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Value investing struggled during the long era of low interest rates. Warren Buffett’s partner warned investors hunting for deals they should ‘get used to making less.’
Charles Munger was vice chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion.
Munger was vice-chairman of Berkshire and one of its biggest shareholders, with stock valued at about $2.2 billion. His overall net worth was about $2.6 billion, according to Forbes.
Berkshire Hathaway could not have reached its present status without “Charlie’s inspiration, wisdom and participation”, Warren Buffett said in a statement.
International Business News: Charles Munger, the alter ego and sidekick to Warren Buffett, died at the age of 99. He was instrumental in transforming Berkshire Hathaway Inc into a