In the wake of Charlie Munger's death, the investment world, particularly in China, is reflecting on his legacy. Li Lu, the "Chinese Warren Buffett," hailed Munger as an "enlightened sage," likening him to historical figures of wisdom and virtue. The respect Munger gained in China highlights his global influence. Tesla Inc. CEO Elon Musk may not share the same sentiment. Musk’s business and investment methods differ from Munger’s and Warren Buffett’s approaches. Don’t Miss: Get equity and front
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is a sprawling conglomerate worth over $770 billion. While its main business is insurance, much of Berkshire's value comes from its investment portfolio. Chairman and CEO Warren Buffett has generated incredible market-beating returns for shareholders through prudent long-term buy-and-hold investing.
The debate around entitlements is heated ahead of the 2024 election.