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It was truly an honor to receive a shout-out by Charlie Munger during the Daily Journal Annual Meeting in Los Angeles on February 14, 2018. Charlie was discussing the fair investment management fee structure of the Buffett Partnerships of the 1950s, which I have enthusiastically cloned for 19 years. Here is a brief clip from the “Closing Bell” on CNBC that summarized the talk. Kelly Evans mentions Munger’s fee structure comments from 2:40 onwards: https://www.cnbc.com/video/2018/02/14/berkshires-charlie-munger-on-wells-fargos-mistake.html?play=1 Richard Lewis shared the full transcript of the 2018 Daily Journal Annual Meeting. You can find it here: http://latticeworkinvesting.com/2018/02/19/charlie-munger-full-transcript-of-daily-journal-annual-meeting-2018 Enjoy! 
8 Comments
2/15/2018 11:06:12 pm
Well done, Mohnish. I rmb reading Guy’s book and learning about Buffett’s rare fee structure and how you replicated it and stuck by it. Tremendous structural advantages and till today you are still reaping its positive externalities! Amazing.
Biju Janardhanan
2/16/2018 01:01:25 am
Congratulations Mohnish Sir.
Jorel Martinez
2/16/2018 07:55:11 am
Congratulations, well deserved!
RJ
2/18/2018 08:39:40 am
Excellent. Well done.
Nicolas Litvan
2/19/2018 04:15:45 pm
Congratulations!!!
Hari
6/4/2018 10:58:20 pm
Hi Mr. Pabrai, Leave a Reply. |
Mohnish PabraiMohnish Pabrai is the founder and Managing Partner of the Archives
June 2018
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