2019-3-1 02:31

While answering questions at Los Angeles-based news outlet Daily Journal Corp’s annual meeting, Charlie Munger, Vice Chairman of investment giant Berkshire Hathaway and longtime partner of fellow billionaire Warren Buffett, took a thinly-veiled shot at Elon Musk, founder and CEO of automobile company Tesla Inc.

Munger, who serves as the chairman of Journal Daily Corp, has gained worldwide acclaim as a successful investor and is also seen as a “sage” who gives some of the best investment advice. At the annual meeting, Munger was asked by a company shareholder about his proverb, where he once famously said he would rather

The post Billionaire Charlie Munger Destroys Elon Musk’s Hyperinflated Sense of IQ appeared first on CCN

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Источник: ccn.com

99 Year Old Charlie Munger Calls for Crypto Ban

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For thousands of years, the old age is the oldest way to save the future for the future

Some experts, including CEOs and Wall Street heavyweights, say the digital currency has run its course. Berkshire Hathaway’s Charlie Munger has called bitcoin “worthless, artificial gold,” adding that it’s “not something I think the world needs.

Bitcoin, More Like ‘Bitcon’ Will Soon Become Zero, Says Economics Professor

Another ‘nocoiner’ academic has lent his voice to the Bitcoin doomsday FUD, calling Bitcoin a “con. ” Since the emergence of cryptocurrency into the public sphere, there has been no shortage of critics and unbelievers.

Though recent struggles, Bitcoin is still positioned well as a universal currency

Other cryptocurrencies, such as Ethereum, XRP (aka Ripple) and Litecoin, have suffered similar gut-wrenching drops in the past few months. Legendary investors Warren Buffett and Charlie Munger of Berkshire Hathaway (BRKB) have warned investors to stay away from cryptocurrencies as a result.

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Billionaire Charlie Munger Destroys Elon Musk’s Hyperinflated Sense of IQ

2019-3-1 02:31

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