5 ms·

Wow, not sure why this surprises me, but I guess I figured he would be like Charlie and keep working until he passed.

Lammy 1y ago
Had to look this up because I am not rich enough to be on a first-name basis with my close personal billionaire friend Charles Thomas Munger https://en.wikipedia.org/wiki/Charlie_Munger https://en.wikipedia.org/wiki/Charlie_Munger
- palmotea 1y ago
  > Had to look this up because I am not rich enough to be on a first-name basis with my close personal billionaire friend Charles Thomas Munger https://en.wikipedia.org/wiki/Charlie_Munger https://en.wikipedia.org/wiki/Charlie_Munger It's almost certain that the GP isn't either, and is only parasocially on a first name basis.
- danielmarkbruce 1y ago
  "had to look this up because i've been living under rock"
  - pests 1y ago
    Everyone lives under a rock, just different rocks. I'm sure there is plenty you don't know too.
    - danielmarkbruce 1y ago
      Yeah but most people don't go around making out that anything they don't know is some esoteric thing that should be laid out in detail for them personally.
      - Lammy 1y ago
        Tell Ray I said “hey” when you see him at the Summer Jinks this year
rufus_foreman 1y ago
I would assume this means that he is not in great health. Hopefully I'm wrong and he just decided that 85 years or so of hustling for dollars was enough.
- unsnap_biceps 1y ago
  At 94, if he had a health concern, I don't think he'd be planning out 7 months for stepping down.
  - Supermancho 1y ago
    I heard he has a knack for prediction. Pair that with advantageous events (or prior to) and 7mo ahead is the result of a calculation.
    - unsnap_biceps 1y ago
      Sure, but at his age, heath issues spiral out of control very very very fast. I fully expect that he doesn't have a specific health concern right now and is planning ahead because if he did have a specific health issue, I don't expect that he would be able to plan 7 months ahead.
      - 0cf8612b2e1e 1y ago
        I suspect there has been succession a plan in place for at least 20 years.
  - nabla9 1y ago
    He probably took a health insurance and plans to cash in.
  - paulpauper 1y ago
    Stepping down ASAP would look worse than doing it 7 months out
    - 1y ago
andsoitis 1y ago
You want an orderly succession.
bloodyplonker22 1y ago
The difference is that Charlie didn't have his partner die.
danielmarkbruce 1y ago
I bet he does. He has money outside berkshire and I'm sure the thought of spending hours every day investing his own money in smaller things, taking more risks etc sounds like fun.

Had to look this up because I am not rich enough to be on a first-name basis with my close personal billionaire friend Charles Thomas Munger https://en.wikipedia.org/wiki/Charlie_Munger https://en.wikipedia.org/wiki/Charlie_Munger

palmotea 1y ago
> Had to look this up because I am not rich enough to be on a first-name basis with my close personal billionaire friend Charles Thomas Munger https://en.wikipedia.org/wiki/Charlie_Munger https://en.wikipedia.org/wiki/Charlie_Munger It's almost certain that the GP isn't either, and is only parasocially on a first name basis.
danielmarkbruce 1y ago
"had to look this up because i've been living under rock"
- pests 1y ago
  Everyone lives under a rock, just different rocks. I'm sure there is plenty you don't know too.
  - danielmarkbruce 1y ago
    Yeah but most people don't go around making out that anything they don't know is some esoteric thing that should be laid out in detail for them personally.
    - Lammy 1y ago
      Tell Ray I said “hey” when you see him at the Summer Jinks this year

rufus_foreman 1y ago

I would assume this means that he is not in great health. Hopefully I'm wrong and he just decided that 85 years or so of hustling for dollars was enough.

unsnap_biceps 1y ago
At 94, if he had a health concern, I don't think he'd be planning out 7 months for stepping down.
- Supermancho 1y ago
  I heard he has a knack for prediction. Pair that with advantageous events (or prior to) and 7mo ahead is the result of a calculation.
  - unsnap_biceps 1y ago
    Sure, but at his age, heath issues spiral out of control very very very fast. I fully expect that he doesn't have a specific health concern right now and is planning ahead because if he did have a specific health issue, I don't expect that he would be able to plan 7 months ahead.
    - 0cf8612b2e1e 1y ago
      I suspect there has been succession a plan in place for at least 20 years.
- nabla9 1y ago
  He probably took a health insurance and plans to cash in.
- paulpauper 1y ago
  Stepping down ASAP would look worse than doing it 7 months out
  - 1y ago

andsoitis 1y ago

You want an orderly succession.

bloodyplonker22 1y ago

The difference is that Charlie didn't have his partner die.

danielmarkbruce 1y ago

I bet he does. He has money outside berkshire and I'm sure the thought of spending hours every day investing his own money in smaller things, taking more risks etc sounds like fun.