Charlie Munger: Banks may ‘get in trouble again’
Despite Berkshire Hathaway’s large investments in big banks, Charlie Munger says the banks need more regulation and less risk on their trading books.
Charlie Munger on jobs: ‘Suffering is required’
Billionaire Berkshire Hathaway Vice Chairman Charlie Munger says, ‘I don’t think you change policies because some people are suffering.’
Buffett: Income inequality hurting economy
Billionaire investor Warren Buffett thinks immigration reform will pass in Congress and that rising income inequality is a drag on economic growth.
At this year's annual Robin Hood conference, which was held virtually, the founder of the world's largest hedge fund, Ray Dalio, talked about asset bubbles and how investors could detect as well as deal with bubbles in the marketplace. Q1 2021 hedge fund letters, conferences and more Dalio believes that by studying past market cycles Read More
Buffett on stimulus: Consider consequences
Warren Buffett says the Fed’s policies are driving higher asset prices and that fiscally, ‘the downside of that stimulus would be greater than the immediate benefits.’