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Standford Lawyer Interviews Charlie Munger

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By ZENWAY - Posted on 31 May 2009

Charles T. Munger is a man of many interests, much like his hero Benjamin Franklin. Self-taught in a range of disciplines, he's a strong advocate for interdisciplinary education saying, "If I can do it, many people can."

On why investors should study accounting carefully, Charlie Munger said: "I would argue that a majority of the horrors we face would not have happened if the accounting profession developed and enforced better accounting. They are way too liberal in providing the kind of accounting the financial promoters want. They've sold out, and they do not even realize that they've sold out."

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