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Warren Buffett isn’t the only man responsible for his company Berkshire Hathaway generating 20% per year returns for almost 6 decades.
Charlie Munger, Buffett’s right hand man, is also a wildly successful investor responsible for many of Berkshire’s most successful investments.
And today, Munger sat down for a 6 hour Q&A session with Buffett, where he provided a frightening outlook for the stock market in 2023.
Just last week another US bank collapsed, signalling that the banking crisis is far from over, all while the federal reserve struggles to get inflation under control without crippling the economy.
In this video, I’m going to break down some clips of Charlie Munger from the Berkshire Hathaway annual meeting including his outlook on the future of value investing and the economy.
TIMESTAMPS
INTRO 0:00
ECONOMIC PREDICTION 1:04
STOCK MARKET PREDICTION 6:31
BUFFETT DISAGREES WITH MUNGER 8:30
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Disclaimer:
The information in this video is general information only and should not be taken as constituting professional advice from Hamish Hodder.
Hamish Hodder is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances.
Hamish Hodder is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this video.
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