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Comments made by Warren Buffet’s right-hand man and vice chairman of Berkshire Hathaway have gone viral for their imaginative depiction of cryptocurrency.
Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right-hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates it.
Speaking at a shareholder’s Q&A session at the annual meeting for Los Angeles-based newspaper company Daily Journal Corporation, the 98-year-old investing icon likened crypto to a sexually transmitted disease.
Taken from: https://cointelegraph.com/news/crypto-is-like-venereal-disease-and-should-be-banned-charlie-munger
Now, am not wondering why this man is commenting like that. He is already 98 years old and so having a hard time understand what the heck is Bitcoin or cryptocurrency for that matter. Just like his big boss Warren Buffet, they prefer the old school way of investing and we have to respect them for that because they are really successful in there...but they should stop commenting anything on Bitcoin because this is an area they are still infants.
What do you think of catching "venereal disease"?