Wednesday, January 19, 2011

Charlie Munger: Even If Gold Could Be Hoarded, You're Still A Jerk

"I don’t have the slightest interest in gold. I like understanding what works and what doesn’t in human systems. To me that’s not optional; that’s a moral obligation.

If you’re capable of understanding the world, you have a moral obligation to become rational. And I don’t see how you become rational hoarding gold. Even if it works, you’re a jerk."

Charlie Munger

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