BULLS & BEARS: Buffett colleague Munger is also a man of wisdom
I am reading the book “Poor Charlie’s Almanack,” edited by Peter Kaufman. It’s mostly a compilation of advice from Charlie Munger, vice chairman of Berkshire Hathaway and chairman of Wesco Financial, which is 80-percent owned by Berkshire. Munger, 81, owns Berkshire Hathaway stock worth $1.6 billion. Like Berkshire Chairman Warren Buffett, Munger hails from Omaha and as a youngster worked at the Buffett and Son grocery owned by Warren’s grandfather. The two were reacquainted in the early 1960s and became…