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Warren Buffett isn’t the only man responsible for his enterprise Berkshire Hathaway generating 20% per year returns for almost 6 decades.
Charlie Munger, Buffett’s right hand man, is also a wildly successful investor responsible for many of Berkshire’s most successful investments.
And today, Munger sat down for a 6 hour Q&A session with Buffett, where he provided a frightening outlook for the stock industry in 2023.
Just last week another US lender collapsed, signalling that the banking crisis is far from over, all while the federal reserve struggles to get inflation under control without crippling the economy.
In this video, I’m going to break down some clips of Charlie Munger from the Berkshire Hathaway annual meeting including his outlook on the future of value investing and the economy.
TIMESTAMPS
INTRO 0:00
ECONOMIC PREDICTION 1:04
STOCK industry PREDICTION 6:31
BUFFETT DISAGREES WITH MUNGER 8:30
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Disclaimer:
The information in this video is general information only and should not be taken as constituting professional advice from Hamish Hodder.
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