Charlie Munger, a long -term business partner of Buffett in the United States, said on Wednesday (February 16) that the upgrading of tensions in the United States and China is a "extremely stupid" thing.
According to Reuters, Martialine, 98, expressed the above view at the Daily Journal Corp annual meeting.He is chairman of Daily Journal, but his more well -known identity is the vice chairman of Berkshire Hathaway Group since 1978.
Munger has a long time to optimize the Chinese market and take the lead in promoting Berkshire to invest in Chinese electric vehicle manufacturer BYD. Recently, Daily Journal has doubled its shareholding in the Chinese e -commerce giant Alibaba Group.
When being asked about political pressure from China, Munger said that Sino -US relations have recently deteriorated because the two governments of the two countries are different, nor because one country does in some ways.Good country.
He said, "We hope China and the United States can get along better. Think about how stupid it is to heat up the tension between China and the United States ... they should be like us, we should also look like them"
Munger also criticized cryptocurrencies, saying that he hopes to prohibit cryptocurrencies from the beginning.He said: "I am proud of being infected with it. It is like a sexually transmitted disease. I completely disdain it. Some people think it is a modernization. They welcome this very useful in extortion, abduction and tax evasion.Currency. "
Munger also predicts that Berkshire, which holds Apple, Google's parent company Alphabet Inc and Microsoft stocks 50 years later, will be" very powerful "in 50 years.
