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The Latest Breaking News from Charlie Munger

Crypto Isn't a Currency and Should Be Banned, Billionaire Munger Says

Warren Buffett's right-hand man calls on the U.S. to ban cryptocurrencies.

The Street

Warren Buffett's right-hand man Charlie Munger, who once called crypto 'rat poison,' says we should follow China’s lead and ban cryptocurrencies altogether

“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract."

Fortune

Charlie Munger's plans for a massive college dorm with almost no windows poses ‘significant health and safety risks,’ report finds

“It would be unwise for UCSB to proceed without significant modifications to the design,” the report said.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Sen. Sherrod Brown leaves possibility of crypto ban open as momentum builds for stronger regulation

"Crypto doesn’t get a free pass because it’s bright and shiny," said the Senate banking chairman Sunday.

Fortune

Berkshire Hathaway's Warren Buffett’s Best Quotes of 2022

At 91, Warren Buffett’s still going strong and he still has a lot to say. People are listening.

The Street

Crypto's biggest player says most people shouldn't invest in crypto right now

Binance's CZ calls on the crypto community to help 'rebuild' after FTX collapse, while advising first-time investors to stay away.

Fortune

Berkshire Hathaway's Charlie Munger dunks on crypto once again, saying it’s “good for kidnappers” and “not a real asset”

“Nobody’s gonna say I got some shit that I want to sell you. They say—it’s blockchain!”

Fortune

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Elon Musk Warns Against a Social Media Giant

The CEO of Tesla is one of the most influential personalities on social networks, but he is very critical of one of the most popular platforms.

The Street

Warren Buffett Now Owns Bitcoin: Here's How The Oracle Of Omaha Got Exposure

This article was originally published on May 14, 2022.

Benzinga

Crypto during a recession: Here’s what to expect

Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

Tribune News Service

Charlie Munger Not Worried About Inflation, Economy

Berkshire Hathaway's Charlie Munger discussed his outlooks on the economy, oil, renewable energy and cryptocurrency after his recent personal investment in an Australian investment company. Billionaire investor Munger who has worked alongside with Warren Buffett for several ...

The Street

Berkshire's Munger Finds a 'Soulmate'

Berkshire Hathaway's Charlie Munger, who has worked alongside Warren Buffett for several decades, made a private investment in a Melbourne-based investment company because its founder is a "soulmate" to the conglomerate. Munger, vice chairman of Berkshire Hathaway, invested recently in ...

The Street

What Are Billionaires Reading? Musk, Bezos, Gates, Buffett & Others Recommend These Books

Berkshire Hathway’s (NYSE: BRK.B) Charlie Munger once said, “In my whole life, I have known no wise people who didn’t read all the time.”

Benzinga

Bitcoin and crypto prices are extremely volatile ⁠— What to do when they’re crashing

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. In just a four-day period in early June, Bitcoin fell from $30,500 to about $23,500 —…

Tribune News Service

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Benzinga

Coinbase CEO Brian Armstrong Sees Bitcoin To Become A Global Reserve Currency, But These 3 Investors Disagree

Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong stated his confidence that Bitcoin (CRYPTO: BTC) may become the new global reserve currency for the world.

Benzinga

'The Big Short' Legend Michael Burry Reveals How He Reacted On First Seeing 'Hero' Charlie Munger

Value investor and former hedge fund manager Michael Burry revealed what he did when he had a close encounter with the vice-chairman of Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B),&n

The New Daily

Michael Pascoe: The RBA is hunting down the bezzle

Most of what is pushing up prices now won’t be affected by increasing interest rates – but higher rates will wound the bezzle.

Tribune News Service

Bitcoin and crypto prices are extremely volatile ⁠— What to do when they’re crashing

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. Even seemingly reliable stablecoin TerraUSD has plunged as concerns quickly developed about its solvency, and the…

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news in one place.

100’s of premium titles.
One news app.

Benzinga

Cathie Wood Raises Stake In Robinhood, 2 Other Crypto-Linked Stocks On The Dip

Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in cryptocurrency-linked companies Robinhood Markets Inc (NASDAQ: HOOD), Coinbase Global Inc (NASDAQ: COIN<

The Street

Bitcoin: Buffett, Munger Redouble Their Attacks; Evangelists Smile

The battle of words between Warren Buffett and his sidekick Charlie Munger against crypto evangelists around bitcoin is escalating.

Tribune News Service

Buffett lures fans to Omaha with stock buys, inflation talk

As war broke out in Europe and U.S. inflation soared, Berkshire Hathaway Inc.’s Warren Buffett was doubling down on a tried-and-trusted strategy to navigate the fallout.

Tribune News Service

Buffett is back with one of his biggest buying sprees in years

After complaining for years that high valuations were thwarting his stock-buying efforts, Warren Buffett’s Berkshire Hathaway Inc. is back hoovering up other companies’ shares.

AFP

Buffett details spending spree, takes jab at Wall Street

New York (AFP) - The billionaire finance guru Warren Buffett, who complained recently that he did not know where to put his money, said Saturday he has invested billions of dollars so far this year, even as he took jabs at Wall Street.

Benzinga

'Just Say No' To Putting Bitcoin In Retirement Account: Charlie Munger And Warren Buffett Still Not Fans Of Crypto

An audience question at the Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) annual shareholder meeting on Saturday that wasn’t even about Bitcoin still prompted a crypto related response from Charlie Munger.

Benzinga

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

Warren Buffett and Charlie Munger are known for investing in long-term growth and stable businesses.

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