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☆ 'Diworsification' and lifelong learning: 3 quotes from Charlie Munger that will make you a better investor
  + stars: | 2023-11-29 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +3 min
Billionaire and investing legend Charlie Munger died on Tuesday at the age of 99. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Buffett said in a statement. Munger was already a wealthy man by the time he joined Buffett at Berkshire Hathaway, and went on to grow his fortune to an estimated $2.3 billion by early 2023. : Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger." Buffett and Munger both got rich making concentrated investments in individual companies, and Munger, in particular, scoffed at financial professionals who spread their bets across an array of names.
Persons: Charlie Munger, Berkshire Hathaway, Warren Buffett's, Buffett, Munger, it's Organizations: Berkshire, Oracle, Berkshire Hathaway, University of Southern California Law, Daily Journal Corporation Locations: Omaha, Munger, Berkshire
☆ Billionaire Charlie Munger: Cryptocurrency is 'crazy, stupid gambling,' and 'people who oppose my position are idiots'
  + stars: | 2023-02-16 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +3 min
It's just ridiculous that anybody would buy this stuff," Munger, 99, told CNBC's Becky Quick during a livestream of the event, adding: "It's totally absolutely crazy, stupid gambling." "I think the people who oppose my position are idiots, so I don't think there is a rational argument against my position," he said. Munger's comments come amid an avalanche of problems for crypto investors over the past year. He's previously urged the U.S. government to ban cryptocurrencies, and may partially get his wish as the crypto industry faces rising regulatory crackdowns. "In other words, an adviser may custody crypto assets at a bank, but banks are cautioned by their regulators not to custody crypto assets," Uyeda wrote.
☆ Charlie Munger on crypto: It's ridiculous anybody would buy this 'massively stupid' stuff
  + stars: | 2023-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharlie Munger on crypto: It's ridiculous anybody would buy this 'massively stupid' stuffBillionaire investor and Berkshire Hathaway Vice Chairman Charlie Munger speaks at the Annual Shareholders Meeting of the Daily Journal Corporation.
☆ Charlie Munger weighs in on ChatGPT3: Artificial intelligence is not going to cure cancer
  + stars: | 2023-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharlie Munger weighs in on ChatGPT3: Artificial intelligence is not going to cure cancerBillionaire investor and Berkshire Hathaway Vice Chairman Charlie Munger speaks at the Annual Shareholders Meeting of the Daily Journal Corporation.
☆ Charlie Munger on BYD versus Tesla: This carmaker is so ahead of Tesla in China, it's ridiculous
  + stars: | 2023-02-15 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharlie Munger on BYD versus Tesla: This carmaker is so ahead of Tesla in China, it's ridiculousBillionaire investor and Berkshire Hathaway Vice Chairman Charlie Munger speaks at the Annual Shareholders Meeting of the Daily Journal Corporation.
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