Munger Critiques China, India; Tells Trump Haters ‘Roll With It’
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Billionaire Charles Munger entertained shareholders of a small publishing company with his thoughts on giant financial firms, the new U.S. president and the world’s two most populous nations.
India is a country where people are burdened by a system that thwarts progress, the prominent investor said, when asked about the prospects for the nation’s economy. China has been effective in lifting workers out of poverty, Munger said, but not without pointing out what he sees as a flaw among its population.