In this video, Warren Buffett, one of the most successful investors of all time, shares his views on his longtime business partner, Charlie Munger. Buffett praises Munger's intellect, his ability to condense important ideas into a few words, and his influence on Buffett's own investment philosophy.
Buffett says that Munger has a "broader intellect" than he does and is "smarter than me in 100 fields." He also says that Munger helped him to shift his focus from buying "fair companies at wonderful prices" to buying "wonderful companies at fair prices." This shift in focus has helped Buffett to become one of the most successful investors in history.
