In this segment from The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Charlie Munger's wisdom and how the investing great strives to be rational. The guys also highlight two happenings in today's market that seem irrational.

Matt suggests investors are focusing too much on what went wrong in the financial sector during the crisis, while David reminds viewers how hard it can be to "buy low."

After years of learning from Ben Graham and working with Charlie Munger, Warren Buffett has offered up priceless investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.