Munger: Because the market sometimes turns into a casino, we have made more money. Over the decades we've been investing, overall, due to the gambling nature of the market, investing has become easier for us.

Buffett: We can only make money because the market is so weak.

Munger: Yes.

Buffett: We make money from the market's pricing errors, but those pricing errors are not caused by us. A long time ago, we understood a principle. When investing, you don't need to have a very high IQ. Investing doesn't have particularly high requirements; it just requires you to have the right mindset. #美国加征关税 #加密市场回调 $BTC $BNB $SOL