Buffetts annual report notes of 2023 reveal the real architect of Berkshire Hathaway to be Charlie Munger. He waited until he died to tell.

Posted: Dec 31, 2024

  • Charlie Munger, architect of Berkshire Hathaway, passed away just before his 100th birthday
  • Munger advised Buffett in 1965 to add wonderful businesses at fair prices to Berkshire
  • Munger played a key role in shaping Berkshire Hathaway, with Buffett as the general contractor
  • Munger's advice helped Berkshire become a great company, with both men ending up far better off than expected


What do people on Reddit think?

🚨 Reddit sentiment: positive - Most comments reflect admiration for Charlie Munger's role and appreciation for the partnership between Munger and Buffett. The sentiment centers around respect and positive acknowledgment of Munger's influence on Berkshire Hathaway's success. Summarized comments: - Warren Buffett has consistently credited Charlie Munger for influencing the direction of Berkshire Hathaway and acknowledges him in the annual report - Munger is seen as the key figure who shifted Berkshire Hathaway's strategy from buying undervalued companies to purchasing high-quality companies at fair prices - Munger and Buffett's partnership is celebrated for its trust and teamwork - Some users find irony in Munger's amateur architectural endeavors, contrasting them with his business acumen - Commenters appreciate Buffett's acknowledgement as a homage to Munger's contributions Stock tickers discussed: Berkshire Hathaway



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