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Charlie Munger Said He Was a 'Cautious Little Squirrel Saving Up More Nuts' Than Needed Before Investment Career – 'I Wasn't a Courageous' Man

Charlie Munger Said He Was a 'Cautious Little Squirrel Saving Up More Nuts' Than Needed Before Investment Career – 'I Wasn't a Courageous' Man Fahad Saleem Wed, January 7, 2026 at 8:16 PM GMT+5:30 3 min read BRK. A Charlie Munger said he moved from law into investing only after years of careful saving because he was cautious, not bold or drawn to big risks. During an interview at the University of Michigan's Ross School of Business in 2017, then–Berkshire Hathaway Vice Chair Munger said he began practicing law because he had no other option and needed to provide for his five children. He said he went to law school because it was the "least bad" option at the time.

Charlie Munger Said He Was a 'Cautious Little Squirrel Saving Up More Nuts' Than Needed Before Investment Career – 'I Wasn't a Courageous' Man

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  • Answering a question about his shift from law into investing, Munger said he had several years of expenses saved before entering the investment business and did not go all in until he was confident it would work.
  • "I was not a courageous, venturesome, admirable man," Munger said.
  • "I was a cautious little squirrel saving up more nuts than I really needed and not going very deep into my pile of nuts.
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Sources

  1. Charlie Munger Said He Was a 'Cautious Little Squirrel Saving Up More Nuts' Than Needed Before Investment Career – 'I Wasn't a Courageous' Man

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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