Watch Legendary Investor Charlie Munger's Final Interview With CNBC
1:42:25
Watch Legendary Investor Charlie Munger's Final Interview With CNBC
654.4K viewsDec 6, 2023
YouTubeCNBC
“Easy money corrupts and really easy money tends to corrupt absolutely.” In this 2010 interview at the University of Michigan, Becky Quick asks Charlie Munger about Wall Street’s reputation after the financial crisis. Munger criticizes the fortunes made selling poor quality mortgages and argues that permissive accounting standards helped enable the behavior. He discusses Enron, bank loan losses, and the pressure on competitive CEOs to match their peers’ reported earnings. “The accountant is like
8:17
“Easy money corrupts and really easy money tends to corrupt absolutely.” In this 2010 interview at the University of Michigan, Becky Quick asks Charlie Munger about Wall Street’s reputation after the financial crisis. Munger criticizes the fortunes made selling poor quality mortgages and argues that permissive accounting standards helped enable the behavior. He discusses Enron, bank loan losses, and the pressure on competitive CEOs to match their peers’ reported earnings. “The accountant is like
265 views1 week ago
TikTokbecomingberkshire
Charlie Munger’s Life Advice: Let Go of Things That Don’t Matter | Final Interview with CNBC 2023
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Charlie Munger’s Life Advice: Let Go of Things That Don’t Matter | Final Interview with CNBC 2023
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Charlie Munger on Staying Sane While Getting Rich | Final Interview with CNBC 2023
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Charlie Munger on Staying Sane While Getting Rich | Final Interview with CNBC 2023
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Berkshire Hathaway VP Charlie Munger on investing
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Berkshire Hathaway VP Charlie Munger on investing
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How Charlie Munger Survive Life’s Hardest Moments... | Final Interview with CNBC 2023
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