Charlie Munger says buying crypto is investing in nothing - and he avoids it like a dirty sewer

Charlie Munger slammed crypto as worthless and dangerous, and urged investors to avoid it. Warren Buffett's business partner called crypto an "open sewer" and sellers "delusional or evil" The 98-year-old investor and Berkshire Hathaway vice-chairman said stocks are a far superior investment. Munger also predicted the world would continue using fossil fuels for a long time, noting natural gas is needed to create the nitrogen fertilizers used to grow crops, but also clean-energy sources will play a greater role in global power generation. He declared that he largely ignores macroeconomic trends, pays little attention to what commentators say, and instead focuses on investing his and Berkshire's capital as best he can. He said inflation will ultimately render all of the world's currencies worthless. Source