We’ve just been watching a great recent interview with Charlie Munger in which he was asked his thoughts on Telsa and Elon Musk. Here’s his response:
Munger: Well it’s already created more significance than anybody would have predicted and its founder is bold and brilliant and swings for the fences. Of course people like that get some remarkable results and sometimes they get some quick failure. I haven’t the faintest idea how Elon Musk is gonna turn out but I think he’s got a considerable chance of success and a considerable chance of failure… He seems to like it that way!
Interviewer: Have you considered overnight Elon Musk getting into the candy businesses as he suggested he might do on Twitter.
Munger: I didn’t hear that it sounds like ‘wise-arsery’. I can’t criticize anyone else for wise-arsery.
You can watch the interview here:
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple: