Billionaire Investor Charlie Munger Passes Away at 99
The news was reported by CNBC yesterday evening. He was known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway.
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The news was reported by CNBC yesterday evening.
He was known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway.
Munger and Buffet were notably critical of cryptocurrencies, with Buffet famously calling Bitcoin “rat poison.”
Munger’s investment principles included:
- Invest in what you understand.
- Temperament, not IQ, is key to investment success.
- Maintain conviction and endure market volatility.
“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said.
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