Charlie Munger (born January 1, 1924) is an American businessman, investor, and philanthropist.
1996:
- Munger becomes Vice Chairman of Berkshire Hathaway, Warren Buffett's conglomerate.
- Berkshire's market value surpasses $100 billion.
1997:
- Munger delivers a speech at Harvard Law School, emphasizing the importance of multidisciplinary thinking.
- Berkshire acquires GEICO insurance company for $2.3 billion.
1998:
- Munger invests in Blue Chip Stamps, a Berkshire subsidiary.
- Berkshire's net worth grows to $120 billion.
1999:
- Munger is named one of the most influential people in finance by Forbes.
- Berkshire acquires Jordan's Furniture for $150 million.
2000:
- Munger delivers a speech at the University of Southern California, discussing the importance of ethics in business.
- Berkshire invests $500 million in Level 3 Communications.
2001:
- Munger emphasizes the dangers of excessive leverage and derivatives.
- Berkshire acquires Shaw Industries for $2.1 billion.
2002:
- Munger's net worth grows to $1.3 billion.
- Berkshire invests $1.2 billion in Fruit of the Loom.
2003:
- Munger delivers a speech at the Harvard Law School, discussing the psychology of human misjudgment.
- Berkshire acquires Clayton Homes for $1.7 billion.
2004:
- Munger's net worth reaches $2.5 billion.
- Berkshire invests $1.3 billion in Anheuser-Busch.
2005:
- Munger donates $43 million to the University of Michigan.
- Berkshire acquires PacifiCorp for $5.1 billion.
2006:
- Munger emphasizes the importance of discipline and patience in investing.
- Berkshire invests $4 billion in POSCO, a South Korean steel company.
2007:
- Munger delivers a speech at the University of California, discussing the dangers of groupthink.
- Berkshire acquires Marmon Group for $4.5 billion.
2008:
- Munger's net worth declines to $1.3 billion due to the global financial crisis.
- Berkshire invests $5 billion in Goldman Sachs and $3 billion in General Electric.
2009:
- Munger emphasizes the importance of adaptability in investing.
- Berkshire acquires Burlington Northern Santa Fe for $26.5 billion.
2010:
- Munger's net worth grows to $1.8 billion.
- Berkshire invests $3 billion in BYD Company, a Chinese electric car manufacturer.
2011:
- Munger delivers a speech at the University of California, discussing the importance of lifelong learning.
- Berkshire acquires Lubrizol for $9.7 billion.
2012:
- Munger's net worth reaches $2.5 billion.
- Berkshire invests $5.6 billion in IBM.
2013:
- Munger emphasizes the importance of a multidisciplinary approach to investing.
- Berkshire acquires H.J. Heinz Company for $23.3 billion.
2014:
- Munger's net worth grows to $3.3 billion.
- Berkshire invests $3.3 billion in Van Tuyl Group, an auto dealership chain.
2015:
- Munger delivers a speech at the Daily Journal Corporation meeting, discussing the importance of ethics and integrity.
- Berkshire acquires Precision Castparts for $37.2 billion.
Please note that this biography focuses on Charlie Munger's professional life and investments from 1996 onwards. If you'd like more information or earlier years, feel free to ask!
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