Exclusive | The Untold Story of Charlie Munger’s Final Years - WSJ

kept by eddie nov 27, 25

In the year before his death, Charlie Munger made over $50 million from a bet on shunned industry, increased real-estate activities, and questioned if Moore's Law applies to AI.

Nobody gets promoted for simplicity
The HN discussion argues that engineers who build simple, maintainable systems are overlooked for promotion because their work lacks the visible complexity needed for compelling promotion narratives.
also on Charlie Munger
Greg Abel finally puts Buffett’s cash pile to work
Greg Abel, Warren Buffett’s successor at Berkshire Hathaway, is deploying the conglomerate’s massive cash reserves into strategic acquisitions and investments after years of conservatism.
also on Warren Buffett, Berkshire Hathaway, #investing, #business-strategy
Berkshire Hathaway portfolio changes: How the new stocks are trading
Berkshire Hathaway disclosed a $2.6 billion Delta Air Lines stake and increased its Alphabet position, with several stocks rising on the news.
also on Warren Buffett, Berkshire Hathaway, #business-strategy
Why Tokens Can’t Compound - by Santiago Roel Santos
Crypto tokens fail to compound value because they are legally designed as non-equity instruments with no reinvestment mechanism, unlike businesses that compound through capital allocation.
also on Berkshire Hathaway, #investing
The Google Capital Company – Stratechery by Ben Thompson
Google raises $80B in equity, including $10B from Berkshire Hathaway, to fund AI capex, signaling demand vastly exceeds expectations and capital is becoming a commodity.
also on Berkshire Hathaway, #business-strategy