Warren Buffett and Charlie Munger have been pals since 1959. They've worked together since 1978. The two have skilled stupendous success in combination construction Berkshire Hathaway into an investment business with greater than $736 billion in belongings. But, are you aware what's much more impressive than that? Buffett and Munger have never had even one argument of their more than forty years operating in combination and 60 years of friendship. That reality comes immediately from the mouth of Warren Buffett all the way through an interview on CNBC's Squawk Boxclosing yr.
Munger is the vice chairman of Berkshire Hathaway and as such, Buffett's proper hand guy. The two have worked together since 1978 when Buffett convinced Munger to go away his personal investment firm to join him at Berkshire Hathaway. More than a decade earlier Buffett had also convinced Munger to go away his regulation company as it wasn't using his complete talents.
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Buffett and Munger each grew up in Omaha. They both labored at Buffett's grandfather's grocery tale, even though not on the similar time. They met when a mutual friend offered them when Buffett was 29 and Munger was once 35. They had dinner together and temporarily bonded.
"We went to dinner and in five minutes, Charlie was rolling on the floor laughing at his own jokes — and I do the same thing," Buffett said in the 2018 CNBC interview. "We knew we were sort of made for each other." Buffett is now 88 and Munger is 95.
Even even though the friends and business partners have by no means had an issue, that doesn't imply they all the time agree. Buffett has said that they agree on most issues, however they're both sturdy minded and have disagreed on a few things. However, Buffett is quick so as to add that they have a great time together.
There aren't too many of us the Oracle of Omaha listens to. However, Buffett advised CNBC that Charlie had given him a lot of fine recommendation over the years. He said:
"We've got an extremely good partnership and business is more fun — just as life is more fun — with a good personal partner and to have great business partner. You know it's just — we've accomplished more but we've also had way more fun…I've lived a better life because of Charlie."
That's #friendshipgoals right there.
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Barrett Giampaolo
Update: 2024-05-14
