Page 42 - Greg Abel News Today

Charlie Munger, who has died aged 99, was right-hand man for more than 50 years to Warren Buffett, the multi-billionaire investor nicknamed the “Sage of Omaha”; as vice-chairman of their hugely successful investment conglomerate, Berkshire Hathaway, Munger, though lower-profile, was certainly as revered by loyal shareholders as his more famous colleague.

Nithin Kamath said every time he reads and listens to Munger, he tends to discover more about himself and what he thinks Zerodha should be

Charlie Mungers investment legacy, characterized by investing in good businesses at a fair price, will endure among followers. Despite his undefined role at Berkshire Hathaway, Mungers investment philosophy, combined with Warren Buffetts, formed a formidable team. Their common-sense approach to investment, distinct from machine trading, remains relevant, and Mungers influence guided a generation of money managers.

Investors want to hear more about investing the approach by two key understudies, shareholder says.

The pair became cult figures, and shareholder meetings at their Omaha headquarters were nicknamed ‘the Woodstock of capitalism’

Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerates chairman and vice chairman.

Charlie Munger is the fourth longtime Berkshire Hathaway director to die in two years

The always colorful Munger said at his final Berkshire annual meeting that 95% of heirs should follow one simple rule.

"Greg is just sensational at being a business leader, both as a thinker and as a doer," Charlie Munger, Buffett's right-hand man, once said of Abel.

The death of Charlie Munger, Warren Buffett’s right-hand man at Berkshire Hathaway Inc (NYSE:BRK.B), has brought an outpouring of praise but also a sharper...