Warren Buffett’s Deputy Calls Bitcoin ‘Disgusting’ And Bad For Civilization Topline Berkshire Hathaway Vice Chairman Charlie Munger railed against bitcoin in Berkshire’s annual meeting Saturday, calling the cryptocurrency — which Munger and longtime partner Warren Buffett have excoriated for years — “disgusting and contrary to the interests of civilization.” What it does, how it operates, and what’s the point of it. Billionaire investor Warren Buffett received his first bitcoin and several other cryptocurrencies during a dinner with five cryptocurrency advocates, led by … Topline Berkshire Hathaway Vice Chairman Charlie Munger railed against bitcoin in Berkshire’s annual meeting Saturday, calling the cryptocurrency — which Munger and longtime partner Warren Buffett have excoriated for years — “disgusting and contrary to the interests of civilization.” Berkshire Hathaway CEO Warren Buffett and vice chairman Charlie Munger attend an annual … Twee bekende beleggers die niet van BTC gediend zijn Warren Buffett, CEO van Berkshire Hathaway en zijn rechterhand, Charlie Munger (97). I have warned people in the past against investing in it. 4 Reasons Warren Buffett Can't Stomach Bitcoin Warren Buffett hates everything about the cryptocurrency -- and his distaste tells you a lot about his investment philosophy. “I don’t have any bitcoin. Neal Freyman. Copy. Got $500? - … Here are Buffett’s 16 best quotes about Bitcoin and crypto, edited and condensed for clarity: 1. Bitcoin is probably rat poison squared. Below are quotes from a renown investor Warren Buffet against crypto-currencies: Warren Buffett dismissed bitcoin and other crypto-currencies as worthless in a CNBC interview on Monday. Warren Buffett and Charlie Munger Take on Bitcoin, Robinhood at Annual Meeting Buffett called SPACS a "killer" for dealmaking. Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), has influenced the latter a great deal.. Will Air Canada (TSX:AC) Stock Double or Go to $0? The cryptocurrency bull market has been on a solid run in 2021 relative to its bull markets in previous years. Bitcoin had been closing in on $10,000, but it fell nearly 6% Sunday and was down another 2% Monday to just over $9,300. Follow. appeared first on The Motley Fool Canada. Bitcoin is "probably rat poison squared," he … Warren Buffett best quotes of all time. I won’t go big on Bitcoin. Quote Investigator: Berkshire Hathaway Chairman Warren Buffett and Vice Chairman Charlie Munger have employed a sequence of hostile colorful expressions to decry bitcoin. He just doesn’t like gold. During Buffett’s January 23rd dinner date with Justin Sun, founder of blockchain platform Tron, the billionaire investor explained why he believes Bitcoin is a lousy investment. Warren Buffett's brutal warning to Bitcoin investors: 'It will come to a bad ending' WARREN BUFFETT warned people not to invest in Bitcoin as the cryptocurrency is probably "rat poison squared". In fact, he went further to once again denounce Bitcoin as useless and also admitted that, contrary to what Sun said (and his foundation backed up), Buffett was not bullish on the industry and he certainly did not own any Bitcoin. Posted on October 16, 2020 October 16, 2020 by nathanael. Previous Post Previous Policy of candor. Managing Editor. – Warren Buffett “I basically don’t worry about [Kraft’s] brands. Bitcoin. At the time of his prediction, bitcoin traded above $14,000. 01 . It’s no secret that Warren Buffett is not a fan of cryptocurrency like bitcoin, which he calls “ probably rat poison squared.”But the real reason? Here's why. "Bitcoin is walgelijk" De bitcoin koers is dan ongekend gestegen de afgelopen 12 maanden (+529%), dat geeft criticasters juist nieuwe brandstof voor kritiek. Thanks to Munger, Buffett transitioned from buying unusually cheap stocks of companies that don’t necessarily have strong business prospects (called “cigar butts”) to buying wonderful companies that may not trade cheaply. Warren Buffett: The Best Canadian Stock to Buy Today. Warren Buffett is not a fan of investing in bitcoin. Buffett has been right about cryptocurrencies so far. “Cryptocurrencies basically have no value and they don’t produce anything. Bitcoin is probably rat poison squared. Investing legend Warren Buffett has said that he owns no cryptocurrency and never will, ... Stock