New Delhi, March 15 -- Charlie Munger, the longtime vice chairman of Berkshire Hathaway and the closest investing partner of Warren Buffett, was widely known as one of the most influential thinkers in modern investing.

A lawyer by training, he helped build Berkshire's investment philosophy by encouraging a shift from buying merely cheap companies to investing in high-quality businesses with durable competitive advantages.

His emphasis on rational thinking, multidisciplinary learning, and patience has influenced generations of investors across the world.

Munger's quote - "One of the greatest ways to avoid trouble is to keep it simple" - reflects a core principle that guided his investment decisions all these years. The present-day finan...