Tagged: warren buffet

TRON’s Justin Sun Apologizes for “Vulgar” Promoting of Lunch with Warren Buffet

Justin Sun, founder of the cryptocurrency network TRON (known as ‘Wave Field’ in China), has apologized on Chinese social media for “vulgar” and “out of control” marketing of his lunch with famous value investor Warren Buffet, Bloomberg reports. “(I) would like to express my sincere… Read More

Tron Crypto Platform Founder: Convincing Warren Buffet to Embrace Crypto “Might Be Unrealistic”

The “cryptosphere” has been aflutter over news that Tron cryptocurrency network co-founder Justin Sun successfully bid $4.56 million USD in a charity auction to have lunch with Warren Buffet. Buffet, 88, billionaire CEO of Berkshire Hathaway is vociferous crypto-detractor who has often taken to the… Read More

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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