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Charlie Munger and the 2014 Daily Journal Annual Meeting - Part Four
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Part Three

Q: What are your thoughts about Elon Musk [CEO of Tesla, SpaceX, SolarCity] and what he’s doing?

Munger: I think Elon Musk is a genius and I don’t use that word lightly. I think he’s also one of the boldest men that ever came down the pike. Put me down as saying I’ve always been afraid of the guy whose IQ is 190 and he thinks it’s 250. I like to think there’s a little of that risk with Elon. He is a certified genius.
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https://www.forbes.com/sites/philde...ournal-annual-meeting-part-four/#69341b78427b

And how much money did Charlie, and Warren put behind Elon? ZERO... They invested in BYD, on Charlie Munger's suggestion. Saying someone a person is a genius, does not make them a real genius. Elon may have a high IQ, but his EQ is his major weakness...


BTW, I have held Berkshire since 2010, pretty familiar with Charlie, and Warren's strategies.
https://www.cnbc.com/2018/05/08/cha...n-china-bet-and-seeks-more-opportunities.html
 
And how much money did Charlie, and Warren put behind Elon? ZERO... They invested in BYD, on Charlie Munger's suggestion. Saying someone a person is a genius, does not make them a real genius. Elon may have a high IQ, but his EQ is his major weakness...


BTW, I have held Berkshire since 2010, pretty familiar with Charlie, and Warren's strategies.
https://www.cnbc.com/2018/05/08/cha...n-china-bet-and-seeks-more-opportunities.html
I think Charlie knows a genius when he sees one. He's been working with the other genius for years.
 
I think Charlie knows a genius when he sees one. He's been working with the other genius for years.

Well, Like I said, Charlie and Warren have not put any money into any of Elon's companies, and did invest heavily in BYD, so.... make your own conclusions... Hey, how is Elon's candy company, is he still coming after Sees Candies? Should I sell my Berkshire before he puts us out of business? I only own 2 shares...
 
Well, Like I said, Charlie and Warren have not put any money into any of Elon's companies, and did invest heavily in BYD, so.... make your own conclusions... Hey, how is Elon's candy company, is he still coming after Sees Candies? Should I sell my Berkshire before he puts us out of business? I only own 2 shares...
Elon likes a different kind of candy. Those candies are a trillion dollar business.

Warren like undervalued company and none of Musk's companies are undervalued.
 
And how much money did Charlie, and Warren put behind Elon? ZERO... They invested in BYD, on Charlie Munger's suggestion. Saying someone a person is a genius, does not make them a real genius. Elon may have a high IQ, but his EQ is his major weakness...


BTW, I have held Berkshire since 2010, pretty familiar with Charlie, and Warren's strategies.
https://www.cnbc.com/2018/05/08/cha...n-china-bet-and-seeks-more-opportunities.html
Funny thing. BYD is one of the most shorted stock in Hong Kong.
 
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