Tumgik
#Latest munger News
flashsbite · 5 months
Text
0 notes
newschurn · 2 years
Text
Warren Buffett Won't Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC 'Stupid and Evil' – Featured Bitcoin News
Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’ – Featured Bitcoin News
Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad. Warren Buffett Explains Why He Won’t Buy Bitcoin Warren Buffett and Charlie Munger talked about bitcoin during Berkshire Hathaway’s annual…
Tumblr media
View On WordPress
0 notes
Text
The Late Charlie Munger's Final Stock Portfolio Update Is Out And It Shows His Iconic Approach to Investing
The Late Charlie Munger's Final Stock Portfolio Update Is Out — And It Shows His Iconic Approach to Investing https://www.entrepreneur.com/business-news/charlie-mungers-final-daily-journal-stock-portfolio-is-out/468780 Munger, who was well-known as Warren Buffett's right-hand man and Berkshire Hathaway's vice chairman, died aged 99 on November 28, 2023. via Entrepreneur: Latest Articles https://www.entrepreneur.com/latest January 24, 2024 at 01:42PM
0 notes
metamoonshots · 6 months
Text
Whereas giving a latest keynote handle for Zoom’s 2023 Zoomtopia Convention, the Berkshire vice chairman mentioned Bitcoin is the “stupidest funding I ever noticed.” He didn’t cease there, although. Charlie Munger went on to say that the majority cryptocurrencies aren’t simply unprofitable, however he thinks bagholders will ultimately lose all their cash: “Don’t get me began on Bitcoins. Most of these investments are going to zero.” Now, he’s not completely incorrect on that second depend. Charlie Munger: Most Cryptos Are ‘Going to Zero’ Referring to all cryptos as “Bitcoins,” Munger is right that the majority cryptocurrencies will seemingly go to zero. At the least to this point, that has traditionally been true of cryptocurrency tasks. There have been hundreds of recent crypto tasks created because the genesis of Bitcoin and its decentralized computing cousin, Ethereum. The observe report is most new crypto tasks fail. The truth is, 80% of recent altcoins fail within a 12 months. Even Ripple’s Brad Garlinghouse says 99% of cryptos will probably go to zero. However let’s put these numbers in context. That’s not in contrast to the failure fee for brand new eating places or new companies in any phase. Simply ask any enterprise capitalist or angel investor. That doesn’t imply the business is totally nugatory or silly. It simply exhibits how troublesome it's to get a brand new enterprise worthwhile and that selecting the winners is simpler mentioned than executed, even for educated specialists like VCs and angels. However the brand new eating places, tech startups, and blockchain tasks that do succeed – succeed so enormously that their earnings pay for the losses capitalists incur on their failing investments. Is Bitcoin Actually the Stupidest Funding Munger ever noticed? Now, as for Bitcoin, it actually isn’t the stupidest funding Charlie Munger ever noticed. Despite the fact that the longtime Berkshire Hathaway vice chairman was utilizing hyperbole, he’s seen some worse investments. Like in 2019 when Berkshire Hathaway lost $4.5 billion in a single day on its 2015 funding in Kraft Heinz. To his credit score, Warren Buffett was fairly fast to fess as much as overpaying for the acquisition. But when the Berkshire dons are keen to purchase right into a high-flying inventory like 2015 Kraft Heinz to personal a few of the cheese and ketchup enterprise, what’s so silly concerning the value volatility of a borderless, deflationary, digital foreign money secured by a peer-to-peer community? SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Provide: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.
0 notes
creatiview · 1 year
Text
[ad_1] Warren Buffett’s right-hand man hasn’t taken the time to understand Bitcoin, MicroStrategy’s Michael Saylor said in an interview with CNBC.Michael Saylor’s latest interview includes a blast at Western elites, specifically Charlie Munger. Munger recently penned an op-ed for the Wall Street Journal titled, “Why America Should Ban Crypto.” In it, he slammed cryptocurrencies, explaining that: “Such wretched excess has gone on because there is a gap in regulation. A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the house, entered into in a country where gambling contracts are traditionally regulated only by states that compete in laxity. Obviously the U.S. should now enact a new federal law that prevents this from happening.”This is not the first time that Munger has been openly negative towards bitcoin and cryptocurrencies, having previously called it “rat poison squared” and “a bad combo of fraud and delusion.”In a Friday interview with CNBC’s Morgan Brennan, Saylor addressed Munger’s recent op-ed and the Western elite’s opinions on Bitcoin. “If he was a business leader in South America or Africa or Asia and he