India burdened by system that thwarts progress: Buffett aide
Billionaire and Warren Buffett’s business partner at Berkshire Hathaway, Charles Munger has said India is a country where people are burdened by a system that thwarts progress. His comments were in response to questions about the prospects for the nation’s economy. When asked about China, Munger said, “Too many people believe in luck and gamble, and that’s a national defect."