In this episode, Charlie Munger was asked is American Express value proposition more in terms of payment or is it more in terms of service and rewards? YAPSS eBook | Collection: Charlie Munger Investing Advice, Life Advice & Others ► Shop Now: https://www.yapss.com/products/collection-charlie-munger Charlie Munger's Recommended Book List: ► https://www.amazon.com/shop/yapss ► Video Transcript & YAPSS Takeaway: https://www.yapss.com/blogs/collection-charlie-munger/charlie-munger-on-american-express-daily-journal-2017-c-c-m-ep-250 This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2017. ► Full Video: https://youtu.be/BLctqhNClqY ☆Who is Charlie Munger?☆ Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time. Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business and life from Charlie Munger and other great investors! For any concerns, business inquiries, etc. please contact us via email YAPSSBusiness@gmail.com YAPSS Playlist – Collection: Charlie Munger: https://www.youtube.com/playlist?list=PLyeG_Tr8eXZmN2pp1LVVd3EawBfNwprC3 #YAPSS #CharlieMunger #DailyJournal Charlie Munger on American Express | Daily Journal 2017 【C:C.M Ep.250】