Tuesday, May 8, 2018

Good ol' Charlie Munger


CCN - Charlie Munger says trading bitcoin nearly as bad as trading in harvested baby brains. This guy's great:

The 94-year-old Munger then proceeded to compare cryptocurrency trading to dealing in “freshly harvested baby brains,” arguing that both would be immoral even if profitable.


“Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it?” he asked. “To me bitcoin is almost as bad.”

Munger then took aim at bitcoin proponents, alleging that it is disgraceful to promote cryptoassets and chastising them that it is “beneath you.”


“I regard the whole thing as a combination of dementia and immorality. I think the people pushing it are a disgrace,” he concluded. “There ought to be some things that are beneath you, that you just don’t do, and this is one.”


To be fair, harvested baby brains won't make McAfee eat his own dick on national TV.

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