Unveil the unconventional wisdom of Berkshire's Vice Chairman on skipping insurance and self-insurance practices! Explore the surprising reasons behind this strategic move, from avoiding claims hassle to sidestepping potential frauds. Get ready to rethink insurance decisions as you learn from an industry expert's perspective. Discover how self-insurance could reshape your financial future and provide unparalleled peace of mind.

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This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2023.
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☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

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🚫 Skip Insurance? Charlie Munger Spills the Beans on Self-Insurance Secrets! 💰🏠 | DJ 2023 【C:CM 303】

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