With the billionaire investor turning 94 this year and Munger's death in November, succession at Berkshire has become an increasingly pressing matter for shareholders
Buffett assured shareholders that 'unless something dramatic happens' that really changes Berkshire's capital allocation, it will have Apple as its largest investment
Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died. He was 99. Munger's death was confirmed in a statement from the company, which said he died Tuesday at a California hospital. Munger served as Buffett's sounding board on investments and business decisions and helped lead Berkshire as its vice chairman for decades. Munger preferred to stay in the background and let Buffett be the face of Berkshire, and he often downplayed his contributions to the company's remarkable success. But Buffett always credited Munger with pushing him beyond his early value investing strategies to buy great businesses. "Charlie has taught me a lot about valuing businesses and about human nature," Buffett said in 2008. Buffett's early successes were based on what he learned from former Columbia University professor Ben Graham. He would buy stock in companies that were selling cheaply for less than their assets were worth, and then, when the market p
Munger was also "a generous philanthropist who provided unfiltered advice and refreshing opinions which positively impacted businesses worldwide," Sloan said
After years of sitting on an over 20 per cent stake in China's BYD Co, Warren Buffett's Berkshire Hathaway may be mulling an exit
Elon Musk has revealed that billionaire investor and Vice President of Berkshire Hathaway Charlie Munger once told him that Tesla would fail
The S&P 500 index has more than doubled since its pandemic lows of March last year, while Bitcoin is up over 1000%
The billionaire has been Buffett's right-hand man for decades