Published on 29 Dec 2023 on Business Insider via Yahoo Finance
The late Charlie Munger quietly built a $300 million stock portfolio from scratch at a small...
Charlie Munger (right) and Warren Buffett.Scott Morgan/Reuters
Charlie Munger built a $300 million stock portfolio from scratch at a small newspaper publisher.Daily Journal Corporation warned the investor's death will likely weigh on its future returns.Warren Buffett's business partner had racked up $138 million in paper profits as of September.
Charlie Munger quietly built a $300 million stock portfolio at a little newspaper publisher, which warned its shareholders this week not to expect the same stellar returns following the legendary investor's death in November.