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Eric Frost
05-04-2009, 11:52 AM
“As I move close to the edge of death, I find myself getting more cheerful about the economic future,” Munger, aged 85, said.

Munger sees “a final breakthrough that solves the main technical problem of man,” he continued.

By harnessing the power of the sun, electrical power will become more available around the world. That will help humans turn sea water into fresh water and eliminate environmental problems, Munger explained.

“The main technical problem is about to be fixed,” he said. “If you have enough energy you can solve a lot of other problems.”

http://blogs.wsj.com/marketbeat/2009/05/02/munger-unusually-optimistic/

http://online.wsj.com/article/SB124139748870881957.html


Maybe he is so close to death he is starting to see the light at the end of a tunnel!

Eric

jonfrost
05-04-2009, 12:41 PM
:-)
Well, he has a point that the dramatic increases in solar cell efficiency will revolutionize our energy challenges. Very clean energy, and definitely doable with some investment.