Charlie Munger, Warren Buffett's Longtime Business Partner, Dies at 99

Subheading: Munger was a renowned investor, philanthropist, and a close friend and confidant of Buffett.

Munger's death is a significant loss to the investment community and to Berkshire Hathaway, the company he helped build with Buffett.

Charlie Munger, the billionaire investor and Warren Buffett's longtime business partner, has died at the age of 99. Munger was a renowned investor, philanthropist, and a close friend and confidant of Buffett. He was known for his sharp wit and his deep understanding of business and investing.

Munger was born in Omaha, Nebraska, in 1924. He served in the U.S. Navy during World War II and then attended the University of Michigan, where he earned a law degree. After graduating, Munger moved to Los Angeles, where he practiced law for several years. In 1962, he met Buffett and the two men quickly became friends and business partners. Together, they built Berkshire Hathaway into one of the most successful companies in the world.

Munger was a respected investor in his own right. He ran Wesco Financial Corp., a publicly traded company, from 1984 to 2011, and he was also a director of Costco Wholesale Corp. Munger was a strong advocate for value investing, and he often criticized the speculative excesses of the stock market. He was also a generous philanthropist, and he donated millions of dollars to various causes, including education and healthcare.

Munger's death is a significant loss to the investment community and to Berkshire Hathaway. He was a brilliant investor and a wise counselor, and he will be deeply missed.