Interesting how comforting his talks are, even though he says such negative things.
jan
:^)
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Comforting? That is in the eye of the beholder.
For example he talks about the immense progress our technical civilisation brought to modern life during the last 200 or especially 100 years, medicine etc. But he is aware that people are not at all more happy than during the thousands of years when life was so much tougher and shorter, claiming the opposite is true, thanks to envy and seeing everywhere (Internet, TV, Social Media) that âthe other oneâ has something oneself does not have (Rolex, T⌠car, iPhone 15 âŚ).
What about that? Isnât that the ultimate measurement of progress? Not the technical but the psychological side?
And he doesnât even mention that this accelerated scientific and technical progress of the last 100 years brought us the proliferation of nuclear weapons of mass destructions which for Warren (and I bet Charlie too) is the biggest threat for humankind ever. A problem which cannot solved by technical innovation as itâs root is that while those capabilities to wipe us out did improve our psychology and mentality did not.
Regarding inflation: I think to remember that Warren once (maybe 5-10 years ago?) said the age of super-low interest rates could be replaced by hyper-inflation?
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nuclear weapons of mass destructions which for Warren (and I bet Charlie too) is the biggest threat for humankind ever.
In a few decades, the biggest threat will be global warming, another result of accelerated science and technological progress. This summerâs extreme heat and drought all over the world is a warning sign.
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There is a qualitative difference: There might be technological solutions found for global warming â but not so for the threat of an idiot pushing the WW III button.
To see it âpositiveâ: At least that threat will be gone afterwards (Einstein: âI know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stonesâ.)
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âIn a few decades, the biggest threat will be global warming, another result of accelerated science and technological progress. This summerâs extreme heat and drought all over the world is a warning sign.â
Comedy. Climate Change=HOAX
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âIn a few decades, the biggest threat will be global warming, another result of accelerated science and technological progress. This summerâs extreme heat and drought all over the world is a warning sign.â
Comedy. Climate Change=HOAX
Here is another view of this:
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And earth is flat 
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It seems the higher intelligence a life form is, the shorter lifespan it will be. In only a few hundreds of thousands of years, modern human has created insurmountable risks for itself.
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Climate Change=HOAX
Curious why you think climate change is a hoax? There have been multiple times over the history of the planet that the temperatures have risen and fallen (at least that is my understanding). Why do you think that currently the temperatures are remaining constant?
Craig
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Maybe, just maybe our friend of few words does not intend to say he doubts climate change in itself, but that the current climate change is caused by us â which is not completely impossible.
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Of course its not impossibleâŚbuts for heavens sake, does it have to be such a âfreak outâ?
âŚmild attempt at humor.
m
Back on topicâŚ
Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s â only worse.
https://www.cnbc.com/video/2022/09/02/much-worse-than-the-19âŚ
I found his reasoning interesting. Fergusonâs much less sanguine about Chinaâs future than Charlie is.
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Comedy. Climate Change=HOAX
Buffett is allocating BRK capital to Oil.
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Is the first one actually a recent interview on CNBC? or is it a cobbled together collection of quotes and âmediaâ for click bait.
Blackswanny,
Your guess is as good as mine, about who created the Munger video.
Since it is obviously Charlie, isnât that enough?
BTW: Has anyone read the last version of Charlieâs almanac?
I must admit that I have only read the first one. Is it worth buying the latest edition?
jan
:^)
This doom and gloom prediction is non-sense.
5, 10, 15 years from now the stock market will be higher.
Humanity will make progress in solving global issues.
$Trillions of new wealth will be created.
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It is an edited together string of quotesâmaking the editor/filmmakerâs pointânot Charlieâs. I stopped watching after I realized this. Since I donât now the filmmaker, I donât know his intent. It was sort of slick; reminding me of the bitcoin websites.
Howeverâ I did look at another link that appeared on this board, which was an extended, uncut video of Warren giving a talk at a school, maybe mid-90âs? Not sure. Will check later. It is stellar, with no possibility to alter the context. So this site does have value.
But this particular link is to a total fabrication, using stock footage, cut to audio with no indication of the dates and circumstances of their recording. They could be from various decades, with no synced video images of Charlie, himself.
I found the presentation disturbing since there was no labeling that it was a synthesized presentation.
I think it may be a âfanâ who is trying to make a buck by offering content on YouTube. If s/heâs making her/his own points, s/he needs to say so. Actually, I think Charlie would not like being edited, out of context, in this way, if he knew about itâŚ. I get more disturbed the more I think about it, esp. since it has become a question, here. Like writing a paper and not citing quotes from others to make your own point. Except this person is making it look like Charlie is saying what they want him to sayâŚ
(Finally got my pronouns right, sort of. âThey,â maybe? ;))
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Always ask about and go back to the source, especially nowadays.
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Good points⌠thanks for the feedback.
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