Caricatures of Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, and Charles Munger, vice chairman of Berkshire Hathaway Inc., appear on a sign advertising a special edition package of Heinz ketchup and mustard during the Berkshire Hathaway Inc. annual shareholders meeting in Omaha, Nebraska, U.S., on Saturday, May 2, 2015. More than 40,000 people are expected Saturday at the Berkshire Hathaway annual meeting, which marks Warren Buffett's 50th year running the company.
Caricatures of Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, and Charles Munger, vice chairman of Berkshire Hathaway Inc., appear on a sign advertising a special edition package of Heinz ketchup and mustard during the Berkshire Hathaway Inc. annual shareholders meeting in Omaha, Nebraska, U.S., on Saturday, May 2, 2015. More than 40,000 people are expected Saturday at the Berkshire Hathaway annual meeting, which marks Warren Buffett's 50th year running the company.

Charlie Munger – the ultimate Second Banana: Beth Kowitt

In the wake of Charlie Munger's passing, the esteemed vice chairman of Berkshire Hathaway is celebrated not just for his business acumen and aphorisms,
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In the wake of Charlie Munger's passing, the esteemed vice chairman of Berkshire Hathaway is celebrated not just for his business acumen and aphorisms, but for embodying the essence of a "Great Second Banana" – an equal partner to CEOs, offering counterbalance without the desire for the spotlight. In a world trending towards consolidation of power, Munger's legacy urges a reconsideration of the importance of dissenting voices and the enduring value of having a trusted second banana to keep egos in check and ensure unfiltered feedback.

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By Beth Kowitt

___STEADY_PAYWALL___

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