Get my new Bitcoin book:
https://www.amazon.com/dp/B08RX8Q4ZQ

In this video, I discuss Charlie Munger's recent comments about Bitcoin, in the context of his investments in junk food companies and big banks.

Munger and Buffett have been standing next to the money printer for so many years, that they are blind to Bitcoin's benefits for mankind.

Buffett and Munger are beneficiaries of a corrupt, poorly-run fiat financial system whose days are numbered.

Not investment advice! Consult a financial advisor.

Munger thinks that Bitcoin is disgusting:
https://www.cnbc.com/2021/05/01/charlie-munger-calls-bitcoin-disgusting-and-contrary-to-the-interests-of-civilization.html

https://twitter.com/YahooFinance/status/1388586650150838272

Charlie Munger's investment career:
https://en.wikipedia.org/wiki/Charlie_Munger#Investment_career

Coke and diabetes:
https://provelopment.wordpress.com/2018/01/16/share-a-coke-share-diabetes-coca-cola-consumption-in-africa-and-the-growing-diabetes-epidemic/

https://www.nytimes.com/2018/07/14/world/americas/mexico-coca-cola-diabetes.html

https://timesofindia.indiatimes.com/life-style/health-fitness/health-news/cola-drinks-lead-to-gestational-diabetes/articleshow/5287353.cms

Munger on how to get rich selling addiction:
https://fs.blog/turning-2-million-into-2-trillion/

Cort Furniture Rental lawsuit:
https://caselaw.findlaw.com/us-3rd-circuit/1372041.html

Kraft Foods:
https://en.wikipedia.org/wiki/Kraft_Foods_Inc.

Wells Fargo's poor business practices:
https://www.businessinsider.com/wells-fargo-banker-money-laundering-drug-cartel-sinaloa-mexico-2019-5

https://www.cnn.com/2020/02/21/business/wells-fargo-settlement-doj-sec/index.html

Buffett and Munger benefited massively from bailouts:
https://www.businessinsider.com/warren-bailout-buffett-2009-8

https://www.mcclatchydc.com/news/nation-world/national/economy/article24532354.html

https://www.wsj.com/articles/BL-DLB-23718

The revolving door between the government and Goldman Sachs:
https://i.imgur.com/EnjyFNN.png

Buffett is too old to understand tech well:
https://www.cnbc.com/2020/02/24/apple-investor-warren-buffett-traded-in-his-flip-phone-for-an-iphone.html

Cantillon Effect:
https://materials-risk.com/what-is-the-cantillon-effect/

The Belle Époque:
https://en.wikipedia.org/wiki/Belle_%C3%89poque

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#WarrenBuffett
#Munger

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