Munger is billionaire investor Warren Buffett's right-hand man, and Buffett consults him on every major move.
"When we ran it off, it didn't run off at anything like book value, " Munger says.
Mr. Buffett said he and Vice Chairman Charlie Munger continue to hunt for big deals.
Competing ballot measure Prop. 38, backed by Molly Munger, the daughter of Charlie Munger Sr.
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Messrs Buffett and Munger are Midwesterners who grew up a few miles from each other.
Messrs Buffett and Munger seem to get along effortlessly, as if joined by a chemical bond.
Munger Sr. (Munger Sr. is vice chairman under Warren Buffett at Berkshire Hathaway).
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Mr. Buffett's long-time partner, Berkshire vice chairman Charlie Munger, was blunter in his criticisms of Wall Street.
In many ways Hawkins and Cates come off as the Southern versions of Warren Buffett and Charlie Munger.
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The mouse study was done by Steven Munger, a neurobiologist at the University of Maryland, and his colleagues.
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Buffet and Munger subsequently served a few years on the US Air board.
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As you might have heard, Warren Buffett and Charlie Munger recovered nicely, too.
Buffett and Munger are also Board members and Buffet holds dual titles of CEO and Chairman of the Board.
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Throughout his career he refused to swing at pitches right there in the strike zone which illustrates a further point Munger makes.
Munger's one-liners are blunt and acidic, indicating he doesn't suffer fools gladly.
Using data dating all the way back to 1985, Munger has pinpointed 2004 as the breaking point where volatility was finally unleashed.
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Buffett and Munger care not a whit for the direction of the market, other than to revel in the opportunities afforded by falling stock prices.
But Mr Buffett adores the limelight whereas Mr Munger prefers the shadows.
To call Buffett and Munger hands off is not a stretch, but it hardly means Brooks is not expected to deliver on expectations.
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Berkshire Vice Chairman Charlie Munger pointed out that Buffett made an exception to his usual investing habits for newspapers because he likes them.
Buffett and Munger stand by their investment in electric car maker BYD in spite of, according to Reuters, product delays and declining sales.
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He said there have been larger gifts to other U.S. universities, but he's unaware of any as large as Munger's for such a purpose.
But I got a chance to compare the younger gagster Buffett with his older, more curmudgeonly sidekick, Charles Munger, a Los Angeles attorney and investor.
By the way, the Costco board also includes at least two other prominent tub-thumpers for higher taxes William Gates Sr. and Charles Munger.
Likewise Munger's blunt and not-so-polite responses to stupid questions were entertaining.
The problem is Warren Buffett and Charlie Munger are the corporation.
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After all, as he told CNBC, Charlie Munger did it.
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On Sunday, after a private brunch for old-time Berkshire holders, Buffett will lead a sing-along outside of Borsheim's, before he and Munger host a three-hour press conference.
Mr. Munger placed the blame on lax or dysfunctional government regulations, comparing the relationship between banks and regulators to that between a tiger and a tiger keeper.
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