The annual Buffett shareholder meeting is just around the corner, and this year’s event will be broadcast live by Oriental Fortune on May 4, 2024. Although Warren Buffett’s investment decisions are always in the spotlight, the story of his long-time friend and partner, Charlie Munger, who passed away in November 2023, is also gaining attention.
Charlie Munger, born in Omaha, Nebraska, just a few feet away from Buffett’s childhood home, had a remarkable journey from being a weatherman in the Army to becoming a successful investor and eventually partnering with Buffett. Their partnership officially began in 1978 when Munger became the vice chairman of Berkshire Hathaway, and together, they transformed the company into a global investment giant.
Over the years, Buffett has often spoken about the significant impact Munger had on his life and career. In his shareholder letters, Buffett has referred to Munger as the “architect” of Berkshire and himself as the “general contractor” bringing Munger’s vision to life. Despite some disagreements, Buffett has always valued Munger’s intelligence, foresight, and unwavering friendship.
As the annual meeting approaches, investors are eager to hear more about Buffett’s recent decisions, including choosing a successor, reducing his holdings in Apple, and increasing his investments in major trading companies. The event promises to provide valuable insights into the future direction of Berkshire Hathaway and the legacy left behind by two of the greatest investment minds of our time.