Charlie Munger spent decades arguing that Berkshire Hathaway Inc.'s (NYSE:BRK) (NYSE:BRK) real edge was not secret algorithms or elaborate models, but the stubborn decision to keep things simple and avoid bureaucracy.Simple Businesses And A Tight Circle Of CompetenceIn a 2019 interview with Yahoo Finance, the then–Berkshire vice chairman said, "I can’t think of a single example in my whole life where ‘keeping it simple' worked against us. We’ve made mistakes, but they weren’t because we kept it simple," add ...