Charlie Munger influenced 3 generations of my family: Damani

Veteran investor Ramesh Damani said Charlie Munger, who passed away on Tuesday, influenced three generations of his family. "One of the examples that he taught us is that instead of buying a fair business at a wonderful price...buy a great business...and pay a fair price for that," Damani said. "Munger always called a spade a spade," he added.