In this column, which appears every two weeks, we give you concrete ideas for investing. He was much less well-known than Warren Buffett, but Charlie Munger, Berkshire Hathaway’s number two, was also a savvy investor. And inspiring. • Also read: The Smart Investor: What do I do with my portfolio in the event of a … [Read more…]
Browns owner Jimmy Haslam has a Warren Buffet problem. Via the Associated Press, Buffet’s Berkshire Hathaway has accused Haslam of trying to bribe several executives at Pilot, the truck stop chain founded by Haslam’s father. Berkshire Hathaway claims Haslam wanted executives to drive up the company’s profits. The dispute stems from a sale of Pilot … [Read more…]
Nov 28 (Portal) – Warren Buffett’s confidant Charlie Munger died on Tuesday at the age of 99, leaving a void at Berkshire Hathaway (BRKa.N) that investors said was impossible to fill despite the group’s well-established succession plan. Berkshire said Munger died peacefully at a hospital in California, where he lived. No reason was given. Munger … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Charlie Munger, the sharp-witted vice chairman of Berkshire Hathaway and investment partner of Warren Buffett, died in a California hospital on Tuesday morning at the age of 99, the US investment group said. Munger, a trained … [Read more…]