Charles Munger still favors large banks and despises Cryptocurrency

Charles Munger still favors large banks and despises Cryptocurrency

Charlie Munger, the 99-year-old vice chairman of Berkshire Hathaway and longtime friend and business associate of Warren Buffett, said that he’s still a fan of many big bank stocks, even as Berkshire Hathaway has trimmed its top financial holdings. He also stepped up his long-time criticism of cryptocurrencies, calling them “noxious poison.”Munger’s comments come as … Read more