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Tuesday, February 23, 2010

Charlie Munger at Caltech

This video is from a 2008 DuBridge lecture. More Munger.

I'm surprised he didn't get into any trouble for his comments at 1:00 (one hour) into the talk. It's also worth listening to his perspective on derivatives and financial engineering as an end run around regulation and margin requirements at 1:17. He's pretty rough on social scientists and financiers in the early discussion.

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