Investment Loyalty
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Steve Ballmer Once Recalled Charlie Munger Telling Him: 'I Know, You're Not That Smart' — Here's What The Ex-Microsoft CEO Replied
Yahoo Finance· 2026-03-23 12:01
Steve Ballmer once shared how Charlie Munger bluntly questioned his decision to hold Microsoft stock. Munger's Blunt Question Put Ballmer On The Spot Speaking on the Acquired podcast in 2025, Ballmer recalled a candid exchange during a country club Q&A session in Los Angeles, where Munger didn't hold back. "Steve, you know, I'm wondering why you held on to your Microsoft stock when your partners over there didn't," Munger said. "I know you're not that smart." The remark, characteristic of Munger's famou ...