Munger in final interview describes how he and Buffett turned Berkshire Hathaway into such a success

Today, Berkshire Hathaway is massive conglomerate worth north of $785 billion with businesses and investments all around the world. This exceeded Charlie Munger’s wildest dreams. “I did not think we’d ever have … so many hundreds of billions in Berkshire,” Munger, the former vice chairman of Berkshire, said in his final interview with CNBC’s Becky …

Notable investor says ‘the top of growth stocks is coming’

Ariel Investments chair and chief investment officer John Rogers Jr. Adam Jeffery | CNBC It’s time to look at value stocks as growth names will have a difficult 2024, according to Ariel Investments’ John Rogers. “I think the top of growth stocks is coming,” Rogers told CNBC’s Scott Wapner at the CNBC CFO Council Summit …

Top value investor on how Charlie Munger changed the craft

Charlie Munger at the Berkshire Hathaway press conference on April 30, 2022. CNBC The investing community lost one of its pillars Tuesday with the death of Berkshire Hathaway vice chair Charlie Munger, according to Ariel Investments’ Charles Bobrinskoy. He was a “true master of investing,” Bobrinskoy, the firm’s vice chair, said on CNBC’s “Closing Bell: …

Charlie Munger, investing sage and Warren Buffett’s confidant, dies

Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by members of Munger’s family that he peacefully died this morning at …

Charlie Munger’s sharp wit turned Berkshire meetings into uproarious affairs. Here’s a sample

Charlie Munger at his book signing event Katherine Graham at Borsheim’s Jewelry store. Mark Peterson | Getty Images Becoming a titan of business does not require giving up your personality or humor, as Charlie Munger proved repeatedly in his long and successful life. Munger, who died Tuesday at the age of 99, leaves behind not …

The investing world reacts to death of Berkshire legend Charlie Munger

Several investors mourned the passing of famed investor Charlie Munger, vice chairman of Warren Buffett‘s Berkshire Hathaway, on Tuesday. Known for his quick wit and his role in the firm’s success, Munger’s legacy reverberated throughout the investing world. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett …

Value stock or value trap? The Korean discount

A cameraman takes video footage of a stock index board showing South Korea’s benchmark stock index (L) after a ceremony celebrating the New Year’s opening of the South Korea stock market at the Korea Exchange in Seoul on January 2, 2023. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images) Jung …

This exchange is expanding its short-term options portfolio as ‘zero-day’ bets boom

The Nasdaq MarketSite is seen on October 12, 2022 in New York City. The Nasdaq Composite Index yesterday hit its lowest level since July, slipping into a bear market for the second time this year. (Photo by Michael M. Santiago/Getty Images) Michael M. Santiago | Getty Images The rapid growth in short-dated options that have …

Top Wall Street analysts recommend these stocks for a long-term horizon

Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Investors are on pace to wrap up a strong November, but it can be a challenge to pick out the best plays for the long run. All three of the major averages are tracking …

Warren Buffett makes big donation before Thanksgiving, says Berkshire is built to last

Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is “built …