The 99-Year-Old Bet: Charlie Munger’s Final Investment That Doubled

Discover the bold move Charlie Munger made at 99—betting on a stock everyone hated and proving once again why he was a legend.

Let me take you back to the story of Charlie Munger’s final investment—one that still sends shockwaves through the investing world.

“There was a stock that everyone disliked. Charlie studied this company for a long time and invested in it when he was 99 years old. The week before he died, this stock had doubled from the time he started investing.”

Let that sink in. The man was 99 years old, and instead of winding down, he was doubling down. But here’s what makes this story unforgettable—it wasn’t a flashy tech company or a trendy ESG play. It wasn’t a stock that anyone would call “exciting.” Quite the opposite, in fact.

This was a company that the market had written off. Analysts dismissed it. Investors avoided it. The headlines practically sneered at it. And yet, Charlie saw something no one else did.

He didn’t see a relic of the past. He saw opportunity. He saw value. And, true to form, he acted on it while everyone else stood on the sidelines.

Think about that for a moment. This wasn’t just an investment—it was a masterclass in contrarian thinking. It was the ultimate example of ignoring the noise, trusting the fundamentals, and letting the numbers speak louder than public opinion.

And here’s the twist: the stock doubled. By the time Charlie passed, this overlooked underdog had defied expectations and rewarded his conviction.

If that doesn’t grab your attention, nothing will. This isn’t just a story about Charlie Munger—it’s a lesson for all of us. The market loves to chase shiny objects, but the real wins? They’re often hiding in the places no one wants to look.

Today, we’re peeling back the layers of this remarkable investment. We’re diving into what made this stock so compelling to one of the greatest investors of all time. Because if you’re serious about finding value in unexpected places, this is the kind of story you need to hear.

Let’s unpack the mindset, the strategy, and the cold, hard facts behind the stock Charlie Munger bet on at 99—and why it paid off big.