A reader tells me that Charlie Munger says we're in a "mild recession."
Link here. The US economic numbers released last week -- unemployment, wages, spending -- no evidence whatsoever we're in a recession. If we're in a recession, it's a very strange recession.
Or is Charlie Munger looking for an explanation for BRK's ten-year return?
I guess it depends on one's definition of "recession."
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Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
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