BYD issued a message to commemorate Charlie Munger: Fortunately to have his recognition, Berkshire Hathaway became an important shareholder

Berkshire Hathaway issued a statement on its subsidiary Business Wire website, announcing that Charlie Munger, the right-hand man of investment genius Warren Buffett, passed away on Tuesday at the age of 99, local time. Years

This afternoon, BYD officially released an article expressing its deep condolences for Mr. Munger. The following is the full text

On November 28, 2021, we lost a great mentor and close friend, Mr. Charlie Munger, a legendary and wise centenarian. , represents wisdom and vision

Mr. Charlie Munger is known as one of the greatest investors of our time. He has set an eternal example for the investment community. In addition, he is also a generous philanthropist who has made outstanding contributions in the fields of education, medical care, culture and scientific research.

Mr. Munger has always been firmly optimistic about the Chinese market. In 2008 , we are fortunate to have his recognition, and Berkshire Hathaway has become an important shareholder of the company. This is the first time that the company has been recognized by a top international investment institution, which has injected strong confidence and motivation into our commitment to the new energy vehicle industry.

We express our deepest respect for Mr. Munger, and his wisdom and spirit will always remain in our hearts

In addition, this morning, Apple CEO Tim Cook also issued a message of condolences, saying, "Charlie Munger was a business giant and an observer with a keen insight into the world. He helped establish a model for American companies. And inspired a generation of leaders through his wisdom and insight."

Public information shows that Munger was born on January 1, 1924 in Omaha, Nebraska, USA. He graduated with honors from Harvard Law School in 1948 and directly entered the California court to become a lawyer; he has served as Vice Chairman of Berkshire Hathaway since 1978. .

Over the past 46 years, this old man and Buffett have teamed up to create the best investment record in history - the book value of Berkshire's shares has created an investment myth with an average annual compound rate of return of 20.3%. The price per share rose from $19 to $84,487.

Industry insiders regard Munger as Buffett's golden partner, known as the "brain tank behind the scenes" and the "ultimate secret weapon." However, his popularity in the outside world has always been very low, he lacks transparency, and his wisdom, value and contribution have been seriously underestimated by the world.

Advertising statement: External links contained in this article (including but not limited to hyperlinks, QR codes , password, etc.) is intended to provide more information and help save screening time, but the results are for reference only. All articles on this site contain this statement

The above is the detailed content of BYD issued a message to commemorate Charlie Munger: Fortunately to have his recognition, Berkshire Hathaway became an important shareholder. For more information, please follow other related articles on the PHP Chinese website!