According to the AP, Munger stood in Buffett’s shadow for years, helping him run the aforementioned conglomerate and giving him valuable advice. While Buffett was the face of the company, Munger often downplayed his influence on its operations.
“Charlie taught me a lot about business valuation and human nature,” Buffett said of his investment partner in 2008, according to the AP.
Munger met him as a commercial lawyer in 1959, and his career as an investor dates back to that time. Together with Buffett, they arranged the purchase of shares of many companies. In 1978, Munger became the second man of the Berkshire Hathaway company, on whose board he has served until now.
Buffett has divested himself of a significant stake in the Taiwanese chipmaker
2023-11-28 22:21:44
#Billionaire #Charlie #Munger #died #News
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