Munger and Buffet are billionaires. Billionaires seek to increase their wealth. This is because they have an insatiable appetite for wealth. This is the primary reasons for their wealth and one reason why they didn't stop and retire at ~10M. The other reason for their wealth, especially as they move around large balance sheets of billions, is corporatized Hegelian dialectics. The most efficient way to make extreme wealth is manufacturing a problem and then selling the solution. Billionaires capitalize off this as its the area of least resistance (they can dramatically improve their probability of money making success). Now I'm not saying Munger and Buffet are profiting off Hegelian dialectics. I'm just saying that its one strategy that billionaires can use to make money especially as we 'coincidentally' march towards an increasingly globalized world (which billionaires can more easily control and profit off of).