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trunkmonk

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trunkmonk

Re: trunkmonk post# 20072

Friday, 02/26/2021 2:21:50 PM

Friday, February 26, 2021 2:21:50 PM

Post# of 57402
Charles Munger on current investing venues. Crypto, worthless stock stampedes, all the same.

“I hate this luring of people into engaging in speculative orgies. [Robinhood] may call it investing, but that’s all bullshit,” Munger said on Thursday.
“It’s really just wild speculation, like casino gambling or racetrack betting. There’s a long history of destructive capitalism, these trading orgies whooped up by the people who profit from them.”

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