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Charlie Munger at HQ2: Driving rich people is pretty dumb if you're a state or a city "



  • Charlie Manger, vice chairman of Berkshire Hathaway, has decided on the decision of Amazon to cancel its plan to bring the second headquarters to New York.
  • He told CNBC in Thursday's interview that states like New York that he
  • Unexpected statement of Amazon on Thursday caused a debate over the entire political spectrum about whether this decision was a victory or a loss.
  • Watch for the stock price of Amazon Insider Markets.

Charlie Manger, vice chairman of Berkshire Hathaway, appealed to the Amazon to refuse plans for headquarters in New York when he stated in an interview Thursday that he believed that the city had driven a technological giant in "pretty silent" move.

"There are several places that shot themselves in the leg," Manger said in an interview with CNBC, answering the question of whether New York "created a big problem for itself" against the background of some confrontation with the original Amazon [19659006] He continued: "Connecticut, California, New York. They were – that was serious." And expeling rich people is pretty silly if you're a state or a city. And the idea that you are "Coming to help New York drive out rich people , of course, it damages New York.

He continued to say that other states were foolish to "drive out rich people."

"I know a lot of wealthy people who left California," he told Becky Shvydko. "I think it's very stupid for the state to drive out rich people. They are old, they keep your hospitals busy, they do not burden your schools, the police department, yours, and they give it a lot. I want Florida to and Hawaii was very smart in how they recruited wealthy people, and I think that Connecticut and California were meaningless. "The spectrum was over whether it was a win or a loss decision. The company, led by Jeff Bezos, finished hunting for a second in November last year Headquarters when it announced that landed and New York, and Virginia, adherents believed that it would bring thousands of jobs and economic opportunities to the cities; the opponents said that headquarters in Long Island Queens would raise housing prices and burden already overloaded public transportation. [19659006] Amazon shares were mostly mistreated after the announcement. The stock traded less than 1% on Friday, this year it gained 8%.

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