Charlie Munger：Munger's 1994 USC Talk, Additional Excerpt 19

You can say, "Is this a nice way to behave?" Well, capitalism is a pretty brutal place. But I personally think that the world is better for having Wal-Mart. I mean you can idealize small town life. But I've spent a fair amount of time in small towns. And let me tell you you shouldn't get too idealistic about all those businesses he destroyed.

Source： https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator：Archived transcript, additional excerpt 19 · Verified：2026-10-19 · Verification：Short excerpt

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