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  1. #1
    Banned ApeXXXPredator's Avatar
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    Charlie Munger doesn't believe in Bitcoin and never buys gold

    Why do you think he is against both?
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  2. #2
    Registered User ApeMode666's Avatar
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    who cares? he's old as fuk and doesn't have much longer left, let him be
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  3. #3
    Registered User Destor's Avatar
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    Buffett and Munger are value investors, and why sink your money into something that produces nothing of value when you can buy companies who provide the goods/services we all depend on
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  4. #4
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    Originally Posted by Destor View Post
    Buffett and Munger are value investors, and why sink your money into something that produces nothing of value when you can buy companies who provide the goods/services we all depend on
    This...plus I think Munger's and Buffett's big issue with gold and crypto is that you can't figure out their intrinsic value since these commodities don't produce anything. So in their eyes purchasing either is akin to speculating
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  5. #5
    Registered User cavillac's Avatar
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    Originally Posted by metallideth View Post
    This...plus I think Munger's and Buffett's big issue with gold and crypto is that you can't figure out their intrinsic value since these commodities don't produce anything. So in their eyes purchasing either is akin to speculating
    This ^ and they probably realize that the US will never allow crypto to take hold as an actual currency as they cant manipulate it.
    *teampunishment negged crew*
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  6. #6
    CoinCell VinnyPazRules's Avatar
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    cuz hes already stupid rich?
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    Banned PimpMasterC's Avatar
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    Bitcoin is fundamentally flawed
    There are usually many better investments around than gold
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    Registered User dontstopbelief's Avatar
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    Because they aren't in the true sense of the definition, investments.
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  9. #9
    Buy high, sell higher. HMFIC_BROWSIN's Avatar
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    probably has something to do with being 97 years old
    MTB = leg day
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  10. #10
    Registered User underjeep's Avatar
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    Originally Posted by ApeXXXPredator View Post
    Why do you think he is against both?
    This guy took your username: twitter.com/APompliano/status/1369436959530221570
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