| Charlie Munger says you can never take all of the boom and bust out of a capitalist economy, but they could be severely dampened if there were wiser legislators in charge and less lobbying. His belief is that a capitalist economy works best when there are wise restraints placed on the financial system. Source: BBC United States Wealth Management® ? Website: https://USWMO.com ? Twitter: https://twitter.com/TheUSWMO ? USWMO channel: http://bit.ly/subUSWMO ? USWMO News channel: https://bit.ly/USWMO-News Learn How to Trade & Invest! TRADER ALERTS Disclosure: We currently do not function as a RIA nor give advice on whether to buy, sell or hold a stock, bond, mutual fund or ETF under any circumstance. #Munger#USWMOnews#USWMO |
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
Tags:
