Munger had served as Berkshire Hathaway 's vice chair since 1978, although he first met Buffett in 1959 at a dinner party and began working informally with him shortly thereafter. In fact, it was Munger who taught Buffett to invest in wonderful companies, trading at fair prices. Having spent decades at the helm of Berkshire with Buffett, there are few who knew about investing or market cycles better than Munger. That's why -- now that investors are getting more worried about the next market crash -- I'm turning to Munger's wisdom to keep me on course.
POLARIS INSIGHTS