Goodbye Mr Charlie Munger. If you are an investor, you should have heard of Charlie Munger, Vice Chairman of Berkshire Hathaway. He has passed away on 28th November 2023 at the age of 99 at a hospital in California. At the time of his passing, his net worth is approximately $2.6 billion.
The investing legend, Charlie Munger was Warren Buffett’s partner and right-hand man when it comes to investing. Charlie Munger worked closely with Warren Buffett on the allocation of Berkshire Hathaway’s capital and it was his wisdom that took Berkshire Hathaway where it was today.
Just like Warren Buffett, Charlie Munger is known to be a value investor where he buy companies only at a fair price and concentrate his investment portfolio around a few good stocks. He employed a buy and hold investment strategy where he hold the stock and let compounding do the magic for him.
A great business at a fair price is superior to a fair business at a great price. – Charlie Munger
The above is just one of the famous quotes from Charlie Munger that inspire value investors worldwide.
3 years ago, The Fifth Person wrote about 5 timeless quotes from Charlie Munger.
I don’t get to where I am going after mediocre opportunities. – Charlie Munger
The big money is not in the buying or the selling, but in the waiting. – Charlie Munger
Spend each day trying to be a little wiser than you were when you wake up. – Charlie Munger
Success means being very patient but aggressive when it’s time. – Charlie Munger
The timeless quotes that Mr Charlie Munger leaves behind will continue to inspire passionate investors like you and me.
Goodbye Mr Charlie Munger!