Munger Shares Investing Wisdom, Bitcoin Skepticism in WSJ Interview
-
Charlie Munger discussed investing strategies, economic landscape, and thoughts on bitcoin in a Wall Street Journal interview.
-
Munger was skeptical of the need for stock pickers today and advocated index funds for most investors.
-
Munger remains critical of cryptocurrencies like bitcoin, preferring strong sovereign-issued currencies.
-
Munger disagreed with breaking up big tech companies like Amazon, appreciating their contribution to capitalism.
-
Berkshire Hathaway's Q3 earnings may show substantial gains from higher interest rates on its large cash reserves.