I just finished watching the 7.5 hr long Berkshire meeting rerun. It was pretty solid. But few of you will want to put in that many hours watching two old dudes talking. Here’s an 8 min interview of Charlie Munger that captures the gist of it. Munger is more fun to watch than Buffett. Much more direct.
Yes, single-payer is the right choice. Obviously. Great minds think alike. But more interesting is his remarks on China. He says it’s a more fertile ground for value investors. “You got to fish where the fishes are” is how he put it.