Charlie Munger of Berkshire Hathaway thinks Vanguard and Blackrock are bad for humanity and bad for the future

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Charlie Munger of Berkshire Hathaway stated he thinks Vanguard and Blackrock are setting themselves up to be rulers of the world and they will not be good for humanity or the future.

He predicts there is large turmoil coming, from all sides and all directions.

https://www.youtube.com/watch?v=XFZ5TX7Dat0

Its very interesting hearing someone of his status and wealth say the things he said.

Doesn’t paint a positive picture of the future.

 

AC

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