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Collection: Charlie Munger - #104 'COVID'


Video Link: https://youtu.be/v1WQVmzC6rQ


In this episode, Charlie Munger was asked what does he think about the economy over the next 12 months (2021) from this difficult period of COVID-19?


In this episode, you’ll learn:

  • Charlie Munger thoughts on COVID-19 and the economy.

To check out all Collection: Charlie Munger <click here>

 

[Transcript]

(Source: https://youtu.be/WaDU1J91hY8)

INTERVIEWER 00:00

So I have one more question, which I think a lot of people have in mind. COVID has been extremely disruptive to American society and to the American economy.


How do you think the economy is going to emerge over the next 12 months from this period of great difficulty? And how much of the change that we’ve seen start to happen is going to be persistent?


CHARLIE MUNGER 00:29

Well, my opinion on that is no better than anybody else’s, but I think it’s quite likely that a year from now the worst of that will be very thoroughly behind us.


It’s amazing. I watched the polio get totally killed by the vaccinations, and I think they’ll spread these vaccines over the world so fast it’ll make your head swim. So I think this horrible COVID thing, it’s very likely to shrink to insignificance in the course of the next year.

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