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Nov 29, 2023

Charlie Munger, Buffett partner and Berkshire vice-chair, dies at 99

Bay Area Times
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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Charlie Munger, Buffett partner and Berkshire vice-chair, dies at 99

  • Berkshire has grown 20% a year since the duo took over in 1965.

  • Famous for his great quips and insights: ā€œWarren, think it over and you’ll agree with me because you’re smart and I’m right.ā€

Poor Charlie's Almanack, a compilation of 11 talks by Munger, is being republished by Stripe Press, out Dec. 5

Stripe Press.

2. Amazon Q, AI chatbot for enterprise, launches in preview at $20/user/mo

Amazon.

  • Same price as ChatGPT Plus, cheaper than Microsoft 365 and Google Duet AI at $30/user/mo.

    • ā€œUses various foundation models from Amazon Bedrock.ā€

  • Amazon also unveiled its new AI chips: Trainium2 (for training) is said to be 4x better than its previous version, while Graviton4 (for inferencing) has 30% better compute performance.

    • Available ā€œsometime next year.ā€

3. 99% of CEOs Don't Have Time

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4. OpenAI's new board not expected to include Microsoft, investors

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