Reported about 1 year ago
Charlie Munger praised Jeff Bezos as an 'amazing human leader' in 2019, comparing him to Singapore's Lee Kuan Yew, but missed out on investing in Amazon due to its complexity and uncertainties. Munger, known for his conservative investment strategy at Berkshire Hathaway, preferred predictability in investments, leading to a missed opportunity despite acknowledging Bezos' leadership. Berkshire's shares saw a 216% increase in the last decade, while Amazon's rose by 1,055%, highlighting Munger's regret over not investing in the ecommerce giant.
Source: YAHOO