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Charlie Munger, Warren Buffett's Right-Hand Man, Dies at 99

Charlie Munger, the longtime vice chairman of Berkshire Hathaway and a close confidant of Warren Buffett, died Tuesday at a California hospital at the age of 99. Munger was a brilliant investor and a wise advisor, and he played a key role in Berkshire Hathaway’s success over the years. He was also a gifted teacher and communicator, and he was widely respected for his independent thinking and his deep understanding of human nature.

Key Points

  • Munger joined Berkshire Hathaway in 1977, and he quickly became one of Buffett’s most trusted advisors.
  • Munger was known for his contrarian investing style, and he was often willing to bet against the prevailing wisdom.
  • Munger was a strong believer in the importance of value investing, and he was always on the lookout for undervalued businesses.
  • Munger was a gifted communicator, and he was able to explain complex financial concepts in a way that was easy to understand.
  • Munger was a respected mentor to many young investors, and he was known for his willingness to share his wisdom.

Quotes

  • Charlie Munger was a giant in the world of business and a profound thinker who had a deep understanding of human nature.” – Warren Buffett
  • “Charlie Munger was a brilliant investor and a wise advisor, and he played a key role in Berkshire Hathaway’s success. He was also a gifted teacher and communicator, and he was widely respected for his independent thinking and his deep understanding of human nature.” – Susan Decker, Berkshire Hathaway’s vice chairman
  • “Charlie Munger was a true original, and he was one of the most influential figures in the world of investing. He will be deeply missed.” – Bill Gates

Analysis

Charlie Munger was a towering figure in the world of investing, and his death is a great loss to the business community. He was a brilliant investor, a wise advisor, and a gifted communicator. He will be deeply missed.

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