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The part I don't get is that the total project will cost over 1.5 billion USD and Charlie Munger, the value investor, will get his building and name on it for o
by 1cvmask 5y ago
The part I don't get is that the total project will cost over 1.5 billion USD and Charlie Munger, the value investor, will get his building and name on it for only 200 million. The art of the deal for him for sure. But the school is screwing themselves and the students for such a measly donation in terms of the totality of the deal.
- bell-cot 5y agoWith the reputation & nicknames the place may soon have with students - "Mungertraz", "Gulag Munger", "Black Hole of Chuck Munger", "Bergen-Munger", etc. - the naming rights aspect may at least be a "better" deal for the University.