Charlie Munger warns about inflation getting out of control as a result of reckless money printing and government spending, which was overdone. The legendary investor says this is very serious, and we’re flirting with serious trouble here… When Charlie Munger shares his thoughts on what’s happening, we all better listen!
Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren Buffett, Charles T. Munger has a net worth of around $2 billion. He is a profoundly wise man who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, rationality, and life experience.
Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content!
————————————————–
Yahoo Finance
Becky Quick & CNBC
🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel.
“BE CAREFUL! This Is Serious…” – Charlie Munger’s Last WARNING…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Minute 3:01, Garni Temple in Armenia.
ppl in this comment section worried about personal oligarch………………. youre fully missing the point rofl. This is empire talk here??? hello?? The Greatest of the Greatest Generation hits you with "a very serious subject" .
Mister Charlie Munger, with one leg in his grave and still greedy for more money!
His whole way of thinking is wrong. It is not the amount of money tha kills nations. It is the distribution of wealth that creates barriers to growth. Crises are a product of concentration of wealth.
In this current time what is the true cause of inflation? Though the market is down, large companies are hitting record profits as prices rise what role does this have in causing inflation?
For Earth to survive, human race must face its end. Like we came, that same way we gonna go back, planet will spit us out like we spit insert that gets in mouth.
We are degenerate cancer cell only waiting to rot out and get replaced by something that will not cause as much trouble to ecosystem as we did.
Great job both parties, allowing the financial system to do whatever they wanted to do.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?
Amazing insight
I want to invest in the crypto market I need a reliable broker that will help me trade my coin and make profits Any recommendations?
It's quite been frustrating to watch my crypto fall Repeatedly over the last few months. Any ideas on how I could increase my profits in this market?
Stop we can't do nothing
There is one (Hilter) now in US !
Remember there was Covid and people thought its going to be end of the world and it bounced back pretty hard. Always think of long term.
Always focus on long term no matter what it js
Investment
Relationship
Career
Fitness
Health
Thats a universal truth.
Mr. Munger, at the risks of sounding ride or forward, thanks for the very important economic information, buy did you tell the government and politicians this. This is scare, really freaking scary. Are people heading this?
Lol most of us wont be here in 3 months
For a guy that calls Bitcoin rat poison… he sure speaks to it’s potential solutions to the fiat money printing issues, etc.
Great speech !