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On Tuesday, November 28, the investing world was struck by the passing of Charlie Munger, Vice Chairman of Berkshire Hathaway and longtime confidant of Warren Buffett. Munger, aged 99, peacefully passed away in a California hospital, as confirmed by Berkshire Hathaway following advice from Munger's family.
On Tuesday, November 28, the investing world was struck by the passing of Charlie Munger, Vice Chairman of Berkshire Hathaway and longtime confidant of Warren Buffett. Munger, aged 99, peacefully passed away in a California hospital, as confirmed by Berkshire Hathaway following advice from Munger's family.
Source: Businessinsider
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Warren Buffett, reflecting on Munger's immense contribution, remarked, "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom, and participation," as reported by AFP.
Munger, much like Buffett, hailed from Omaha, Nebraska, where the roots of their enduring friendship were planted over 60 years ago after their meeting in 1959.
Joining forces with Buffett in 1978, Munger played a pivotal role in the transformation of Berkshire Hathaway into a $780 billion conglomerate, leaving an indelible mark on the business world.
Source: CNBC
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The news of Munger's passing reverberated across the internet, with an outpouring of tributes and condolences flooding social media platforms. Tim Cook, CEO of Apple, paid homage to Munger, acknowledging him as "a titan of business and keen observer of the world around him." Cook added, "Through his wisdom and insights, [Munger] inspired a generation of leaders. He will be sorely missed. Rest in peace, Charlie," in a heartfelt post on a social media platform.
Munger's legacy as a shrewd investor, astute thinker, and integral figure in the success story of Berkshire Hathaway stands as a testament to his profound impact on the world of finance and beyond.
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