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Benzinga
Benzinga
Business
Chris Katje

Robinhood Is Unraveling, 'God Is Getting Just': Charlie Munger Tells Berkshire Shareholders Investors Are Gambling On Stock Market

Charlie Munger Robinhood Warren Buffett Stock Market Berkshire Hathaway NYSE

Warren Buffett and Charlie Munger are known for investing in long-term growth and stable businesses. At the annual Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB) shareholder meeting, the duo criticized the state of the market and singled out one company that helped boost gambling on the stock market.

What Happened: Munger called Robinhood Markets (NASDAQ:HOOD) a good idea that was “grossly overdone.”

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