It's just avoiding stupidity.' The New York Times, Reuters 3. Assessing the investment success of Berkshire Hathaway, which made him a billionaire, he once said: 'It's not brilliance. Munger, known to nearly everyone as Charlie, was famous for his 'laconic one-liners on investing, the economy and the foibles of human nature' - likening bankers to 'heroin addicts' and the virtual currency Bitcoin to 'rat poison,' Reuters reported. Munger left a law career to help Buffett transform a struggling New England textile company into the investment juggernaut Berkshire Hathaway. Charles Munger, Warren Buffett's investing partner, dies at 99Ĭharles Munger, billionaire investor Warren Buffett's second-in-command, died Tuesday in California.
