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Billionaire investor Charlie Munger calls crypto a ‘disease’ and praises China for banning it

February 17, 2022
Source: thebharatexpressnews.com thebharatexpressnews.com
News Snapshot:
Topline Celebrity investor Charlie Munger, vice chairman of Berkshire Hathaway and longtime business partner of Warren Buffett, shared his thoughts on investing during an annual keynote on Wednesday, in which he harshly criticized cryptocurrencies like Bitcoin. and warned investors not to treat the stock market as a “parlor game.” Highlights “I’m proud of the fact that I avoided it…it’s like a venereal disease,” Munger, 98, said of Bitcoin at the annual meeting of Daily Journal Corp., the news company of Los Angeles where he was president for decades. The billionaire investor, who has long criticized cryptocurrencies for their extreme volatility...
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