Sunday, February 20, 2022

Charlie Munger on journalism: 'We have suffered a huge loss here'

 https://finance.yahoo.com/news/munger-newspapers-crazies-161659824.html

"I have my favorite crazies, and you have your favorite crazies, and we get together and all become crazier as we hire people to tell us what we want to hear," the billionaire said. "This is no substitute for Walter Cronkite and all those great newspapers of yesteryear. We have suffered a huge loss here. It’s nobody’s fault. It’s the creative destruction of capitalism, but it’s a terrible thing that’s happened to our country."

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