Friday, September 12, 2014

Billionaire Charlie Munger on Investing and Stupidity in the World

1 comment:

  1. Fed’s Fischer Leads Committee Watching for Asset-Price Bubbles (Here Are Bubbles To Watch, Stan!)

    There you go Stan! Home prices and equity markets are in a bubble (thanks to NO bubble in wages and earnings). And no current gold bubble either.

    So I would watch the equity markets and home prices for excessive risk taking.

    Stanley Fischer with “Orange Lady” Christine Lagarde from the International Monetary Fund (IMF) looking for asset bubbles over coffee. And apparently Lagrade has been promoted to General in the Global Monetary Army.

    https://confoundedinterest.wordpress.com/2014/09/13/feds-fischer-leads-committee-watching-for-asset-price-bubbles-here-are-bubbles-to-watch-stan/

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