In a revealing discussion, Berkshire Hathaway Vice Chairman Charlie Munger provides his insights on a myriad of topics including the future of investing, party politics, trade tensions with China, and the advice he lives by.
Investing in the Current Climate
The golden era of investing isn’t over, but it’s definitely more challenging.
Increased competition and inflated valuations may make it harder for investors to find lucrative deals.
However, market volatility, largely due to central bank intervention, can present opportunities.
The advantages the United States and China after getting along are so great on both sides that dissipate they will reach some tolerable adjustment. – Charlie Munger
National Debt Perspective
The growing national debt isn’t a cause for worry, as this is a common occurrence in great nations throughout history.