Charlie Munger is Warren Buffett's right-hand man and partner at Berkshire Hathaway. The duo has worked together for decades, but they both have relatively different investment principles.
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Indeed, while Buffett is often considered an incredibly patient long-term investor, his patience is nothing compared to Munger's.
Charlie Munger's strategy
Like Buffett, Munger ran his own investment partnership before coming to Berkshire Hathaway in the late '70s.
Over its life, from 1962 to 1975, Munger's partnership returned an average of 24.3% per annum, compared to the Dow Jones Industrial Average, which returned 6.4% over the same period.
Munger and Buffett's partnerships operated around the same time, but the...
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