RIP Charlie Munger
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When Buffet kicks it Berkshire's going to be in trouble...
Those 2 had a combined age of 192….
I can’t see the succession being smooth.
Berkshire Hathaway is essentially the Warren Buffet ETF. With Munger dead, I'm sure the hedgies have shorts in place for when Buffet's next.
Somewhere there's some like truck driver or something who just buys options at some crazy low strike price in the hopes of making bank when that happens.
Not something I have ever seen on here. But he was a heterodox thinker.
He became one of the richest people in the world due to his economic insights and intelligence.
He was always witty and optimistic- despite being 99 years old + almost blind…. “every day I wake up and something new hasn’t broken is a good day”
Shame he was almost blind at 0:45
Also, sharp guy. Never really hear about him, vice chairman of Berkshire Hathaway. Take that as you will.