FILE PHOTO: Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholso Reuters

By Jonathan Stempel

(Reuters) – Charlie Munger, the longtime business partner of Warren Buffett, on Wednesday said it is "massively stupid" for tensions to escalate between the United States and China, and separately said cryptocurrency should have been banned, calling it "beneath contempt."

Buffett Business Partner Munger Laments U.S.-China Tensions, Calls Crypto 'Venereal Disease' Investing News comes via ChinaTechNews.com.