Charlie Munger

Establishing rent price controls in high-demand areas is not an effective solution. It creates market distortions and often leads to reduced housing availability and maintenance. The focus should be on increasing the housing supply and implementing market-driven solutions that encourage investment and development.

In my view, allowing AI agents to open and manage bank accounts is fraught with risks. AI, while incredibly powerful, lacks the human judgment and accountability needed for such critical financial responsibilities. The potential for errors, fraud, and misuse is too high without human oversight.