Warren Buffett & Charlie Munger: Margin Calls and The Complexity of Financial Institutions

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Warren Buffett and Charlie Munger speaking at the 2004 Berkshire Hathaway annual meeting.

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Just a funny aside: the Robert Maxwell they mention, the Bouncing Czech, was found floating in the ocean after, it is believed, having jumped from his superyacht, Lady Ghislaine. The boat was named for his daughter, Ghislaine Maxwell...

What a family.

nukm
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[06:35] "You don't need to put more and more of those . . .kind of linkages and strains on an economic system that already is pretty damn leveraged." (Warren Buffet, 2004)

hdpmrr
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Bapak Sarno sangat sayang sama bufet dirumah
Never change😭😭😭

niningsetia
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Let's US pray together hi Mr w.buffet
For our goodness Dunya akhirah
Bismillah hirrohmanirrohim
Alfatihah 🙏🙏

niningsetia
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Never take advice from people with orange faces and blue tinted hair unless it is about chocolate in Oompa Loompa land.

davidjames