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Charlie Munger, the longtime friend and business partner of Warren Buffett, died on Tuesday. He was 99. Munger led Berkshire Hathaway as its vice chairman for decades, helping Buffett build it into an investment powerhouse. He preferred to stay in the background and let Buffett be the face of Berkshire, often downplaying his contributions to the company's remarkable success, the Associated Press said.
Munger's death was confirmed in a statement from the company, which said he died Tuesday at a California hospital. His death was condoled by titans of the business world, including his friend of over 60 years – Warren Buffett.
“Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation,” Warren Buffett said in a statement.
Apple CEO Tim Cook also posted a tribute to Charlie Munger, remembering him as “a keen observer of the world” and a man who helped build an American institution.
A titan of business and keen observer of the world around him, Charlie Munger helped build an American institution, and through his wisdom and insights, inspired a generation of leaders. He will be sorely missed. Rest in peace Charlie. pic.twitter.com/vNGDktOAhz
— Tim Cook (@tim_cook) November 28, 2023
Charlie Munger moves on. What an extraordinary Life. A Life Full of Teaching, Sharing & Unlimited Wit.
— Fundamental Investor ™ 🇮🇳 (@FI_InvestIndia) November 29, 2023
We will Miss you Charlie. Prayers...
Watching this Video on Loop. Still not able to Believe.#FI pic.twitter.com/RKjKnozCfv
Legendary Investor Charlie Munger passes away at the age of 99
— Aditya Kondawar (@aditya_kondawar) November 29, 2023
He would have turned 100 on Jan 1, 2024!
My favorite quotes from him -
“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none, zero. You’d be amazed… pic.twitter.com/hOysHCuk8y
At the age of 31, Charlie Munger lost his Son to Leukemia & got divorced from his first wife+Nearly went bankrupt as his wife got nearly everything. Yet, he kept moving on in life. Never be a victim but a survivor.
— Intrinsic Compounding (@soicfinance) November 29, 2023
Envy & self pity are destructive. Be positive no matter what… pic.twitter.com/pC2MJZNGYE