Gold's Bright and Shiny Surge 11/28/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 28 November 2023
⏱️ 45 minutes
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| 0:00.0 | Live from the Nasak Market side in the heart of New York City's Times Square. |
| 0:04.0 | This is Fast Money. I'm Melissa Lee. Coming to you live from Studio B at the Nasak on the |
| 0:08.1 | Des Moines, |
| 0:10.1 | Nite, D'Anathamie, and Julie Beal. We've got breaking news at this hour, Charlie Munger, |
| 0:14.0 | Warren Buffett's right-hand man and the former vice chairman of Berkshire Hathaway |
| 0:17.6 | has passed away at the age of 99. He was just over a month away from turning 100 years old. |
| 0:24.4 | Our Becky quick looks back at Munger's long life |
| 0:27.0 | and his under-recognized role in helping Warren Buffett |
| 0:29.7 | become one of the richest people on earth. |
| 0:34.1 | Charlie Munger was best known as Warren Buffett's right-hand man. |
| 0:37.6 | They're investing partnership dating back decades. |
| 0:40.2 | I would say that every time I'm with Charlie, |
| 0:42.3 | I've got at least some new |
| 0:43.4 | slant on an idea that that causes me to rethink certain things and |
| 0:49.4 | we've had absolutely we've had so much fun in the partnership over the years. |
| 0:54.2 | It's been almost hilarious. |
| 0:56.5 | It's been so much fun. |
| 0:58.2 | Buffett credits the Berkshire Hathaway Vice Chairman with teaching him the importance of paying up for high quality |
| 1:03.7 | businesses. When he weaned me away from the idea of buying very social |
| 1:10.2 | companies at very cheap prices knowing that there was some small profit and looking |
| 1:15.3 | for really wonderful businesses that we could buy in fair prices. |
| 1:18.2 | It's not that much fun to buy a business where you really hope this sucker liquidates before it goes broke. |
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