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> When is it that "hackers" and people into doing risky businesses started getting so into in the most boring, most conservative investor of all time? I won't
by kypro 3y ago
> When is it that "hackers" and people into doing risky businesses started getting so into in the most boring, most conservative investor of all time?
I won't comment on the general sentiment of your comment, but I will take exception to your characterisation of Munger as "the most boring, most conservative investor of all time".
Munger throughout his life Munger came up with many interesting (and sometimes controversial) ideas, he even made some fairly risky speculative investments. For example just in recent history he was looking to invest in building windowless dorms to much push back and outrage. He also made a very risky leveraged bet on Alibaba which was far from conservative.
- davidivadavid 3y agoYup, the shitty dorm is indeed the one thing that stands out, of recent memory. Not sure that helps his case. That he made one uncharacteristically risky bet isn't exactly proof of anything, either. I'll happily grant you that my language was hyperbolic, however.