New Delhi, Jan. 5 -- Billionaire investor this month handed over the reins of Berkshire Hathaway to successor Greg Abel, and amid this his various life advice and investment mantras are gaining even more popularity on social media.

In a viral post on X (formerly Twitter), one user noted that 95-year-old Warren Buffett's key advice on avoiding major mistakes, was borrowed from dear friend and business partner, the late Charlie Munger.

The advice that Charlie Munger gave was retrospective and thoughtful: "Write your obituary the way you want it written and then live your life accordingly."

Speaking at the Berkshire Hathaway annual shareholders meeting press conference in 2023 and answering a question on how to avoid major mistakes in lif...