Charlie Munger's Warning For Inflation & Interest Rate | Daily Journal 2023 【C:C.M 285】

In this thought-provoking interview, Becky Quick and Charlie Munger discuss the ramifications of moving away from a near-zero interest rate policy. They delve into the impact of rising interest rates on stock prices and explore the inevitability of inflation in democratic politics. Gain valuable insights into the changing interest rate environment and how it could shape your investments. Don't miss this informative discussion with one of the most respected voices in the investment world.

Charlie Munger's Recommended Book List:

► Video Transcript & YAPSS Takeaway:
This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2023.

☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

YAPSS Playlist – Collection: Charlie Munger:

#YAPSS #CharlieMunger #DailyJournal

Charlie Munger's Warning For Inflation & Interest Rate | Daily Journal 2023 【C:C.M 285】

[themusic]

lol The median price of a home in America in 1944 when Munger was 20 years old was $3, 000 and today it’s $404, 000, that’s a 13, 000% increase while wage growth has increased peanuts in comparison. It’s not likely someone born today will experience the kind of inflation his generation had. It’s really about where asset prices are at the time you’re accumulating them.