Charlie Munger warns there are ‘lots of troubles coming’ because of ‘too much wretched excess’
Charles Munger
David A. Grogan | CNBC
Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, issued a dire warning about the future on Wednesday.
“I think there are lots of troubles coming,” he said at the Los Angeles-based Daily Journal annual shareholders meeting. “There’s too much wretched excess.”
Munger — who chairs the publisher —…