(Bloomberg) -- Charles Munger, the vice chairman at Warren Buffett’s Berkshire Hathaway Inc., said it’s too early to say how successful IBM will be in reshaping its business.

“I am neither a believer or a disbeliever,” Munger, 92, said Wednesday of International Business Machines Corp., which is one of Berkshire’s top stock holdings. “They have an old business from which cash continues to flow, but they want a new product that is a hit.”

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