, which is short for earnings before interest, taxes, depreciation, and amortization. It's a common metric that companies such as Uber use when reporting quarterly and annual earnings.
Munger also thinks investors today are taking too much risk, and highlighted China as part of the problem, saying,"It's hard to imagine anything dumber than the way the Chinese hold stocks," according to CNBC. In addition, the 96-year-old investor said he's worried that the innovation seen in his lifetime could slow, according to the report.
Let's remember folks the two important things to look for in the Dow... The PE ratio and the market cap.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Charlie Munger: The Strongest Companies In The World Are In China, Not America“Chinese companies are stronger than ours,” famed investor Charlie Munger said in an annual address today by skleb1234 skleb1234 Senility on 'full display'. Push that pro-China narrative OneWorldOrder elitist! QAnon skleb1234 Forbes, did he list examples of companies? How does Charlie Munger define strength?
Source: Forbes - 🏆 394. / 53 Read more »
Charlie Munger: The Strongest Companies In The World Are In China, Not America“Chinese companies are stronger than ours,” Munger said in an annual address. Warren will soon be relocating and be known as.. The Oracle of Shanghai - Charlie Munger of Berkshire Hathaway: The Strongest Companies In The World Are In China, Not America ? Obviously. The PRC is in itself a corporation at this point, only rivalled by Aramco
Source: Forbes - 🏆 394. / 53 Read more »
Stock market live updates: Dow up 200, Charlie Munger comments on Tesla and moreStock market live updates: “I would never buy [Tesla] and I would never sell it short...I think Elon Musk is peculiar and he may overestimate himself, but he may not be wrong all the time,” Charlie Munger said. .....ok then. Probably same reason these guys didn’t buy Google and now regret it He's protected with subsidies so I'm not impressed.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Dow up 200, Charlie Munger comments on Tesla and moreStock market live updates: “I would never buy [Tesla] and I would never sell it short...I think Elon Musk is peculiar and he may overestimate himself, but he may not be wrong all the time,” Charlie Munger said. .....ok then. Probably same reason these guys didn’t buy Google and now regret it He's protected with subsidies so I'm not impressed.
Source: CNBC - 🏆 12. / 72 Read more »