Tagged: warren buffet

Warren Buffet Calls Bitcoin a “Delusion,” Says it “Has No Unique Value”

Value-investing veteran Warren Buffet has stated in a recent interview at CNBC that his famously unimpressed position on Bitcoin has not changed: “(It’s) oo bad. Bitcoin -its ingenious- and blockchain is important, but it has no unique value. It doesn’t produce anything at all. I… Read More

The Oracle of Omaha: Warren Buffet Gives Fintech Some Love

Warren Buffet’s Berkshire Hathaway has moved into Fintech. Long a lover of more boring investments like insurance and rusty metal businesses, Berkshire has recently invested in two different Fintech firms. First, Berkshire backed Brazil based payments tech firm StoneCo. with a mere $300 million. StoneCo…. Read More

Warren Buffet Is Short-Sighted About Crypto – Here’s Why

Recently during a television interview, world-renowned investor and well-known Bitcoin cynic Warren Buffet described Bitcoin as “rat poison squared”. Buffett made the comment while responding to questions about Bitcoin’s meteoric and highly-publicized growth in the last five years. It would be an easy matter to… Read More

Warren Buffet on Cryptocurrency: It’s Rat Poison. Charlie Munger Calls it Stupid and Immoral.

Warren Buffet, the founder of Berkshire Hathaway and a legendary investor, is no fan of cryptocurrency. Speaking with CNBC this week during their annual shareholder meeting, Buffet told Becky Quick that bitcoin is “rat poison squared.” Not exactly a compliment. Buffet believes that “cryptocurrencies will come… Read More

‘Crowdfunding’ College Costs

Is a college education a good investment? Warren Buffett has often quipped, before audiences of business-school students, that he would pay $100,000 for 10% of a student’s future earnings. One new website, Upstart (www.upstart.com), allows some of us to make a similar move. “Accredited investors”—generally,… Read More

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