Bloomberg/Aisha S. Gani/11-15-2022
“’It’s partly fraud and partly delusion,’ Munger, vice chairman of Berkshire Hathaway said on CNBC Tuesday. ‘That’s a bad combination. I don’t like either fraud or delusion. And the delusion may be more extreme than the fraud.’”
USAGOLD note: Munger holds nothing back in his criticism of cryptocurrencies. We find it extraordinary that some investors appear to be buying the dip (Or is it walking the plank?) ……
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