Posted 2/25/2024, 1:28:00 AM
Buffett Praises Munger as Berkshire's 'Architect' in Annual Letter, Says Abel Ready to Take Over
- Warren Buffett paid tribute to Charlie Munger, calling him the "architect" of Berkshire Hathaway in his annual letter to shareholders
- Buffett said Munger let him take credit as "general contractor" while Munger devised the company's vision
- Their partnership was like an older brother and loving father relationship
- Buffett said not to focus on bottom line figures, but rather Berkshire's operating earnings
- Buffett assured investors that Greg Abel, his successor, is ready to be Berkshire's CEO