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Charlie Munger is without a doubt one of the most respected names in the value investing World hes been Buffetts right hand man for many decades and still serves as the vice chairman of Berkshire Hathaway at 99 years old but as many of you may know hes also a very successful investor in his own right with a net worth of 2.3 billion dollars and a huge part of his investing success has been down to his rational thinking and his ability to tell it like it is and to our benefit thats something that hes done quite a bit over the past few years so with the market falling 20 in 2022 inflations still really high and interest rates set to continue rising in 2023 lets take a look at Charlie mungers advice that specifically applies to the investing scenario we all face in the year ahead [Music] thank you so probably the most obvious investing challenge we Face going into 2023 is the fact that this year it looks like were going to be investing in a down Market as I said the S P 500 fell