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charlie.munger.wisdom

2024-04-28 08:48:43

apparently my generation i think paul jones made the point we've given nothing
we've given nothing
and now we want to screw our grandchildren
finally we get the memo
and i see the other thing i'm optimistic about jerome pow
normalizing interest rates yep
we now have a hurdle rate for investment in this country
so
i think the allocation of capital ironically i think it could be it could be a force for good i'm open-minded
to a really bad outcome and i'm open-minded
to a decent outcome um
we've got to stop guys were drunk
we're digging this deep hole
what are we doing here