Charlie Munger, the longtime business partner of Warren Buffett and the Vice Chairman of Berkshire Hathaway (BRK-A, BRK-B), died on Tuesday at the age of 99. Smead Capital Management CEO Cole Smead and Annandale Capital Co-Founder George Seay joined Yahoo Finance Live to reflect on Munger's legacy. Smead said Munger "reinforced time and time again... the idea that here we are on Earth, all we're really doing is learning to learn. He talked about using multiple models in how you think about things. It's an interdisciplinary world that we deal in because it's so complex... you'll rarely find someone like Charlie who wanted to read so much, wanted to learn so much." Smead also noted that Munger "pointed out that you don't do great things in your life. Most of the success in your life is not doing stupid things or what he called ignorance avoidance." Seay called Munger "super special" and that, in addition to being a "great investor" with Buffett, Munger was a "brilliant attorney... He was kind of a Renaissance man." When it comes to Berkshire Hathaway's future, Seay is not concerned. "I think the future of Berkshire is exceptional," Seay says, adding that he hopes the company is kept together because its "future is bright." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.