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Key Words: ‘Wretched excess’ means there’s ‘lots of troubles coming,’ warns Berkshire Hathaway’s Charlie Munger

‘I think there are lots of troubles coming… There’s too much wretched excess.’ That’s Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.06%  , sharing his thoughts on the current climate at the Daily Journal annual shareholder meeting on Wednesday. Munger, who serves as chairman for the Daily Journal along …

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