In the decades that they have worked together, Buffett shares that the two have never argued, ultimately because of a strong mutual respect that they hold for one another. In 2016, Munger told CNBC that he and Buffett “don’t totally agree on everything, and yet we’re quite respectful of one another.”

“We’ve got an extremely good partnership and business is more fun – just as life is more fun – with a good personal partner and to have a great business partner,” Buffett said. “You know it’s just – we’ve accomplished more but we’ve also had way more fun.”

For latest news and current affairs, visit our current affairs category.