As a value investor, I find Charlie Munger's recent WSJ-published arguments to ban bitcoin/crypto and thank the leader of the Chinese Communist Party to be embarrassing and sad.
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Why anyone who isn’t up to their eyeball’s armpits in fiat (aka 🧻) would bother listening to either of the muppet old men about anything more advanced than an eight track tape deck, is beyond me.
This is “our time” “our market”, we do this “our way”. We learn from the fükery of failure’s past & build stronger & more advanced ways of doing things. The Old Man Muppets can keep yelling at clouds. Any who decide to follow them, prove to be less than worthy of benefiting “tomorrow” b/c they’re stuck in not “today”, but “YESTERDAY”.
Ijs
This is “our time” “our market”, we do this “our way”. We learn from the fükery of failure’s past & build stronger & more advanced ways of doing things. The Old Man Muppets can keep yelling at clouds. Any who decide to follow them, prove to be less than worthy of benefiting “tomorrow” b/c they’re stuck in not “today”, but “YESTERDAY”.
Ijs