Chinese social media mourns Charlie Munger, who said BYD was his best investment

News Snapshot:

Hong Kong CNN — Chinese social media users are mourning the death of billionaire investor Charlie Munger. The vice chairman of Berkshire Hathaway passed away “peacefully” on Tuesday morning in a California hospital, according to a press release by the investment firm. No cause of death was given. The 99-year-old investor often spoke highly of China, and remained a firm supporter despite the country’s recent economic troubles. “The Chinese economy has better future prospects for the next 20 years than almost any other big economy,” he said in an interview this year with the Acquired podcast. On Wednesday, tens of...