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Why do people invest in crypto? ‘It’s partly fraud and partly delusion,’ says Charlie Munger.

Por: MarketWatch Politics November 15, 2022

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Munger spoke to CNBC after the financial collapse of the crypto firm FTX and after its founder, Sam Bankman-Fried, stepped down as CEO of the company. See also:  So why do good people make poor investment decisions? Munger believes they’re influenced by a combination of factors. “It’s partly fraud and partly delusion,” Munger said. “That’s a bad combination.” He added: “There are people who think they’ve just got to be in on... + full article



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