Billionaire Charlie Munger Says He Ditched Insurance Once He Got Rich And Self-Insured Instead As 'All Intelligent People' Do — 'There's a Lot of Waste'
- Posted on August 16, 2025
- By Yahoo News
- 1 Views
Billionaire Charlie Munger Says He Ditched Insurance Once He Got Rich And Self-Insured Instead As 'All Intelligent People' Do — 'There's a Lot of Waste'
For most people, insurance isn't optional—it's a given. Home, auto, medical, liability—you're taught to protect your assets before you even finish building them. And while those monthly premiums sting, they're the price of security, or so the logic ...