A Master of One-Liners: Munger on Politics, Life and Crypto

The thing many Berkshire Hathaway Inc. investors may have enjoyed almost as much as the 3,800,000% return Charlie Munger helped engineer were his quips along the way.

His label for a derivatives trading desk: “casino in drag.” Alan Greenspan was smart but “totally overdosed on Ayn Rand.” And Bitcoin was “noxious poison.”

Munger, who died Tuesday in California about a month shy of his 100th birthday, was the longtime business partner of Warren Buffett, with the pair transforming Berkshire from a failing textile mill into a $783 billion behemoth spanning industries from insurance to energy.

The duo would banter ...