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Munger on Coca-cola getting into cannabis: 'Terrible idea' | JabarPos Media

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What Is Finance? (Definition of Finance)

Finance has the meaning of financing and various activities related to money such as lending, lending, saving, making budgets and others.

There are 3 types of finance that are commonly owned by people, namely, personal finance, corporate finance and government or public finance.

Financial Example

Some examples to explain about finance can be seen from the following things.

  • Lending money to investors by issuing permits on behalf of the company.
  • Invest money in shares or other forms.
  • Lending money by giving them a mortgage to buy a house
  • Save money in high-interest savings.
  • and others

Financial Topic

There are various financial topics that are of concern to the public, invited:

  • Profit
  • Capital
  • Cash flow
  • Financial statements
  • Dividend
  • Return on capital
  • Loss
  • Return rates, and other fees

Financial Information Sources

To discuss financial issues, there are several sources of information that are popular in the community and can be used as reference material.

  • Google Finance, for example such as market data, stock prices, news and others.
  • SEC website or company submission
  • Bloomberg News that contains news about companies and industries.

Financial Career

There are several types of careers that complete finance, given:

  • Accounting
  • Financial planning
  • Mortgage
  • Investment Credit
  • Personal banking
  • Commercial loans
  • Wealth management
  • Insurance
  • Audit
  • Equity Research



Berkshire Hathaway Vice Chairman Charlie Munger discusses former Wells Fargo CEO Tim Sloan, Coca-Cola, cannabis and Boeing.

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35 Comments

  1. Is Munger serious? Why would a drink associated with Cocaine – such a wholesome brand – get into something like cannabis? Maybe since it's becoming legalized and will become a gigantic market?

  2. The saddest part about this is that the majority of americans have supported legalizing marijuana for years now and nothing has happened at the federal level because of corporate interests. Now that Coca Cola is getting into the business itll be legalized.

  3. How does it feel to have to suck another man’s ass your entire life just to get rich? Oh yeah you’ll be dead in the ground soon bitch

  4. ''Because it's such a wholesome brand associated with happiness, why would we wanna associate it with a recreational drug?''

    Because people might associate it with happiness…???

  5. I don't drink soda lol
    But I smoke lots of weed lol
    I also speak in behalf of everybody in my circle and I also know alot of people who don't drink soda but love trees x) this company is slowly dying with this guy lol

  6. But he doesn't have to fly on that airplane. So it's kind of not relevant for him to state that he would fly on it "of course". Put his family and all of his relatives on it. Then we'll see.

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