Munger, who often supported Republican causes, never shied away from expressing his opinions about either major political party. And the delusion may be more extreme than the fraud.” “That’s a bad combination,” he said in a 2022 interview with CNBC. Munger was often a critic of cryptocurrencies, calling bitcoin “noxious poison” while digital assets were “partly fraud and partly delusion,” he warned. “What do you think a derivatives trading desk is? It’s a casino in drag,” he said in 2015. Years later, he criticized citizens of Greece for thinking they could vote themselves rich as their nation struggled with debt. “He just totally overdosed on Ayn Rand at a young age.” “Alan Greenspan is a smart man,” he said. In 2011, he said the bubble in the United States leading up to the financial crisis was caused by a combination of “megalomania, insanity and evil” and offered some choice words for Alan Greenspan, saying there was too little oversight during his tenure as chairman of the U.S. Munger often criticized people he thought were making bad bets or gambling. “If you’re unhappy with what you’ve had over the last 50 years, you have an unfortunate misappraisal of life.” “Somebody my age has lived through the best and easiest period that ever happened in the history of the world - the lowest death rates, the highest investment production, biggest increases in most people’s standards of living,” he said in 2015.
