It is undoubtedly the end of an era. Charlie Munger, a titan of the investment world and a visionary in business leadership, died on November 28, 2023, in Santa Barbara, California, at the age of 99. He was a man whose life and career were inextricably linked with that of investment legend Warren Buffett, his long-time business partner and friend. He would have turned 100 on New Year’s Day.
Warren Buffett's investment in Apple is becoming increasingly lucrative, with the technology giant's stock price surging nearly 50% this year. Buffet's Berkshire Hathaway now holds a 5.8% stake valued at nearly $180 billion. The conglomerate initially purchased the majority of these shares for $31 billion, resulting in an impressive paper profit of nearly six-fold.