Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’

Discussion in 'Crypto Assets' started by themickey, May 2, 2021.

  1. VEGASDESERT

    VEGASDESERT

    I recall a good chunk of his interviews are negative, always about whats wrong
    with this that and the other thing.

    Perhaps its a personality thing..
     
    #21     May 3, 2021
  2. Pekelo

    Pekelo

    Hey, if you were that old, you would be cranky too! :)

    On the other hand:

     
    #22     May 3, 2021
  3. newwurldmn

    newwurldmn

    he admitted that he missed on google. He said that he didn’t connect that geico was paying google essentially 5 dollars for every new customer they signed to the business model of google.
     
    #23     May 3, 2021
    johnarb likes this.
  4. newwurldmn

    newwurldmn

    thsts the reason Bitcoin futures have an upward slope. There is actually a cost of carry.
     
    #24     May 3, 2021
    johnarb likes this.
  5. VEGASDESERT

    VEGASDESERT


    97 is the new 90.
     
    #25     May 3, 2021
    cobco likes this.
  6. blink18

    blink18

    He's that old wise financial grumpy cat.
     
    #26     May 3, 2021
  7. destriero

    destriero


    The talking prune probably has a rotary phone in his Gulfstream. FWIW, I agree 100% (and I am certain he cares).
     
    #27     May 3, 2021
  8. both, he is right on and you dead wrong. Plus he is a few billions richer than you. I listen to people who have and still do make wise choices in life. Remind us, who are you again woth your openess to everything new?

     
    Last edited: May 3, 2021
    #28     May 3, 2021
    Master Pu likes this.
  9. What about buffets performance over the entire last 30 years?

     
    #29     May 3, 2021
  10. Gates is now the biggest private landowner in the US. Wait until the crypto fad is over and inflation explodes in our faces and gates again turns out to be the superstar. Cant beat raw intelligence. Especially not with stupidity.

     
    Last edited: May 3, 2021
    #30     May 3, 2021