1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Warren Buffett Tries to Explain His Colorful Partner Charlie Munger

May 06, 2013 | About:

In a little post-Berkshire annual meeting wrap-up Becky Quick gets the chance to ask Warren a few questions about some of Charlie Munger's more controversial comments from the meeting.

Comments such as:

- With respect to short-sellers Munger said, "We don't like trading agony for money."

- On Greece Munger said, "Letting Greece into the EU was sort of like serving rat poison as whipping cream."

- On bankers, "They are like heroin addicts."

- Munger called high-frequency trading "legalized front-running."

- The Fed policy hurts the savers because they are "convenient."

Warren as always handles Charlie's more controversial comments in a diplomatic fashion!







About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


rael22220/0/0/5
pbarker46Median PS ideas
pbarker4610 years of dividend growth
Raven94INDUSTRY (Asset Mgt)
carlo81ltValue Carlo
carlo81ltValue CDL1
carlo81ltValue CDL
yowie89Conservative - UK
pbarker46Worth a second look?
eugenewangGrowth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK