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Munger, who died Tuesday at the age of 99, leaves behind not just an illustrious career as an investor but also a string of jokes and stories that entertained Berkshire Hathaway watchers for decades. Many of the quotes below come from annual meetings of Berkshire Hathaway and are chronicled in CNBC's Warren Buffett archive. Those events — sometimes called "Woodstock for Capitalists" — allowed Berkshire shareholders to ask Buffett and Munger questions about the company. They also gave the investing titans a chance to share wisdom and jokes, often at their own expense. Here's a collection of some of Munger's funniest quotes and life advice, starting with his musings on aging and the proper goals for your own funeral.
Persons: Charlie Munger, Munger, Berkshire Hathaway, CNBC's Warren Buffett, , Buffett Organizations: Berkshire Locations: Woodstock
Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with "economic moats" could help investors shield their portfolios from increasing economic uncertainty. Credit Suisse identified bottom-up opportunities in companies that have high barriers to entry, just as macro risks rise. Credit Suisse has a $250 price target on the company, implying 11.9% upside from Wednesday's closing price of $223.41 per share. McDonald's is "well positioned" to perform regardless of the macro backdrop because of its leading value proposition, according to Credit Suisse.
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