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30 Nov 2023

Berkshire Hathaway: Talent

Berkshire Hathaway Inc. (Berkshire) is a publicly listed American multinational conglomerate headquartered in Omaha, Nebraska which was run by Warren Buffett and Charlie Munger.

Charlie Munger has passed away age 99.

Berkshire is effectively a LIC (Listed Investment Company) or more simply a professionally managed fund. Its business is the business of investing in other businesses.

Now with Charlie Munger gone, will Warren Buffett retire?

Unlikely but Buffett and Berkshire have lost an incredible talent.

Talent, specifically having the right Portfolio Manager working for you is the key to achieving above index performance.

Vale Charles Munger (1924 – 2023).

If you have family, friends or colleagues that want financial advice please ask them to contact us and we will work out how best to help.


At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.

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