Charlie Munger: 'Enormously talented people deliberately go into fraud'

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3 жыл бұрын

Warren Buffett and Charlie Munger respond to a question on fraud at the 2002 Berkshire Hathaway annual meeting.
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Пікірлер: 44

@WildTrek 3 жыл бұрын

“If it sounds too good to be true, it probably is”. A good tip that works anywhere from the streets to high finance.

@harvey199813 2 жыл бұрын

The fact Charlie answered first…. *time for diligent note taking*

@iValueInvesting 3 жыл бұрын

3:46 EBITDA - Earnings Before I Tricked the Dumb Auditors.

@jagatdave 2 жыл бұрын

Oh.god...u r cruel...have mercy on those auditors...let them gather fake evidences and reconcile trial balances... jungle needs all...elephant...ant..crocodile and an eagle..

@maximomgwadira1687 Жыл бұрын

Haha love it

@mnjshwr 7 ай бұрын

Charlie will be sorely missed

@apga1998 Жыл бұрын

Robert Maxwell, the "the bouncer" was the father of Ghislaine Maxwell.

@pottersmiles7238 Жыл бұрын

The Bouncing Czech

@OffGridInvestor Жыл бұрын

General Electric WAS LOADED with accounting tricks and almost ENRON STYLE stuff. I think they were doing "mark to market" as well. Jack Welch was a real rotten egg.

@jackma7972 Жыл бұрын

Accounting books

@BusinessWolf1 Жыл бұрын

yes. they think they are smart enough to pull it off.

@Hermes_Agoraeus 3 жыл бұрын

"remonstrating"

@wyllowgrayson8531 3 жыл бұрын

it’s a word

@sbrooks904 3 жыл бұрын

I feel seen

@benjiunofficial 3 жыл бұрын

They look the same age as they do in 2021.

@samsonsoturian6013 Жыл бұрын

Or maybe frauds work hard to convince you they are enormously talented.

@BusinessWolf1 Жыл бұрын

that too

@basudebchatterjee5932 Жыл бұрын

Mydoughar

@cherbo328 Жыл бұрын

UBER - Dara Khosrowshahi

@JamesToler Жыл бұрын

🙌🙌🙌

@basudebchatterjee5932 Жыл бұрын

Plus।।।no।vostach।granted

@rammohan1991 Жыл бұрын

who are you

@iwontreplybacklol7481 3 жыл бұрын

The best people in society arent the rich and famous do nothings, but the ones that get real work done. Time the workers rise up against exploitation by the tyrants.

@derekwhittom1639 2 жыл бұрын

If the workers had any ability to organize and get anything done, they already would have.

@lucasasselmeier7825 2 жыл бұрын

@@derekwhittom1639 nice way of putting it. 99% of people consumed the majority of goods, and work as employees as they can’t find another way to give value. Those who find success have worked a much harder and risky journey to create an above average life

@Xezlec Жыл бұрын

There are few people in society who get more real work done than these two.

@samsonsoturian6013 Жыл бұрын

Found the shoplifter.

@basudebchatterjee5932 Жыл бұрын

No।peaple।he।is।amydoughter

@DoubtingThomas333 3 жыл бұрын

Given the chance to ask a question....proceeds to ask several questions.... Some people I tell ya

@zach4216 3 жыл бұрын

relax

@DoubtingThomas333 3 жыл бұрын

@@zach4216 but they're told they can ask 'a' question, not a question that splits off into several questions, some people just can't help themselves. It's annoying asf

@zach4216 3 жыл бұрын

@@DoubtingThomas333 you must be a blast at parties

@DoubtingThomas333 3 жыл бұрын

@@zach4216 is that your real name? Coz I named my son Zach too, haha

@filmynerd6393 3 жыл бұрын

@@DoubtingThomas333 you are soo funny dude .🤣

@basudebchatterjee5932 Жыл бұрын

Halpmi।।।।।poorfomaly