Berkshire Hathaway has been one of the most incredible compounding machines the investment world has ever seen. But the company's success story is far more complex than people often realize.
Berkshire didn't become a giant conglomerate overnight. It took decades of hard work on the part of Warren Buffett to transform the business into the company we see today. It also helped make the fortune of Charlie Munger, who is also considered a great investor.
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However, Munger entered the picture much later than Buffett, which is why his ownership in Berkshire, and as a result, his net worth, has always been significantly below...
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