Charlie Munger's Shock Confession at the Daily Journal Annual Meeting (2023) - Video

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Charlie Munger recently sat down with CNBC for the 2023 Daily Journal Shareholders Meeting, where he discussed many topics from his "worst investment ever" (being Alibaba), investing in China, Taiwan tensions, Buffett's investments in Activision-Blizzard and TSMC, buying stocks during a high interest environment and high inflation, the problem with Disney stock, the advantage of Costco stock, and a whole lot more.

Full Daily Journal Shareholder Meeting (2023): https://www.youtube.com/live/9VVPO3KWj3A?feature=share

New Money Clips: https://www.youtube.com/channel/UC2SsZqmrOaiy-ZAnTjWdw4g
My Podcast: https://www.youtube.com/c/TheYoungInvestorsPodcast

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★ ★ CONTENTS ★ ★
0:00 The Daily Journal Shareholder Meeting
0:47 Munger Explains His Alibaba Mistake
1:45 Investing in China
2:47 China vs Taiwan
3:24 Taiwan Semiconductor
5:50 Activision-Blizzard
7:05 Investing During High Interest Rates
8:45 Will Inflation Be Like the 1970s?
10:15 Buying Costco Stock
11:30 Disney Losing Its Magic?

DISCLAIMER:
Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.

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