The Generational Attitude of Investing

"There are a lot of people in this world that want their money to be fine like preserve protect capital so that I can compound it," he said. "I would also argue psychologically that we really underestimate what happened in 2020 when things got ugly and it could be really bad all of a sudden" He was talking about the online apps Van Dool and DraftKings, where you can bet on sporting events such as NFL games or soccer matches. The attitude has permeated people's view of how they should invest according to Warren Buffett and Charlie Munger who have both been around for more than 90 years.