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Author: nola622 ✶  😊 😞
Number: of 15062 
Subject: Charlie FT interview
Date: 04/30/2023 9:43 AM
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https://www.ft.com/content/da9f8230-2eb1-49c5-b63a...
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Author: WEBspired ✭  😊 😞
Number: of 15062 
Subject: Re: Charlie FT interview
Date: 04/30/2023 2:33 PM
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Thanks nola622! Very good read & Classic Charlie! I've heard a Lot of concern from many wrt commercial RE risk. Interesting Excerpt:

'On his own imprint on the world, Munger said: 'I would like my legacy to be a more relentless determination to develop and use what I call an uncommon sense.''
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Author: BreckHutHigh ✧  😊 😞
Number: of 15062 
Subject: Re: Charlie FT interview
Date: 04/30/2023 9:26 PM
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"Munger also took aim at his own industry, hitting out at a 'glut of investment managers that's bad for the country'. Many of them are little more than 'fortune tellers or astrologers who are dragging money out of their clients' accounts, which [is] not being earned by any useful service'.

Gotta love Charlie.

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Author: Blackswanny   😊 😞
Number: of 15062 
Subject: Re: Charlie FT interview
Date: 05/01/2023 3:39 AM
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And

Where Buffett has emphatically told Berkshire shareholders to 'never bet against America', Munger is more cautious. 'I do not think that we can take it as a given that American democracy will prosper and flourish forever,' he said. 'But I think we'll stumble through pretty well for quite a while yet.'

And

also worth a watch with Ray Dalio. All the cycles stuff I've heard before. However the most interesting bit was towards the end of the interview where he runs through the history of Taiwan and that it's the US that are being inflammatory toward China, containment etc etc.

I watched the whole interview yesterday but for those interested 1hr 42 mins on.

https://youtu.be/lPYmD7CyHlY
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