models, competitive advantages, pricing power, and more.

Frankly, it’s amazing to see how he thinks about this. You can learn from this kind of thinking when evaluating a stock for investment or working to build your own business as well.

To read the entire article click the following link – Turning $2 Million into $2 Trillion via Mungerisms.

This article is so great that I try to re-read it at least once a year, and have done so every year for years now.

I’d love to hear your thoughts on this in the comments below.

In case you missed it, here’s a recent post where I explain the 8 Reasons I Won’t Invest in the $2 Trillion IPO of Saudi Aramco

Click Here To Join Our Newly Relaunched Masterclass To Become A Great Value Investor Within Weeks.

Here's What Matteo A. Said About The Masterclass - "Good choice to decide to join this group. I made the same decision as you to seriously learn investing and this seems a great place to start. You will learn a lot from this course and Jason is always available to help you with any questions or doubts you may have during the journey."

P.S. You can subscribe to Value Investing Journey for FREE by clicking here to get Five Free Gifts INSTANTLY that will help you become a great value investor faster.