Charles Thomas Munger, the co-founder of Berkshire Hathaway and a close associate of Warren Buffett, left behind a legacy of investment wisdom upon his passing in November 2023. Munger emphasized the importance of investing only where one possesses superior knowledge, stating, 'The whole trick of the game is to have a few times when you know that something is better than average.' He championed the idea of multi-disciplinary knowledge, advocating that investors should learn from diverse fields and the experiences of others to enhance their decision-making. Munger's approach suggests that while diversification can be beneficial, focusing on a select few high-quality investments is often more effective. This philosophy aligns with Buffett's own investment strategy, where he likens financial decisions to a limited number of punches on a card, urging investors to treat each opportunity with care. Munger, known for his sharp wit and honesty, played a pivotal role in transforming Berkshire Hathaway into a multi-billion dollar empire, achieving an average annual gain of 20% from 1965 through 2022. His insights continue to inspire investors worldwide.