Charlie Munger says investors should look beyond the inflation spike, back both fossil fuels and renewable energy, and “never touch” cryptocurrencies.following his personal investment with Melbourne-based investment company Stonehouse Corporation,Charlie Munger: “I intend to live through inflation. I’ve lived through a lot of it already.
Nevertheless, Munger acknowledged that interest rate rises would have a significant impact on stock prices and business valuations.“The stockmarket’s always having plunges up and down,” he says. Mr Buffett revealed in May that Berkshire had invested $US51 billion in stocks and repurchased $US3.2 billion of its own shares.
Amid the global energy crunch fuelled by the war between Ukraine and Russia, Munger is adamant that fossil fuels, including Australian liquefied natural gas, have a massive role to play to feed the world’s energy needs.“If you stop to think about it, the present population of the world couldn’t eat if we didn’t use natural gas to create nitrogen fixer fertiliser.Berkshire last month increased its ownership in US-listed Occidental Petroleum Corp, taking its stake to 17.4 per cent, or about $US9.
Amazingly there is actually an optical allusion in the drawing…see it looks like a girl holding/kissing a guy, on the right hand side you can see the girls long hair…you need to squint you eyes and the photo will come together
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
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