Billionaire Investors Warren Buffett & Charlie Munger Sit Down with CNBC’s Becky Quick for CNBC’s “Buffett & Munger: A Wealth of Wisdom".
Warren Buffett and Charlie Munger, friends for more than six decades, business partners for more than five, together sitting atop one of the country’s biggest companies, Berkshire Hathaway.
Buffett, the Chairman and CEO, known as the oracle of Omaha, amassed a more than $100 billion fortune running the conglomerate, acquiring stocks and companies from his office in Omaha, Nebraska and Vice Chairman Munger, who grew up less than a mile from Buffett, a lawyer by training but an investor by practice. They met as adults after Munger had moved to his current home, Los Angeles.
From 1,500 miles apart, the duo built Berkshire Hathaway from a single textile mill to a $650 billion powerhouse, running companies from railroad operator Burlington Northern Santa Fe and insurance company Geico to Fruit of the Loom, Dairy Queen and Clayton Homes and managing a portfolio of $300 billion in shares of companies like Apple, Bank of America and Coca Cola. Tonight, we bring you the story of perhaps their greatest accomplishment, sixty years of friendship and the lessons they’ve learned from each other along the way in business and life. 90-year-old Buffett, a man of many words, and 97-year-old Munger, a man of fewer, but his are more pointed.
