Episode 76
Munger’s Wisdom and the Four-Stage Business Cycle - 06/06/2026
June 6th, 2026
52 mins 50 secs
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About this Episode
John Berkley analyzes a volatile week for Wall Street before exploring the financial wisdom of Charlie Munger and Jeff Bezos. The discussion delves into the power of compound interest, the pitfalls of envy, and U.S. tax subsidies. Berkley also provides a masterclass on the four stages of the business cycle: prosperity, recession, depression, and recovery. Featuring a moving D-Day tribute, this episode blends historical perspective with practical investment advice.