Charlie Munger: Berkshire, Billionaires, & the Blockchain 11/15/22

Berkshire Hathaway Vice Chairman Charlie Munger, at 98, weighs in on the market’s latest hyped asset–and its collapse: crypto. As exchange FTX crumbles and its CEO faces regulatory and social scrutiny, Charlie Munger, a longtime partner and friend of Warren Buffett, compares this stock market story to all the ones he’s seen before. In an extended interview with Becky Quick, Munger considers the real value in the blockchain, examining the claim that bitcoin is the “new gold.” Plus, he might not tweet, but the seasoned billionaire has thoughts on Elon Musk and on Tesla, his “minor miracle.” In this episode: Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Katie Kramer, @Kramer_Katie