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Here’s what Charlie Munger had to say at the Daily Journal meeting

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Michelle deBoer-Jones
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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.

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Charlie Munger

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...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.