Munger warns of lost decade for investing (2021-2031)
https://www.youtube.com/watch?v=IY0flE2NZh4Comments
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On printing money:
"We're very near the edge of playing with fire" -
The whole world is printing like crazyDerekJohnson said:On printing money:
"We're very near the edge of playing with fire" -
Take it to the Inflation thread Stalin!
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Munger has always been Eeyore to Buffet's Pooh.
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I'm going to actually listen to this. If you see my marathon response to @HoustonHusky in the real Inflation thread, you'll realize that I actually am quite worried about this. I think about it all the time these days.creepycoug said:Take it to the Inflation thread Stalin!
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I listened. He says what makes sense to me. On the other hand, Munger, like Buffet, is a value investor. He looks for deals. He doesn't just jump in to the economy and hopes it keeps growing.
Still, there is this concern that the economy isn't real and we're printing make-believe currency to prop it up and, as he said, on the edge of playing with fire.
If only @UW_Doog_Bot would return and talk us? off the edge. -
Bot will be back. He'll come back home.creepycoug said:I listened. He says what makes sense to me. On the other hand, Munger, like Buffet, is a value investor. He looks for deals. He doesn't just jump in to the economy and hopes it keeps growing.
Still, there is this concern that the economy isn't real and we're printing make-believe currency to prop it up and, as he said, on the edge of playing with fire.
If only @UW_Doog_Bot would return and talk us? off the edge. -
I'm just waiting for the housing crash then buying some shit. Fortunately with remote being more of a thing (obviously it will be less so than now but the vid pushed that like 10 years ahead of schedule) options have increased greatly.creepycoug said:I listened. He says what makes sense to me. On the other hand, Munger, like Buffet, is a value investor. He looks for deals. He doesn't just jump in to the economy and hopes it keeps growing.
Still, there is this concern that the economy isn't real and we're printing make-believe currency to prop it up and, as he said, on the edge of playing with fire.
If only @UW_Doog_Bot would return and talk us? off the edge.
Still as a young dude (not that young but still) the ability to go where needed is pretty huge. -
Anybody know where he is?DerekJohnson said:
Bot will be back. He'll come back home.creepycoug said:I listened. He says what makes sense to me. On the other hand, Munger, like Buffet, is a value investor. He looks for deals. He doesn't just jump in to the economy and hopes it keeps growing.
Still, there is this concern that the economy isn't real and we're printing make-believe currency to prop it up and, as he said, on the edge of playing with fire.
If only @UW_Doog_Bot would return and talk us? off the edge. -
He emailed me the other day. He'll be back.creepycoug said:
Anybody know where he is?DerekJohnson said:
Bot will be back. He'll come back home.creepycoug said:I listened. He says what makes sense to me. On the other hand, Munger, like Buffet, is a value investor. He looks for deals. He doesn't just jump in to the economy and hopes it keeps growing.
Still, there is this concern that the economy isn't real and we're printing make-believe currency to prop it up and, as he said, on the edge of playing with fire.
If only @UW_Doog_Bot would return and talk us? off the edge.
