America can learn from Communist China, says Berkshire's Charlie Munger
CNN
Berkshire Hathaway vice chairman Charlie Munger praised the Chinese government for silencing Alibaba's Jack Ma in a recent interview, adding that he wishes US financial regulators were more like those in China.
"Communists did the right thing," Munger, the 97-year-old longtime friend of Warren Buffett, said about the handling of Ma, who criticized officials in Beijing last year for stifling innovation. The comments were included in a CNBC special about Buffett, Munger and Berkshire Hathaway (BRKB) that aired Tuesday night.President Joe Biden on Sunday delivers his first commencement address of the 2024 season at Morehouse College, where the president may for the first time in months have to confront the angst that’s been percolating on college campuses nationwide toward his administration’s policies on the Israel-Hamas war.
Arab and Palestinian Americans left a meeting with Secretary of State Antony Blinken on Friday night frustrated they did not have a clear understanding of how the Biden administration might act upon their concerns as the Israel-Hamas war devastates the civilian population in Gaza, participants told CNN.