Charlie Munger warns about a very serious inflation problem and explains how this recession is likely to play out. He says that the troubles that come to us could be worse than last time, and shares his way of being prepared for this crisis.

Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren Buffett, Charles T. Munger has a net worth of around $2 billion. He is a profoundly wise man who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, rationality, and life experience.

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"BE CAREFUL! This Is Very Serious..." - Charlie Munger's Last WARNING
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