Quote on Business by Charlie Munger
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"Wells Fargo had a glitch - the truth of the matter is they made a business judgement that was wrong. I don't think anything is fundamentally wrong."
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"Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison."
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"Wells Fargo had a glitch - the truth of the matter is they made a business judgement that was wrong. I don't think anything is fundamentally wrong."
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"Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison."
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"When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change."
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