When Charlie Munger headlines the sixth annual Sohn Hearts & Minds Investment Leaders Conference on December 3, he’ll have no shortage of topics on which to train his legendarily acerbic wit.
An unprecedented M&A boom, sky-high equity valuations, special-purpose acquisition companies (SPACs), bitcoin, GameStop – Munger’s immortal line that “if you mix raisins with turds, they’re still turds” has never seemed more apt.