spent a 100 hours studying the problem, he’d be more bullish on bitcoin than I am,” Saylor explained. “The Western elites have not had the time to study … but I’ve never really met someone with an incentive living in the rest of the world that spent some time thinking about it that wasn't enthusiastic about bitcoin.” Saylor’s criticism of Munger came alongside further descriptions in regards to MicroStrategy’s plans to develop Lightning enterprise software, explaining for the first time in detail that “Microstrategy is actually developing MicroStrategy Lightning, our own enterprise Lightning offering. We’re going to allow CMOs to offer Lightning rewards or bitcoin rewards, like a frequent flier program, to hundreds of thousands or millions of their customers, all of their employees and all of their prospects, at the speed of light off a website — and we’re very enthusiastic about that.”The MicroStrategy chairman is obviously still bullish on bitcoin’s growth irrespective of the opinion of legacy billionaires like Munger. In addition, his comments highlight his attention to the global nature of Bitcoin and its ability to enable those who are not yet financially connected as the West is. Saylor has been persistent in his support for Bitcoin, and he believes that other regions around the world are more aware of the potential of the digital asset. With his commitment to developing Lightning enterprise software, Saylor is making clear his dedication to the adoption of bitcoin and to connecting the world in a new way. [ad_2] #Charlie #Munger #Doesnt #Understand #Bitcoin #Michael #Saylor Source link
0 notes
tezlivenews · 2 years
Text
लालू यादव को 'कंगाल' बनाने के मिशन पर नीतीश कुमार, पहले छीनी सरकार अब यादव वोटरों में सेंधमारी
लालू यादव को ‘कंगाल’ बनाने के मिशन पर नीतीश कुमार, पहले छीनी सरकार अब यादव वोटरों में सेंधमारी
हाइलाइट्स तारापुर विधानसभा सीट पर चौंकाने वाले वोटिंग पैटर्न यादव बाहुल्य इलाकों में जेडीयू प्रत्याशी को मिले ज्यादा वोट वैश्य वोटरों ने NDA के बजाय RJD के प्रति जताया भरोसा कांग्रेस के प्रत्याशी को अपने ही बूथ पर मिले केवल 6 वोट मुंगेरबिहार में हाल ही में दो सीटों पर हुए उपचुनाव में हुई वोटिंग पैटर्न के आंकड़े चौंकाने वाले हैं। खासकर तारापुर विधानसभा सीट के वोटिंग आंकड़े ���वाही दे रहे हैं कि…
Tumblr media
View On WordPress
0 notes
harpianews · 2 years
Text
After a billionaire designed a hostel, an architect resigned in protest
After a billionaire designed a hostel, an architect resigned in protest
“Absolutely amazing” is how the University of California, Santa Barbara described the plans for Munger Hall, a sprawling residence hall for more than 4,500 students, designed by Charlie Munger, a billionaire and an executive at Berkshire Hathaway Was. But Dennis McFadden, an architect who served as a consultant on the university’s design review committee, did not agree. On 24 October, in a…
View On WordPress
0 notes
Text
Inside the 60-Year Friendship of Warren Buffett and Charlie Munger Who Both Started Out Working in the Same Grocery Store
Inside the 60-Year Friendship of Warren Buffett and Charlie Munger, Who Both Started Out Working in the Same Grocery Store https://www.entrepreneur.com/business-news/warren-buffett-charlie-munger-inside-the-60-year/466304 Munger died last week at age 99. via Entrepreneur: Latest Articles https://www.entrepreneur.com/latest December 04, 2023 at 01:07PM
0 notes
filternewsofficial · 3 years
Text
World's billionaire factory shaken as China cracks down on 'savage growth'
World’s billionaire factory shaken as China cracks down on ‘savage growth’
It was the type of brazen PR stunt that Jack Ma might need dreamed up. However this wasn’t the flamboyant Chinese language billionaire who disappeared from public view eight months in the past. It was Mark Zuckerberg, coming up and down on a hydrofoil surfboard, clutching an American flag and exuding all the boldness of a person value $130 billion. The distinction between the social media…
View On WordPress
0 notes
vilaspatelvlogs · 3 years
Text
बिहार में ममता हुई शर्मशार! जन्म के तुरंत बाद अपनी बच्ची को फेंका
बिहार में ममता हुई शर्मशार! जन्म के तुरंत बाद अपनी बच्ची को फेंका
अगलीखबर Ramgarh: मौसेरे देवर की खातिर बीवी ने की बेवफाई, प्रेमी के साथ रेत डाला पति का गला Source link
View On WordPress
0 notes
tezlivenews · 2 years
Text
बिहार पंचायत चुनाव : 'लॉटरी के डिब्बे को जीत का श्रेय', मुंगेर में बहू ने सास को हराया, बोली- अब बाहर मेरा राज
बिहार पंचायत चुनाव : ‘लॉटरी के डिब्बे को जीत का श्रेय’, मुंगेर में बहू ने सास को हराया, बोली- अब बाहर मेरा राज
हाइलाइट्स बिहार पंचायत चुनाव में चौंकाने वाले नतीजे मुंगेर में एक बहू ने अपनी सास को हरा दिया सास और बहू दोनों को मिले बारबर वोट अधिकारियों ने लकी ड्रॉ से लिया फैसला मुंगेरबिहार पंचायत चुनाव में एक बहू अपनी सास पर भरी पड़ गई। लकी ड्रॉ में बहू की किस्मत ने साथ दिया और उसने सास को मात दे दी। हालांकि आखिर तक दोनों मैदान में डटी रहीं। मगर अंत में बाजी बहू के हाथ लगी। इसके बाद सुनीता देवी के चेहरे…
Tumblr media
View On WordPress
0 notes