Tech
Charlie Munger: ‘Idiots Of Each Party’ In Control | CNBC
Berkshire Hathaway’s Warren Buffett; Charlie Munger, Berkshire Hathaway vice-chairman; and Bill Gates, Microsoft chairman, share their thoughts on the 2016 presidential race for the White House.
For more of Warren Buffett’s wit and wisdom visit https://Buffett.CNBC.com
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Charlie Munger: ‘Idiots Of Each Party’ In Control | CNBC
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A leak by Indian supplier Tata Electronics, purportedly of the yet-to-be-released iPhone 18 Pro models, has become marketing gold for the Chinese government. The Communist Party paper, The Global Times, is using the leak – caused by a cyberattack – as a cautionary tale for Apple and other American companies that are in the process of diversifying their supply chains away from China. CNBC’s Eunice Yoon reports.
00:58 Correction: The location tag should be Beijing, China.
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China’s Swagger After India’s iPhone 18 Leak
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Unstoppable demand for AI is leading to a capacity crunch on factory lines at the world’s leading chip manufacturer, Taiwan Semiconductor. And it could put a chokehold on AI’s ability to scale. Analysts tell CNBC that Nvidia, Apple, Broadcom, AMD and others are locked in an “extremely fierce” competition to get their GPUs, CPUs and custom AI chips made at TSMC. Capacity can’t come online fast enough, despite TSMC’s rush to build new fabs in Taiwan, Japan and Arizona, where has expanded investment to $265 billion. The strain has made one man at TSMC “the most popular person on the planet,” as chip start-ups and big name CEOs visit Taiwan to ask him for wafer allocation. It’s also created a rich opportunity for Intel, as customers look to the long-struggling foundry arm of the U.S. chip manufacturer for a second source.
Chapters:
0:00 Introduction
2:06 ‘Most popular person on the planet’
6:54 Making room for smaller players
9:10 Can new U.S. fabs ease the crunch?
Producer and Reporter: Katie Tarasov
Edited by: Matt Soto, Andrew Evers
Camera: Eddie Temborski, Robert Lampe, Evan Reinhardt
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Cerebras, D-Matrix, Getty Images, Intel, Nvidia, OpenAI, SpaceX, TSMC
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
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Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
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Warner Music Group, the third-largest music label by market share, is tapping into the South Asian music movement with its latest venture.
CNBC’s Laya Neelakandan explains.
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Micron’s hometown of Boise, Idaho has a growing crop of newly minted millionaires.
The AI-driven memory boom is showing up in the form of job growth, new construction projects, a bustling dining scene and an influx in new residents.
CNBC’s Katie Tarasov explains. Find the full report in related video.
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Half of single Americans say they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO’s 2026 survey.
But, the cost of dating itself is only part of the story. For millions of users, finding a date means paying for the apps.
Watch the full story in related video.
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@MTNJOHN
January 13, 2024 at 1:49 pm
Bill could have sat this one out
@tongbui6635
January 13, 2024 at 1:49 pm
He’s smarted person I’ve seen
@pdr770
January 13, 2024 at 1:49 pm
התחנה תחליף את כל עובדי הפוליטיקה הבכירים בחרדים ליטאים לומדי ישיבות. תכריזו על מצב חירום לשבועיים עם גיוס חרדים בצבא החרדי.
@somerandomperson3970
January 13, 2024 at 1:49 pm
Buffett And Munger are legends. Seems like the world was more stable when Bill/Buffett were the richest
@iFreeThink
January 13, 2024 at 1:49 pm
Politics and business
are supposed to be
"Fail MD people" and
"Fail Engineer people."
Law is actually extremely useful for everything.
@schafer18
January 13, 2024 at 1:49 pm
1:30 haha titanic
@lospolloshermanos5659
January 13, 2024 at 1:49 pm
Put this poor b*stard out of his misery. He looks like Gary Oldman in Hannibal.
@jeanninegrant5959
January 13, 2024 at 1:49 pm
Tell the truth munger
@johnmclaughlin3181
January 13, 2024 at 1:49 pm
LIKE YOU CHARLIE BUT LOOK HOW WRONG YOU WERE
@rebeccawhiteofficialanoint4282
January 13, 2024 at 1:49 pm
I think one of the main reasons why this nation has done well so far is that it is a combination of capitalism and socialism. And of course the biggest reason has been our generosity and spirituality, both of which are unfortunately on the decline. There are many factors for it, but a lack of true justice is the most prevailing.
@409raul
January 13, 2024 at 1:49 pm
Only idiots become socialists. I'm a millennial and I'm a capitalist!
@409raul
January 13, 2024 at 1:49 pm
He looks like that guy from Hannibal who cuts his own face
@aws21st
January 13, 2024 at 1:49 pm
I agree with Mr. Charlie
@darlenespatafore1743
January 13, 2024 at 1:49 pm
Bill Gates you da man!
@isaacdarche7103
January 13, 2024 at 1:49 pm
Nobel Prize-winning economist Richard Thaler has shown that markets aren't efficient. That's a big problem for capitalism.
@isaacdarche7103
January 13, 2024 at 1:49 pm
Munger is mistaken, the rebellion against one's parents begins in high school and ends in the early-mid twenties. The groundswell of support for socialism is from young people in their mid-twenties to mid-thirties who are saddled with $30k-$100K of debt, no job prospects, shrinking wages, and declining standard of living.
@isaacdarche7103
January 13, 2024 at 1:49 pm
Munger and Buffett have a conflict of interest. If the country were to change in a socialist direction, they stand to lose billions of dollars. That is why they cannot be trusted to give a fair and impartial opinion about the direction of the country.
@isaacdarche7103
January 13, 2024 at 1:49 pm
There has never been a truly capitalist system: all societies are a hybrid of capitalism and socialism. "The right amount of socialism" is an empirical question. The US has a lower standard of living than 9 or 10 other countries, which are more socialist. The US has a smaller economy that China (adjusted for PPP) which is also a socialist country. Based on the evidence, it would probably help us to become more socialist. Many people will argue against this based on their beliefs. But I ask: what is a better guide, beliefs or evidence?
@whipmaster44
January 13, 2024 at 1:49 pm
The multi billionaire Jews are taking over America. New World Order with Israel as headquarters.
@jesusi2901
January 13, 2024 at 1:49 pm
I wish I knew a time where politicians, didn't play politics.. I resigned from a political party as a matter of integrity.. With all due respect; has there ever been a time, where it hasn't been say one thing and do another?
This is not limited to the public sector.. Geuine lack of accountability is a common trait.
@Jesus-kt5dc
January 13, 2024 at 1:49 pm
1:12 DID HE JUST SAY REPUBLICANS WILL DIE OFF?
@recognizereal8938
January 13, 2024 at 1:49 pm
What I'm looking at is 3 multi billionaires
@nhutnguyen8674
January 13, 2024 at 1:49 pm
Do you have the full conversation?
@WILSON.1
January 13, 2024 at 1:49 pm
Charlie fails to identify that it absolutely has to be this way. When countries move closer and closer toward a Socialist state, there must be a bold and politically violent revolution in order to turn that bulky ship around. When the British Empire continued to grow their control over the American colonies, what did it result in? A bloody battle to the death! A war! What we have today in America is far less crazy that the American Civil War. These are just a few examples. Charlie seems to have taken a narrow view here, by thinking that we could change such a sturdy political status quo with the respectful, diplomatic politics of the 50's.
@brendaadamko1572
January 13, 2024 at 1:49 pm
Bubbles is that what you look like when you get rich? lol.
@chrisshoop1975
January 13, 2024 at 1:49 pm
Retire you old goat.