Buffett, Munger on banks, real estate, Musk, Apple, AI, dollar dangers

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Buffett, Munger on banks, real estate, Musk, Apple, AI, dollar dangers
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Warren Buffett and Charlie Munger warned a banking crisis is possible, AI may be dangerous, and government overspending will end badly. Here are their 18 best quotes from Berkshire Hathaway's annual meeting.

Here are Buffett and Munger's 18 best quotes, lightly edited for length and clarity:

3. WB:"It would have been catastrophic, and that's why they were covered. Even though the FDIC limit is $250,000, that is not the way the US is going to behave, any more than they're going to let the debt ceiling cause the world to go into turmoil." 11. WB:"When something can do all kinds of things, I get a little bit worried. We won't be able to uninvent it. AI can change everything in the world, except how men think and behave."

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