Charlie Munger warns there are ‘lots of troubles coming’ because of ‘too much wretched excess’
https://www.cnbc.com/2020/02/12/charlie ... xcess.html
"I don’t pay much attention to macroeconomic trends," he said. "Like the weather, I just ignore the weather. I just try to invest whatever capital I have as best I can & take the results as they fall. I just seize whatever opportunities I can & I hope I get my share."
"We accumulated the cash because things got so competitive and prices for good businesses ... we couldn’t find any good buy," he said.
Crypto: 'Never Buy It'
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