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Good morning, investors. Over the past decade, the S&P 500 performed 1.81x as well as Charlie Munger’s portfolio.

That’s despite Munger being one of the best investors of all time.

Here’s what went wrong ↓

Charlie Munger

Munger’s reported portfolio is up only 98% over the past decade.

The S&P 500 is up roughly 258% over the same period.

So naturally, I wanted to know what went wrong.

After about three days of digging, I finally found the answer.

And there’s a catch in the data that completely changes the story.

Plus, I’ll show you how to find and track superinvestor portfolios yourself.

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