In recent times, Munger’s critique of cryptocurrencies has intensified, leading him to call for an outright ban on these digital assets. He dismisses them as “gambling contracts” rather than legitimate investments.
In terms of investment guidance, Munger suggested that average investors would benefit more from investing in index funds rather than attempting to choose individual stocks without any clear advantage. This advice aligns with his long-standing approach to promoting simple and effective investment strategies over complex and risky ones.
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Source: Cryptocurrency - investing.com
