Archive for Munger

Berkshire’s Munger for president?

OMAHA, Neb. (MarketWatch) — Charlie Munger, vice chairman of Berkshire Hathaway, may have political aspirations, judging by the latest version of the movie produced by the company at every annual shareholder meeting.
In a cartoon,
Munger, Chairman Warren Buffett and Microsoft Corp. Chairman Bill Gates decide Munger should run for president of the U.S., creating a new party called the National Independence Party.
Buffett will be secretary of commerce, head of the Treasury and the Federal Reserve. Gates will be Secretary of Commerce.
The Geico Gecko will be secretary of the environment and Mary See, founder of See’s Candies, will be secretary of health.
The national debt — at $9 trillion — is a major concern for the candidate.
“This country needs a leader who knows how to make money rather than spend it,” Munger said in the cartoon.
Other policies: Everyone will be encouraged to get fat during old age. Global warming will be reduced as everyone eats one Dairy Queen Blizzard a day. Baseball bats will be used for national security.
Other issues? … continue reading this entry.