| Investors should be aware of what lies ahead for the markets, according to Charlie Munger. He believes that the problems that will arise will be worse and more difficult to resolve than those that occurred during Volcker's tenure, which resulted in a severe recession. Charles T. Munger has a net worth of around $2 billion as a vice chairman of Berkshire Hathaway and Warren Buffett's closest partner (right hand man). He is an extremely wise man who is well worth listening to, particularly when it comes to investing, wealthy people's psychology, rationality, and life experience. ---------------- Timestamps: 00:00 - "We're Flirting With Serious Trouble..." 03:20 - Investing in Stocks for the Long Term 04:14 - The Index Fund Bubble 04:44 - How Robotics Will Change The World 05:27 - Money Printing & History Lessons 06:45 - Selling Everything 07:23 - Why Warren Buffett is Holding Cash... 08:44 - Inflation Danger, "The Currency is Going to Zero" 10:50 - Things To Be Optimistic About 14:22 - Advice For Investors ---------------------------------- Charlie Munger's WARNING | Most People Have No Idea What Is Coming ------------------------------------------------------ free investing,investing,stock market,charlie munger interview,charlie munger,charlie munger speech,charlie munger daily journal,charlie munger daily journal 2022,charlie munger warns,charlie munger warning,charlie munger lost decade,charlie munger last warning,charlie munger stock market crash,charlie munger stock market bubble,stock market crash is coming,stock market crash,market crash coming,market crash 2022,market crash,market is crashing,invest me |
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.
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