Munger On Inflation: ‘The Biggest Long-Range Danger Apart From Nuclear War’
- February 19, 2022
- Posted by: MasterAdmin
- Category: Altcoins
In this era of PR and pandering, confusion and Covid, it’s always refreshing to hear from Charlie Munger, vice chairman of Berkshire Hathaway, to get his sense of which way is up.
He’s 98 now, but hardly lacking for brainpower or bluntness. At the annual meeting of The Daily Journal, the media-tech company he chairs, he had plenty to say about the current moment, from crypto to memestocks (“a speculative mess and a speculative orgy”), index funds (“I think the world of Larry Fink, but I’m not sure I want him to be my emperor”) to virtual meetings (“It’s an amazing thing what you can do on a telephone”) during the livestreamed session with investors, and also in a follow-up interview with Yahoo Finance.…