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Munger: Bernie Sanders has won

Buffett & Munger2021-05-03video0:44Open original ↗

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SpeakersWarren1
WarrenWell, of course it's a lot harder, and I think one consequence of the present situation is that Bernie Sanders has basically won, and that's because with the everything boomed up so high and interest rates so low, what's going to happen is the millennial generation is going to have a hell of a time getting rich compared to our generation. And so the difference between the rich and the poor and the generation that's rising is going to be a lot less. So burning is won. He did it by accident, but he won.