Charlie Munger: The Strongest Companies In The World Are In China, Not America

  • 📰 Forbes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

“Chinese companies are stronger than ours,” Munger said in an annual address.

Nati Harnik/ASSOCIATED PRESSFamed investor Charlie Munger, vice chairman at Berkshire Hathaway and longtime business partner of Warren Buffett, shared his investing wisdom at an annual address on Wednesday, speaking on a variety of topics including China and explains why he’d never buy Tesla.

With the 2020 election drawing ever closer, Munger also raised concern over the state of U.S. politics, calling it “weirdly awful” because of the “excesses of hatred you see everywhere.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

1) Doubt it. 2) Some, with the approval of the Communist government 3) The history of Communism is that it cannot successfully operate a profit making enterprise, so must allow Capitalist enterprises to keep their country going.

Obviously. The PRC is in itself a corporation at this point, only rivalled by Aramco

?

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

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:

 /  🏆 394. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »