The Latest Breaking News from Charlie Munger

Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died

The legendary investor was known for straight talk and a skepticism of the professional finance industry.

Berkshire Hathaway has net sold around $24 billion worth of shares this year, while also being frugal with stock buybacks. The current market scenario is similar to what Warren Buffett described as his "nightmare," and could signal trouble for stocks in 2024.

Tesla, Inc

"The guy at BYD is better at actually making things than Elon is," said Warren Buffett's right-hand man.

Berkshire Hathaway has minority stakes in five Japanese holding companies that have yielded more than 90% returns over three years.

“You don’t want to make money by screwing your investors, and that’s what a lot of venture capitalists do,” Munger said on the podcast Acquired.

Todd Combs, investment officer at Buffett’s Berkshire Hathaway, also shared advice for those starting out in their careers.

Charlie Munger is also warning most crypto investments “are going to zero.”

Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past

How old is too old to lead? It’s an awkward question to ask when CEOs and founders identify so closely with their jobs. But as people live longer lives, we need to find the words to have this conversation.