Connect with us

Business

Charlie Munger blasted bitcoin, Robinhood, SPACs at Berkshire meeting – Markets Insider

‘It’s not just stupid, it’s shameful,’ Charlie Munger said about the ongoing boom in market speculation, and regulators not acting to curb it.

Published

on

Article feature image
ADVERTISEMENT

Warren Buffett and Charlie Munger.
REUTERS/Rick Wilking

  • Charlie Munger tore into bitcoin, Robinhood, and SPACs at Berkshire Hathaway’s annual meeting.
  • Warren Buffett’s business partner dismissed big-tech competition concerns.
  • Munger said aggressive federal spending can’t go on forever.
  • See more stories on Insider’s business page.

Charlie Munger, Warren Buffett’s right-hand man, blasted bitcoin, Robinhood, and SPACs at Berkshire Hathaway’s annual meeting on Saturday.
Munger, Berkshire’s 97-year-old…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Macy’s Outlines Ambitious Plan for Herald Square: Live Updates – The New York Times
Article feature image
Dogecoin sinks as Elon Musk calls it ‘a hustle’ on SNL – Yahoo Finance
Article feature image
Cloud stocks plunge to six-month low as investors hasten rotation out of recent top performers – CNBC