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Charlie Munger blasted bitcoin, Robinhood, SPACs at Berkshire meeting – Markets Insider

‘It’s not just stupid, it’s shameful,’ Charlie Munger said about the ongoing boom in market speculation, and regulators not acting to curb it.

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Warren Buffett and Charlie Munger.
REUTERS/Rick Wilking

  • Charlie Munger tore into bitcoin, Robinhood, and SPACs at Berkshire Hathaway’s annual meeting.
  • Warren Buffett’s business partner dismissed big-tech competition concerns.
  • Munger said aggressive federal spending can’t go on forever.
  • See more stories on Insider’s business page.

Charlie Munger, Warren Buffett’s right-hand man, blasted bitcoin, Robinhood, and SPACs at Berkshire Hathaway’s annual meeting on Saturday.
Munger, Berkshire’s 97-year-old…

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