Warren Buffett's annual letter to Berkshire Hathaway shareholders is out, and as usual, it brought many significant pearls of wisdom. Among other topics, he outlined a pair of newer investments that he feels will play major roles in the long-term future of Berkshire.
However, Buffett started his letter with a tribute to his long-time partner Charlie Munger, who passed away in November about a month before turning 100.
Tribute to Charlie Munger by Warren Buffett
Buffett credits Munger with being the "architect of Berkshire Hathaway, recalling their entire history together. He first Munger in 1959 when Munger was 35...