Bitcoin is ‘rat poison,’ Berkshire’s Charlie Munger says
2:53
Fox BusinessHenry Fernandez
Bitcoin is ‘rat poison,’ Berkshire’s Charlie Munger says
Berkshire vice chairman says cryptocurrency wave is an idiot boom.
May 7, 2018
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Charlie Munger on Bitcoin
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Charlie Munger on Bitcoin: “Avoid It Like the Plague” In this blunt interview clip, Charlie Munger delivers a ruthless lesson on incentives, speculation, and why the promise of easy wealth almost always ends badly. Munger explains that when incentives are powerful enough, bad behavior is inevitable. Bubbles form. Bad ideas spread. People are lured into schemes that promise fast money without real work, real skill, or real productivity. That, Munger argues, is not just dangerous financially — it’
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Charlie Munger on Bitcoin: “Avoid It Like the Plague” In this blunt interview clip, Charlie Munger delivers a ruthless lesson on incentives, speculation, and why the promise of easy wealth almost always ends badly. Munger explains that when incentives are powerful enough, bad behavior is inevitable. Bubbles form. Bad ideas spread. People are lured into schemes that promise fast money without real work, real skill, or real productivity. That, Munger argues, is not just dangerous financially — it’
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Simply great: Charlie Munger’s speech to the Harvard School, June 1986 – “Invert, always invert.”
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Charlie Munger on Bitcoin: “Avoid It Like the Plague” In this blunt interview clip, Charlie Munger delivers a ruthless lesson on incentives, speculation, and why the promise of easy wealth almost always ends badly. Munger explains that when incentives are powerful enough, bad behavior is inevitable. Bubbles form. Bad ideas spread. People are lured into schemes that promise fast money without real work, real skill, or real productivity. That, Munger argues, is not just dangerous financially — it’
1:03
Charlie Munger on Bitcoin: “Avoid It Like the Plague” In this blunt interview clip, Charlie Munger delivers a ruthless lesson on incentives, speculation, and why the promise of easy wealth almost always ends badly. Munger explains that when incentives are powerful enough, bad behavior is inevitable. Bubbles form. Bad ideas spread. People are lured into schemes that promise fast money without real work, real skill, or real productivity. That, Munger argues, is not just dangerous financially — it’
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FacebookJay-z Khan
Bitcoin is stupid cause it's very likely to go to zero, says Charlie Munger
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Charlie Munger calls crypto "massively stupid." Watch his full talk here: https://cnb.cx/3IqY7Zy | CNBC
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Charlie Munger calls crypto "massively stupid." Watch his full talk here: https://cnb.cx/3IqY7Zy | CNBC
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Coingrams on Instagram: "Charlie Munger, the legendary Berkshire Hathaway vice chairman who passed in 2023, famously branded Bitcoin as “rat poison” back when it traded around $425, later escalating his disdain to “more expensive rat poison” and even “rat poison squared” as prices climbed — a stance that became one of crypto’s most quoted bearish indictments. Despite his vehement criticism labeling it antisocial, stupid, immoral, and destined for zero, Bitcoin has since delivered explosive retur
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Instagramcoingrams
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Buffett called Bitcoin “rat poison” when it was $9K. Was he wrong? Crypto has surged, collapsed, and rebuilt momentum without changing his view. Long bets rarely look obvious in real time. Is Bitcoin a revolution in slow motion or noise at scale?
311 views1 month ago
TikTokthevccorner
2:19
.@davidsenra says Charlie Munger told him, "Most people are rat poison."⁣⁣"Charlie had no filter."⁣⁣“He goes, ‘If you surround yourself with high-quality people, and you get in a good business and stay there, that avoids most of the problems you’re going to have in life.’”
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x.comsourcery
2:06
Charlie Munger's Brutal Truth: Most People Are Rat Poison David Senra shares Charlie's unfiltered advice from their 3-hour dinner: Build a seamless web of trust with ONLY high-quality people. Stay in one great business. Stop jumping around.
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