The late Charlie Munger made a contrarian bet at 99, doubling his money — and clashed with Elon Musk over taking risks

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The late Charlie Munger made a contrarian bet at 99, doubling his money — and clashed with Elon Musk over taking risks

The late Charlie Munger (right) was Warren Buffett's business partner.SCOTT MORGAN/REUTERSCharlie Munger doubled his money on a contrarian bet at age 99, Li Lu says.Warren Buffett's late partner got the idea from Barron's magazine after 50 years of reading.Li recalled a lunch with Elon Musk and Munger that showed their huge differences in risk tolerance.Charlie Munger was still sniffing out bargains and scoring big gains at age 99, says a close …

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Charlie Munger surprised at age 99 with an investment that brought him significant profits

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A friend of Charlie Munger's known as the Chinese Warren Buffett claims that the investor doubled his investment by challenging the general feeling of the market shortly before his death in 2023.