Monday, May 07, 2007 - Charlie Munger on Gambling


Warren Buffett: "Gambling is a tax on ignorance.  It is a shame to see governments sponsoring money being taken from people and their social security checks."

Charlie Munger:  "You won't see a casino in Berkshire Hathaway's portfolio." 

Source: - Charlie Munger on Gambling

Personally, I think my credit card is far worse than the Luxor at taking my money, and See's Candies are evil incarnate (because they're so good!) I'm not sure how Warren can eat steaks, Dairy Queen, drink a couple of coke's a day, and still look as healthy as he does for his age.  Must be something in Omaha's water...

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