Charles Munger, the vice chairman of Berkshire Hathaway and Warren Buffett's long-time business partner, has passed away at the age of 99. Munger was a renowned investor, lawyer, and businessman who played a pivotal role in building Berkshire Hathaway into one of the world's most successful companies.
Born in Omaha, Nebraska, in 1928, Munger graduated from Harvard Law School in 1948 and joined Buffett's investment partnership in 1957. Together, they built a remarkable track record of success, turning a $10,000 investment into over $600 billion over the course of their partnership.
Munger was known for his sharp intellect, contrarian thinking, and ability to identify undervalued investments. He was also a gifted storyteller and lecturer, and his lectures at the University of California, Berkeley, are widely considered to be some of the most insightful and entertaining business lessons ever taught.
Beyond his business acumen, Munger was also a passionate advocate for education, philanthropy, and ethical investing. He was a generous donor to numerous causes, including the Munger Tolles Center for Business Ethics at Stanford Graduate School of Business.
Munger's passing is a major loss to the world of business and finance. He was a true visionary who left an indelible mark on the investment landscape. His legacy will live on through his teachings and the many lives he touched.
Charles Munger was a legendary investor, lawyer, and businessman. He played a key role in building Berkshire Hathaway into one of the world's most successful companies.He was also known for his sharp intellect, contrarian thinking, and ability to identify undervalued investments. He was a passionate advocate for education, philanthropy, and ethical investing. His passing is a major loss to the world of business and finance.
[image credits: CNBC]
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