Years ago, Charlie Munger made it crystal clear: don't expect the next Berkshire Hathaway leader to be another Warren Buffett. And honestly? He was fine with that.



Munger wasn't being pessimistic—he was being realistic. After decades of Buffett's track record, the market kept hunting for a clone. But that's not how succession works. Different eras, different challenges, different skill sets required.

He'd pointed this out long before the actual transition started happening. The brilliance Buffett displayed over those decades? Lightning in a bottle. Wanting to replicate that exact magic is setting up any successor for impossible expectations.

The real lesson here: sometimes institutional strength comes from evolution, not duplication. A new leader brings new capabilities to the table—that's not failure, that's adaptation.
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ETHmaxi_NoFiltervip
· 01-14 01:58
Munger's words are truly brilliant. Don't be foolish, everyone. There is no second Buffett in this world, and even if there is, it wouldn't be Berkshire Hathaway. The copycat fanatic can only copy into a poor imitation. In the new era with new rules, who is still using the methods from the 1980s?
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LiquidationWizardvip
· 01-14 01:55
Munger is right. Trying to find another Buffett is purely wishful thinking. Different eras have different game rules, and forcibly copying them will only drive people crazy.
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consensus_whisperervip
· 01-14 01:52
Munger is right, copying Buffett is a false proposition. True geniuses simply cannot be copied.
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MoonBoi42vip
· 01-14 01:41
Munger's words are so clear-headed; others dreaming of copying Buffett is simply wishful thinking. Every era is different. Using past standards to judge newcomers is just making things difficult for oneself. A new leader has new strategies, isn't that enough? Insisting on copying methods from decades ago is what success looks like? That’s called stagnation. --- Can copying and pasting produce a genius? Wake up, this isn’t Ctrl+C. --- That’s why many companies are declining generation after generation; they think they only win when the next Buffett appears. Where’s their brain? --- Too many people are blinded by past performance, forgetting that the environment has long changed. --- Well said, adaptation > copying, it’s that simple. --- In my opinion, the market just wants to see the next miracle, but miracles are meant to look different. --- This is true wisdom; not every successor wants to be just a shadow of someone else.
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ZKSherlockvip
· 01-14 01:30
actually... people keep missing munger's point here. it's not about finding buffett 2.0, it's about understanding that institutional resilience operates differently than individual genius replication. kinda like how zero-knowledge systems don't work by copying the prover—they need different cryptographic primitives for each context, y'know?
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