Charlie Munger on bitcoin: 'I never buy any bitcoin and recommend people follow my practice'

#CharlieMunger #WarrenBuffett #bitcoin
Vice Chairman of Berkshire Hathaway Charlie Munger weighs in on bitcoin.

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.

Connect with Yahoo Finance:

[eden]

Every modern social media person: not financial advise!
Charlie Munger: I recommend other people follow my practice.

[defikidsmusic]

If you think central banks like controlling their own banking system and money supply imagine how people will feel when they can do the same for themselves. Welcome to Bitcoin

[tammycaspe]

Yahoo posting random old Bitcoin videos when it's down .😂

[kainatticus]

Notice he says he doesnt "buy'' gold or bitcoin, ole charlie got a few miners running

[the_other_seto_kaiba]

PLOT TWIST: I do opposite what Munger says and come out in profit since l have free time to kill.

[donaldharlan]

I hope Charlie Munger stays away from Bitcoin too

[josephbrolly]

One of the greatest investors in history. Charlie knows.

[nicholasteo]

i dont think people here understand what munger is saying. he doesnt buy gold and therefore he doesnt buy bitcoin. basically, he prefers putting money in income generating businesses like apple and geico rather than non-cash generative assets like gold and bitcoin

[davidconnor]

I don't need Tik Tok on YouTube and I for damn sure don't need Yahoo Finance on Tiktok.

[davinci]

Charlie munger doesn’t care about you or most other humans. Watch his videos and listen to him. Guy has sold his soul 100x over. Literally tells people to “take advantage of people”. I want nothing this man has . No amount of money is worth this guys outlook on life.

[MadroscMysli]

Everytime I watch a video of Munger on btc, I buy more btc

[pinpoy]

He is a valued investor..Not a tech guy,

[jfcha]

Why would anyone trust people who can be corrupted, narcissistic, evil, etc when you can just trust computer code?

[JesusGarcia-cswl]

Charlie Munger: Don't invest in airplanes either. If the good Lord wanted us to fly. He would have given us wings.

And don't get me started on the Internets. 😠

[twoinix]

It's time the world should appreciate the development of crypto currency, coz the way it makes good returns within a short period of time to, makes it so much lucrative and profitable

[bezalelthecreative]

man... the comments here... you guys don't know Charlie Munger. I suggest you guys read his books or books about him.


Cryptocurrency is one thing, but what about diversifying your investments? You can learn alot of Charlie.

[ComeonyouLions]

yes great call telling people to sell there gold at $350...

[phillips]

Another old man who just doesn’t get it. Bitcoin doesn’t have to be a certain price. It doesn’t have to be an investment to make a huge dent in the financial world. You’re going to end up owning some crypto one way or another. It’s already sneaking its way into your 401k.

[CO_]

Well, there are people who do buy gold, central banks, for example.

[PMW]

If there was ever a buy signal this is it. investors never want to buy at the top so he tries to keep the price low. in other words, he missed the bottom.