Yup RIP- At 31, he was virtually broke, divorced, and burying his 9-year-old son, who had just died of leukemia. At 52, he developed cataracts, and a failed surgery left him blind in one eye. Yet Munger kept forging ahead, helping Buffett turn Berkshire into a $784 billion powerhouse.
And a big fan of the CCP. I can get over an old fart not getting bitcoin and not being able to shut up about it. Fawning over communist dictators is a bit too much for me.
"All I want to know is where I'm going to die, so I'll never go there." -- Charlie Munger
I guess he went there.
"If I can be optimistic when I'm nearly dead, surely the rest of you can handle a little inflation." -- Charlie Munger
Most of his wealth was created by inflation on the rest of us. I'm optimistic that his money will be redistributed to people who might deserve it. But I'm doubtful.
Mungers net worth was "only" $2.7b and he did not sign the giving pledge. If God will, may his 6 children and ? grandchildren blow it on coke and champagne asap 🙏🏼
The giving pledge is a LARP by retards. None of these billionaires know what they were doing. Billionaires will be useful, productive people on the bitcoin standard.
https://m.stacker.news/6227
Too soon?
Nope. The sooner the cantillionare class dies off the sooner humanity will recover.
Fair point!
Charlie Munger was old enough to recall a time when the minimum wage was 40 cents per hour.
"Show me the incentive, I'll show you the outcome." -Charlie Munger
Wow that's honestly insane. Goes to show you how the US dollar has so much value over the last few decades
"The big money is not in the buying and selling, but in the waiting."
— Charlie Munger
HODL
https://m.stacker.news/6268
"I have nothing to add."
RIP. Value investor, funny dude, and product of his times.
He won't be remembered too kindly on here for his bitcoin stance, but I'm not sure everyone should be judged their best or worst opinion.
Yup RIP- At 31, he was virtually broke, divorced, and burying his 9-year-old son, who had just died of leukemia. At 52, he developed cataracts, and a failed surgery left him blind in one eye. Yet Munger kept forging ahead, helping Buffett turn Berkshire into a $784 billion powerhouse.
He will be remembered by how much he hated bitcoin. Sad way to go out
This is silly. He will be remembered as one of the most successful and well respected investors ever.
As Saylor says you don't ask your great grandfather for insight into new technologies.
Cantillionare close to the money printers. Pushed deadly corn syrup to the masses
It's possible to still see the good in people outside of your worldview.
Agreed. For his legacy I wish he would have just had no comment, but he’s too close to the banks to say that.
Sorry, but I take it personal when someone attacks bitcoin. Can't help it
OK, I'll meet you halfway. One of the greatest investors of the fiat period.
"The greatest murderer of Jews of the Holocaust period." weird flex, but ok
??
there are some awards you don't want to win, sounds like you still have a decent amount of respect for fiat
Read again bro
And a big fan of the CCP. I can get over an old fart not getting bitcoin and not being able to shut up about it. Fawning over communist dictators is a bit too much for me.
I guess he went there.
Most of his wealth was created by inflation on the rest of us. I'm optimistic that his money will be redistributed to people who might deserve it. But I'm doubtful.
As far as cricket is concerned, I’m pretty sure we can say:
🏏 “He had a good innings”.
So close to a century, yet still left us with plenty of wisdom to HODL:
https://m.stacker.news/6228
Mungers net worth was "only" $2.7b and he did not sign the giving pledge. If God will, may his 6 children and ? grandchildren blow it on coke and champagne asap 🙏🏼
The giving pledge is a LARP by retards. None of these billionaires know what they were doing. Billionaires will be useful, productive people on the bitcoin standard.
Now this part is a bit sad as I think he worked everyday of his life
Worked on what? Receiving money from your banker friends and speculating in the Wall Street casino from your sofa barely accounts for working..
This was Charlie when he started BHI, feel old yet?
https://media.tenor.com/AGGq5qYEQgAAAAAC/charlie-bucket-i-want-it-more-than-any-of-them.gif
99 years is a lot of years. I think he was already breathing some of our air
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