Charlie Munger continued his rant against the investment prospects of bitcoin.
Berkshire Hathaway Vice Chairman Charlie Munger slammed bitcoin at the company's annual meeting, saying bitcoin investots share the values of Judas Iscariot.Follow Markets Insider's coverage of Berkshire Hathaway's annual meetingBerkshire Hathaway Vice Chairman Charlie Munger said he finally discovered what bitcoin investors do during their"happy hour" events.
After attending the event, Munger said he divined that bitcoin investors gather together to"celebrate the life and work of Judas Iscariot." Munger previously"And I think the people who are professional traders that go into trading cryptocurrencies, it's just disgusting," he added."It's like somebody else is trading turds and you decide, 'I can't be left out.
Munger's investment partner, Warren Buffett, has also criticized the asset class. In a May 2018 interview with CNBC, Buffet said bitcoin was"
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