In the wake of Charlie Munger’s recent death, practically everyone in the world of investing has a story about this “Abominable No-Man” (which is how Warren Buffett jokingly referred to his sceptical colleague). Most of those tributes include a number of his laconic quotes, typically going to the heart of a complicated matter with biting wit. I won’t add to the compendium; you’ve read them all. 

But I did meet the great man and his business partner once. In the late 1990s, a few professional fund managers from Cape Town started attending the Berkshire Hathaway AGM in Omaha on a regular basis. The group was initially led by Piet Viljoen, with Walter Aylett and Kokkie Kooyman joining later. They were accompanied by an ever-increasing group of pilgrims from the South African business community as the years went by. ..

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