This is the real reason why Charlie Munger HATES crypto and the crypto market and its NOT what you think. Charlie Munger is best known for being Warren Buffett’s right hand man. Harvard educated, a multi-billionaire and now almost 100 years of age…controversially Charlie REALLY dislikes crypto..but the question is….why?
In this video we will be looking at:
0:00 – Intro
1:30 – Charlie Munger’s Position on Crypto
4:16 – Charlie’s Portfolio
6:59 – Number 1 Mistake Investor Make
7:43 – Summary
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#Crypto #CharlieMunger #Money
42 Comments
So much for Block Fi
He's a billionaire but his portfolio is only 175 million.
hahaha Goodness me. Poor old bugger. He's made his wealth out of planet destroying stocks and just can't get his super intelligent mind around super intelligent things. The mind boggles!!
Inbox Mr Jacob Balley he is a sure crypto trader I invested on his platform
you can tell he works hard on these..
I don't expect a 100 years old to understand crypto, it's ok
Nathan, why don't you do something about all the scam posts on your videos? please.
To be super smart… 100 years old… 100 mill plus and you wont enjoy your money… lol Bascily sad…
Damn, Charlie is an unlikeable guy.
Haha he doesn't get. But doesn't matter he has no sway against BTC, we know where crypto is going on the future and we are the early ones!
Well done mate
No wonder he hates crypto. Can’t teach old dogs new tricks. He’s invested in bankster crooks. Richard heart could school em
Munger in denial himself 😂 he’s invested in one of the biggest scams in human history.. seems like he’s all for rich getting richer n poor getting poorer.
good video bro
I have a small portfolio in crypto but am definately not bullish with the sector at all.. bit of a gamble in my opinion. any investment that does not have intrinsic value is basically speculation.. I like the idea of crypto currency but so many countries have already made it illegal… And there are talks about the US following suit.. hence why I keep my main wealth in stocks and property. Besides, Munger and Buffett are not the only super investors that share this thought on crypto. Sometimes it pays to listen to these guys.
What do you expect from an old fart? He is sticking to what he knows and cannot learn anything new at his age. We all will be the same, it is call aging.
Why you care what Charlie munger says? The guy is almost 200 years old
Bots pushing Amazon
If Charlie was 25 years old today he’d be buying all the dog coins 😂😂
On the way out Munger. Not worth a listen.
Great content! Goes to show, you can't trust anyone. Just like Ray Dalio talking about China being the next superpower of the world that will supercede the US.
Why? Because he has billions invested there.
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. <But all thanks to Harvey Creswell for his amazing skills for helping me to earn 31 Btc through trading chart. I believe we are in the spring phase…
The cryptocurrency market is expected to have a significant year in 2023, with predictions of a bull run on the horizon. Analysts have cited various factors that may contribute to the growth of the leading cryptocurrency, including the global macroeconomic environment, stock prices, inflation, Federal Reserve data, and a possible recession. Increased inflation and a declining trust in traditional financial systems may also play a role. To stay informed and potentially benefit from market movements, and signals provided by experts such as Karen Gauvin .
He hates crypto because he haven’t heard about $dexa coin yet
Brilliant
When you hate you are defeated
This is a perfect example of Exposed Politely.
Lots of scammers in the comments
Asking this old-timer about crypto is like expecting from dinosaur to drive a car. Why would anyone actually care what this dinosaur think about crypto? And to be honest, I couldn't care less if is a billionaire or the right hand man of Warren Buffet. For me he is an idiot. Plain and simple.
He doesn't like Bitcoin for the same reason Coca-Cola doesn't like Pepsi… it is called competition
Funny about Charlie. You caught him out. Great work. That’s why he can’t sell
You still got the flue brah. Hope you get better soon
They slag it off hoping it goes down I bet both hold btc .
Exactly no morals when money is involved …. I don’t blame him but he’s had his time
I would give him some slack because of his old age. Both he and Buffet have never been into tech
At least he will not loose all his doggyycoins in ftx rug pull 😂
He can’t talk about the real reason or the WEF will come after him
Is Charlie still alive? 😳 It's like looking at a T-Ford when i drive by in a Tesla 😆 Dos he even got internet? 🤣
The old fart is 99 years old.. holding Wells Fargo, Bank of America and 15% of..oh my god "high risk" Alibaba..what can we ask for. God bless him with more years to come.
Last year, Berkshire Hathaway invested about $1 billion in NuBank, a crypto-friendly Brazilian neobank. I guess Charlie didn't get the news!
One of his arguments was that China did a great thing banning crypto! Then, China just recently unbanned crypto and will be allowing crypto investing in June 2023; wonder if he still praises China after this…. Crypto is a big part of our future.
CIA mole