What Will Berkshire Hathaway Look Like Without Warren Buffett? Here's What Charlie Munger Predicted 10 Years Ago.
With Warren Buffett's stunning announcement that he will retire by the end of the year, investors are wondering what's in store for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Vice Chairman Greg Abel is taking over, but will Berkshire Hathaway be the same?A decade ago, Charlie Munger, Buffett's decades-long business partner, actually addressed his vision of what would happen when Buffett steps down. It's worthwhile to read what he had to say, which is still incredibly relevant and timely today.Buffett has been at the helm of Berkshire Hathaway since 1965, and he has been writing his annual shareholders' letter since 1977. Munger was Buffett's business partner and mentor throughout that time until he died in 2023, and he added his thoughts to Buffett's just one time, in 2014, at the 50th anniversary of Buffett's leadership.Continue reading
With Warren Buffett's stunning announcement that he will retire by the end of the year, investors are wondering what's in store for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Vice Chairman Greg Abel is taking over, but will Berkshire Hathaway be the same?
A decade ago, Charlie Munger, Buffett's decades-long business partner, actually addressed his vision of what would happen when Buffett steps down. It's worthwhile to read what he had to say, which is still incredibly relevant and timely today.
Buffett has been at the helm of Berkshire Hathaway since 1965, and he has been writing his annual shareholders' letter since 1977. Munger was Buffett's business partner and mentor throughout that time until he died in 2023, and he added his thoughts to Buffett's just one time, in 2014, at the 50th anniversary of Buffett's leadership.
