Berkshire Hathaway’s annual meeting was the first without Charlie Munger, the company’s vice chairman and Buffett’s long-time investing partner, who died at 99 in late November. The meeting opened with a video tribute highlighting some of Munger’s best known quotes, including classic lines like “If people weren’t so often wrong, we wouldn’t be so rich”.
“Like his hero Ben Franklin, Charlie wanted to understand everything,” Buffett said. For decades, Munger and Buffett functioned as a classic comedy duo, with Buffett offering lengthy setups to Munger’s witty one-liners. He once referred to unproven internet companies as “turds.
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