Pabrai & Li Lu: The legacy of Charlie Munger

In the days following Charlie Munger’s death, a number of his closest friends and partners over the years have shared their thoughts and respect. Including his two friends, renowned investors Mohnish Pabrai and Li Lu.

Mohnish Pabrai gives a 20-minute interview with CNBC about his relationship and the learnings from Munger, while Li Lu has written a short memo.

Read Li Lu’s full letter here.

In our capitalist society, where do virtue, moral responsibility, truth-seeking and public service fit in? Charlie Munger answered these questions through his long exemplary life. He insisted on making money in the most morally sound way, entering transactions only when, if positions were reversed, he would comfortably take the other side. He sought worldly wisdom through life-long learning.

– Li Lu

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