The Omaha doctor who introduced us predicted that we would hit it off — and we did," Buffett wrote of his long-time partner in his annual letter to shareholders. Buffett gives Munger credit for much of the success of Berkshire Hathaway. My role has been that of general contractor, with the CEOs of Berkshire's subsidiaries doing the real work as sub-contractors," Buffett says. Like this story? Skip Navigation. Jennifer Liu. Charlie Munger, Berkshire Hathaway. VIDEO Skip Navigation.
Jennifer Liu. VIDEO Squawk Box. Don't miss: Warren Buffett and Charlie Munger haven't had a fight in 60 years — here's why Warren Buffett is 'halfway' through giving away his massive fortune. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day.
At the end of the day — if you live long enough — most people get what they deserve. This was accomplished in the adult lifetime of two men, simply by investing the capital of the company in an increasing number of prosperous enterprises and without dangerous amounts of borrowing. It is a story for the ages. Besides his work co-headlining the Berkshire affair and a variety of other business and philanthropic ventures, Charlie is known for his fluent, multidisciplinary mind.
It is a system like no other. As a result, his insights on business and life are unique, rare, and correct with unusual consistency. Speeches and writings made long ago stand up in their logic and validity today as much as when they were written, given their basis in the deeply fundamental wisdom of the world.
It would be like cutting off your hands.
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