China vs US: Charlie Munger’s BEST Quotes (ft. Warren Buffett & BYD EVs)
In this video, we look at Charlie Munger’s thoughts on China (ft. Buffett), including his views on their government, US-China relations and his investment in EV maker, BYD.
TIMESTAMPS:
0:00 - Intro (ft. Buffett)
1:59 - China’s Government, Deng Xiaoping, Crypto & Jack Ma
3:25 - America is too arrogant towards China
5:25 - US-China Trade Wars (ft. Buffett)
6:53 - BYD vs Tesla electric vehicles
7:34 - Invest in US vs China? (ft. Taiwan & political tensions)
9:46 - Munger’s criticism of China
Charlie Munger was an American investor, vice chairman of Berkshire Hathaway and right-hand man to Warren Buffett (considered the greatest investor of the 20th century). Munger was credited as being the architect of Berkshire Hathaway’s business philosophy.
Born in 1924, Munger started his investment career in 1962 (after stints in the military and law) and never looked back. Widely known for speaking his mind, investors flocked to his meetings to hear his best quotes and one-liners. He passed in November last year, just a month shy of his 100th birthday, and still held positive views on China in 2023, despite his poor experience investing in Alibaba.
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