The return of the investor ’ Warren Buffett's short-lived and business colleague Charlie Monger Berkshire Hathaway (hereinafter Berkshire) dated 28 days (local time) to separate the 99th. As the United States and the world's economic memorial to the blanks followed, what he said about Korea as usual is also being illuminated again.
In the book published in 2017, ‘ Charlie Munger's words (Tao of Charlie Munger) ’, there is a part that Munger mentioned about Korea. This book describes David Clark's usual remarks and interviews with Vice President Munger's wisdom about his investment methods and business, wealth, and life.
Vice-President Munger described the usual South Korean “ as a penniless in the automotive business ” and “ they worked 84 hours per week without overtime for over 10 years ”. Subsequently, at the same time, all Korean children finished school and returned home, “ Tiger Mom‘ (Tiger Mom• Asian parents who strictly educate their children), studying with tutors four hours from afternoon to evening ’ While ” It's amazing that you lost to those people. Only when you are completely stupid ” added.
In 2014, an interview with the German economic zone, Handelsblatt, also named Korea a new investment. When asked about where the biggest investment opportunities are, “ Asia, first of all Korea and China ”, “ two countries told me that they are like new Germany ”.
Vice President Munger, although it was hidden by President Buffett's famous age, is a person who has been respected by investors around the world with the philosophy of ‘ Value Investor’ he has long practiced.
Berkshire made a statement this day and said that he had received news from the family of vice president “ that he had peacefully at a hospital in California this morning. In a statement, President Buffett mourned that “ would have never been able to build the same status as now, without the inspiration, wisdom, and participation of the dumb.
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‘ A hometown like President Buffett, also known as Omaha's sage ’, he was six years older than Buffett, but he went through his right arm throughout Berkshire's tenure. He sat on the podium alongside President Buffett at Berkshire's annual shareholders' meeting, which told investors how Berkshire invested and his investment philosophy.
CNBC broadcasts estimated that as of earlier this year, Vice President Munger's property would reach $2.3 billion ( and 3 trillion won ).
FAQs
How long did Warren Buffett and Charlie Munger collaborate at Berkshire Hathaway?
Warren Buffett and Charlie Munger collaborated at Berkshire Hathaway for an impressive 99 years.
What was Charlie Munger's perspective on South Korea's automotive industry?
Munger described South Korea as a powerhouse in the automotive business, highlighting the dedication of workers who put in over 84 hours per week.
What did Munger say about Korea in his 2014 interview with Handelsblatt?
Munger identified Korea as a new investment opportunity, stating that it, along with China, resembled the economic prowess of Germany.
What is the estimated net worth of Charlie Munger as per CNBC?
CNBC estimates Charlie Munger's net worth at an impressive $2.3 billion.
How did Warren Buffett react to Munger's passing?
Buffett expressed deep mourning at Munger's passing, acknowledging Munger's crucial role in Berkshire's success.
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