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Investing · 1924–2023
Charlie Munger
Vice chairman of Berkshire Hathaway
Warren Buffett's business partner for more than four decades. A lawyer by training, he argued for buying wonderful businesses at fair prices rather than fair businesses at wonderful prices, and for thinking with a broad set of mental models drawn from many disciplines. His talks and sayings are collected in Poor Charlie's Almanack.
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Investing · Born 1930
Warren Buffett
Chairman of Berkshire Hathaway
A student of Benjamin Graham who turned Berkshire Hathaway from a struggling textile mill into one of the largest companies in the world, by owning good businesses for the long term. His annual letters to shareholders are among the most widely read writing on investing and business.
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Investing · Nomad, 2001–2014
Nick Sleep & Qais Zakaria
The Nomad Investment Partnership
Partners who met at Marathon Asset Management in London and ran the Nomad Investment Partnership together. They held a handful of companies for many years, most famously Costco and Amazon, and described the idea of scale economies shared: businesses that pass the savings from growing larger back to their customers. They closed the partnership in 2014 to give their time to philanthropy. Their collected letters to partners are freely available.
In the journal
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Technology · 1955–2011
Steve Jobs
Co-founder of Apple
Co-founded Apple in 1976, was pushed out in 1985, founded NeXT and led Pixar, then returned in 1997 to lead Apple through the iMac, iPod, iPhone and iPad. He is remembered for insisting that technology be simple, well made and built around the person using it.
In the journal
Photographs, resized, via Wikimedia Commons: Charlie Munger by Nick Webb ( CC BY 2.0 ); Warren Buffett by U.S. International Trade Administration (public domain); Steve Jobs by Matthew Yohe ( CC BY-SA 3.0 ).
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