126 - 25 Years of Wisdom - Charlie Munger and Warren Buffett Part 1
Maven Money Personal Finance Podcast
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The Real Enemy Is Contagion
Ad, thank the lord we have him. How sow much of a simplifier he is mentioned previously. He says that contagion is the real enemy at can result in all our panic. So that's why he was so complimentary of the fed. They had to say, we will fund basically all the banks and all the errors. You know, contagion could have absolutely hammered us. We luckily, you know, didn't get the bite,. even though a lot of sort of heartache and financial turmoil was created.
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