Nvidia CEO Jensen Huang Resigns After Affair Scandal, Sparking Buffett and Munger Warnings

businessinsider.com —

Jensen Huang resigned as Nvidia CEO Thursday after a scandal involving his personal life and an alleged affair with a suspected Chinese spy, prompting viral online commentary invoking Warren Buffett and Charlie Munger's warnings. X users widely shared Munger's quote about "liquor, ladies, and leverage" as ways smart people go broke, with Buffett clarifying leverage was the real risk. Huang admitted to being "unfaithful" to his wife following reports of the affair. Buffett's reputation advice, "It takes 20 years to build a reputation and 5 minutes to ruin it," also circulated. Berkshire Hathaway stock has risen 13% in the past month, while Nvidia shares have fallen 27%.


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