Charlie Munger Once Said ‘Just Say No’ To Bitcoin: A Legacy Of Caution
Charlie Munger, the late vice chairman of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), was known for his candid skepticism of cryptocurrencies during his tenure. He famously advised investors to avoid adding Bitcoin (CRYPTO: BTC) to their retirement accounts.
Munger’s Stance On Cryptocurrency
During the 2022 Berkshire Hathaway annual shareholder meeting, Munger emphatically stated, “When you have your own retirement account and your friendly adviser suggests you put all the money into Bitcoin, just say no.” His sentiment reflected a broader disdain for cryptocurrencies, a stance …