“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Chief Executive Officer Warren Buffett said. This was the reaction that the 93-year-old billionaire had on receiving the news that Charlie Munger, the plain-spoken vice chairman of Berkshire Hathaway often described as billionaire Warren Buffett’s right-hand man, had passed away at the age of 99. Munger, whose name rhymes with hunger, passed away in a hospital in California on Tuesday. Munger worked closely with Buffett on allocating its capital and he was known not to mince words when he thought his business partner was making a mistake. Before Munger’s demise, they had known each other Buffett had, in fact, once said that he and Munger thought so much alike it was ‘spooky’. Let’s take a closer look at who was Munger and his life.
Veteran investor and Warren Buffet’s trusted confidante Charlie Munger passed away in California at the age of 99. He was instrumental in transforming Berkshire Hathaway Inc into the empire that it is today
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