While discussing about the things that you know nothing of and your opinion gets unexpectedly challenged, don't worry - you're not alone. An equivalent of argument exchange on forum, just in spoken words. timestamped
off topic, but watching these two bash cryptocurrency while millionaires are being made daily is unbearable. Buffet: "jUSt bUY a fArM inSteAd" Munger: "tHey r bAsicALLy bUyiNg tUrdS"
LOL. Doesn't Munger contradict himself? At first he says Warren paints a funny world where person A gives person B gold lessons and person B dies person As hair in exchange - presumably because AI is producing everything (or, in his words "one person" is producing everything with the help of AI). In other words, AI doing everything would be bad. But then later he starts saying how he things people would love it if they didn't have to do anything, reacting favorably. Come on Charlie, focus, keep it together!
I thought absolutely the same. Especially on A.I. But it was the first time seeing them disagreeing. Nothing like that happened in BRK meetings since 1994 till 1997. Maybe in later years they got bored of each other or something. That will be engraved on his gravestone. And small doge coin logo next (made by haters) Not sure that i follow, whatever tho. To see Warren getting surprised, by the way he looks at Charlie, when his comment is something quite not what he expected & later his body language. Hmnn bit priceless. That little inner heat , (defensive ego), caused by the person, who suppose to support you & yet instead, you're placed ,,under the radar'' of audience. Wrong timing from Charlie.
Munger knows it is the usual hype. I been reading that AI would take over most jobs since the early 1980s, since i was a kid, and it was probably been hyped years before then. 40 years from know, when im their ages, if im still here, i bet i will still be hearing the same thing.