Investment powerhouse builder Charlie Munger, who aided Warren Buffett, passes away at 99. trib.al/dBgnJSq

By | November 28, 2023
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Charlie Munger, the longtime business partner of Warren Buffett and key figure in building Berkshire Hathaway, has passed away at the age of 99. Munger played a crucial role in the success of the investment powerhouse.

Charlie Munger, the esteemed investor and business partner of Warren Buffett, has passed away at the age of 99. Munger was instrumental in helping Buffett build Berkshire Hathaway into one of the most successful investment companies in the world.

Born on January 1, 1924, in Omaha, Nebraska, Munger had a keen interest in investing from a young age. He studied mathematics at the University of Michigan and later attended Harvard Law School. Munger’s career took off when he formed a partnership with Buffett in the 1950s, with the duo eventually taking control of Berkshire Hathaway.

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Munger’s investment philosophy was heavily influenced by his belief in the power of rational thinking and the importance of acquiring knowledge from multiple disciplines. His approach was known for its emphasis on long-term investing and the value of businesses with strong competitive advantages.

Throughout his career, Munger was known for his sharp wit and straightforward manner of speaking. He was often sought after for his insights on various topics, ranging from investing to business management. Munger’s annual appearances at Berkshire Hathaway’s shareholder meetings became legendary, where he shared his wisdom and wit with investors and enthusiasts.

Beyond his work with Berkshire Hathaway, Munger also served on the board of several other companies, including Costco Wholesale Corporation and The Daily Journal Corporation. He was widely respected for his integrity, intelligence, and ability to make sound investment decisions.

Munger’s legacy will undoubtedly live on in the investment world. His contributions to Berkshire Hathaway and the field of value investing have left an indelible mark on the industry. As investors and admirers mourn his passing, they will remember him as a true icon and a master of his craft..

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@ABC said Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died. He was 99. trib.al/dBgnJSq

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