Legendary investor Charlie Munger has entrusted a stake of his personal wealth to a Melbourne-based investment company and endorsed the founder as a “soulmate” of Berkshire Hathaway.
Mr Munger told The Australian Financial Review in an exclusive interview that the little-known Stonehouse Corporation, run by American-turned-Australian Charles Jennings, was successfully emulating the Berkshire “playbook” to acquire and
The article is for subscribers only and that’s all I can read for free.
The website for Stonehouse is interesting. Much of it seems inspired by Berkshire and its owners handbook.
Anyone here knowledgeable about Charles Jennings and Stonehouse, please share your thoughts and links. Thanks.