Billionaire Charlie Munger Said Saving the First $100K Is a 'Long Struggle for Most People' — But Once You Get There, You Can 'Ease Off the Gas' [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Yahoo! Finance
There's a phase in building wealth where effort and results don't seem to match. The saving is steady, the discipline is there, and still, progress crawls. Late Berkshire Hathaway Vice Chair Charlie Munger kept returning to that exact stretch because it's where most people tap out. "The hard part of the process for most people is the first $100,000," Munger said at the Berkshire Hathaway annual meeting in 1999. "If you have a standing start at zero, getting together $100,000 is a long struggle for most people." He added that the ones who get there tend to think clearly, act when opportunities show up, and spend far less than they earn. That was the polished version. The later ones had more bite. Don't Miss: NVIDIA & Tesla Steal the Spotlight — RAD Intel Emerges as an AI Stock Worth Watching Earn While You Scroll: T he Deloitte-Ranked #1 Software Company Growing 32,481% Is Opening Its $0.50/Share Round to Investors The Language Got Blunter As The Years Went On But The Poin
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BRK.B
Earnings
- 3/2/26 - Beat
BRK.B
Sec Filings
- 4/16/26 - Form 8-K
- 4/14/26 - Form 424B5
- 4/10/26 - Form FWP
- BRK.B's page on the SEC website