quotes by finanzen.net; Reprints ... from Elon Musk to Warren Buffett, feel about bitcoin. Skip to content. More reading. I don’t own any cryptocurrency, I never will…You can’t do anything with it except sell it to somebody else," Warren Buffet said. Then, after the men met, Buffett admitted that Sun had done nothing to change his stance on crypto. Warren Buffett, chief executive officer of Berkshire Hathaway and cryptocurrency skeptic, thinks that Bitcoin is on par with seashells – that do nothing. - "The Intelligent Investor," 2003 "You only learn who has been swimming naked when the tide goes out." 17 Top TSX Stock Picks for March 2021. He didn’t want to upset Bitcoiners. Warren Buffett made 12 predictions about bitcoin, table tennis, and his death -- here's how they turned out From businessinsider.com The legendary investor Warren Buffett … Warren Buffett and Berkshire Hathaway's Vice Chairman Charlie Munger have both been quite critical of bitcoin … First, the lunch was postponed due to ill health on Sun’s side. "The sillier the market’s behavior, the greater the opportunity for the businesslike investor." Bitcoin and other crypto-currencies will crash and will probably not exist in 10-20years time. Topline Berkshire Hathaway Vice Chairman Charlie Munger railed against bitcoin in Berkshire’s annual meeting Saturday, calling the cryptocurrency — which M Is Warren Buffett Right About Bitcoin? Saul Loeb/Getty Images. They don’t reproduce, they can’t mail you... 2. 3 Top TSX Stocks to Buy Right Now The cryptocurrency quadrupled in price while late-to-the-party investors bemoaned having missed out. In May 2013 Fox Business journalist Liz Claman conducted a joint interview with Charlie Munger, Warren Buffett, and Bill Gates. As Warren Buffett’s quote suggests, you must always understand the fundamentals of anything you invest in. Warren Edward Buffett (/ ˈ b ʌ f ɪ t / BUFF-itt; born August 30, 1930) is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway.He is considered one of the most successful investors in the world and has a net worth of over US$100.6 billion as of April 2021, making him the world's seventh-wealthiest person. What Buffett has said about bitcoin and other cryptocurrencies in the past. 3 Top TSX Stocks to Buy in March 2021. 2021 13:01 Charlie Munger, the 97-year-old American billionaire investor, hates Bitcoin’s guts and wants everyone to know it. May 2, 2021. Warren Buffett won't touch it — and here's why The past year has been groundbreaking for Bitcoin. Warren Buffett, who previously called Bitcoin “rat poison squared,” didn’t speak up this time. Bitcoin Critic Warren Buffett May 02, 2021 by David Seaman Read our founder’s personal take on the growing divide between Bitcoin faithful and the financial establishment — recently underscored perfectly by Warren Buffett’s and his business partner’s condescending tone toward the cryptocurrency world in public comments made in California. Warren Buffett said: “Of our 49 billion , we haven’t moved any to Bitcoin ” — Warren Buffett Share the Warren Buffett Money quote image above on your site: Categories Investing Post navigation. Berkshire Hathaway CEO Warren Buffett said he'll never buy Bitcoin or invest in any other cryptocurrency despite surging prices. The post Is Warren Buffett Right About Bitcoin? Warren Buffett warned investors again not to invest in bitcoin. Bitcoin, ecco la tragica previsione di Warren Buffett Il multimiliardario CEO di Berkshire Hathaway ormai da diverso tempo afferma che questi tipi di valute non hanno valore 19 . Buffett Quotes. I would like to share a few quotes from Warren Buffett and my personal opinions. Bitcoin has been leading the charge once again, coming close to the US$60,000 mark before succumbing to pressure and slipping down as far as US$43,000 at the end of February. Topline Berkshire Hathaway Vice Chairman Charlie Munger railed towards bitcoin in Berkshire’s annual assembly Saturday, calling the cryptocurrency — which Warren Buffett’s Deputy Calls Bitcoin ‘Disgusting’ And Bad For Civilization - Cryptocasting , 2020 by nathanael and Vice Chairman Charlie Munger, Warren Buffett and Berkshire Hathaway 's Vice Chairman Munger! Buffett admitted that Sun had done nothing to change his stance on crypto bitcoin! 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