Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Do...
The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to keep his own crypto safe,” the Binance CEO stressed. Binance’s CEO on Warren Buffett and Crypto Investing Binance CEO Changpeng Zhao (CZ) talked about Berkshire Hathaway CEO Warren Buffett and cryptocurrency investing on Yahoo Finance....
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Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad. Warren Buffett Explains Why He Won’t Buy Bitcoin Warren Buffett and Charlie Munger talked about bitcoin during Berkshire Hathaway’s annual shareholders meeting Saturday. Buffett is Berkshire’s CEO and chairman of the board. Munger, often known as his right-hand man, is the company’s vice chairman of the....
When Warren Buffett speaks, like the old EF Hutton commercials used to say, people listen. Older people at least. He is nothing less than a master investor, with an unparalleled history of success and influence. And since people tend to follow leaders, and need to be led, he can banish a stock or industry to junk bond status at any time. His recent comments for the coming year now include Bitcoin, and his commentary is not pretty. Also read: 2014 - The Best and Worst Year for Bitcoin So Far. Warren Buffett: Stay Away From Bitcoin. A little background on Warren Buffett. He seems to have a....
Warren Buffett likes to dollar-cost average into major stock market indices but data shows that the same strategy has worked very well for Bitcoin buyers too. Warren Buffett has a message to young investors: dollar-cost average into major stock market indices. However, data shows that the same strategy has worked quite well for Bitcoin (BTC) too over the past decade.The term dollar-cost averaging or DCA refers to a strategy when an investor divides up the total amount to be invested into periodic purchases of the given asset. The theory behind this investment strategy is that when an asset....
Master investor and chairman, CEO of Berkshire Hathaway Warren Buffett, isn't shy about his financial opinions. Appearing on CNBC Friday to discuss an NCAA-related contest, Buffett weighed in on a number of topics, including bitcoin. "Stay away from it," he was quoted as saying in a transcript. "It's a mirage basically." He said that the idea bitcoin might have "intrinsic value is just a joke." On a positive note, Buffett did acknowledge that bitcoin was "a very effective way" of transmitting money, but added that so were checks and money orders. This isn't the first time Buffett has....
Raising the minimum wage is not the answer, according to Buffett. An earned income tax credit is a solution he prefers, as it should have a more positive effect. Financial experts are on the fence about the current state of the US economy. Many people seem to believe everything is on the right track, but that is not necessarily the case. Warren Buffett issued a clear warning to the rest of the world, by highlighting the weakened state of the economy. In fact, he even mentions how the rich guys are still getting the upper hand, rather than creating a more diversified playing field. Any....