Great Video of Jim Chanos on the Chinese Bubble. He thinks a crash in China could cause far reaching consequences. He thinks the data on GDP is flawed, since the Government mandates a certain GDP number and makes sure that the number is reached. It also makes little sense that the GDP number always comes in around the same percentage.
The Video is nearly an hour long.
Here’s what Charlie Munger had to say at the Daily Journal meeting
Charlie Munger spoke at the Daily Journal Corporation's Annual Meeting of Shareholders today. Although Warren Buffett is the more well-known Berkshire Hathaway chief, Munger has been at his side through much of his investing career. Q4 2020 hedge fund letters, conferences and more Charlie Munger's speech at the Daily Journal meeting was live-streamed on Yahoo Read More