Charlie Munger on Lee Kuan Yew and Singapore's Success | Daily Journal 2017 【C:C.M Ep.263】

In this video, Charlie Munger, the vice-chairman of Berkshire Hathaway, shares his thoughts on the economic miracle of Singapore under Lee Kuan Yew's leadership and how it influenced China's success. He also compares India's situation, with a prime minister who wants to create a similar change, but faces challenges such as the caste system, overpopulation, and corruption. Munger believes that India has taken the worst aspects of democracy and that it will not be easy for them to follow Lee Kuan Yew's example.

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This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2017.
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☆Who is Charlie Munger?☆
Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time.

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Charlie Munger on Lee Kuan Yew and Singapore's Success | Daily Journal 2017 【C:C.M Ep.263】