Over 15 years in the business, easily the smartest people I’ve met in energy reside in Calgary and Toronto: “Don’t get caught up in the supply story. The demand is insatiable. It’s unstoppable. And it...
Tag: Delusion
“Partly Fraud and Partly Delusion”
Alex Dovbnya Charlie Munger continues to excel in trashing cryptocurrencies Charlie Munger, vice chairman of multinational conglomerate holding company Berkshire Hathaway, took a dig at cryptocurrenci...
Legendary Investor Charlie Munger Slams Crypto, Says Industry a Mix of Fraud and Delusion
Legendary Berkshire Hathaway investor Charlie Munger has major criticisms of the crypto space in light of the recent FTX collapse. In a new interview with CNBC’s Squawk Box, Munger asserted a skeptica...
‘Delusion’ Rampant Among Crypto’s Institutional Investors, Warren Buffett’s Billionaire Confidant Says
Topline Famed investor Charlie Munger once again condemned cryptocurrencies following last week’s disintegration of crypto exchange FTX, becoming the latest billionaire to lash out at FTX and its foun...
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...
From A Delusion To Conquer the World: Bitcoin Spent Its First 504 Days Without Value Or Price
– Advertisement – Bitcoin Spent Its First 504 Days Without A Price Until One Person Bought 2 Pizzas For 10,000 BTC In 2009. Bitcoin got its first-ever price set after Laszlo Hanyecz used 1...
Quant Price Analysis: QNT Trying to Sustain above $100, Succeed or it’s just a Delusion?
Quant price is trying to maintain itself inside an ascending parallel channel over the daily price chart. QNT crypto is trading above 50 and 100 days DMA and is currently trading at 20 and 200-days D...
The Nuclear Delusion At The Heart Of The 2022 National Defense Strategy
On March 28, the Biden administration delivered its classified National Defense Strategy (NDS) to Congress. The White House simultaneously released a bare-bones factsheet to the public setting forth t...
Why do people invest in crypto? ‘It’s partly fraud and partly delusion’: Charlie Munger
““The country did not need a currency that’s good for kidnappers.”” — Charlie Munger Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.35%, is not a big fan of crypto, and he shared some f...