Charlie Munger on SPACs: 'I think the world would be better off without them'
Charlie Munger, Daily Journal Chairman and Berkshire Hathaway Vice Chairman, shares his thoughts on SPACs.
Video Transcript
CHARLIE MUNGER: I don't participate at all, and I think the world would be better off without them. I think this kind of crazy speculation in enterprises not even found or picked out yet is a sign of an irritating bubble.