Charlie Munger, the long-time right-hand man of Warren Buffett and vice chairman of Berkshire Hathaway, has passed away at the age of 99. Munger, who played a crucial role in turning Berkshire Hathaway into a successful investment firm, had a net worth of $2.6 billion. He was known for his sensible stock-picking and investing approach. Munger was also a vocal critic of Bitcoin and other cryptocurrencies, expressing his disapproval of their volatility and lack of regulatory structures. Despite his negative views on cryptocurrencies, Munger’s insights from his 60 years of investing experience can still be valuable to crypto traders. Munger’s death marks the end of an era in business and finance, and he is being remembered and honored by investors and business leaders around the world. Warren Buffett, in a statement, acknowledged Munger’s significant contributions to Berkshire Hathaway and described him as an inspiration and a wise participant in building the company. Munger’s frank remarks and colorful quips will be missed by shareholders at Berkshire’s annual meetings.
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Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
neutral |
Relevance Score |
1 |
People |
Tim Cook, Brian Moynihan, Warren Buffett, Charlie Munger |
Companies |
Berkshire Hathaway, Redfin, Twitter, Apple, Bank of America |
Currencies |
Bitcoin |
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None |