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Charlie Munger downplays risk of Taiwan invasion, says crypto fans are 'idiots'
Charlie Munger downplays risk of Taiwan invasion, says crypto fans are 'idiots'

Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday said China remains a top opportunity for investors despite geopolitical risks. Munger also doubled down on his recent Wall Street Journal editorial calling for the U.S. government to follow China and ban cryptocurrency, saying "people who oppose my position are idiots." The 99-year-old spoke while fielding 2-1/4 hours of questions at the annual meeting of Daily Journal Corp, a Los Angeles ne
Watch: Becky Quick Can Barely Contain Herself During Charlie Munger's Foul-Mouthed Crypto Rant
Watch: Becky Quick Can Barely Contain Herself During Charlie Munger's Foul-Mouthed Crypto Rant

If there's one thing billionaire investor Charlie Munger is known for, it's his way with words. The vice chairman of Berkshire Hathaway spoke up about crypto in an interview on CNBC with host Becky Quick in response to a viewer question regarding banning cryptocurrencies. Munger took a moment to organize his thoughts before replying, but once he did, the 99-year-old did not hesitate to spell out his feelings, calling people who opposed his position on crypto "idiots."
Crypto? ‘It’s worthless. It’s no good. It’s crazy. It does nothing but harm and it’s antisocial’, says Charlie Munger
Crypto? ‘It’s worthless. It’s no good. It’s crazy. It does nothing but harm and it’s antisocial’, says Charlie Munger

Charlie Munger, who has called for a ban of cryptocurrencies in the U.S., slammed digital assets again on Wednesday and said anyone who opposes his position on such assets are “idiots.” “I’m not proud of my country for allowing this crap,” Munger added. It does nothing but harm and it’s antisocial’, Munger said.
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