People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is fro...
Tag: Charlie Munger
U.S. stocks don’t seem concerned about inflation
People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC...
Charlie Munger says BYD is far ahead of Tesla in China
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever. “I have never helped do anything at Berkshire [H...
Charlie Munger: U.S. should ban cryptocurrencies
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies like China, saying a l...
Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surpr...
Charlie Munger says crypto is a bad combo of fraud and delusion — ‘good for kidnappers’
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger, a longtime cryptocurrency skeptic, said digital currencies are a malici...
The Difference Between Experience And Expertise
Expertise and experience are not the same things. getty Recently, I came across the website of an investment management firm that said, “Our principals have over 250 years of combined experience.” A g...
3 Predictable Charlie Munger Stocks With A High Margin Of Safety
Summary Wells FargoWFC , U.S. BancorpTBBK and Alibaba also have high business predictability ratings. Renowned investor Charlie Munger (Trades, Portfolio), the chairman of DaiDAI ly JournaDJCO l Corp....
Libertarian Stalwart Calls Bitcoin A Speculation
Bitcoin holders’ recent experience has been a wild ride, says libertarian Gene Epstein. MediaNews Group via Getty Images “Bitcoin is currently money to a very limited degree. It’s a speculation....
Warren Buffett Says Crytpo “Doesn’t Produce Anything”
Warren Buffet Getty Images Key Takeaways Warren Buffett and Charlie Munger shared some harsh words about cryptocurrency at Saturday’s annual Berkshire Hathaway shareholder meeting Warren Buffet on cry...
Seven Dividend Darlings To Make Buffett And Munger Smile
For the fourth straight week, major U.S. stock market averages took brutal beatings. The S&P 500 Index sank 3.3% on the week and finished April with a decline of 8.8%, the worst month for the inde...
Berkshire Hathaway’s Charlie Munger Takes Another Swipe at Robinhood
Charlie Munger’s opinion of Robinhood HOOD -2.82% Markets Inc. hasn’t improved in the past year. If anything, it has become more negative. “It was pretty obvious that something like that was going to ...
Warren Buffett Cautions Against Stock Market ‘Casino’ As Charlie Munger Slams Robinhood
Warren Buffett and Charlie Munger took questions for five hours Sunday and gave no indication of any plans to retire. AFP via Getty Images A year after Warren Buffett first warned that Robinhood was e...
Buffett Laments Lack Of Good Investing Targets As Berkshire Reveals Big Bet On Oil
Topline Billionaire Warren Buffett said Saturday that he is struggling to find good ideas to invest in, echoing the sentiment in his annual letter to stakeholders in February, but his conglomerate Ber...
Charlie Munger says Robinhood is justly ‘unraveling’ for ‘disgusting’ practices
Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now “unraveling.” “It’s so easy to overdo a good idea. &#...
6 Things I Learned From The 2022 Berkshire Hathaway Meeting
Today Warren Buffett and Charlie Munger held court at the 2022 Berkshire Hathaway BRK.A shareholder meeting. I’ve attended the event twice in Omaha. This year I watched on my iPad from a Starbucks in ...
Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’
Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at...
Warren Buffett Stocks That Are Holding Up Well During This Sell-Off
financial graph getty These 3 value stocks held by Warren Buffett and Charlie Munger in their Berkshire Hathaway BRK.A portfolio are holding up better than the big name, big tech stocks in the NASDAQ ...
Charlie Munger’s Daily Journal Halves Alibaba Position
Summary The Chinese e-commerce company has seen its shares fall for more than a year. Munger’s company did not make any other changes to its equity portfolio. Renowned investor Charlie Munger (T...
Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal
Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...
20% of my portfolio is in crypto
Celebrity investor Kevin O’Leary told CNBC on Friday that one-fifth of his investment holdings are tied up in cryptocurrencies and companies operating in the nascent digital asset industry. R...
Berkshire Hathaway BRK earnings Q4 2021
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway’s operating profits surged in the fourth quarter and for the full year as the conglomerate’s busin...
Charlie Munger Expects Index Funds to Change the World—and Not in a Good Way
Charlie Munger doesn’t think Larry Fink should be running the world. Mr. Munger, the billionaire vice chairman of Berkshire Hathaway Inc. and Warren Buffett’s business partner, said the rise of index ...
Billionaire Investor Charlie Munger Calls Crypto A ‘Disease’ And Praises China For Banning It
Topline Famed investor Charlie Munger, vice chairman at Berkshire Hathaway and longtime business partner of Warren Buffett, shared his investing thoughts at an annual address on Wednesday, in which he...
Three Stocks Bucking The Downtrend
Warren Buffett, chairman and CEO of Berkshire Hathaway. AFP PHOTO/SAUL LOEB AFP via Getty Images It’s been a rough year for the stock market so far. Here are three stocks that are bucking the downtren...
Charlie Munger Buys More Alibaba: A Price Chart Analysis
China internet. getty When Charlie Munger adds to an existing position in an equities portfolio, it’s probably a good idea to pay attention. He and Warren Buffett run that legendary Berkshire Hathaway...
Beyond Meat, Pfizer, Nikola and others
Check out the companies making headlines before the bell: Beyond Meat (BYND) – Beyond Meat surged 9% in premarket trading on news that KFC will roll out the company’s fried chicken substitute na...
Calling Out ‘Emperor’ Larry Fink
When you’re 98 years old you can say things others can’t, so bravo to Charlie Munger for daring to speak an important but too muffled truth about today’s financial markets. “We have a new bunch of emp...