Charles T. Munger, Much More Than Warren Buffett's No. 2, Dies at 99
查尔斯·托马斯·芒格去世,享年99岁。他远不止是沃伦·巴菲特的副手。
By Andrew Ross Sorkin and Robert D. Hershey Jr.
Charles T. Munger, who quit a well-established law career to be Warren E. Buffett's partner and maxim-spouting alter-ego as they transformed a foundering New England textile company into the spectacularly successful investment firm Berkshire Hathaway, died on Tuesday in Santa Barbara, Calif. He was 99.
查尔斯·托马斯·芒格(Charles T. Munger)周二于加州圣巴巴拉去世,享年99岁。他曾是一名成就卓越的律师,但却选择辞去原来的工作,成为沃伦·爱德华·巴菲特(Warren E. Buffett)的合伙人,也是他金句频出的挚友。两人联手将一家苦苦挣扎的新英格兰纺织公司转型成了极其成功的投资公司——伯克希尔·哈撒韦。
Although overshadowed by Mr. Buffett, who relished the spotlight, Mr. Munger, a billionaire in his own right— Forbes listed his fortune as $2.6 billion this year— had far more influence at Berkshire than his title of vice chairman suggested.
尽管被享受聚光灯的巴菲特盖过了风头,但芒格在伯克希尔的影响力远远不止于他副董事长的头衔。他本身就是亿万富翁,福布斯今年将他的财产列为26亿美元。
Mr. Buffett has described him as the originator of Berkshire Hathaway's investing approach.“The blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices,“ Mr. Buffett once wrote in an annual report.
巴菲特称芒格为伯克希尔·哈撒韦投资方针的鼻祖。他曾在一份年度报告中写道:“他(指芒格)给我的蓝图很简单:抛弃你原来的想法——以极低的价格买入一家还凑合的企业,相反,应该以合理的价格买入一家出色的企业。”
Mr. Munger, an erudite man who sprinkled his conversations with references to Cicero, Albert Einstein, Mark Twain and Confucius, was widely known for his witty common-sense maxims, so much so that they were called Mungerisms and collected in books, including “Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger“(2005).
芒格学识渊博,在谈话中时不时引用西塞罗、爱因斯坦、马克·吐温和孔子。他以机智而诙谐的常识性箴言闻名于世,金句是如此之多,甚至被称为“芒格主义”并收录在书中,包括2005年出版的《穷查理宝典:查理·芒格智慧箴言录》。
Mr. Munger was often viewed as the moral compass of Berkshire Hathaway, advising Mr. Buffett on personnel issues as well as investments. His hiring policy:“Trust first, ability second.“
芒格经常被视为伯克希尔·哈撒韦公司的行事准则,在人事问题和投资方面为巴菲特提供建议。他的招聘方针是:“信任第一,能力第二。”