Charlie Munger's Legacy: Nithin Kamath, Porinju Veliyath, Others React After Ace Investor Dies At 99

Several Indian businesspeople and financial experts shared their thoughts on the death of legendary investor Charlie Munger.

What Happened: Charlie Munger, investing sage and confidant to Warren Buffett, died at the age of 99 on Tuesday. Munger’s philosophy and wisdom have had a profound impact on many investors and entrepreneurs.

Nithin Kamath, CEO of Zerodha, expressed his deep admiration for Munger, highlighting the massive influence Munger’s ideas had on him professionally.

Kamath reminisced about the impact of Munger’s ideas on his professional life in a tweet on Tuesday. He shared snippets from an article he had written about Munger in the previous year’s business update.

"I had written this about Mr. Charlie Munger in last year's business update. His ideas have had a tremendous influence on me professionally. You'll be missed, Mr. Munger. 🖤"

I have been reading and listening to quite a bit of Charlie Munger over the last few days. Every time I…

— Nithin Kamath (@Nithin0dha) November 29, 2023

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The Zerodha CEO also shared several of Munger’s quotes that resonated with him. These include principles like keeping things simple to avoid trouble, valuing passion over brainpower and maintaining reputation and integrity.

Kamath also cited the importance of deserving what you want and being prepared for life’s hardships. He noted Munger’s thoughts on helping others gain knowledge and the concept of a cheerful pessimist.

Renowned investor Anand Sridharan also highlighted the legacy Munger left behind, praising him not just for his investment acumen, but also his impact on cognitive approach.

Anand Sridharan shared his admiration for Charlie Munger’s exceptional qualities on X. He emphasised Munger’s rationality, judgment, and bluntness, stating that he “didn’t merely teach us how to invest, he showed us how to think.”

Munger epitomized 3 traits– rationality, judgment, bluntness. He saw the world as it actually was. He saw through the world, to distil its essence. He said it as he saw it. He didn't merely teach us how to invest, he showed us how to think.
My eulogy …https://t.co/7KketQ5FH2

— Buggy Human (@SridharanAnand) November 29, 2023

Other renowed finance stalwarts like Porinju Veliyath, D. Muthukrishnan and Radhika Gupta also posted tweets of condolence and remembrance for Munger.

"You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time."
Rest In Peace Charlie Munger! pic.twitter.com/CdtNQf5RfQ

— Porinju Veliyath (@porinju) November 29, 2023

Rarely wake up at this time. Happened to immediately see the news. Charlie Munger has just passed away at the age of 99. He would have been 100 coming January. An era has come to an end.

He was Buffett's partner for nearly 6 decades and has contributed equally to the success of…

— D.Muthukrishnan (@dmuthuk) November 28, 2023

"Life will have terrible blows, horrible blows, unfair blows. Doesn't matter. And some people recover and others don't. Every mischance in life is an opportunity to behave well, an opportunity to learn something and your duty is not to be submerged in self-pity, but to utilize…

— Radhika Gupta (@iRadhikaGupta) November 29, 2023

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