Charlie Munger spoke at the Daily Journal Corporation's Annual Meeting of Shareholders today. Although Warren Buffett is the more well-known Berkshire Hathaway chief, Munger has been at his side through much of his investing career.
Q4 2020 hedge fund letters, conferences and more
Charlie Munger's speech at the Daily Journal meeting was live-streamed on Yahoo Finance.
Charlie Munger at the Daily Journal: speculators, beware
Munger warned stock market speculators and criticized Robinhood and other trading platforms that cater to them. He noted that sometimes the market goes through periods with large amounts of speculation, and he generally just tries to "ride them out."
However, he warned amateurs and day traders not to...




