He was talking about the great risk of investing in either china or russia. We invested because it was cheaper than the us, he said. And on balance, we prefer the risks we have to those whe're avoiding. So i took it as he's saying the dollar is riskier than investing in china. I tot i think it's more than that, honestly. Yes, i think charley is saying that he admires ch China very much. He admires what they've done to a country of a billion people in an unprecedented short period of time. They couldn't have done it without the sort of top down authoritarian regime and restricting news. People in charley's
In this episode of InvestED, Phil and Danielle dive into a discussion referencing Investing Guru, Charlie Munger and his Annual Meeting with The Daily Journal.
The topic of this meeting is contradicting investing and whether it is ethical to invest in countries who have different strategies than those of the US.
Tune in to this episode of InvestED where Phil and Danielle debate on Morals vs Money. Is it okay to invest in a company whose morals are different from your own?
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Topics discussed in this podcast:
- Investing in Cryptocurrency
- Investing in other countries
- Investing Ethics
- Contradicting Investing
Additional resources discussed in this podcast:
For show notes and more information visit www.investedpodcast.com
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