Legendary Investor Charlie Munger Dies at 99

Munger's Legacy Lives On Through His Investment Philosophy and Storytelling Skills

Charlie Munger, one of the greatest investors of all time and Warren Buffett’s most trusted partner at Berkshire Hathaway, died this week at the age of 99.
Munger was known for his investment philosophy of investing in high-quality businesses with strong brands, competitive advantages, and the ability to raise prices over time.
One of Berkshire’s best investments, See’s Candies, was a result of Munger's investment philosophy. The company, originally purchased for $25 million, has since generated over $2 billion in pre-tax earnings.
Munger was also an extraordinary storyteller and communicator, using maxims and parables to educate investors. His maxims, known as Mungerisms, and parables stand the test of time because of the way he delivered them.
Munger's teachings continue to influence the investment community, emphasizing the importance of continuous learning, not following the crowd, and investing in wonderful businesses at fair prices.