'I Lost Money’: Billionaire Charlie Munger, 99, Said He Rode Out a Losing Bet Until He Got Back to Almost What He Paid — ‘I Was Stubborn’

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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Every investor knows the feeling. A stock slides, and suddenly the only goal left is getting back to even. Turns out one of the sharpest minds in investing history wasn't immune either. Late longtime Berkshire Hathaway Inc. Vice Chair Charlie Munger said he lost money on Hyundai Motor Co. and hung on until he could get out near his purchase price. He shared the miss in one of his final interviews, released about a month before he died at 99 in November 2023. Don't Miss: Think Your 'Safe' Stocks Protect You? You're Ignoring the Real Growth Triggers —Here's What to Add Now Caught With Nothing Saved for Retirement?